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Chinese buyers dominate foreign-owned property, new data reveals
Chinese investors are the dominant group of the more than 40,000 Aussie properties on the Register of Foreign Ownership of Australian Assets for residential land.
A whopping 67 per cent of the more than 40,000 Australian residential properties registered as foreign owned are linked to buyers from China.
It comes as experts have revealed how international investors are changing their approach to minimise government surcharges.
The Australian Taxation Office’s Register of Foreign Ownership of Australian Assets residential list tracks homes bought from 2016 to 2024, most under the supervision of the Foreign Investment Review Board, that are still owned by international interests.
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Chinese buyers snap up lion’s share of foreign-owned Aussie homes
Chinese buyers account for a whopping 67% of the more than 40,000 Australian residential properties registered as foreign owned, new Australian Taxation Office (ATO) data reveals.
The ATO’s Register of Foreign Ownership of Australian Assets tracks homes bought from 2016 to 2024, mostly under Foreign Investment Review Board (FIRB) supervision, that remain in offshore hands. Mainland Chinese investors are the dominant force among buyers from 135 countries, with 23,550 properties – or more than 27,000 when combined with Hong Kong, The Herald Sun reported.
The data lands amid some of the toughest foreign investment settings in years, with most foreign buyers facing a temporary nationwide ban on purchasing established homes from April 1, 2025 to March 31, 2027 and surcharges commonly adding 7%–9% to non‑resident purchases, leaving many paying 15%–25% more upfront than locals.
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