Sunshine Coast Real Estate

The Sunshine Coast is undisputedly the fastest growing region in Australia and the local property market has seen tremendous capital growth over the last decade. While the 'Sunny Coast' has more than its fair share of gorgeous beaches and a laid back lifestyle it also has the full suite of modern amenities and infrastructure you'd expect from a decent city; so to many in the southern states (and even in Brisbane) it's the perfect place for a sea change. Sunshine Coast real estate is by no means cheap, especially if you want an ocean view, but there are plenty of new developments on the horizon at reasonable prices, still within ten minutes drive from the beach.

While most commentators are adamant that Southeast Queensland property prices are now in a state of steady growth (of around 1-1.5%) the median house price in the Noosa local government area (which covers the northern half of the Sunshine Coast) actually fell 4.6% to $418,000 in the year 2005, according to figures released by the Real Estate Institute of Queensland (REIQ) in March 2006 and published in the Sunday Mail. This leaves Noosa as the only Queensland local government area surveyed which actually experienced a decline in 2005, while, on the other hand, Maroochy prices rose.

What this means for people looking at buying or selling depends entirely on your point of you and personal beliefs. The fact that there has been a drop in prices could mean that the market was too expensive and houses are priced more reasonably - which is good news if you want to buy a family home and live in it for a number of years. On the other hand if you're looking at investing in Sunshine Coast real estate for shorter term gains, a drop in prices is hardly the news you want to hear (although the continued population growth trend of around 3%, and hence possible greater demand for housing, may well off-set that price decline).

If you're thinking of buying or selling Sunshine Coast real estate consult a professional financial advisor before you make a decision, and make sure you read up on what the local market is doing. The Brisbane Australia.com website provides a regularly updated digest of real estate news articles on the southeast Queensland property market and the REIQ website has a wealth of information on buying, selling, renting and investing. The following articles, compiled by RE/MAX Noosa also provide a unique insight into the various Sunshine Coast suburbs, but be aware that they're written by real estate agents, so they aren't going to tell you now is not the time to buy! (Thanks to RE/MAX for supplying them all the same).

Sunshine Coast Real Estate

Sunshine Coast real estate suburb profiles

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