The Sunshine Coast is one of the hottest property markets right now as Queensland enjoys the highest interstate migration rates in the country. And why not, when this beautiful area is experiencing steady population growth, low vacancy rates, and significant government spending on infrastructure. The Sunshine Coast is building a new economy based on a clear 20-year economic plan, which presents investors with multiple opportunities and opens new avenues for business growth, development and expansion. Such projects include the light rail project, University Hospital, Caloundra South mega-city construction, and airport expansion.
Here are our picks for the five best areas to invest on the Sunshine Coast in 2019/2020:
1. Coolum Beach
Coolum Beach is hot right now. Beaches, surfing, fine dining, twilight markets: it’s super popular with holiday makers and one of the most in demand locations for investors.
What’s the lifestyle in Coolum Beach like?
Coolum Beach is a beachside suburb with both a high school and primary school. You’ll love the boardwalk, esplanade cafes, and awesome surf beaches (fully patrolled), as well as the gorgeous views of Mount Coolum that overarch the town. From Coolum Beach you can head to larger commercial centres by either car or bus — north to Noosa or south to Maroochydore and Mooloolaba.
2. Caloundra
Stunning beaches, great shopping and commercial facilities make Caloundra one of the best investment options on the coast. Even better is the 5 billion dollar Caloundra South housing development driving rapid growth in the area.
What’s the lifestyle in Caloundra like?
You can enjoy a relaxed coastal lifestyle in Caloundra, wandering the beaches and parklands but still also have access to large commercial centres, quality education, sports, arts, and shopping. Caloundra has an established public transport network that’ll take you all around the Sunshine Coast, or right down to Brisbane.
3. Mountain Creek
Nestled between the Mooloolah River and Buderim is lakeside Mountain Creek. The easy 3km to the beaches of Kawana Waters and Mooloolaba make it a popular investment choice.
What’s the lifestyle in Mountain Creek like?
You’ll love the lakes, river access, bike paths, and beautiful parklands that surround the residential estates of Mountain Creek. The suburb has a number of reputable schools, plus a TAFE and a university campus within 10km. If you can’t find what you need in the Mountain Creek shopping village, just head down Karawatha Drive towards Mooloolaba to access beaches and the extensive shopping and business networks.
4. Peachester
Quiet, clean and green. In Peachester you’re living in the mountains but still have easy access to the Sunshine Coast beaches and business facilities.
What’s the lifestyle in Peachester like?
Once rural farmlands, Peachester has now been transformed to an upmarket community known for wildlife, peace and tranquillity. Access all the facilities of the Sunshine Coast in less that 30 minutes, or for daily essentials head east for 10 minutes to Beerwah for supermarkets, buses and trains.
5. Buderim
Beautiful Buderim sits in the heart of the Sunshine Coast region and overlooks the Maroochydore and Mooloolaba beaches. It’s a bit rural and a bit rainforest and it’s undergoing some amazing growth.
What’s the lifestyle in Buderim like?
People of Buderim love the safe green environment, the high-quality schools, and the easy access to mountain trails or bike paths. Take a tranquil walk to your morning coffee or a quick drive to the surf, childcare, sports, music, and arts programs.
If you are buying or selling property on the Sunshine Coast, be sure to book your pre purchase inspection with the team at Your Building Inspector. Click here to book an inspection today!
For more information regarding investment prospectus: https://invest.sunshinecoast.qld.gov.au/en/Why-Sunshine-Coast/Investment-Prospectus
Take a look at properties that are currently on the market: https://www.realestate.com.au/buy/in-sunshine+coast,+qld/list-1
