Sunshine Coast real estate in demand
Sunshine Coast has emerged as a major hotspot in the real estate market in the recent times. In the last 12 months, fourteen suburbs in the region have experienced capital gains of 10% or higher.
Suburbs of Sunshine Coast are growing at a much faster rate compared to any other region in Australia. Some of the major game changers in the area are, the infrastructure spending which is creating new industry; Sunshine Coast University and $2 billion University Hospital.
These are creating employment opportunities and attracting people. People are looking for a change in lifestyle and Sunshine Coast promises that at affordable rates.
It has become a hub for the Gen Ys as the older generation is selling their property and moving on. This region is attracting first home buyers, families, professionals, and all those looking for a quality lifestyle. The coastal surroundings with hinterland and facilities such as shopping centres, universities, and medical facilities make it an attractive residential option.
The popular price range of properties in this region is $800,000 and $1million and $500,000 and $700,000.
Even the rental rates in Sunshine Coast are experiencing an all-time high.
Some of the most popular suburbs for properties in Sunshine Coast are:
Caloundra is a suburb that promises an enjoyable coastal lifestyle to its residents. This area has recorded its lowest vacancy rate of 0.6%. It is a much sought-after area for a property because of its proximity to Shelley, Moffat, and Dicky beach areas. This area has developed with beautiful restaurants, bars, and cafes opening here. It is drawing property investors away from Brisbane here because of its location. The high demand in this area has given property managers and landlords ample choice of tenants.
It is a suburb located in the Caloundra region. It is an ideal spot for boating, swimming or surfing. Due to its proximity to Caloundra, Golden Beach has become a hotspot for investors and property buyers. Individuals and families also rent properties here. It also has the real estate prices rising because of the overall boom in Sunshine Coast.
Aura is located on the southwest of Caloundra. It is a well-planned city that is inspired in design by some of the best cities in the world. It is a suburb that promises its residents the best of a coastal lifestyle coupled with an organised city life. It has shopping centres, restaurants, medical facilities, and parklands. It has well-designed houses. The rentals in this area are skyrocketing. There is also a great demand for purchase of properties here.
Peregian Springs is well-known for its planned community living. It has the best of academic facilities, modern shopping centres, healthcare facilities, and sophisticated architecture. The area is in the midst of unspoiled beaches, national parks, picturesque landscapes making living there an awesome experience. No wonder property prices in the region are experiencing such highs.
Buddina is a high demand market when it comes to real estate. The reasons for this are its location. It has a seaway entry on one side and the Pacific Ocean on the other side. It also boasts of the second largest shopping complex on Sunshine Coast, Kawana World. This suburb is well connected with public transport.
If you visit this place, you will realise why it is so popular among property buyers. Bordering the picturesque Noosa River and Gympie Terrace, there are numerous shops, boutiques, restaurants, cafes. Noosaville has a number of residential and commercial real estate constructions going on. This is for fulfilling the growing demand for property in the region. People prefer to live in this suburb as it gives them a feeling of being on vacation. Noosaville includes Noosa Waters, Noosa Bushlands, Noosa Forest, and Doonella Noosa.
Although not exhaustive this is a list of some hotspot suburbs in Sunshine Coast. If anyone owns a property in this region this is the best time to sell it. With such a great demand for properties, you can definitely enhance your revenue. There are different ways in which you can sell your property. There are real estate agents who can help you with the sales. Taking professional help for selling properties makes the process streamlined for you.
Author Bio: Robert James Realty is a leading real estate agency in Sunshine Coast. For selling a property in this region you can rely on our experienced executives.