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... Read More
Dec 10, 2015 Ann Lindner Comments ((Disabled))
New figures revealed the Sunshine Coast small block and apartment prices are the fastest growing in the state. Increasing 2.1% in the first half of this year, with a median price of $368,000. On the ground we are seeing this also, our analysis is 1. Affordability - superior properties under $450,000 are becoming very scarce whether houses or units. 2. Lifestyle – people don’t want the responsibility of large home ownership mowing, cleaning and maintenance. Rather, they purchase close to the beach in a smaller property and enjoy their downtime. 3. The Increase of investors into the local market has fueled the high density complexes around the hospital and university sites. Having onsite management and guaranteed rental returns certainly takes the headache out of investment properties. ..Read More