Sunshine Coast and hinterland real estate is one of Australia’s hottest housing markets. Median house prices are now more than $1 million. This is more than 50 per cent higher than the average in the country’s Richmond Valley, which includes Byron Bay. The price rise is particularly noticeable in the Yarra Valley, where prices have more than doubled over the past two years. While property prices on the Sunshine Coast are currently at record highs, the region is still a bargain for buyers.
There are many reasons why house prices have risen in the Noosa region. A shortage of housing, low employment and a lack of social housing are all contributing to the local housing crisis. In the Noosa region, a housing crisis has exacerbated as a result of labour shortages, a lack of social housing and delays in development. Adding to the stress is a growing number of vacant homes, including luxury villas and bed and breakfasts.
The Sunshine Coast is set to grow by more than 60,000 people in the next 20 years, which could create an extra city the size of Noosa or Aura. With a population of 520,000, this could be the equivalent of more than half the city’s current number of residents. A new hospital, a medical and teaching facility, has already been approved for the fast-growing Maroochydore CBD. The region also boasts the shortest days spent on site in Regional Queensland. In fact, the median is only 53 days.
Rents have soared by over $200 a week in parts of Queensland. While this increase is not exclusive to the Sunshine and Gold coasts, the most significant rent increases have occurred in the coastal regions. Rents in the Gladstone and Emu Park regions jumped by 25.2% and $100 a week, respectively. It is clear that prices are continuing to rise in the Sunshine Coast and Hinterland. If you want to get in on the action, consider buying a property in one of these areas.
A great way to get started in Sunshine Coast real estate is to visit one of the local open homes and check out the listings. This will give you a better idea of how the area’s housing market is progressing. In addition to touring the area, you can also listen to local radio shows on real estate. Hot 91’s Radio Real Estate on Saturday mornings from 9am-10am features real estate experts discussing the regional and national real estate market.
The Maroochy Rivers estate is located on the northern arm of the Maroochy River, which is renowned for its pristine water quality and exotic black swans. Maroochy Rivers offers stunning bushland and panoramic views of Mt Ninderry. Aside from that, it’s also known for its premium Sunshine Coast Hinterland real estate. So whether you’re looking for a place to call home, the Maroochy Rivers estate is the place for you.
The Sunshine Coast and Hinterland real estate market has many advantages for potential buyers. This region is less than 90 minutes from Brisbane, making it the perfect holiday destination. Mountain Creek, a quiet town between the Mooloolah River and Buderim, is an excellent investment choice with easy access to modern amenities. It’s in the Mountain Creek school catchment and is within 10 km of Mooloolaba and Kawana Waters.
The Sunshine Coast is Australia’s fastest-growing region. Its property market has experienced great capital growth in the last decade. Its natural beauty and laid-back lifestyle makes it an ideal place to retire or raise a family. With its great weather, picturesque beaches, and beautiful hinterland, this place is ideal for a sea change! But be warned: prices are still high. It’s worth hiring a professional financial advisor for advice.
Noosa is another popular location on the Sunshine Coast. This town offers two of the best beaches in the world. Absolute beachfront property is hard to find and is highly valuable. The Sunshine Coast’s hinterland is a more affordable alternative for those looking to live by the beach. However, if you want to live in a thriving community, you should consider investing in real estate on the Sunshine Coast and Hinterland.
The post Breaking News Today About Sunshine Coast and Hinterland Real Estate appeared first on Sunshine Coast Local.
source https://www.sunshinecoastlocal.com.au/breaking-news-today-about-sunshine-coast-and-hinterland-real-estate/
No comments:
Post a Comment