Breaking News Today About Sunshine Coast Property
Cairns April 11, 2022, Comments Off
If you are looking for a Sunshine Coast property, you have come to the right place. We have extensive experience in residential real estate, project marketing, research and consultancy. Whether you are looking for a single unit or an entire complex, we can assist you in all aspects of your Sunshine Coast property search. If you are thinking of investing in a Sunshine Coast property, we recommend you use the services of our expert real estate consultants. You will get a comprehensive market analysis and a wealth of information about the local market.
The Sunshine Coast property market has reset thanks to internal and external influences. While it is no longer the outlier it was a few years back, the region has become a part of the national conversation and statistics. The latest Regional Market Update from CoreLogic revealed a 32.3% annual growth in house values on the Sunshine Coast in 2017. This rate is impressive, but it is not surprising considering the state of the economy. So if you are planning to invest in Sunshine Coast property, make sure to use the latest research.
According to Hotspotting, an Australian real estate research company, the Sunshine Coast is Australia’s fastest growing real estate market. This growth has created a huge demand for Sunshine Coast property. The area could soon become the most expensive place to live in the state. For those who are considering investing in property on the Sunshine Coast, now may be the perfect time to get started. Our guide includes useful tips to find the perfect Sunshine Coast property. You can even compare prices on different properties and decide which one is right for you.
If you are thinking about buying property in the Sunshine Coast, it’s important to know that the population on the Sunshine Coast is expected to double by 2041, making it an excellent investment opportunity. This is because the population of the Sunshine Coast is growing rapidly – the last six months of 2018 saw a net inflow of 16,798 people. The influx of people has also increased due to COVID-19, which has given many people the impetus to move to the region for a better lifestyle.
The Sunshine Coast property market is outpacing both Brisbane and the Gold Coast in price growth, and house prices rose by a significant 23.1% in just a year. This raise in prices is creating concerns about affordability, but the reasons for the increases are multiple. Low interest rates, low COVID-19 cases and sea-change trend all contribute to the high prices. The median house price on the Sunshine Coast hit $825,000 in the June quarter.
While prices in the capital cities are still high, young families are increasingly turning to the Sunshine Coast. The region’s great beaches, good school districts and sense of community appeal to young families. A large percentage of the population grew during the past three years, which is above the national average. Despite the high cost of living, the Sunshine Coast property market has experienced a strong growth rate over the past decade. You won’t regret investing in a Sunshine Coast property.