Now is a great time to buy an investment property, according to the newest statistics from the REIQ. The Sunshine Coast’s vacancy rate for June 2018 was recorded at 2%, putting our rental market in the tightest category. But this is good news if you’re looking for a tenant to fill your new investment, with strong demand from renters eager to enjoy our region’s relaxed lifestyle.
Source: REIQ Queensland Vacancy Rates
Although vacancy pressure has eased since the last quarter, the Sunshine Coast’s market represents a great opportunity for investing with great returns. We have a large selection of properties available, whether you’re an entry-level investor, looking for a fixer-upper or want to add to your existing portfolio.
Here are a few affordable options that are sure to impress!
The low price tag of 26/32 River Esplanade in Mooloolaba is already attracting investors at only $199,000! With one bedroom, one bathroom, quality kitchen, light filled open plan living, north facing balcony overlooking the tropical pool and an excellent beachside location, you simply can’t go wrong!
If low Body Corporate fees are music to your ears, then 193/19 Arwen Street in Maroochydore is for you! This spacious 2 bedroom features ducted air conditioning, a well equipped kitchen, courtyard and just a short stroll to the idyllic Maroochy River. Your tenants will also love that pets are accepted upon application… and better still, it’s on the market for only $340,000.
For just a little more cash you could have ocean views to die for at 9/939 David Low Way in Marcoola. Complete with two generous bedrooms, two bathrooms, spa, open plan living, modern kitchen, separate laundry, private balcony, and single car accommodation, this apartment has so much to offer. This stunner is on the market for offers over $375,000.
Next in the line-up is 33 Hocking Street in Nambour. This elegant post-war home has been well looked after and sits on a spacious double block. With three large bedrooms, two bathrooms, office, contemporary kitchen and a large backyard, this gem will appeal to all tenants, especially families. The owners are asking for offers over $425,000, so be quick!
To make the investment process even easier, we have a dedicated Property Management division to look after all your leasing requirements once you’ve found the perfect investment.
Contact us today for more information.