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Commercial sales show confidence in Sunshine Coast future

Dec 05, 2018 Ann Lindner Comments ((Disabled))

Queensland Department of Transport has purchased the sites of Warana Markets and neighboring property Point Cartwright Seafood for $11 million.
The 6500m2 (approx) parcel was purchased as part of the Coast Connect Early Acquisition Policy.
The current leases will be honoured with no work taking place for at least seven years.
A great capital gain for the Sellers of the market site, which was was owned by a mother and son team that paid $5.5 million 12 years ago.

Bli Bli Glamping Caravan Park- Riverside Resort was sold for $23.25 million.
It was purchased by an ASX listed company Ingenia Communities Group.
The owners - the McGovern family had spent $10 million on the land and development starting in 2016 and have since won a swag of awards . The Park is running at the highest occupancy of any caravan park in Australia. The business is growing at 15-20 percent each month.
If this rate continues the family look to pocket a further $4.5 million in a years time. Congratulations!

Coolum Beach has long been the favourite with holiday makers and now is going to be 'development darling' following 3 sales of land sites to the value of $10 million.
Mosaic has paid $6 million for a beach front site spanning 5 lots with a total area of 2876m2.
Sunshine Coast based HMR Projects has paid $2 million for a 809m2 site at 15-17 Beach Road.
And another Coast developer has snapped up 4&6 Sunrise Avenue plus 34 Elizabeth for $2.1 million. The three blocks combined total 1818m2.
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Property Hot Spots - 10 top performers over the past 12 months

Aug 28, 2018 Ann Lindner Comments ((Disabled))

Suburb Median Price Capital Growth past 12 mths
Minyama $1.31m 45.8%
Kenilworth $399,000 40.0%
Yandina Creek $820,000 32.3%
Beerwah (unit) $375,000 25.0%
Mount Coolum $676,200 23.2%
Mapleton $543,250 21.3%
Mudjimba $739,500 20.7%
Peregian Springs (unit) $475,200 18.8%
Battery Hill $579,500 18.4%
Montville $707,500 17.9%
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Where would we invest our money?

Aug 13, 2018 Ann Lindner Comments ((Disabled))

On the Sunshine Coast at present we have a number of ‘mini markets’ where suburbs or even a few blocks are experiencing increased capital growth.

Birtinya was recently in the spotlight, what was once swampland is now the Jewel in the Crown.The two new hospitals recently completed in the area and associated health hub surrounding them has created boom in building, employment and capital growth.

Local agents report units have increased in value a whopping 24% in the last three months.

Median House Price $662,500, Unit $595,000 as at April 2018.

High end properties are now being sort out for doctors and specialists drawn to the lifestyle and cutting edge medical facilities.

Stockland is now midway through leasing the Birtinya Shopping Centre, featuring Coles, two mini- majors and 30 specialty shops.This is stage one of the overall 18ha Master Plan.

Nearby in the Bokarina Beach development 125 residential lots have sold and major earthworks completed on the 30ha site.A $19 million upgrade of Nicklin Way and Lake Kawana Boulevard will link the areas via two bridges and a dedicated pedestrian and cyclist path underneath.

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Queensland Capital growth will lead the country.

Aug 13, 2018 Ann Lindner Comments ((Disabled))

In a recent survey of hundreds of property professionals conducted by NAB, the industry expects house prices in Qld to increase by 0.7% in the next year, and a further rise of 1.3% in the two years.

Areas tipped for above average growth include the Sunshine Coast.

The outlook for rents is also positive and likely placing upward pressure on yields, with predictions of rental growth at 1.3% in the next 12 months and 1.9% in two years.

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Sunshine Coast Property Hot Spots 2018

May 30, 2018 Ann Lindner Comments ((Disabled))

A number of Hot Spots growing (population) at a rapid pace over the past year were highlighted in new figures released by ABS.

Fastest Growth Suburbs
Peregian Springs 10.3%
Caloundra West 6.2%
Mountain Creek 6.6%
Bli Bli 5.5%
Golden Beach – Pelican Waters 3.9%
Birtinya 3.9%
Beerwah 3.2%
Coolum Beach 2.9%

Largest Growth Suburbs
Caloundra West 1299 (persons)
Peregian Springs 787
Mountain Creek 775
Golden Beach – Pelican Waters 480
Bli Bli 467
Coolum Beach 444
Noosa Hinterland 403
Buderim South 31


 

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Family Friendly Suburbs

Feb 08, 2018 Ann Lindner Comments ((Disabled))

The Coasts most family friendly suburbs indicate the popular areas are set back from the beach.

Mountain Creek, Peregian Springs, Mooloolah Valley, Kuluin and Median Plains were ranked in the top five according to Core Logic and the 2016 census.
These areas all had children living in 50% or more of family households.
Not surprisingly the attributes of these areas were; close to schools and shops, large allotment sizes where kids can play/congregate in the cul-de-sacs and the safety factor.

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Sunshine Coast Population

Mar 10, 2016 Ann Lindner Comments ((Disabled))

"The Sunshine Coast is now certainly based in the Top 10 cities in Australia, in terms of population at 300,000 people, and that will double over the next 30 years". Bernard Salt

 

 

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