Not in my experience with Melbourne.

Glen Waverley, Box Hill, Springvale and then the spillover. I can't get a look in. One house went for $200k over the asking price. Glen Waverley has supposedly ~25% Chinese but its a lot more in practice. There are also a lot of Indians looking in the surrounds. There aren't that many anglo people at the viewings at all.

I was talking to a mortgage broker and he said that in some cases the children were advance parties with parents money.

A lot of the estate agents are Chinese as they cater to the Chinese.