Sunshine Coast scores top place in quarterly and yearly market growth: REIQ

Sunshine Coast scores top place in quarterly and yearly market growth: REIQ
Sunshine Coast scores top place in quarterly and yearly market growth: REIQ

The Sunshine Coast LGA has taken top place for market growth this quarter and for the year, according to the REIV March quarter update.

The market grew 4.8 percent this quarter, to a median house price of $545,000 and a hefty 6.1 percent for the year.

Over the medium term, (five years), it is 20.7 percent higher.

The unit market has held its own in a climate of strong supply.

Although it only grew 0.2 percent, to a median price of $375,750 this quarter, it added a respectable 1.6 percent for the year and is 10.3 percent higher than it was five years ago.

A four bedroom house at 7 Red Jacket Court, Palmwoods (above) has been listed for $509,000.

Similarly a four bedroom house at 25 Little Mountain Drive, Little Mountain (below) has been listed for $549,000.

Sunshine Coast scores top place in quarterly and yearly market growth: REIQ

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Reiq Sunshine Coast

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