Chinese Property Buyers in Australia

By Rebecca Zhang

Sydney’s first ever Chinese Property Expo saw over 3000 people walk through the doors at Number One Dixon Street in Chinatown over the weekend.

Ray White, Australia’s largest real estate company was represented at the expo by two of their key offices – Ray White Southbank (Victoria) and Ray White Rural Sydney.

Ray White’s Head of the Asian Division Rebecca Zhang said the weekend was a great opportunity for Ray White and Ray White Projects.

“Over the weekend we were inundated with high enquiry on new developments in Sydney and an even higher demand on rural properties. The amount of inquiries on rural properties exceeded expectations.” she said.

Overall 90 per cent of the attendees showed interest to buy off-the-plan in all parts of Sydney including Surry Hills, Putney, Rosebery, Mascot, Lane Cove, Zetland, Epping, Sylvania, Arncliffe, Rhodes, Macquarie Park, St Ives. Projects in Brisbane CBD, Melbourne and Gold Coast also received strong interest.

In addition to property exhibitors, there were also professionals from the banking, migration and accounting sector providing consultancy services to tourists and Chinese people in Australia on business visa options.

There were all day seminars from each exhibitor on their project as well as other professionals presenting on topics on migration policies in Australia and cultural differences in the business world – China vs Australia.

Dan White, Director of the Ray White Group says he is happy with the contribution and the success over the weekend and is pleased to say Ray White will continue to find new ways to support Chinese property buyers in Australia.

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