Sunshine Coast sales volumes stable: Herron Todd White

Sunshine Coast sales volumes stable: Herron Todd White
Sunshine Coast sales volumes stable: Herron Todd White

Property on Queensland's Sunshine Coast has had strong enquiry levels and good sales volumes, according to Herron Todd White.

Herron Todd White's October Month in Review found the the highest growth in sale volumes and values in the first half of 2015 was in the sub $500,000 housing market which is bleeding into the $600,000 to $700,000 bracket.

"Sub $550,000 housing on the coastal areas continues to be extremely popular with buyers placing a greater emphasis on the underlying land value of the property," the report noted.

"Two examples of the market movement over the two years are from Peregian where one property sold in January 2013 for $466,000 and resold in March 2015 for $515,000 and another was purchased in May 2013 for $482,000 and has recently sold for $560,000. 

 

Michael Crawford

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

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