On the Move: Sunshine Coast dwelling sales remained stable over the year, up just 0.6 per cent over the 12 months to February 2015. Over the year to March 2015, house values rose by 6.3 per cent, or in dollar terms $29,945 to $508,148 and unit values were up $16,680 (4.7 per cent) to $370,910. Other key measures of the health of the residential property market have also improved over the past year. Rental rates have risen by 4.5 per cent for houses and 5.7 per cent for units, an incentive for potential investors, plus the average time on market has reduced and vendors are discounting their properties by less in order to secure a sale.
Facts you can not ignore:
1% higher than one year ago, and 22% above the five year average for the region
63% house sales / 37% unit sales
Median Value Increase Year to Mar 2015
Houses 6.3% / Units 4.7%
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