IT doesn’t matter where you are on the Sunshine Coast today there is a buzz of excitement with what 2016 is going to deliver to us in the area of property.
It has been a long time since we felt a surge of November and December buyer interests like we did at the end of 2015. The phones were ringing, the email enquiry was up, visitors to open homes increased and auction crowd attendances were better than ever.
So why is it our turn now, as the Southern markets are beginning to tail off? The answer is of course “this is the traditional trend”, history shows it is what always happens.
Since 2012 many parts of New South Wales and Victoria; Sydney and Melbourne in particular; saw huge gains in real estate values. Many, many people made lots of money from property. But alas, the tide has turned in those areas with prices now beginning to slide off. Despite this, the prospect of making money from real estate is now in their DNA.These buyers are now looking elsewhere to see where they can invest their property dollars, with the South East corner of QLD being the next logical step.
Brisbane had a great 2015 with rising property prices and new developments bringing life to the city. The Gold Coast is on their investment path to the 2018 Commonwealth Games with their oversupply of stock starting to evaporate. For us lucky few who enjoy the Sunshine Coast lifestyle our turn is here. We attract a different type of buyer, the more stable buyer, the more cautious investor and in our opinion the more thoughtful developer. So now is your chance to enjoy the ride,