MARKET WRAP...AEADRA HEADAD. NUMBER OF UIT SAES Per Annum (Calendar Year) AEADRA HEADAD. NUMBER OF...

ON DUPORTH

CENTURY 21 AGENTS. SMARTER. BOLDER. FASTER.

maroochydore.century21.com.au

As the dust settles on 2017, it has been interesting to reflect on exactly how the market performed in the past 12 months.

A number of key suburbs saw in excess of 10% capital growth in median house and unit prices for the 2017 calendar year, off the back of very tight supply levels and a strengthening demand across all price points. Most suburbs recorded their fifth consecutive year of strong capital growth, with the Sunshine Coast now showing over 30% increase in median house prices in the past 5 years.

In 2017, the housing markets of Alexandra Headland, Maroochydore, Minyama and Buddina all saw increases in median house prices of over 15%, with the stand out performer being Minyama at 21.36%, following on from some strong higher-end sales. Interestingly, the figures also showed that the unit market across the Coast was equally as strong with double digit growth recorded in the key unit markets of Maroochydore, Alexandra Headland and Mooloolaba.

The number of huge infrastructure projects currently under way on the Sunshine Coast and the strengthening economic conditions has seen much of the Sunshine Coast now reap the benefits of migration shifts from the capital city markets across the country.

With demand continuing to strengthen towards the back end of 2017 and supply across all markets starting to tighten further, 2018 is set to be an exciting year for the Sunshine Coast real estate market.

We have collated key data from major coast suburbs for your perusal in the following pages and we hope you enjoy the read.

MARKET WRAPWITH ROB WHITING

AREA. NUMBER OF HOUSE SALES Per Annum (Calendar Year)

AREA. NUMBER OF UNIT SALES Per Annum (Calendar Year)

HISTORICAL GROWTH STATISTICS - Area Post Code

CAPITAL GROWTH - Area Post Code

EXPERIENCE,KNOWLEDGE &SERVICE IS THESTRENGTH OF OUROFFICE

MAROOCHYDORE. NUMBER OF HOUSE SALES Per Annum (Calendar Year)

MAROOCHYDORE. NUMBER OF UNIT SALES Per Annum (Calendar Year)

CAPITAL GROWTH - Maroochydore 4558

HISTORICAL GROWTH STATISTICS - Maroochydore 4558

0428 855 [email protected]

ROB WHITING

Rob Whiting has been working in the real estate industry since 2005, he has been achieving impressive results for his clients, many of whom have become long term clients, referring additional business to him; a testament to his professionalism.

Rob is highly organised and implements proven marketing strategies to attract enquiry and ultimately secure the highest price possible. He has sharp negotiating skills which he employs to ensure his sellers achieve the most advantageous outcome. Whilst sensitive to his client’s needs, Rob adopts a no-nonsense approach to the selling process, communicating openly and honestly from the first point of contact.

Working with multiple REIQ Award winning Agency Century 21 on Duporth, Rob is an asset to the team and a perfect fit for one of the most active agencies on the Sunshine Coast.

Passionate about real estate and the Sunshine Coast, Rob and his wife live in Mountain Creek and enjoy a variety of outdoor pursuits including surfing, biking and Crossfit, to keep them fit and healthy.

If you are looking for advice in the current market, then Rob would be happy to discuss your needs.





YEARHOUSE

Median Value Median ValueCapital Growth Capital GrowthUNIT

MAROOCHYDORE

MAROOCHYDORE. NUMBER OF HOUSE SALES Per Annum (Calendar Year)

MAROOCHYDORE. NUMBER OF UNIT SALES Per Annum (Calendar Year)

CAPITAL GROWTH - Maroochydore 4558

HISTORICAL GROWTH STATISTICS - Maroochydore 4558

225158 149 132 120 123

176 181 192 182 172

0

100

200

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

690487 492 455

305 333460 507 565

460 415

0200400600

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

The Maroochydore market continued its strong growth trend, as per the previous two years, to again show an increase in the median sale price of housing in 2017 of 15.1%. This is off the back of growth of 4.83% in 2016 and 10.33 % in 2015. These figures accounted for an average growth rate of 10.09% per annum over the last 3 years in the Maroochydore housing market. The unit market also continued to strengthen, with 10.5% growth in 2017 for a 3-year average of 7.48% per annum increase in median prices. With the growing infrastructure across the Coast and a tightening of supply, these figures show no signs of slowing just yet. In 2015, there were 192 homes sold in Maroochydore, this figure reduced to 172 in 2017, whilst 2015 saw 565 apartments sold. In 2017 there were just 415 sold, this highlights the tightening supply in a market gaining popularity across the country.

