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A SPENDING spree in Gold Coast property by Chinese investors has seen them replicate the Japanese investment wave of the 1980s.But,Chanel bags, while the Japanese buyers came and went for the most part in little more than a decade,Hogan Scarpe, the Chinese are tipped to be around much longer.Buyers from China now make up one-quarter of all sales made by LJ Hooker Surfers Paradise s project marketing division.Nationwide,chanel handbags, LJ Hooker has just signed a new three-year strategic partnership with Chinese property listings portal Juwai.com.Juwai s two chief executives are in Queensland this week for LJ Hooker s annual conference to explain how its franchisees can attract Chinese buyers for their listings.Juwai markets itself as the number one portal for Chinese who are searching for overseas property.The LJ Hooker agreement comes after Chinese buyers spent more than $4.2 billion on Australian property in 2011,Cheap True Religion, compared with $1.1 billion in 2009.Since January,cheap true religion, Juwai.com has recorded a 61 per cent rise in Australian residential property searches,goo.gl/e7WJT, and property viewings were up 162 per cent over the period.LJ Hooker Surfers Paradise principal Tony Tooma said Chinese investors were changing the face of the Gold Coast property market.He said they were most interested in freehold opportunities because most property in China is leasehold and offered less certainty of tenure.Mr Tooma said most interest was in the $600,chanel outlet,000 to $1.2 million price range for Foreign Investment Review Board-approved properties. Many of the investors have Chinese connections in Australia and the most active are from Guangzhou and Shenzhen,foceng.com/oakley.html, he said.Mr Tooma said Chinese interest in the Gold Coast was different to the Japanese property wave that hit the Gold Coast in the 1980s and 1990s. The Chinese interest is a trend whereas the Japanese investment was a tidal wave that came and went,Chanel bags, he said. I think you ll see Chinese investment as a long-term trend. LJ Hooker Southport principal Alex McCormack said nine out of 10 potential purchasers who had inspected one of his listings in Southport were of Chinese descent.He said the suburb was proving popular with Chinese buyers because it was close to the city s universities and hospital. Chinese buyers are very keen to find properties for their children to live in while they attend university and,hogan sito ufficiale, currently,Burberry Outlet, anything below $300,ghd hair straighteners,000 is very attractive to them,chanel handbags, he said. We are seeing a real shift in the demographic of Southport.
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