Asian Buyers Still Swooping in for Pre-Sales in Australia

Like all data, the 90% of buyers cited here is anecdotal. But foreigners wanting to buy in Australia have been pushed into the new construction market; it's all that's legally left.

Australian property: Asian investors swoop

"There is a lot of talk about Australian property being overvalued but when you do look at property in places like Shanghai and Hong Kong. - it remains extremely expensive," said Rees.

Australia, the Hamilton of Asia.