Best buys: Suburbs property experts would splash cash
Whether you're looking to buy waterfront, rural or in the mountains, here's your guide to where the property experts would splash their cash.
Terry Ryder, Hotspotting founder
Top picks: Currimundi for coastal, Nambour for rural
Mr Ryder said Nambour was "very underrated" given its infrastructure, services and proximity to rail.
He said the suburb was ideal for first home buyers or people who wanted to enter the Sunshine Coast market.
"The plan to have a uni campus in the centre of Nambour will also inject a bit more life into those commercial and retail precincts," Mr Ryder said.
He said Palmwoods was also experiencing a "big uplift" in sales.
Closer to the coastline, Mr Ryder said anywhere between Maroochydore and Caloundra that was within walking distance to a school, shops and other infrastructure was a good buy.
"I like the prospects for the southern section of the Coast … particularly with what's happening in the new CBD and areas around the medical precinct," he said.
"Currimundi is one that springs to mind that's affordable and has good proximity to services."
Jason Andrews, Ray White Queensland CEO
Top picks: Alexandra Headland for coastal or Beerwah for rural
Mr Andrews said Alexandra Headland and the central Sunshine Coast suburbs had always experienced "excellent capital growth".
He said it would be exciting to watch Alexandra Headland and surrounding coastal suburbs as work progressed on the Maroochydore city centre.
Mr Andrews said plenty of buyers are looking for larger properties as a result of the COVID-19 pandemic, making suburbs west of the highway more attractive.
"West of the highway has been undervalued, and I think this year it will realise its value," he said.
"The 2032 Olympics is something well and truly on the agenda, but one of the missing things is the high speed rail link between the Sunshine Coast and Brisbane.
"Anywhere near that proposed rail line will be good value."
Antonia Mercorella, Real Estate Institute of Queensland CEO
Top picks: Aroona, Birtinya, Buderim, Maroochydore, Mooloolaba and Nambour
Ms Mercorella said the Sunshine Coast's popularity continued to soar but there were still suburbs with affordable property.
Based on areas with steady annual growth and solid long-term gains, Ms Mercorella recommended looking at Aroona, Birtinya, Buderim, Maroochydore, Mooloolaba and Nambour.
"It's important that you're able to find a property that is investment grade," she said.
"That is, when you're considering purchasing a property as an investment, rental returns and capital growth are the two key factors to keep top of mind.
"As a general rule, houses tend to generate better long-term capital growth, while apartments tend to generate better rental returns.
"However, much of this is dependent on the state of the property market and the economy. "Currently, a good area for investment is Maroochydore where you can still find some great properties in the $300,000-400,000 price range that would attract strong rental prices and offer solid yields.
"And with the area recording healthy annual growth at 8.6 per cent on the back of 33 per cent gains over the last five years, it's little wonder investors are moving in, so to speak."
Ann Lindner, Sunshine Coast Buyers Agent
Top pick: Maroochydore
Ms Lindner said Maroochydore still had value in a range of price ranges.
She said there were established units and townhouses for less than $400,000, providing an "excellent investment".
"They are within most tenants' rental budgets and close to transport/employment and night-life in the CBD," she said.
She said for those with seven figure sums to spend, there were new homes in Sunshine Cove that were within a 10 minute walk to the river and Sunshine Plaza.
Ms Lindner said she had watched Maroochydore since Sunshine Coast Council approved the new city centre.
She said already the area had several restaurants and other entertainment to attract crowds and employment.
"Think if this development was in Brisbane or Sydney, how expensive any real estate close by would be," Ms Lindner said.
David Berns, David Berns Realty
Top picks: Doonan for rural, Castaways or Peregian Beach for coastal
Mr Berns said Doonan's median price has increased to $1.25 million and in his 20 years in the industry he had never seen such high demand for the suburb.
"We are having record sales regularly … it's amazing what's happening," he said.
Buyers are mainly from Brisbane or Noosa and were too quick for those from Melbourne and Sydney to even get a look in.
"Doonan was the highest holding suburb in the Global Financial Crisis," he said.
"It's so popular because it's close to Noosa, and people are realising they don't want to live right next to each other."
Mr Berns said there was limited stock because some people who wanted to sell worried they wouldn't find another home or rental in the tight market.
Mark Dunlop, Keyline Realty business co-ordinator
Top picks: Nambour, Yandina
Mr Dunlop said he believed Nambour provided the best value within the Coast's property market.
"There was once a stigma about the town but as the new generation starts to buy into the town and make it their own the town is changing for the better," Mr Dunlop, who purchased property in the area last year, said.
Mr Dunlop said he particularly liked the Reimagine Nambour project, aimed at giving its main streets a facelift.
"Nambour is a thriving area, but the main street doesn't reflect that, so anything that improves that would be fantastic," he said.
He said Yandina and Palmwoods were also suburbs that had experienced growth in property demand.