Queensland’s top performing property market
Future bright in paradise by the sea as Coast market hits its stride
RAINFOREST-clad mountains flowing down to crystal clear blue rivers, bordered by white sand beaches and the ever-changing Pacific Ocean, the Sunshine Coast offers a natural location like no other.
In one corner a fast running waterfall swishes into a round, cool swimming hole.
In another a boardwalk runs through bushland where the gums have grown as tall as buildings and as round as cars.
Mangroves play hidey-hole for mud crabs and mullet run in their winter schools as waves curl for the surfers in the ever-warm sea.
Dotted across the landscape are dozens of heritage hinterland villages, three cities by the sea, quiet beachside towns and leafy hill-top suburbs.
And it’s not just a pretty place, as REIQ chair Amber Werchon says the future looks bright for those choosing to invest in the Coast.
“I commenced my real estate career in 2000, on the cusp of the new millennium, and over these past 17 years have witnessed some significant changes to the property landscape across the region, as well as changes in the market cycles,” Ms Werchon said.
“I have been fortunate to have worked through some very buoyant years during this time, with the Global Financial Crisis being the most challenging period; but all in all, the health of the Sunshine Coast property market has been glowing.”
“With the massive public and private infrastructure investment being undertaken across the region, the Sunshine Coast is currently booming; and last year was Queensland’s best performing market.
“There is a lot of confidence in this region, which is driving huge levels of investment; this is then creating employment opportunities, which in turn creates increased demand for housing. If you look at the pipeline for the next decade, and even beyond; the Sunshine Coast should continue to perform strongly.
“It’s an exciting time to live and invest here.”
Perhaps one of the best indicators of the health of the market is recent sale of 1 Kate St, Alexandra Headland.
The iconic three bedroom, three bathroom home played witness to a 140 people auction in July with the price moving quickly from $2 million to a record $3 million.
Like so many on the Coast the buyers have made the short migration north from Brisbane and are looking forward to settling into their own paradise by the sea.