Sunshine Coast house price recovery underway: CoreLogic RP Data

Sunshine Coast home values have been rising since mid-2013, according to CorLogic RP Data.

Over the 12 months to December 2014, house values rose by 6.7%, while unit values increased by 6%.

The number of houses sold across the Sunshine Coast has increased by 9% over the 2014 year, while unit volumes have remained virtually unchanged (+1%).

Vendor discounting rates have improved over the year, with houses discounted by -5.9% from the initial list price, in comparison to -6.7% at the same time last year, while the average vendor discount for units has eased from -7.2% over the previous year to -6.5% currently. 

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