Thoughts on the Sunshine Coast?

Hi all,

I've just signed up and read through a lot of the threads. I can see a bit of discussion and positive comments about Brissy, but wondering what people thought of the Sunshine Coast? I was up there last week looking at properties and am thinking of making an offer on one I saw in Mountain Creek. I think the Sunny Coast has a lot to offer and is definately a beautiful part of the world. The agents tell me it's a tight rental market up there (I'm from Sydney) and a quick search of rentals on domain or realestate.com suggest they are telling the truth. It certainly appears much better value that Sydney, however there doesn't seem to have been much capital growth there in the last 7 years (I say this because the place I'm looking at hasn't increased in value since then). The agents tell me it's on the up, but properties aren't moving that quickly - yet. What are other people's thoughts on the location? Thanks!
 
Bullish on Sunshine Coast

I am very bullish on the Sunshine Coast.

The new hospitals and medical precinct is the largest under construction in the country. It is changes the wages in the area from Beachside , Brisbane outpost to home of doctors, nurses, specialists.

Rents are solid.

I have bout in close to the hospital, as the scarcity and capital gain will be more steady near the infrastructure developments.

There are also some dual key block coming in in the next few months that will be interesting for positive cash flow.

i have a copy of the UDIA market outlook for the area.

PM me an i can send it to you.

Jerry Parker
 
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