Jan 2017 - Dec 2017

Average Growth Over The Last 3 Years


Jan 2016 - Dec 2016

Jan 2015 - Dec 2015

Jan 2014 - Dec 2014

Jan 2013 - Dec 2013

$625,000

$543,000

$518,000

$469,500

$458,500 6.88%

15.10%

4.83%

10.33%

2.40%

10.51%

7.23%

4.69%

6.79%

3.86% $309,500

$410,000

$371,000

$346,000

$330,500

Units 2.30% Per Annum

Units 7.48% Per AnnumHouses 10.09% Per Annum

Houses 3.92% Per Annum





YEARHOUSE


MOOLOOLABA. NUMBER OF HOUSE SALES Per Annum (Calendar Year)

MOOLOOLABA. NUMBER OF UNIT SALES Per Annum (Calendar Year)

HISTORICAL GROWTH STATISTICS - Mooloolaba 4557

CAPITAL GROWTH - Mooloolaba 4557CAPITAL GROWTH - Alexandra Headland 4572

HISTORICAL GROWTH STATISTICS - Alexandra Headland 4572

ALEXANDRA HEADLAND. NUMBER OF UNIT SALES Per Annum (Calendar Year)

ALEXANDRA HEADLAND. NUMBER OF HOUSE SALES Per Annum (Calendar Year)

ALEXANDRA HEADLAND

158 162 142 127 105 112 119152 162 163 188

0

100

200

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

54 43 37 3823

39 48 42 52 38 45

0

50

100

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Alexandra Headland showed growth consistent with Maroochydore, with 15.75% growth in Median house prices recorded in 2017. This is the fifth consecutive year of strong price growth in the Alexandra Headland housing market, with a 3-year average growth figure now sitting at 10.2% per annum. The unit market was also very strong, with an incredible 14.04% growth in median prices for 2017 - this was also the fifth consecutive year of strong growth for this market.

The 3 year average currently sits at 7.37% per annum increase in median prices for the unit market. Over the last 3 years, unit sales have increased from 162 in 2015, to 188 in 2017, which again shows the strength in this market. The volume of sales in the housing market remained steady with 52 sales in 2015 and 45 in 2017.

Jan 2017 - Dec 2017



Jan 2016 - Dec 2016

Jan 2015 - Dec 2015

Jan 2014 - Dec 2014

Jan 2013 - Dec 2013




4.23%

6.76%

4.11%

3.95%

14.04%

$296,000

$316,000

$329,000

$342,000

$390,000

4.39%

15.41%

9.84%

5.01%

15.75%

$629,500

$726,500

$798,000

$838,000

$970,000





YEARHOUSE


MOOLOOLABA

MOOLOOLABA. NUMBER OF HOUSE SALES Per Annum (Calendar Year)

MOOLOOLABA. NUMBER OF UNIT SALES Per Annum (Calendar Year)

HISTORICAL GROWTH STATISTICS - Mooloolaba 4557

CAPITAL GROWTH - Mooloolaba 4557

12091 87 72 65 77

102 120 100 10876

050

100150

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

372251 204 231 177 193

293 294 316 346255

0100200300400

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Mooloolaba showed one of the strongest unit markets on the Sunshine Coast, along with Alexandra Headland. The median unit price in Mooloolaba rose 12.9% in 2017, for the fifth consecutive year of growth. The 3-year growth for Mooloolaba units sits at a 7.07% per annum increase in median prices. The Mooloolaba housing market is always one of the more actively sought-after markets, median prices rose 4.62% in 2017, with five consecutive years of positive growth now recorded. The 3 year average for Mooloolaba housing sits at 6.10% per annum growth. The supply in this market was particularly tight in 2017, with only 76 house sales recorded compared to 108 in 2016. 255 unit sales were also recorded in 2017, down from 346 in 2016. Growing demand in this market, along with a distinct shortening in supply, should ensure good growth throughout 2018.

