Market Update

According to the latest South East Queensland Market Outlook Report by property analyst Michael Matusik, the Sunshine Coast is one of south-east Queensland’s best performers for property growth, with a 14% increase in residential sales volumes over 12 months. Other key indicators also support this positivity, see below: Average Time on Market Days:                   50% decrease

Highly regarded Demographer Bernard Salt, has released an extensive report publishing growth projections for the Sunshine Coast up to 2040, titled “The Activated City: Imagining the Sunshine Coast in 2040”. In the report, he covers growth trajectory in population (breaking in down into age brackets), and industry sectors; whilst business will drive growth, increased population

Last week the Real Estate Institute of Queensland (REIQ) CEO Antonia Mercorella reported that confidence in the local market remains positive and that experts are listing the Sunshine Coast as the Queensland region with the largest potential in 2017. This is attributed partly to the massive infrastructure works being undertaken in the region including: the

Last Tuesday I attended a Domain breakfast at Mooloolaba Surf Club, Chief Economist for Fairfax Dr Andrew Wilson presented; he spoke about trends in the capital cities and he also gave a forecast of the Sunshine Coast Housing Market outlook for 2016-17. In summary, he forecasts continued solid growth; this is clearly very positive news,

Last week the REIQ (Real Estate Institute of Queensland) released their quarterly market report, which covers the June 2016 quarter; and the Sunshine Coast residential market continued to perform strongly throughout the traditionally slower months, boding very positively for the spring and summer quarters ahead. In the June quarter, the Sunshine Coast median house market