According to statistics released by the Australian Bureau of Statistics and published by the Real Estate Institute of Australia, roughly 16, 573 estate agents do business in the state of Queensland, working for 9,199 real estate establishments.
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Modern real estate in the Sunshine Coast
The 2016 census found that the Sunshine Coast is made up of 108,604 occupied private dwellings. The majority of these (73.6%) of these are separate houses, with 12.5% and 11.9% of these being semi-detached houses and flats or apartments respectively.
Real estate experts believe that the Sunshine Coast’s property market is showing signs of an upward trend, thanks to a wave of interstate migration from bigger cities.
Home values climbed more than 7% in 2017, according to property analytics firm CoreLogic, and the allure of a more laidback lifestyle is seeing many prospective buyers flock to coastal regions.
Commission structures in the Sunshine Coast can be divided into fixed or tiered commission, according to the terms that are negotiated with the agent. The agent commission rate in the Sunshine Coast also varies from town to town – it is 2.86% on average in Caloundra, for instance – but commission rates may vary across the board.
Before the was tourism, there was timber
“As I travel around the country I am seeing something new emerging across regional Australia. It is a new way of doing things, taking the great traditions that made the bush what it is today and blending it with the new. There’s innovation, new technology and new potential, it’s almost as if there’s a quiet revolution going on. Some people call it the new bush.”
– Lee Kernaghan
The Sunshine Coast is the third-most populated area in the state of Queensland. It’s difficult to believe today, but this area wasn’t always the tourist hub we know. Before the tourists and creatives came, the Near North Coast – as the Sunshine Coast was referred to before the name was officially changed in 1966 after 8 years of deliberation – was instrumental in developing the infrastructure of nearby Brisbane, thanks to the wide array of timber found in the region. Everything from beech, bunya, bloodwood, tallow-wood, red cedar and kauri pine was available to build railroads, fences, houses and many other key features of infrastructure.