Chinese investors make a comeback in Sydney’s property market

By |
A resurgence of Chinese property buyers in South West Sydney has brought in $44.45 million worth of commercial property transactions for real estate firm CBRE over the past four weeks.

“Over the past several months, there has been a significant uplift in enquiry from both local and offshore developers for secure opportunities in South West Sydney’s hottest growth areas,” said CBRE’s Thomas Mosca.

One of the recent sales in this Sydney region included a $14 million 10-acre site in Edmonson Park, which was mooted to be the location of a high-rise apartment and townhouse project. Another mixed development site worth $13.95 million was sold to a Chinese investor.

“The majority of recent property sales in the south western pocket have been secured by Chinese purchasers looking to land-bank these opportunities and bring them into fruition once the timing for these areas is right,” said Mosca.

He further added that the properties most in demand are the ones that can accommodate house and land style packages, as well as those that can be developed into high-rise apartments.

Can you afford to buy in this suburb? Find out how much you can borrow

Top Suburbs : south brisbane , mortdale , upper kedron , leumeah , emerald

go back

Get help with your investment property

Do you need help finding the right loan for your investment?

When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.

Just fill in a few details below and we'll then arrange for a local Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus an appointment is free.

How soon would you like a mortgage?
What is your Annual Household Income i $
Do you currently own any Investment Properties?
Do you own your own residence?
How much equity do you have in all your current properties?
First Name
Last Name
Where do you live?
What number can we reach you on?
E-mail address
We value your privacy and treat all your information seriously - you can check out our privacy policy here