While 2014 was dominated by the Sub- $500,000 market, as buyers hunted for value and yield from an extremely tight rental market, 2015 saw the top end re-emerge.
While some Agencies predicted the upswing two years ago, others were surprised at the speed in which the market changed.
The increased level of interest in the property market was highly predictable. People are seeing it now, and realising it will be hard to find value in replacement as there will not be the stock levels they are used to. They have got some reference points now, the signal is supply may not match demand so it can only get better. If you are a buyer with cash now would be a good time to pounce.
Recent sales of $1.750 million, 2.080 million, and $1.635 million showed buyers from throughout Queensland, Sydney and overseas were jumping the queue. People know what’s happening next year, they simply won’t have the choice.
Buderim continues to be the benchmark for the Sunshine Coast, as a desirable location with solid values, low mortgage stress and a comfortable community.