Chinese buyer intent on property along the Gold Coast jumped 161% in Q1 2015 – soaring as much as 1,120% over the same period last year, reports (28 July 2015). According to Juwai data, the Chinese Yuan has shown a 25% increase in buying power over the Australian dollar, a key-driving factor in burgeoning Chinese interest in Australian property, which has spread beyond Sydney and Melbourne. According to Simon Henry, co-CEO of, “Queensland cities have not been the most popular with Chinese buyers over the past five years, but they are growing quickly. The Gold Coast is doing particularly well this year, especially as buyer interest temporarily reached a low point in 2014.”