One of the only agents to run successful bilingual auctions in English and Mandarin, Robert Ding has been able to provide significant insights into Melbourne’s Chinese buyer and seller property markets.
In his core areas of Boroondara and Whitehorse, Chinese nationals, recent Chinese migrants and well-established Chinese residents have been drawn to these leafy municipalities for the great schools, access to transport and Chinese community hubs. Servicing these areas since 1995, Mr Ding has been the go-to agent and his results speak for themselves.
“To have someone with Robert Ding’s experience and huge client following join us at The Agency complements our launch into the Boroondarra and Whitehorse markets beautifully,” Peter Kakos, The Agency’s Victorian General Manager, explains.
“Robert’s passion and knowledge are unrivalled. The skill set that Robert possesses can only be acquired with 20-plus years of experience, with the addition of being bilingual and incredibly well-known and respected throughout the community. People immediately warm to Robert when they meet him – he’s that sort of person.”
Over the last 12 months, Mr Ding has transacted $159,881,876 in sales, achieved a 96 per cent clearance rate at auction and also achieved, on average, prices $288,000 above reserve. His average sale price over this period was $2,459,721.03 and he sold 65 properties.
“‘Brands don’t sell houses, people do.’ I was instantly drawn in by this mantra,” Mr Ding says.
“As I approach my 24th year in the real estate industry, it was time for a change.
“My extensive knowledge of the building and construction industry allows me to provide clients with expert advice regarding renovating, new builds, multi-unit developments and projects. I am able to offer valuable insights into what buyers are looking for in the current market, which allows clients to tailor their projects accordingly to maximise returns.”
Mr Ding has noticed a shift in Chinese buyer demographics over the last few months as the rate of overseas buyers declines due to the increasing level of difficulty in moving their money out of China.
The market today mainly consists of well-established locals scaling up or down and recent immigrants who have received permanent residence status and are ready to purchase their first home or multiple investment properties.