According to a report on the Sunshine Coast property market released in early March by analyts RP Data, the Sunshine Coast is now showing some indications of emerging from the post GFC housing slump.
HOUSE SALES VOLUMES
The number of homes transacted increased in the 12 month period to November 2013 by 19.4%, with sales volumes exceeding the five year average.
RENTS AND YIELDS
The indicative gross rental yield is up 4.7% for the above listed time frame on houses, and 5.1% on units.
TIME ON MARKET
The average days on market for units and houses, as well vendor discounts on listing price also reduced. ( see us for more info )
Over the past ten years, the Sunshine Coast population has increased by an average of 2.5 per cent each year.
Disclaimer: The data provided was supplied by RP Data.