sunshine coast PROPERTY MARKET REPORT
MRD was developed to educate, empower and assist property investors throughout their investment journey.
To do so, we’re committed to offering the latest Sunshine Coast market research so you can learn, grow and build sustainable wealth primarily through property.
Our reports are backed by almost 15 years of property research experience.
The information in these reports is sourced from a range of published and respected data sources to create a holistic overview of the region’s property market.
In other words, we've done the legwork so you don’t have to.
Our Sunshine Coast Market Report addresses all aspects that are pertinent if you are considering acquiring residential property in the region to expand your investment portfolio. It puts all elements of the Sunshine Coast in context for you, with a focus on:
- The Property Cycle
- Vacancy Rate
- Median Rents
- Rental Prices
- Rental Yield
- Median House Price
- Supply Indicators
- New Stock Coming to Market
- Industry sector of employment
- Employment Status
- The Future: The property and commodity market
The Sunshine Coast is making its ascendancy in the current property cycle, with further growth expected due to an undersupply of residential stock. Although there were more approved dwellings entering the market last year, there is an increasing shortage of land supply.
Additionally, operational works approvals and developments have reduced, with 1000 uncompleted residential lots in the pipeline, and very little council stock remains. It is likely that the limited supply of existing approved dwellings will limit the lots available for construction and subsequently limit the completed developments that could populate the market with more stock. Therefore, in the short to medium term, the insufficient stock on the market is likely to cause property prices to surge.
Dwelling approvals aside, there are other factors that strongly influence the Sunshine Coast’s population including unpredictable weather, sporadic tourist visitations and interstate migration.
The Sunshine Coast tourism industry enjoyed a record-high year in 2014 according to the latest National Visitor Survey, with a 10.9% increase in domestic visitors in the 12 months to September 2014.
Although the current unemployment rate in the Sunshine Coast region is relatively high, improved community medical service, advanced transportation and tourist attractions will boost the economy and employment. A total 14% increase in capital growth is expected over the three-year period as a result of these projects and the strong intrastate and interstate migration. Find out more >
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