The RBA’s recent decision to keep official interest rates on hold at a record low of 2%, whilst widely expected, was still welcome news for the local property market.
Sustained low interest rates have been a significant factor in driving confidence in the region, and with financial strategists predicting a decent chance of rates falling even further in 2016, the outlook remains very encouraging for buyers and sellers.
The accessabilty of money, combined with value buying in all price ranges means in most cases properties are selling as quickly as we can list them at Henzells Agency and we are always on the lookout for new listings.
Major infrastructure spending in the region is also having a positive impact, with the Sunshine Coast continuing to grow its reputation as one of Australia’s major job hubs.
Projects including the Kawana Health Precinct nearing completion which will create 5000 full time jobs by 2021 and numerous others in flow-on businesses are already producing encouraging results.
Hundreds of new families have started arriving in the area to take advantage of the jobs boom created by construction and the ongoing provision of services, further driving up demand for residential homes and rental properties.
At Henzells, we are being inundated with potential buyers and our experienced and friendly sales team are full of energy and committed to getting the best outcomes for every customer.
While the entire Caloundra region will share the benefits of the $2 billion health project, its northern reaches including Currimundi, Wurtulla, Battery Hill, Aroona and the Kawana stretch are particularly well positioned.
Now is the time to act.