The Sunshine Coast could be part an exclusive real estate corridor in 2025, according to a leading property expert.
The region has experienced remarkable growth, with median house values soaring 76 per cent to $1.14 million during the past five years.
Price rises are expected to slow somewhat this year but Ray White senior data analyst Atom Go Tian said the Sunshine Coast would still be a property powerhouse, as part of an elite triad.
“The Australian housing market is witnessing a fundamental restructuring, characterised by the emergence of distinct price bands and the formation of what could be termed the ‘Golden Arc’,” he said.
“The Golden Arc is likely to emerge with Brisbane joining the Gold Coast and Sunshine Coast as premium markets.
“The Gold Coast and Sunshine Coast have established themselves as Australia’s second and third most expensive housing markets (behind Sydney).”
Source : https://www.sunshinecoastnews.com.au/