Average price trends
900,000
Jan
939,000
Feb
870,000
Mar
What are the property taxes in Sunshine Coast and are there any other ongoing costs I should consider?
In the Sunshine Coast, property taxes, specifically council rates, vary based on property type and location, usually ranging from $ 1,200 AUD to $ 3,500 AUD annually. Additional costs include water charges, depending on usage, with an average annual bill around $ 1,400 AUD. Maintenance, insurance, and potential body corporate fees for apartment or townhouse owners should also be considered. Visit sunshinecoast.qld.gov.au for specifics.
What types of upfront costs and fees will I have to pay when purchasing a property in Sunshine Coast?
When purchasing property in Sunshine Coast, upfront costs typically include stamp duty, pest and building inspections (approximately $400-$ 600 AUD), legal fees (around $1,000-$ 2,500 AUD), loan application fees (varies), and bank charges for mortgage registration and transfer fees. It's also wise to consider the cost of lenders mortgage insurance if your deposit is less than 20%.
How does the Sunshine Coast property market compare to ther regions in the Australia?
As of the final data of 2023, Sunshine Coast's median house price is around $ 815,000 AUD, which is higher compared to Hobart's median of $ 600,000 AUD but lower than Sydney's, which stands at approximately $1.3 million AUD. This reflects the Sunshine Coast's modest position within Australia's diverse property market landscape. Prices can vary greatly based on specific locations and amenities.
How competitive is the Sunshine Coast property market?
The property market in Sunshine Coast, Queensland, Australia is highly competitive. As of the latest data, the median house price reached $ 820,000 AUD, reflecting substantial growth. Popular regions like Noosa have witnessed record price increases, making property acquisition increasingly challenging for buyers. Demand for coastal and lifestyle properties continues to surge, intensifying competition.
