Sunshine Coast property: Top suburbs to invest in for homebuyers

New data has revealed several Sunshine Coast suburbs as ‘hidden secrets’ for homebuyers and investors to break into the market due to their growth over 10 years.

Several Sunshine Coast suburbs are being named as “hidden secrets” with new data revealing areas where homebuyers have an edge due to property growth in the last decade.

Statistics commissioned by Well Money named Twin Waters, Little Mountain, Meridan Plains, Buderim and Sippy Downs as part of 20 Queensland suburbs where buyers have some bargaining power.

The data identified suburbs where buyers could offer 10 per cent below asking price and sellers would only give up a fraction of the profits they’ve made in the last 10 years.

Research showed Sippy Downs as one such suburb, with its net price growing by 92 per cent in the last decade.

The median price for a home in the hardworking region is going for $800,000 according to the latest date from June 2022.

First National Real Estate Lifestyle Sippy Downs’ Gavin Flaton had seen growth in the area over the last 17 years.

The veteran real estate agent said he had a Sippy Downs home under contract at the moment for $985,000 which was sold eight years ago for $440,000.

Mr Flaton said the owner pushed for $1.05m but settled at $985,000 and was still very happy with the price due to the growth they’ve experienced.

Spinifex Place, Twin Waters.

More buyers were heading to the southern part of the coast in areas like Sippy Downs according to Mr Flaton, due to its affordable living and proximity to Brisbane.

Real estate agent Lydia Kirn who predominantly operates in Twin Waters said the seaside suburb has grown exponentially since her arrival nine years ago.

Data showed Twin Waters had grown by 132 per cent in the last decade, with its median house price now going for $1.33m.

If buyers were to go 10 per cent below the asking price of this sellers would only lose 0.71 years of profit.

Ms Kirn said the tiny pocket north of Maroochydore was among one of the “hidden secrets” on the Sunshine Coast.

“There’s only 1300 homes here but it has a golf course, beaches and canals all in this tiny pocket,” Ms Kirn said.

“We have everything and we’re close to the Maroochydore CBD.

“From a selling point as well it’s quite inexpensive to live here.”

Originally published as Sunshine Coast property: Top suburbs to invest in for homebuyers