Coast suburbs expected to boom among best in nation

Bigger blocks and a beachside lifestyle are drawing in buyers to take advantage of bargain Sunshine Coast suburbs tipped to boom in the next few years.

SOLD: John Blackmore from Twin Waters LJ Hooker is pleased with sales in Twin Waters with capital growth expected to increase inrapidly in the next five years.

BIGGER blocks and a beachside lifestyle are drawing in buyers to take advantage of bargain Sunshine Coast suburbs tipped to boom in the next few years.

According to property group RiskWise, Doonan and Twin Waters were named among the top places in Australia to score a bargain with the expectation of solid capital growth down the track.

While the average house price for both suburbs sat above $850,000, the research was based around long-term return.

LJ Hooker Twin Waters agent John Blackmore wasn't surprised with the results saying the area was an "undiscovered little gem on the Coast”.

Twin Waters was expected to record a capital growth of 8 per cent in 12 months, 29 per cent in 3 years and 38 per cent in five years.

"It's a phenomenal feet,” he said of its position 10 ranking.

"More people are discovering its potential and that's showing.”

Mr Blackmore said interstate buyers were particularly interested in waterfront properties below their budget.

John Blackmore from Twin Waters LJ Hooker is pleased with sales in the area.

"People are astonished with what they can purchase with that kind of value,” he said.

"We have also seen the younger demographic of families coming in and breaking that stigma that it's an older area.”

New resident Sheree Mason never intended on buying a home at Twin Waters, but after renting while looking for acreage she was hooked.

The proximity to the beach, flat land and friendly neighbourhood made it a nice place for her children to grow up in.

"It's really well kept and we can ride to the beach,” she said.

"It's definitely somewhere we will stay long-term.”

Further north, Doonan agent David Berns said the secluded and established land made it a hive for interstate buyers.

David Berns

With an average house price of $871,189, Doonan was set to record a capital growth of 12 per cent in 12 months, 23 per cent in three years and 32 per cent in five years.

The principal of David Berns Real Estate said it was a "very desired” spot for people from the metropolitan areas.

"Each home is very unique... land isn't available any more and less product is on the market, making it a tightly held spot,” he said.

After working in the area 18 years, Mr Berns said he recorded some of the highest sales in the area for inland and view homes.