Last year, Asian investors and students studying abroad invested more than 1 billion yuan in the Brisbane housing market. The number of overseas students who have visas to study in Queensland has reached a new high, and many families choose to buy in Queensland. This year, a total of 24,115 students from mainland China and Hong Kong enrolled in Queensland universities, colleges and training schools, and raised their overseas investment in real estate to a new level.

According to Queensland land ownership registration and registration data, Chinese investment in Brisbane has more than tripled in the past three years, from A$185 million in 2013-14 to 698 million in 2016-17. Australian dollar.

From a regional perspective, the Chinese almost invested all their money in Brisbane and the Gold Coast. At the end of the last fiscal year, more than 6,000 plots in these two cities were bought by the Chinese.

Real estate experts believe that the Chinese real estate investment in Queens has soared, mainly because the number of Chinese students studying in Queensland has reached a record high.

By March of this year, there were 21,509 Chinese students in the student visa in Queensland, accounting for about a quarter of the total number of international students in the state, which directly promoted local real estate investment.

Data from the federal government show that since 2015, the number of Chinese students has increased steadily by about 3,000 a year. Driven by the wave of international students, parents began to buy a house near Brisbane's best schools.

The study abroad fever has not subsided because of the purchase restriction policy. The qualified Chinese people are more and more loyal to let their children study abroad. Some Chinese mothers came to Australia to accompany their children with a guardian visa. Most of them don't like to rent a house, preferring to buy a luxury home. People are buying a house not only to give their children accommodation, but also to invest... part of the reason they buy a house is for a lifestyle.

According to CoreLogic real estate data, due to the emergence of the Chinese mother group, the median house price of Sunnybank has increased by 27% in the past three years, a record high of 790,000 Australian dollars.

Statistics show that among the buyers, the middle class from overseas, especially the middle class from China, has seen an amazing increase.

Antonia Mercorella, chief executive of Queensland Real Estate, said that last year, mainland Chinese and Hong Kong citizens had as many as 3,880 properties in Brisbane, a three-fold increase from 2013 to 2014. On the Gold Coast, Chinese investment in real estate was A$699 million, up from A$201 million three years ago. In the past three years, the number of Gold Coast real estate purchased by Chinese has more than doubled to 3,244.