Thursday, November 4, 2010

Shanghai investors favor Australian houses
Ms. Wang bought a villa and four apartments in Australia in short three days with a total turnover nearly 40 million yuan.
 Shanghai investors are very familiar with the property market in Australia, in particular, in Queensland's Gold Coast and Brisbane. 

Li believes house prices in these two places still have much room to continue to rise compared to prices in Sydney and Melbourne where property prices were pushed higher two years ago. 

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