It’s great to see the Sunshine Coast property market growing well and truly this year with a rise in both unit and housing markets, leading the way in Queensland and a top performer across Australia.
After being stagnant for many years we are now experiencing constant and robust growth without rising too fast, compared to our southern counterparts who have seen their property values double in the past five years, and now slowing. We are seeing more interstate buyers once again as they are selling up to move to paradise.
Our unit market is showing great value especially in older apartments constructed before 2005 where the developers built large units with excellent facilities. You just have to look at the square metre rate of some of these properties to appreciate their real value.
We have a few apartments for sale at the moment that fit into this category.
Penthouse Apt 409 Deepwater, Minyama – a 328sqm penthouse with rooftop – on the market for $2,621 per metre.
Apt 6 Leeward, Kawana Island – a spacious 183 sqm 3-bedroom apartment – on the market for just under $3,500 per metre.
Properties like these have been selling mainly to owner-occupiers who are downsizing without compromising their lifestyle, living on the waterfront with a lovely outlook and situated close to everything.