Posted by Steve Douglas
The Queensland city of Gold Coast recorded a 64 per cent increase in the number of foreign visitors passing through Coolangatta airport last year, which could have a positive impact on the number of people investing in Australian property.
Passengers landing at the Gold Coast airport surged in 2009 from 432,301 visitors in the year ending April 2009 to 720,214 in April this year, according to the city's tourism website.
Numbers are reportedly expected to rise further in the coming months, with a recent survey by the Visa and Pacific Asia Travel Association suggesting that the Gold Coast's largest emerging market, China, is poised for a boom period.
The website said: "Gold Coast Tourism is marketing the city as a 'duo destination' with Sydney so that first-time travellers can 'tick the box' of seeing famous landmarks like the Opera House and Sydney Harbour Bridge before heading to the Gold Coast for fun in the sun."
Meanwhile, the nearby city of Brisbane was reported by the Brisbane Times to be giving those thinking of investing in Australian property honest information about the 'worst' residential areas for air traffic noise.