Barbie Whitworth shares insight on why investors should consider the Sunshine Coast.
The Sunshine Coast has become a hot go-to destination for the savvy investor. With the phenomenal population growth and rising prices in the Vancouver market many buyers are moving out in all directions. One of those destinations is the truly beautiful Sunshine Coast of British Columbia where the still affordable prices, the natural beauty, the friendly people and the wholesome small-town feel are creating a powerful pull.
For the investor, there are two key reasons that investment dollars are shifting to the Sunshine Coast. Firstly, although on a gradual increase, housing prices are still very affordable with an average 3 Bed/2 Bath family home attainable under $600,000. Secondly, the present rental situation is very tight with availability at less than 1%. Over the past months investors have been purchasing and then tenanting homes offering opportunities for renters to find accommodation while at the same time holding those properties for the future growth that is highly anticipated.
On a different note, the investor looking for development land, active marinas, and hotel/motel will find numerous opportunities available.
We are happy to speak one on one with investors who would like more information on the Sunshine Coast Opportunities.
Real Estate Broker
Coldwell Banker Marquise Realty
Office: 604 747-2222