Real estate agents target Chinese investors for Mordialloc Chelsea properties

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REAL estate agents are targeting the burgeoning market of Chinese investors to sell some of the Mordialloc-Chelsea area’s multi-million dollar homes.

Methods being used by local agencies include filming property promotional videos in Mandarin and hiring Mandarin and Cantonese-speaking agents and translators.

JPP Buyer Advocates director Ian James said Chinese buyers were not affecting the average property market, but were looking at multi-million dollar homes.

“We see a lot of Asian, especially South-East Asian, buyers after properties in the $3m range,” Mr James said.

“The number of them definitely wasn’t as prevalent as it was about five years ago.”

Click here for the rest of the article (Herald Sun Website)

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