08 November 2021, By Endeavour Lotteries
How To Ride The Property Wave On The Sunshine Coast
4 min read
You don’t have to be a local to know that there’s an epic swell happening on the Sunshine Coast. Whether you’re from Mooloolaba or Melbourne, chances are you’ve heard that the Sunshine Coast strip is going off at the moment.
The good old Sunny Coast hasn’t seen a wave like this… well… ever. And every man and their beach-loving dog are trying to get on it.
This 50-kilometre stretch of spectacular Queensland real estate – from Caloundra, just 90 minutes north of Brisbane, all the way up to Noosa – is riding high on the property boom that has swept the country.
The Sunshine Coast is ‘very much the state market leader on price growth in the past 12 months’ according to the Hotspotter Price Predictor Index.
“Throughout the Sunshine Coast and Noosa Shire local government areas, there are 27 suburbs where the median house price has increased by more than 10% in the past 12 months. Marcoola has risen 39% to $770,000, Sunrise Beach has increased 27% to $1,090,000, Minyama is up 23% to $1,400,000 and Birtinya 23% to $745,000.”1
It’s an epic wave indeed. And a tough ride to catch.
Demand on the Sunshine Coast is high, whether you’re trying to score your forever home, a place to rent, or even just a holiday reservation less than twelve months in advance. Just like the lineup out the back of the Coolum break, the competition is fierce.
According to Ryder Property Research, “The Sunshine Coast is one of Australia’s most dynamic growth regions, at a time when Australians are migrating within the country in increasingly large numbers. Queensland is gaining more than any other state or territory from internal migration, by a considerable margin.”1
And with market analysts anticipating that there will be 200,000 more people flowing into the region over the next two decades, there’s no time to wait.
But when it’s so hard to get a piece of the action, how do you catch a break?
Here’s Your Chance to Ride The Wave
Endeavour Foundation’s Ultimate Life Changer (ULC) lottery could be your ticket to ride the property wave.
The winner of this amazing ULC lottery will be handed the keys to a luxury waterfront apartment located smack bang in one of the Sunshine Coast’s best performing suburbs, Birtinya.
Valued at over $825,000, the high-end property sits well above the area’s very healthy median house price of $745,000 and almost double the median unit price at a high of $440,000, (Source: PPI Winter 2021).
With a spectacular north-facing aspect overlooking Lake Kawana, this shiny new, four-bedroom apartment is perfectly positioned to take advantage of all the good things that come with life in a thriving coastal community.
Part of the newly completed Curve Birtinya development, the apartment also comes with access to resort style facilities including a lap pool, spa, sauna, gym and BBQ area.
If that’s not enough, there’s the lake and kilometres of waterfront walking tracks right on your doorstep.
And to top it off, you’ve got a spectacular surf beach just five minutes down the road at Bokarina where you could maybe… you know… catch a wave?
Live, Rent, Holiday or Sell
Fully furnished right down to the coffee mugs and cutlery, this stunning apartment is ready for you to move right into, rent out, holiday in, or sell:
- Move in and you’ll become one of the privileged few that can afford a Sunshine Coast address.
- Rent it out and you could earn a passive income of up to $35,000 a year. With rental vacancies currently well below one percent and available properties attracting dozens of applicants, finding an eager tenant should be a breeze.
- Holiday for free in your very own luxury apartment – think of it as your new home away from home. You could Airbnb it out in between times as an alternative stream of passive income with the added benefit of enjoying a getaway whenever you feel like it.
- Sell it to the highest bidder. In a market crying out for more listings, a new, four-bed apartment, a hop step and a jump from the beach, is hot property indeed.With bidding wars becoming a common occurrence in auctions up and down the coast, you just never know how high the price could go.
What Would You Do If You Won?
Not sure what you’d do if you won? To help you make an informed decision, take a virtual tour of this amazing apartment at Curve Birtinya (try not to fall in love). Second thoughts, perhaps it will make the decision all the more difficult?
Grab a ticket in Endeavour Foundation’s Ultimate Life changer Lottery and this amazing Sunshine Coast apartment at Curve Birtinya, could be yours along with $10,000 in cashable gold bullion (enough to cover two years of body corporate fees). All up, it’s valued at a tidy $825,939. Not a bad return on a $10 investment.
1 The Price Predictor Index Winter 2021, Hotspotting by Ryder.
2 Source: ‘Sunshine Coast Land Crisis’, Terry Ryder, Hotspotting by Ryder, May 2021