The Sunshine Coast off the plan new apartment market extends sales volumes while available supply dwindles.
The six months to September 2022 saw an impressive level of off the plan apartment sales across the Sunshine Coast, with 315 new apartment sales being reported.
Many projects are reaching sell out, with final sales volumes slowing, however this has been more than offset by strong performance in new projects such as ‘Hof’ at Noosaville and ‘The Corso’ at Maroochydore, which together, accounted for 45% of recorded sales over the past six months.
75% of current new supply is now under contract and only 322 apartments remain available for sale, paving the way for additional supply to enter the market.