It doesn’t matter where you are on the Sunshine Coast today there is a buzz or excitement about what the next few years is going to deliver us in the area of property.
It has been a long time since we have felt a surge of buyer interest from both local and interstate investors. In fact we would have to look as far back as the 2006 – 2007 period. The phones are ringing, email enquiry is up, visitors to open homes solid, auction success rates strong, weekly rents on the rise and more importantly occupancy rates at 99%.
So why is it our turn? Simply put the southern interstate markets are starting to cool off and the traditional trend of buyers/investors heading north is starting to show.
Since 2012 through to 2017 most parts of NSW and Victoria, Sydney and Melbourne in particular saw huge gains in real estate values. Many people make a lot of money from property. But alas the tide has now turned with prices beginning to tail off.
But the prospects of making money from property is now in their DNA.