Jan 2017 - Dec 2017



Jan 2016 - Dec 2016

Jan 2015 - Dec 2015

Jan 2014 - Dec 2014

Jan 2013 - Dec 2013

$701,500

$670,500

$662,500

$589,000

$563,500 5.33%

4.62%

1.21%

12.48%

4.53%

$420,000

$372,000

$353,500

$343,000

$330,500 4.59%

12.90%

5.23%

3.06%

3.78%








YEARHOUSE


CAPITAL GROWTH - Mountain Creek 4557CAPITAL GROWTH - Mountain Creek 4557

HISTORICAL GROWTH STATISTICS - Mountain Creek 4557HISTORICAL GROWTH STATISTICS - Mountain Creek 4557

MOUNTAIN CREEK. NUMBER OF UNIT SALES Per Annum (Calendar Year)MOUNTAIN CREEK. NUMBER OF UNIT SALES Per Annum (Calendar Year)

MOUNTAIN CREEK. NUMBER OF HOUSE SALES Per Annum (Calendar Year)MOUNTAIN CREEK. NUMBER OF HOUSE SALES Per Annum (Calendar Year)

MOUNTAIN CREEK

203106

159 156 132176 184 218 271 219 209

0100200300

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

45 36 36 29 33 53 83

277

114 83 40

0100200300

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Mountain Creek bounced back very well in 2017 off a slight decrease in 2016. Sales data has shown an increase in median house prices for Mountain Creek of 7.81% in 2017. Sales volumes have tightened considerably in this market, with only 209 homes sold in 2017, compared to 271 in 2015. This means that with more and more buyers trying to enter this market, they have fewer choices of housing, creating ongoing upward pressure on prices.

The unit market remained quite stable in 2017 off the back of some exceptional figures for 2014 to 2016. Again, supply was very tight with just 40 apartments sold in Mountain Creek in 2017 compared to 114 in 2015. The 3 year average rose 4.15% per annum for housing and 7.95% per annum for units over the last 3 years.

Jan 2017 - Dec 2017



Jan 2016 - Dec 2016

Jan 2015 - Dec 2015

Jan 2014 - Dec 2014

Jan 2013 - Dec 2013




9.54%

-0.65%

3.64%

20.85%

16.29%

$264,000

$382,000

$384,500

$371,000

$307,000

7.81%

-1.47%

6.12%

3.11%

15.38% $499,000

$580,000

$538,000

$546,000

$514,500




CAPITAL GROWTH - Area Post CodeCAPITAL GROWTH - Mountain Creek 4557

HISTORICAL GROWTH STATISTICS - Mountain Creek 4557

MOUNTAIN CREEK. NUMBER OF UNIT SALES Per Annum (Calendar Year)

MOUNTAIN CREEK. NUMBER OF HOUSE SALES Per Annum (Calendar Year)

YEARHOUSE


Brightwater has genuinely become a stand alone real estate market and highly sought after precinct. A growing infrastructure and fantastic proximity to all the Coast has to offer, the demand for Brightwater has continued to grow steadily throughout 2017. In 2017 there was 107 homes sold in Brightwater, down slightly from 140 in 2016. The decrease in volume was due only to a tighter supply as more buyers have had fewer homes available to choose from. This decrease in supply saw significant upward pressure on prices with a lift in median house prices of 13.73% recorded for 2017.

Whilst median house prices have remained quite sable in 2015 and 2016 the three year average stands at an increase in median house prices of 3.06% per annum. The unit / townhouse market has been very strong with a number of great complexs in the Mainwaring collection sold in the past 18 months. Throughout 2017 the only recorded data for unit sales was primarily resale data, with the new sales data that will stem through this year set to provide a strong increase in median prices in the Unit market. Certainly a case of watch this space as a recent sale of townhouse at $480,000 by our office indicates. All in all Brightwater has been a strong performer and with record low stock levels at present, this is a suburb that is set to shine again in 2018.

