Chinese investors pull out of Melbourne apartment market

Chinese investors are pulling out of Melbourne's apartment market, prompting a downturn. In the past, they helped drive the inner-city apartment market to new heights. Around 5,000 new apartments are expected to be completed and up for sale this year.

New apartment buildings in Sydney

New apartment buildings in Sydney Source: AAP


Share

Published

Updated

By Bích Ngọc



Share this with family and friends


Follow SBS Vietnamese

Download our apps

Listen to our podcasts

Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Watch now