WHAT'S HAPPENING IN OUR REGION
Here's some more information on what's happening in our region.
If you have any further questions about buying, selling or investing in property on the Sunshine Coast, please don't hesitate to call Trevor & Glenys Martin on 07 5444 8858 or 0400 818 777.
Thank you for your interest.
Lifestyle is why people choose to live on the wonderful Sunshine Coast. To many, the ultimate lifestyle is living on the waterfront. One of the main draw cards to the waterfront for many years has been the aquatic lifestyle of sailing, fishing, surfing and now paddling which is taking over, plus the beauty of the natural environment of the area and the strong sense of community.
Deep waterfront properties are defined by the fact that there are no bridges to go under, so they are ideal for yachts and large power boats. There's limited supply with only 791 deep waterfront properties on the canal system of the Sunshine Coast with safe, direct ocean access, minutes to the Pacific Ocean.
Then there are waterfronts located behind bridges, commonly known as Low water. Mooloolaba has a good canal system where you can still get reasonable size sedan type boats which don't have large fly bridges to your waterfront and you're still so close to the heart of Mooloolaba.
There are waterfront properties behind the lock on the Parrearra Canal that consists of Kawana Island and Parrearra (also known as Buddina or The Quays precinct) where you can still berth a large 45 foot cruiser at your front door.
Many people just want to live on the water with no intention of owning a boat. They love the wonderful waterfront lifestyle on offer and the future capital gains that will come about by living in a beautiful suburb, where deep waterfront properties are limited.
It's a perfect time to buy on the waterfront as the prices have come back to 2003 levels making the jump from your traditional home in suburbia to the waterfront ever so close. Back then you needed approximately three average homes to buy one basic waterfront, now you just need 1 and half or so.
Yes, the waterfront market is moving again and Mooloolaba is a great example of homes been bought and sold within 12 months at a good profit, this "flipping" has not occurred on the waterfront for many years. Sydney families are once again making the pilgrimage North to our sunny shores as well as expats setting themselves up to return home so their children can finish school in such a great environment.
Locals are also showing their confidence on the waterfront with quite a few older homes been bulldozed to make way for substantial modern homes taking full advantage of this wonderful waterfront lifestyle.
The one thing you can be assured is if a property has been there before it will go back, it's just a matter of when the waterfront moves into its next growth cycle the capital gains should be lot stronger than anywhere else on the coast.
Within a 15 kilometre radius of Sippy Downs we'll be seeing many billions of dollars being spent on the Sunshine Coast, directly benefiting all the residents of the coast who've been waiting and waiting for something BIG to happen here for a long time.
Some of these projects include:
*The investment of $2.3 billion to the Sunshine Coast University Hospital (SCUH) that includes $60.8 million to the Skills, Academic and Research Centre (SARC) bringing over 3,500 staff in total, many high net worth individuals and families. Prof. Mike Heffernan of SCUH says there will be between $1.25 & $1.5 million spent on these projects each day for the next 5 years;
*Sunshine Coast Private Hospital and Medical Precinct being built right now at a cost of a minimum of $150 million dollars that opened on the 4th November 2013;
*Sunshine Coast University expanding 50% from 8,000 students to 12,000 by 2015;
*Kawana Beach Project; the Jewel of Stockland east of Nicklin Way, with dreams of turning it into another Manly Corso with Surf Club and up-market homes and shops;
*Stocklands have over $1.5 billion worth of developments at the moment in this area alone;
*Kawana Town Centre with a network of community facilities;
*Kawana Shopping Centre has expanded with a $73 million dollar facelift by Mirvac;
*Brightwater State School off Kawana Way opened in Feb 2012;
*The huge Palmview Development, which once again will house thousands of people;
*Maroochy Town Centre which will include a 4,000 seat Convention Centre;
*Sunshine Cove, Maroochydore to be home to over 6,000 new residents including a huge apartment retirement complex by Living Choice; and *The new $40 million dollar Horton Park Golf Course at Bli Bli near the Sunshine Coast motor way and river.
We haven't yet mentioned what's happening in Caloundra heading south and what's on the menu North of Twin Waters to Noosa, it can only be good. All these developments slated to start over the next couple of years will finally put the Sunshine Coast back on the map as a vibrant up-and-coming area to reside.
Let's hope the powers that be will get the infrastructure right! This is the time to jump in and buy property, and get ready to reap all the benefits the Sunshine Coast has to offer before it takes off again.
Our future infrastructure in Kawana & Maroochydore will attract many wealthy professionals who will love our great waterfront lifestyle. Within a 15 kilometre radius of Sippy Downs we'll be seeing many billions of dollars being spent on the Sunshine Coast, directly benefiting all the residents of the Coast who've been waiting and waiting for something BIG to happen here for a long time. This is the time to jump in and buy property, and get ready to reap all the benefits the Sunshine Coast has to offer before it takes off again.
For more information on living on our beautiful waterways, please call Trevor & Glenys Martin on 0400 818 777 and we'll endeavour to help you with your real estate needs, wants and dreams!