CAPITAL GROWTH - Brightwater 4575

HISTORICAL GROWTH STATISTICS - Brightwater 4575

BRIGHTWATER. NUMBER OF UNIT SALES Per Annum (Calendar Year)

BRIGHTWATER. NUMBER OF HOUSE SALES Per Annum (Calendar Year)

BRIGHTWATER

Jan 2017 - Dec 2017

Jan 2016 - Dec 2016

Jan 2015 - Dec 2015


N/AN/A


-8.67%

12.37%

1.47%

$390,000

$427,000

$380,000

Jan 2017 - Dec 2017

Jan 2016 - Dec 2016

Jan 2015 - Dec 2015

13.73%

-3.04%

-1.50%

$580,000

$510,000

$526,000

30

97140 107

050

100150

2014 2015 2016 2017

149

50 30 21

050

100150

2014 2015 2016 2017







YEARHOUSE


PARREARRA. NUMBER OF HOUSE SALES Per Annum (Calendar Year)

PARREARRA. NUMBER OF UNIT SALES Per Annum (Calendar Year)

HISTORICAL GROWTH STATISTICS - Parrearra 4575

CAPITAL GROWTH - Parrearra 4575CAPITAL GROWTH - Birtinya 4575

HISTORICAL GROWTH STATISTICS - Birtinya 4575

BIRTINYA. NUMBER OF UNIT SALES Per Annum (Calendar Year)

BIRTINYA. NUMBER OF HOUSE SALES Per Annum (Calendar Year)

BIRTINYA

Birtinya continues to evolve as one of the hottest new precincts on the Sunshine Coast. The release of the plans for a new town centre and the completion of the University Hospital meant that Birtinya finished 2017 very strong. There was a total of 48 houses sold in 2017, up from 31 in 2015 with an increase in median prices of 10.02% in 2017. In 2015, there were 49 apartments sold in Birtinya, mainly due to new complexes settling for the first time throughout 2015.

In 2017, there were 19 apartment sales, with prices remaining quite steady and recording the fourth year of modest yet positive growth. The 3-year average growth figures for median house prices sits at 8.77% per annum and 2.55% per annum for the unit market. With major infrastructure projects planned in 2018 and 2019, this market is set to continue to be in strong demand.

Jan 2017 - Dec 2017



Jan 2016 - Dec 2016

Jan 2015 - Dec 2015

Jan 2014 - Dec 2014

Jan 2013 - Dec 2013


N/AN/A


-2.56%

0.66%

1.11%

5.88%

6.38%

$458,000

$455,000

$450,000

$425,000

$399,500 6.33%

10.02%

7.13%

9.16%

-18.57%

$660,000

$599,900

$560,000

$513,000

$630,000

19 13 20 1663

12673

4987

19

050

100150

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

8 7 8 11 1631

49 48

0

25

50

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

SUBURB GOES HERE





YEARHOUSE


PARREARRA. NUMBER OF HOUSE SALES Per Annum (Calendar Year)

PARREARRA. NUMBER OF UNIT SALES Per Annum (Calendar Year)

HISTORICAL GROWTH STATISTICS - Parrearra 4575

CAPITAL GROWTH - Parrearra 4575

Palmwoods has continued to be a very stable and strong housing market over the past 5 years. The 3-year average growth in median house prices shows a figure of 4.62% per annum. In 2017, the area recorded a rise in median house prices of 6.12% following on from a rise of 8.17% in 2016. The me-dian house price rose above $500,000 for the first time last year, with the median price now sitting at $520,000. The unit market is quite a small market in Palmwoods with just 1 recorded unit sale in 2017. There was a total of 113 homes sold in 2017 across Palmwoods, with demand for the area growing consistently moving forward.

