Have you thought about targeting Chinese buyers in your property marketing campaign? If you haven't, then you should start thinking about it, as in 2013, Chinese buyers spent $5.9 billion on Australian real estate (Foreign Investment Review Board).
It's believed that more than three-quarters of Chinese travellers will consider buying property overseas in 2018, according to a recent report by international property portal Juwai.com. Michelle Ciesielski (director and head of residential research) said the share of sales to Chinese buyers in Australia had tripled since 2013. Chinese investors are still the most active off-shore players across the real estate market, with research showing the spend is at $1 in every $4 by foreign interests in both residential and commercial property.
Juwai is the number 1 Chinese international property portal, averaging 1.5 million visits each month. Up to 85% of its user base are high net worth, Chinese buyers.
Don't miss out on this valuable exposure. Select this extra when signing up, or anytime later and your property listing:
- Will be displayed on Juwai until sold
- Will be translated into Mandarin (up to 250 words)
- Will have all enquiries translated into English and forwarded onto you