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These apartments will be the first to gain from China’s reopening

Michael Bleby

Australia’s beleaguered, off-the-plan apartment market could get a boost in the first quarter from China’s decision to loosen travel restrictions, as it will allow project marketers back into the country, the country’s largest real estate agency group says.

While the booming Chinese demand of the late 2010s was unlikely to return, developers that were keen to sell to offshore buyers could once again jump on a plane to go and market projects, Ray White chief economist Nerida Conisbee said.

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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com

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    Original URL: https://www.afr.com/property/residential/these-apartments-will-be-the-first-to-gain-from-china-s-reopening-20221228-p5c92q