PARREARRA

Jan 2017 - Dec 2017



Jan 2016 - Dec 2016

Jan 2015 - Dec 2015

Jan 2014 - Dec 2014

Jan 2013 - Dec 2013

$675,000

$588,000

$568,500

$530,500

$506,500 7.88%

14.80%

3.43%

7.16%

4.74%

$488,000

$431,000

$405,500

$397,500

$383,500 5.36%

13.23%

6.29%

2.01%

3.65%




191

86 98 124

38 31 55 60 81139

91

050

100150200

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

179104 115 117

73 89 94 115 10879 98

050

100150200

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

YEARHOUSE


CAPITAL GROWTH - Bli Bli 4560

HISTORICAL GROWTH STATISTICS - Bli Bli 4560

BLI BLI. NUMBER OF UNIT SALES Per Annum (Calendar Year)

BLI BLI. NUMBER OF HOUSE SALES Per Annum (Calendar Year)

BLI BLI





-0.50%

6.21%

10.03%

6.83%

-4.02%

19.55%

0.79%

9.42%

5.22%

3.93%

$400,000

$402,000

$378,500

$344,000

$322,000

$532,000

$445,000

441500

403500

383500

178125 145

103 82 93144 187 149 171 159

0

100

200

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

817 13

7 10 15 1222 25

1811

0

20

40

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Bli Bli was tipped last year as a real suburb to watch, with a number of new housing estates now nearing completion, the resale market was set to strengthen in this suburb. With great proximity to all the Coast has to offer and a fantastic family friendly environment, Bli Bli is now a stand-out performer. The housing market showed 19.55% growth in 2017 with 159 homes sold.

The unit market in Bli Bli is quite a small market and figures are hard to judge at the present time, with just 11 apartments sold in 2017. There is currently very strong demand for Bli Bli and the 3-year average of 9.92% growth in median house prices across the last 3-years reflects this. Many savvy investors have this suburb well and truly on their radar for the 2018 and beyond.

Jan 2017 - Dec 2017



Jan 2016 - Dec 2016

Jan 2015 - Dec 2015

Jan 2014 - Dec 2014

Jan 2013 - Dec 2013

ADDRESS LISTED PRICE RESULT

RECENT SALES BY Rob Whiting

14 Clarence Court, Maroochydore $725,000 EXPRESS SALE20 Mavarra Street, Maroochydore $600,000 EXPRESS SALE10/4 Kirsten Court, Maroochydore $380,000 EXPRESS SALE27 Pepper Tree Circuit, Maroochydore $675,000 EXPRESS SALE24 Mavarra Street, Maroochydore $645,000 EXPRESS SALE24 Sugar Road North, Maroochydore $720,000 EXPRESS SALE10 Gossamer Drive, Buderim $630,000 EXPRESS SALE584 Nicklin Way, Wurtulla $498,000 EXPRESS SALE10 Corkwood Court, Mountain Creek $450,000 EXPRESS SALE

10 Corkwood Court,Mountain Creek

584 Nicklin Way,Wurtulla

10 Gossamer Drive,Buderim

24 Sugar Road North,Maroochydore

24 Mavarra Street,Maroochydore

27 Pepper Tree Circuit, Maroochydore

10/4 Kirsten Court,Maroochydore

20 Mavarra Street,Maroochydore

14 Clarence Court,Maroochydore

ON DUPORTH

07 5443 570092 Duporth Avenue, Maroochydore

maroochydore.century21.com.au

NUMBER 1 CENTURY 21 OFFICE IN AUSTRALIA 2016

NUMBER 1 CENTURY 21 OFFICE IN QUEENSLAND 2016

REIQ FINALIST FOR LARGE RESIDENTIAL AGENCY OF THE YEAR 2017

NUMBER 1 CENTURY 21 AUSTRALASIA’s PROPERTY MANAGEMENT OFFICE 2016 (Number of New Managements)

CENTURY 21 AGENTS. SMARTER. BOLDER. FASTER.

ROB WHITING0428 855 [email protected]

MARKET WRAP...AEADRA HEADAD. NUMBER OF UIT SAES Per Annum (Calendar Year) AEADRA HEADAD. NUMBER OF...

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