There has been plenty of media attention focused on the growth of the Sunshine Coast Property Market, with most of the headlines relating to a surge in interstate migration and those from down south heading north, so we decided to find out who is actually doing the ‘buying’ on the Sunshine Coast.
We have reviewed our last 100 completed contracts within the last 90 days and identified exactly where the buyers are coming from.
Here are the results:
- 86% of Purchasers are based in Queensland,
- 55% of Purchasers are Local to the Sunshine Coast,
- 14% are from other States and Territories
What we are seeing ‘on the ground’ through our open homes and auctions is that there is significant local demand which is really driving our market at this stage.
Locals are using this upswing in market prices to trade out of an existing home and step into a new address or suburb that better suits their future lifestyle.
The urgency is being driven by the expectation and belief that when borders open demand will only increase which will push prices up even further.
