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Australian real estate into the "spring sales" peak season, Chinese buyers return, ignoring the hot property market aimed at limiting their buying interest in Australia limit the loan initiatives.

Financiers and real estate brokers say Asian investors have found new ways to re-enter the Australian property market, including buying lower-priced real estate as a purchase target and trading in cash. Australian bankers this year to close the financing channels for overseas buyers, there are people turned to the rich or foreign banks to seek loans.

Buying a comeback has ignited fears about the Australian property market bubble and has alerted regulators. Australian property prices are already among the most expensive in the world.

Real estate group Knight Frank's research shows that the Sydney Harbor Bridge view of the apartment, now prices more than similar to the Paris Eiffel Tower or Miami Beach view room.

"We are now even seeing people from China 's mid - sized cities such as Chengdu or Shenzhen coming to Australia to buy a house," said David Chatterjee, director of Melbourne' s Lucror Property, "we find that most houses and land buyers trade in cash.

The Reserve Bank of Australia has expressed concern that interest rates at record lows, the housing market may be an important risk of financial stability concerns.

Australian banks earlier this year to tighten the financing of foreigners, alleged that due to increased credit risk, resulting in almost dried up overseas demand.

But inquiries from Chinese buyers picked up, according to Juwai.com, China's largest international property website, in the September quarter, asking for up to $ 1 million in real estate increased by 34% in June compared with 12%.

Australia's foreign investment rules have led overseas investors to buy new properties, such as off-the-plan apartments that have not yet been completed.

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Foreign banks, including UOBH.SI and HSBA.L, have entered the gap to fill large banks, regulatory filings show.

HSBC Bank, a spokesman said that the vast majority of bank mortgage customers or local Australians. UOB did not comment on the response.

Non-bank lenders also took a fancy to the market, and consulting firm Basis Point said it had received numerous inquiries from non-bank lenders and borrowers.

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