It’s been a great start to the year for the Sunshine Coast real estate market and we’re delighted to share that our luxury apartment developments – Latitude Coolum Beach and Elevate on Buderim – have now both sold out.
Our Elevate residents in Buderim have all settled into their beautiful new homes, while Latitude Coolum Beach is nearing completion and we’re expecting to hand over the keys to our new residents in coming weeks.
These proud new owners are joining a surge of buyers entering the market and as supply is becoming extremely limited, prices are being pushed up across the Sunshine Coast.
Domain senior research analyst Nicola Powel reported Sunshine Coast December 2020 statistics showed the steepest annual jump since 2008 with unit prices soaring by 7 per cent to an average $449,500 in the last year.
Buyers are seeing great value in Sunshine Coast living and Latitude Coolum Beach and Elevate on Buderim have provided just that, with beautiful luxury boutique apartments in sought-after locations.
North Shore Realty Sales Consultant Ben Thomson said Latitude Coolum Beach buyers have all come from different parts of Australia whether locally or interstate, hand-picking Coolum as their desired lifestyle destination.
“Lifestyle is an obvious big factor driving our market at the moment – the country has finally woken up to know how good we have it!” Ben said.
“We have a couple interstate buyers who plan to relocate within the year or two but it wasn’t a decision they have just made – they’ve been thinking about making the move for quite some time now.
“I don’t think it’s a coincidence with our location and the product that has been delivered that owner-occupiers made up the majority of enquires we received.”
Latitude Coolum Beach’s seven luxury apartments include one penthouse with impressive ocean views, and are just a stone’s throw away from the beach and vibrant Coolum Esplanade.
In the heart of Buderim, Elevate also has seven boutique apartments including two expansive penthouses, as well as two retail spaces.