Wealthy Chinese and other Asian property buyers are eyeing Queensland real estate, reports MSN (20 October 2020). However, the Sunshine State, stretching from the Gold Coast to tropical areas beyond Cairns in the far north, still lags behind Victoria and New South Wales when it comes to foreign acquisitions of residential property. Juwai IQI, a Chinese property website, is expecting foreign demand for Queensland property to increase because the state is less crowded. The group's executive chairman Georg Chmiel said: "It is plausible that Queensland will see an increase in international buyer market share due to its affordability, lower congestion, and good handling of the coronavirus." Home to one-fifth of Australia's 25.6million residents, Queensland has so far registered only 4.2 per cent of Australia's 27,399 COVID-19 cases.