The property market is always in the news in some form or other, despite whatever else is happening locally, nationally and globally; and there has been a plethora of articles published about the south-east Queensland market recently, and the Sunshine Coast is getting mentioned with great positivity by many market commentators, being ear-marked as one of the star performers!
It is pleasing news for investors, home owners and potential buyers, as the future bodes well, with many sectors of our market outperforming Brisbane. Take unit sales for example, Brisbane’s unit market is struggling due to a current oversupply problem; however, investors and developers in the Sunshine Coast unit market are surging ahead with projects and sales, extremely confident of long-term viability due to the anticipated population growth as well as the key infrastructure projects currently underway or on the horizon.
The most recently published REIQ statistics show that the three top performing suburbs for units are Caloundra West, Birtinya, and Alexandra Headland, with the latter recording an annual median sales price growth of 10%. Good news indeed.. the future is certainly looking very bright for the Sunshine Coast!
This week we would also like to welcome another Agent to the AWP team, Steve Irvine, who joins us after a successful sales career in the surfing industry and 13 years as a school teacher. Steve is a well-known local in the Marcoola/North Shore area where he is often seen catching a wave or two! Steve is a dedicated family man with outstanding ethics and a passion for his community and we’re excited to have him join our team. Welcome Steve!