Mike Sweeney Belle Property in Maroochydore, Queensland | Estate agent

Mike Sweeney Belle Property

Locality: Maroochydore, Queensland

Phone: +61 417 763 499

Address: 1/5 Plaza Parade, 4558 Maroochydore, QLD, Australia

Website: www.belleproperty.com/maroochydore

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25.01.2022 Sunshine Coast Property -Top Performer The Real Estate Institute of Queensland (REIQ) just released its Quarterly Market report (June 2018), and interestingly, for the first time, the Sunshine Coast residential property market SD has overtaken the Gold Coast to claim the title of best annual performer. The Sunshine Coast Statistical Division (SD) includes the Sunshine Coast LGA (Local Government Area) and Noosa Shire. A breakdown for you.... Houses up 6.4% for the year Sunshine Coast SD Units up 4.9% over the year Sunshine Coast SD Rental market is tight with 2% vacancy Sunshine Coast SD In a list of suburbs Sunshine Coast SD, with the longest average hold period for all houses Yaroomba came in at number 4 14.1 years; the other four suburbs were all in Caloundra 12 houses & 13 units have been sold this quarter in Mount Coolum The annual growth in house prices in Mount Coolum is 21.9%, and 9.2% for unit/townhouses The average rent in June 2018 for a 3 bedroom home in Mount Coolum is $475 per week The average rent in June 2018 for a 2 bedroom unit in Mount Coolum is $370 per week, and $460 for a 3 bedroom townhouse. Whilst the market is performing well, and the future prognosis is positive, the REIQ stress that the future of the property market is dependent on the regional economy and employment market growing at least at the same pace as population growth.

21.01.2022 Sunshine Coast Nations Leading Investment HOT SPOT! Further to last weeks newsletter, popular real estate website, www.realestate.com.au has hailed the Sunshine Coast as the hottest place in the nation to invest in property right now, due to a lack of available housing, a tight rental market and rapidly growing population. Leading industry commentators say the Sunshine Coast presents one of the best opportunities for capital growth, due to its liveability, affordability and... future economic prospects; and there are predictions that it is on the cusp of its highest growth period in history. In the midst of an infrastructure boom, which includes the new runway at the airport set to become international by 2020; there is a leap in employment opportunities that have been lacking in the past, further driving population growth. According to demographer Bernard Salt, the Sunshine Coasts population of around 298,000 residents is set to rise to 550,000 in 23 years, which will require more than 100,000 new homes to be built. In its recent report, Herron Todd White noted an increase in investor activity in the Sunshine Coast market, with units/townhouses sub-$350,000 particularly popular; and some of them attracting over a 6.5% gross return. Click here to read full report. www.realestate.com.au//the-best-place-to-invest-in-austra/

17.01.2022 SOLD at Auction - 137 Burtons Rd, Bridges

16.01.2022 New Listing - 10 Skybolt Road, Valdora Enjoy Country Living and Invest for the Future This elevated 31,600 m2 block has been recently sub-divided from a larger family farm and offers a range of opportunities for the new owner.

07.01.2022 SPRING IS SELLING SEASON! The first FIVE people to list their property for sale exclusively with us will receive a FREE www.realestate.com.au feature listing package, valued at $518.00. call or text me 0417763499

07.01.2022 Sunshine Coast Nation's Leading Investment HOT SPOT! Further to last week's newsletter, popular real estate website, www.realestate.com.au has hailed the Sunshine Coast as the hottest place in the nation to invest in property right now, due to a lack of available housing, a tight rental market and rapidly growing population. Leading industry commentators say the Sunshine Coast presents one of the best opportunities for capital growth, due to its liveability, affordability and... future economic prospects; and there are predictions that it is on the cusp of its highest growth period in history. In the midst of an infrastructure boom, which includes the new runway at the airport set to become international by 2020; there is a leap in employment opportunities that have been lacking in the past, further driving population growth. According to demographer Bernard Salt, the Sunshine Coast's population of around 298,000 residents is set to rise to 550,000 in 23 years, which will require more than 100,000 new homes to be built. In its recent report, Herron Todd White noted an increase in investor activity in the Sunshine Coast market, with units/townhouses sub-$350,000 particularly popular; and some of them attracting over a 6.5% gross return. Click here to read full report. www.realestate.com.au//the-best-place-to-invest-in-austra/

06.01.2022 Win Dinner at The Spirit House Book an appraisal with me before the end of September and go in the draw for a $200 dining voucher plus the wonderful Spirit House gift pack of culinary surprises! Call or text me - 0417763499

03.01.2022 SOLD 67 Whistler Ridge Road, Yandina Creek

02.01.2022 What is the outlook like for 2019? Well, no-one has a crystal ball, and the industry commentators certainly don't always get it right. What happens across the year will depend on various influencing factors including a possible change of federal government at the next election, consumer confidence, and even global factors, including the outcome of Brexit, for example. The RBA's purpose is to issue Australian currency and set our monetary policy; with the aim of keeping the A...ustralian financial system stable and promoting economic prosperity for all Australians. They are well aware that changes in rates up or down, have a significant impact, and historically banks passed on any increases or decreases to their customers. However, the landscape changed somewhat in 2018 with many lenders choosing to raise rates despite the RBA keeping rates on hold. This was partially attributed to the recent APRA crackdown on interest-only loans and the increase in the costs of borrowing funds in general. The Australian cash rate has been historically low for the best part of the past decade, with it flat-lining on 1.5 per cent since August 2016, due in part to the continued world economic contraction that started with the GFC. Over the past few years, numerous commentators have attempted to forecast the moment when the cash rate would move from its historic low, but most have been wrong. Last year, for example, with the economy improving via jobs growth and significant infrastructure spending, many forecasted that the RBA would up the cash rate in 2018, which has proved to be incorrect. With property prices in our two largest capital cities softening while the economy kicks up a gear; however, whilst inflation is strengthening somewhat, it is still at the bottom end of the two to three percent target range, making it unlikely that official interest rates will change any time soon.