It is a great time within the property cycle to be positioning development approvals for the next property upswing. Signs that the demand for rental properties on the Sunshine Coast continues to outweigh supply is a key indicator of the growing need to invest in residential dwellings. The following article from the Sunshine Coast Daily expands on these thoughts.
HOT PROPERTY: 23 Moffat St, Moffat Beach, sold for $1.5 million, and had 60 inspections during a four-week period. GREG GARDNER PHOTOGRAPHY
Couresty of the Sunshine Coast Daily- 19th August 2014
STRONG demand and a tightening of property numbers have given the Sunshine Coast residential market an added spring heading into a traditionally good selling season. The REIQ June Quarter 2014 Housing Market Review reveals strong growth in south-east Queensland and stabilising regional markets. "These are the figures many vendors have been waiting for - much shorter days on the market, significantly reduced vendor discounting and increased buyer competition," she said. "They show key sectors of the Queensland real estate market are on a trajectory of growth, with buyers growing more confident as we head into the spring selling season". Read more......