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Chinese buyers on private jets lining up for Toorak mansions

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Wealthy Chinese buyers are taking private jets to Melbourne to purchase mansions in Toorak – the city’s most expensive suburb – on the spot, says Toorak buyer’s agent Alex Bragilevsky.

Mr Bragilevsky, who is also a property developer, started off his agency to service the Jewish market, but says 90 per cent of the work he now does is for Chinese buyers.

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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com

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    Original URL: https://www.afr.com/property/residential/chinese-buyers-on-private-jets-lining-up-for-toorak-mansions-20231016-p5ecoh