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Challenges in investing in real estate in Sunshine Coast, Australia

August 15, 2017 Etta 0

In the first quarter of the current year, nearly 1500 properties were sold in Queensland, Australia for value more than Australian $ 1 million. In Brisbane, about 200 properties were sold for more than Australian $ 2 million and about 17 properties for Australian $ 5 million. All these emphasize the gold rush for homes for sale Sunshine Coast wide. Interestingly, Sunshine Coast has witnessed a considerable increase in the demand for condominiums rather than apartments.

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An increase in rental:

On the other hand, apart from homes for sale Sunshine Coast market has today, there has been a considerable increase in the median rental for properties. The median rental has increased from Australian $ 1250 to $ 1310 during the last quarter of the current year. Over the years, the overall price of the real estate in Sunshine Coast has registered an increase of about 20%. This trend has been noted in the suburbs of regional cities.

The highest increase in price:

The price of homes for sale Sunshine Coast wide has registered an increase of about 49% which is considered to be the highest in Australia. The spiraling of prices of real estate are attributed to the growth in the economic activities in and around the Sunshine Coast. Apart from the development in tourism, several important industrial units have also been established in the sunshine coast. With the development of infrastructure now, many people from Australia and also from overseas have started relocating to Sunshine Coast resulting in a considerable increase in the demand for homes.

Real estate in Noosa Heads:

Noosa, popularly called as Noosa Heads is one of the cities in Sunshine Coast and it is also very popular on the tourist map of Australia. Several industries and leading business establishments have been established in the Noosa Heads. As a result several people have started to relocate to Noosa either for improving their business prospects or in search of better employment opportunities. Naturally, this has caused a considerable increase in the demand for real estate.

Real estate on auction:

During the last few years, Noosa Heads has witnessed about 30% increase in the demand for both residential and commercial property Noosa wide. In addition to this, many of the properties are also put up for auction every now and then. The real estate firms expect a clearance rate of about 87% in any auction real estate Noosa firms conduct.  In fact, this also has received positive response from prospective bidders/buyers.

Demand for houses:

In regard to residential plots or house sales Noosa wide, the supply is considerably lower as compared to the increasing demand. As in other parts of Sunshine coast, suburbs of Noosa Heads have witnessed a substantial increase in the demand for residential plots.

Bullish real estate market:

All these trends suggest that Sunshine coast will remain a popular destination for investors in real estate. Development of tourism, enhanced commercial activities and heightened lifestyle are all the factors that have contributed to the bullish real estate market in Sunshine Coast.

Reputed real estate firms:

Given this market trend, buying a residential or commercial property in Sunshine Coast can be a challenging task. In order to ensure safety in investment and reasonable quote, you should avail the services of reputed real estate firms like the https://rwnoosa.com.au/. Such firms will ensure that you get real estate property which is valued reasonably higher than what you have paid for.

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Why real estate in Caloundra is booming?

August 15, 2017 Etta 0

Are you one of those people who dream of owning a holiday getaway? Well, you are in luck as this can still be done in Sunshine Coast at a very low price. According to Domain news by Ellen Lutton, Caloundra’s most beautiful beaches are being acquired by buyers who are interested in a share of the tasty slice of Sunshine Coast. Accommodation Caloundra wide is a mixture of quiet family oriented neighborhood cocooned in a dreamlike package of coastline and beautiful beaches. You may be wondering what exactly makes Sunshine Coast the top of the charts. This article highlights the key features that make Caloundra real estate outstanding.

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A happy place

One can easily say, options for accommodation Caloundra market has today provide a pleasurable living. This first and foremost is as a result of the uncorrupted coastline and beaches adjacent to the properties in the area. This gives the area a picturesque effect that can enlighten anyone’s mood. Further, the area is a hub of history and cultural heritage giving residents roots and a sense of richness.

Upcoming projects

Also, there are many upcoming projects in real estate Golden Beach wide, which are ready for purchase. The land projects, apartments and other developments are closely watched by the Sunshine Coast authorities making them safe and trustworthy to invest in either for residential or business purposes. More amenities are being included in the area, making it the place to be and with just a click at http://www.henzells.com.au/, you may be one of the lucky ones.

Creative development

To increase the golden opportunity, in this area the local metropolitan undertook a creative step to make their housing projects interesting and client oriented. In short, you won’t lack a wide variety to choose from. This goes to show how the real estate Currimundi wide is developing and ready to provide a platform for the buyer to make a wise and purpose-friendly decision. Clients have multiple choices whereby their accommodation can be determined by location, for example, at the beach side or by price of the property. One can also finish a particular project to one’s own liking making the deal even better.

Market

Well, this targets the demand and cost of houses for sale Currimundi market has today. No worries here either. The first step to take is to hire a reliable real estate agent in the region, and one can be easily found on the website mentioned above. With a good agent, you can easily identify a good deal, negotiate it and close it. Since Sunshine coast is a small town, it becomes easy for everyone to view all the real estate projects available and make decisions quickly. In addition, the area is popular for its sandy beaches but is still picking up with regard to residential areas. So do not wait to scoop a piece of your own with the right price. Now is the time. For a home away from home, there are great options for accommodation Caloundra has for visitors looking for one.