Advertisement
Australia markets close in 5 hours 18 minutes

  • ALL ORDS

    7,822.20
    -76.70 (-0.97%)
     

  • ASX 200

    7,566.00
    -76.10 (-1.00%)
     

  • AUD/USD

    0.6414
    -0.0012 (-0.18%)
     

  • OIL

    82.50
    -0.23 (-0.28%)
     

  • GOLD

    2,391.80
    -6.20 (-0.26%)
     

  • Bitcoin AUD

    98,455.00
    +2,641.08 (+2.76%)
     

  • CMC Crypto 200

    1,306.64
    +421.10 (+47.30%)
     

  • AUD/EUR

    0.6023
    -0.0008 (-0.13%)
     

  • AUD/NZD

    1.0870
    -0.0005 (-0.04%)
     

  • NZX 50

    11,800.13
    -35.91 (-0.30%)
     

  • NASDAQ

    17,394.31
    -99.31 (-0.57%)
     

  • FTSE

    7,877.05
    +29.06 (+0.37%)
     

  • Dow Jones

    37,775.38
    +22.07 (+0.06%)
     

  • DAX

    17,837.40
    +67.38 (+0.38%)
     

  • Hang Seng

    16,385.87
    +134.03 (+0.82%)
     

  • NIKKEI 225

    37,322.79
    -756.91 (-1.99%)
     

Top 10 countries for Chinese investors

Samantha Menzies

If you thought a slower economic outlook for China meant weaker overseas investment, think again.

Chinese buyers broke worldwide records with their property-shopping spree in the last quarter of 2015 but the top 10 picks show the countries where they are most interested in investing.

Unsurprisingly Australia is one of them.

Top 10 countries for Chinese buyers

Once again, the US dominates as the number one spot choice, followed by Australia, Canada, and New Zealand to round up the top four countries most viewed and enquired by Chinese buyers in Q4 2015, according to Chinese international property search website, juwai.com.

ADVERTISEMENT

While Thailand and the UK took the fifth and sixth spots respectively on the list of most viewed countries, their positions were reversed when it came to actual Chinese buyer enquiries.

Also read: Why is Aussie property so appealing to Chinese investors?

Japan, Spain, and France had varying positions on both charts as well.

Singapore, which was the tenth most viewed country by Chinese investors, slid off the list of most enquired countries to be replaced by Germany, which didn’t even make it to the first list.

Top 10 Australian cities searched by Chinese buyers

The natural bounty of the ‘land down under’ has made it a constant favourite with Chinese buyers, even more so with the comparatively weak Aussie dollar against the Chinese yuan.

Other drivers include Australia’s quality education, attractive lifestyle, low-risk business environment, and of course, it’s large and mature Chinese population.

Also read: Where are Chinese investors buying property in Australia?

Even as Melbourne, Sydney, and Brisbane retained their top three spots, other cities are coming up fast. Perth overtook Gold Coast, while Adelaide was a non-mover at number 6.

Cairns and Canberra swapped spots to take the seventh and ninth spot respectively, while Newcastle and Sunshine Coast were two newcomers that replaced Launceston of Tasmania (former number 8) and Toowoomba of Queensland (former number 10).