Are you sitting on a goldmine? As property demand continues to sizzle on the southern Sunshine Coast, many home owners are pondering for the first time whether they might be members of the million dollar club.
Once a price tag reserved for high end properties with water views, infinity edge pools and private pontoons, a dramatic year of growth has spurred record property prices on the Sunshine Coast pushing a growing number of homes into the seven-figure zone.
The recent Domain House Price Report showed Sunshine Coast house prices soaring 10.2% in the past year, and units rising 7% which is the steepest annual jump for the region since 2008. That certainly reflects what we have experienced at Henzells, where suburb records are seemingly increasing every week and in some pockets annual growth has been as high as 30% evidenced by the humble 1970s kit home which sold in the backstreets of Currimundi for $1 million earlier this year.
The draw to lifestyle destinations such as the Caloundra beaches is nothing new, however the pandemic has turbo charged the appeal this past year. People have put their holiday plans on hold, are working from home more and are focussing on quality of life more than ever. A strong jobs outlook, low interest rates and various builder incentives are also fuelling the very high demand for Sunshine Coast houses and land, and without enough properties to meet the need, prices are sky high.
If you are thinking of selling your home, now is the perfect time to get a valuation as you may be very surprised by what your property is worth. Autumn is also a great time to take advantage of Henzells’ special offer of FREE* marketing for sellers listing their home with us up until 31 May 2021. This includes professional photography, advertising copy, signage, brochures, social media, listing on the best real estate websites and more.
Contact us today and let's discuss your next move!
*Terms & conditions apply.
Founded in 1935, Henzells Agency is today an independent real estate corporation and one of the most respected companies on the Sunshine Coast. Roy Henzell Senior first established Henzells Agency.