06/02/2020
"Right-sizing"..........more than just a buzz-word. Looking back over my sales for the previous 12 months in the apartment, townhouse and unit market on the Sunshine Coast, certainly reinforces the article below in regard to buyer sentiment. There was not one single group of buyers that dominated my transactions. Sales were essentially spread evenly across the downsizers/active retirees, professionals/entrepreneurs, young families/first home buyers and residential property investors. Even investor buyers are following the trend toward purchasing properties that better suit peoples busy lifestyles and where general property maintenance (read lawns, gardens, swimming pools) are looked after by a Body Corporate affording more opportunity for residents to explore and enjoy living on the Sunshine Coast.
Low maintenance properties with houselike proportions are in demand according to Knight Frank's Rightsizing - Australian Prime Residential Insight 2020 report.