Chinese investors and immigrants purchased more than $8 billion in Australian residential property in the space of 12 months, with growing demand forecast to pump another $60 billion into the market over the next six years.

A Credit Suisse analysis released on Thursday shows Chinese purchased $8.7 billion in 2013-14, up 60 per cent in the previous 12 months.

The Chinese money pumped into Australian housing was the equivalent of 15 per cent of national housing supply, according to the report by analyst Hasan Tevfik.

"We expect $60 billion of additional Chinese demand for Aussie housing over the next six years to 2020. This will be more than double the $28 billion over the past six years," the report said.