Positive Results All Round!

This week I have been reappointed by the REIQ as Sunshine Coast Zone Chair for 2016-2017; a role I have really relished and I look forward to the next few years. The REIQ also released its quarterly Queensland Market Monitor Report and the figures reported are extremely positive across the region.

A 5% rise in sales activity was recorded in the quarter and there were 921 house sales and 164 acreage properties sold. Buderim had the highest number of house sales with 101 properties, followed by 39 in Nambour. The median house sale price has increased to $492,500. There were 532 unit sales during the same quarter.

Overall, the signs for 2016 are very encouraging; we anticipate another active year, particularly on the back of some of the major infrastructure projects currently taking place and planned for the area. Housing affordability issues in capital cities will also attract buyers/investors to this area, especially as people can be more mobile these days with flexible workplaces enabling an increasing number of people to work remotely from home. Our enviable lifestyle and weather also attracts new residents, particularly from southern states.

Well, school has officially finished for the year in Queensland and the holidays are in full swing; if you haven’t done your Christmas shopping yet, you will no doubt be heading to the shops any day now, so stay calm and smile! When not shopping there are heaps of activities across the Coast to partake in, whether keeping cool in the air-conditioned comfort of the cinemas, swimming or surfing at one of our many beautiful beaches (if swimming, swim between the flags), bush-walking along one of the Blackall Range’s Great Walks, climbing Mount Coolum, attending a Christmas Carols event…or just chilling with your family; there is so much to do, whatever you choose – enjoy!