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Sunshine Coast update
Topic Started: 31 Jul 2015, 01:09 AM (3,401 Views)
peter fraser
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Sunshine Coast Update.

The Sunshine Coast is a sleepy stretch of the coast north of Brisbane that has some very attractive beachside towns and some pretty good surf beaches.
The are was hit very hard after the GFC as it relies heavily on tourism for it's ;local industry.

Lets see how the main centres are going.


Noosa has come back very well.
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Coolum is coming back strongly.
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Maroochydore is growing strongly
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Buderim is improving.
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Mooloolaba is growing strongly
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But Caloundra is still struggling to recover
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Attached to this post:
Attachments: Noosa.png (26.24 KB)
Attachments: Coolum.png (25.79 KB)
Attachments: Maroochydore.png (25.94 KB)
Attachments: Buderim.png (26.41 KB)
Attachments: Mooloolaba.png (24.99 KB)
Attachments: Caloundra.png (25.42 KB)
Edited by peter fraser, 31 Jul 2015, 01:21 AM.
Any expressed market opinion is my own and is not to be taken as financial advice
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The Whole Truth
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peter fraser
31 Jul 2015, 01:09 AM
Sunshine Coast Update.

The Sunshine Coast is a sleepy stretch of the coast north of Brisbane that has some very attractive beachside towns
Are you shitting me peter? The sunshine coast is a sprawling tourist hangout (over a quarter million people) that has some of the highest unemployment and crime rates in Australia. It's druggo central.

a sleepy stretch of the coast? attractive beachside towns? In your dreams.
"Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works." John Stuart Mill
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peter fraser
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The Whole Truth
31 Jul 2015, 03:01 AM
Are you shitting me peter? The sunshine coast is a sprawling tourist hangout (over a quarter million people) that has some of the highest unemployment and crime rates in Australia. It's druggo central.

a sleepy stretch of the coast? attractive beachside towns? In your dreams.
There are some bright tourist centres but IMHO most of it is sleepy.
Unemployment is 7% which is higher than the national average.

The central issue for discussion though is the rising prices of homes that in most centres have surpassed their previous highs.

Any expressed market opinion is my own and is not to be taken as financial advice
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Bardon
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It looks like the sun is shining once again on the sunny coast.
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peter fraser
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Bardon
31 Jul 2015, 09:27 AM
It looks like the sun is shining once again on the sunny coast.
still some cheap units for sale in some areas.
Any expressed market opinion is my own and is not to be taken as financial advice
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The Whole Truth
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peter fraser
31 Jul 2015, 09:26 AM

Unemployment is 7% which is higher than the national average.

The central issue for discussion though is the rising prices of homes that in most centres have surpassed their previous highs.

Well then why didn't you simply state that in the beginning instead of making a sales pitch that it was
" sleepy hollow" by the ocean. the central issue should have been up front, and in the title.

But don't bother editing it, you'll end up a choking on all the grammatical errors :lol
I admit I didn't see them on the first read and I'm not picking on you for them, we all make typos.
"Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works." John Stuart Mill
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Bardon
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peter fraser
31 Jul 2015, 09:51 AM
still some cheap units for sale in some areas.
Yes and shit loads of holiday homes for sale. A colleague bought a shack on Sunshine beach in 2010 and has just finished a major reno. He uses it as weekend retreat and doesn't have an aggressive investment strategy either. His view is that its all long term and there are still lots of unwanted holiday homes that might hit the market if sales start moving but after that second wave of supply is taken up there should be growth again at long last.
Edited by Bardon, 31 Jul 2015, 10:51 AM.
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ThePauk
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My APM pdslive data has a different set of numbers when viewed not as Years but quarters. 2015 is not a whole year, doh!
Fail Peter....

Coolum Beach
Posted Image

Noosa Heads
Posted Image

Maroochydore
Posted Image

Buderim
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Caloundra
Posted Image
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miw
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The Whole Truth
31 Jul 2015, 03:01 AM
Are you shitting me peter? The sunshine coast is a sprawling tourist hangout (over a quarter million people) that has some of the highest unemployment and crime rates in Australia. It's druggo central.

a sleepy stretch of the coast? attractive beachside towns? In your dreams.
Everywhere in Australia is druggo central these days. Sad fact of life. Like all the nice areas along the coast it has its share of dole bludgers.

But stay away from Noosa and Maroochydore and it is definitely sleepy and the crime rate is well below the national average.
The truth will set you free. But first, it will piss you off.
--Gloria Steinem
AREPS™
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peter fraser
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The Whole Truth
31 Jul 2015, 10:38 AM
Well then why didn't you simply state that in the beginning instead of making a sales pitch that it was
" sleepy hollow" by the ocean. the central issue should have been up front, and in the title.

But don't bother editing it, you'll end up a choking on all the grammatical errors :lol
I admit I didn't see them on the first read and I'm not picking on you for them, we all make typos.
Seriously give it up, you're just whinging for the sake of whinging.

I posted graphs on house prices, why would you think that it was about anything other than house prices.
ThePauk
31 Jul 2015, 11:01 AM
My APM pdslive data has a different set of numbers when viewed not as Years but quarters. 2015 is not a whole year, doh!
Fail Peter....

I have to admire the way that you seamlessly cherry pick the time frames of every graph to suit your argument.

How do you sleep at night?
Edited by peter fraser, 31 Jul 2015, 12:14 PM.
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