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Overseas property interest in Australia stays strong

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The Foreign Investment Review Board says Chinese property buyers spent more than $24 billion on Australian real estate in the year 2014-15. Image: A high-end Melbourne home sold to a Chinese buyer (AAP)


It makes the group the largest source of foreign purchasers in the country.

 

But has that demand diminished after most of Australia's banks tightened their lending conditions for Chinese buyers earlier this year?

 

 

 

 

 


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