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:
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.
271 Mooloolaba Road, Buderim Sold by Jason Mills for $645,000 on 15 February 2021 It was another case of excellent presentation making all the difference when it came to the final sale price of this lovely family home at 271 Mooloolaba Road, Buderim. Located just a short five-minute … Read more
This article was written by the team at EBM RentCover and was originally published here. EBM RentCover is one of Australia’s leading landlord insurance providers, protecting more than 160,000 rental properties across Australia. What is the difference between ‘wear and tear’ and ‘damage’? It’s a conundrum faced by many landlords, agents and … Read more