As the new financial year kicks off, we’re witnessing a notable uplift in activity across Noosa and the Sunshine Coast. This trend is consistent with previous years, reflecting the seasonal patterns we’ve come to expect.

Our daily interactions with property professionals such as selling agents, mortgage brokers and valuers, reveal a surge in enquiries, with investors seemingly re-entering the market. This increase in activity highlights the evolving landscape of real estate in our region.

While demand for Peregian Beach, Sunshine Beach, and Noosa remains strong. We are also seeing the Noosa Hinterland continue to increase in popularity, currently featuring some premium listings on the market, such as AMAR, WHIPBIRD and BLACKWOOD. Meanwhile, strong activity continues down the coast in Buderim, Moffat Beach, and Buddina, drawing the attention of discerning buyers.

The return of international interest, particularly from expats, is injecting a fresh perspective into our local markets, introducing new requirements and expectations. We’re currently engaging with buyers from the UK, Singapore, and the US, adding to the dynamic nature of our market.

Despite the talk of potentially more interest rate increases to come. Industry conversations indicate a renewed sense of confidence and opportunity. This resurgence, coupled with the entry of high-end luxury properties and anticipated future developments, adds an exciting layer of diversity to our market.

In established suburbs, we’re seeing a noticeable gap between renovated homes and those in need of transformation. This underscores the importance of evaluating replacement costs carefully before embarking on renovations or new builds, as these decisions can significantly impact investment value and returns.

Recently, we had the pleasure of helping a local family secure their ideal home in one of the Coast’s most highly sought-after suburbs. This transaction was achieved off-market through our collaboration with a local agent, ensuring a discreet and successful deal that benefitted both the seller and the buyers. This example highlights the advantages of working with a local buyers agent, particularly in navigating off-market opportunities and achieving favorable outcomes.

Our current market presents abundant opportunities, whether you’re considering investing, relocating, or simply staying informed. With the end of winter approaching and the typical September influx of new listings, we anticipate a surge in new stock and increased interest.

According to The Sunshine Coast Council website, “the population of the Sunshine Coast grew by over 79,000 people between 2011 and 2021, and is forecast to grow to over 540,000 people by 2046. It is anticipated that in order to accommodate the population of 2046, we will require a total of over 234,000 dwellings.”

If you’re contemplating your next move in this dynamic market, we’re here to provide tailored insights and guidance. Let us handle the work for you and uncover opportunities that align with your goals.

For a deeper discussion or to share your thoughts on the market direction, feel free to reach out or book a chat with us via our website.

*Sources: Queensland Government population projections, 2023 edition; Australian Bureau of Statistics, Regional population by age and sex, 2021. Queensland Government household and dwelling projections 2023 edition; 2021 dwelling figures sourced from Australian Bureau of Statistics, 2021 Census of Population and Housing.