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Investing in property on the Sunshine Coast has often been more of a 'lifestyle investment' for most. However, we are seeing strong returns in this market and investment property on the Sunshine Coast will experience strong growth in the long term. The population is exploding, and will continue to do so especially when considering the 'baby boomers' are drawn to coastal areas, placing pressure on housing and making this a great opportunity.
The Reserve Bank has recently flagged the problem and was reported in the press as saying that house prices are ready to explode as demand exceeds supply. That shortage is even more pronounced on the Sunshine Coast where there is a huge push by the State Government to increase the population density. Investment property on the Sunshine Coast will continue to strengthen with an aging population migrating to coastal areas for retirement. These population pressures will see the current stock absorbed quickly and a deficit of stock creating pressure on housing and pushing prices and rents upward's.
BIS Shrapnel's Residential Property Prospects report, based on data from the Real Estate Institute, released in June 2009 predicts that an investment property on the Sunshine Coast will grow in value by 14 per cent to 2011. This growth in our opinion has already commenced with investment property on the Sunshine Coast fuelled by property undersupply and strong population growth. Investment properties on the Sunshine Coast are currently well valued when taking these factors into consideration. For those considering retirement or a lifestyle option, purchasing an investment property on the Sunshine Coast now will reap great rewards.
Which Property are experts when it comes to property investment on the Sunshine Coast. We have a range of properties currently available in beachfront locations. If you would like to discuss current opportunities please contact us today.back to top