Sunshine Coast property market experiences good growth

March 23, 2018 by  

In Southeast Queensland, the seachange lifestyle is said to be a major factor in creating the increasing demand for property.

According to data from the Real Estate Institute of Queensland, the property market of the Sunshine Coast has outperformed that of Brisbane.

Due to an undersupply of housing in the boutique coastal community, Noosa, which is one of the most sought-after beachside destinations in the Sunshine Coast, has enjoyed a significant growth of $650,000, which is equivalent to around 6.7%. On the other hand, the property market in Brisbane merely improved by 2.7% throughout the entire 2017, although it enjoyed a total median price growth of $665,000.

However, the apartment market in most areas did not perform well for the majority of 2017, apart from the Gold Coast, which enjoyed a year of strong market performance for both landed houses and apartment units.

Savvy investors who are interested in purchasing property in the thriving housing market of the Sunshine Coast are encouraged to contact real estate agents for a chat. By registering their interest in specific suburbs or price ranges, clients will be provided alerts by real estate agents on new properties on the market, tailored specifically towards the needs of individual clients. Contact details of real estate agents can be obtained via real estate websites, business cards, or from family and friends.