It has been over 100 years since holidaymakers first started arriving in the coastal haven of Caloundra. Drawn to the beautiful beaches and stunning scenery, the first visitors enjoyed the fresh sea air and slower pace of life. Since then, generations of families have spent their holidays in the area, frolicking in the surf and exploring the landscape.
In fact, Caloundra remains the Sunshine Coast’s daytripper hot spot, welcoming more visitors than any other town on the coast. This is in no small part thanks to its proximity to the city, with Brisbane’s CBD only 90km South. This makes it the southernmost town on the Sunshine Coast and a key gateway to the region.
Despite significant development over the last few decades, Caloundra still retains much of its quiet charm. Many of the local streets are wide and lined with Cyprus Pines, and many local properties are traditional in style. The local culture also has a strong focus on the surf, with most public meeting spaces built around the beach.
That said, Caloundra has also become known for its many attractions and year-round calendar of events. Here you can explore the pristine waterways of Pumicestone Passage or spend a day at the Aussie World theme park. There’s also the annual Caloundra Music Festival – a three-day celebration of sun, surf, and soul – and the Queensland Air Museum.
More recently, Caloundra has started to be recognised as an ideal location for a more permanent move. Young families, in particular, have begun seeing the potential for a more relaxed lifestyle and a more affordable property. This appeal is being further bolstered by the emergence of a thriving café, art, and boutique shopping scene.
But buying property in such a well-known and much-loved location is usually far from a laidback experience. This is particularly true for investors, with the hot competition making it hard to find any real bargains. However, there are still opportunities aplenty in Caloundra – you just need to know where to look.
Luke and Julian each have over 20 years of property investment experience.
There is something for everyone in Caloundra. While it is a relatively small market, it offers a surprisingly diverse selection of properties and investment opportunities. However, this can make it hard to pick the best option – which is where a good buyers agent can help.
When considering investing in the Caloundra property market, it is important to be clear on your goals. Once you are, you can use this to refine your search criteria and assess the suitability of each option.
For example, if you want to maximise your rental returns, it would be best to focus on finding a townhouse. In Caloundra, these are often in short supply but tend to be more affordable and can produce yields exceeding 4.5%. They have also seen significant capital growth over the last couple of years, making them a good all-round investment.
Alternatively, if you are looking for maximum capital growth, a quality family home could be the best target. These properties have seen a major spike in values recently and will continue to be in high demand. They also have solid rental appeal, though yields tend to be closer to the 4% mark.
Whichever option you choose, location is key. As you would probably expect, the closer to the beach, the better – and even better if the property has views. Proximity to the ocean is
There are many reasons you may choose to work with an experienced buyers advocate to secure your next investment property. Maybe you are a first-time investor and need help navigating the process. Maybe you do not have the time to do your own research or are unfamiliar with the location. Or maybe you just appreciate the value a property market expert can provide.
Whatever your reasoning, Search Party Property can help. We are truly passionate about property and specialise in taking the stress out of the investment process. As part of this, we will manage everything for you and guide you every step of the way.
To start, we will work with you to understand what you want to achieve through property investment. This will give us a clearer picture of who you are and where you are hoping to get to. It will also help us develop a tailored investment strategy and a plan for your next purchase.
Next, we will research properties that match your plan and goals. In doing this, we will review key market stats and analyse current – and future – performance. We will also check things like demographic changes and local development plans and assess the area’s potential for growth.
Based on this, we will provide you with a shortlist of what we believe are your best investment opportunities. We will also explain why we have chosen each and provide you with easy-to-read reports that summarise our research data. At this point, all you need to do is pick the property that most interests you.
From there, we do the due diligence for you, organising building and pest inspections and reviewing the sales contract. If everything checks out, we will help you put together an offer and go into bat for you at the negotiation table. And, once the property is yours, we will guide you through getting it ready for the rental market.
Getting into property investing really could not be easier when you work with Search Party Property. For more information on our process, or to arrange your complimentary investor consultation, contact our friendly team today.