Dynamic year for Sunshine Coast

Here's a snapshot of the key trends and insights from the quarter.

Auction success rates fluctuated over the quarter, peaking at an impressive 91 per cent in November before dropping to 78 per cent in December. Despite the holiday slowdown, the quarter ended strong, with an 84 per cent success rate.

Competition among buyers intensified, with an average of 2.88 bidders per auction, up from 2.48 last quarter. Buyers paid on average 4.42 per cent more for the property when compared to the highest pre-auction offer.

The team conducted a total of 5,847 property inspections this quarter, with November being the busiest month.

Auctions remained the preferred method for buyer engagement, with 3,638 inspections compared to 2,157 private treaty viewings. On average, each auction property attracted approximately 28 inspections, highlighting strong buyer interest.

The team held 2,127 open homes, showcasing a high level of activity despite the seasonal slowdown in December.

Private treaty transactions experienced a slight decline month-on-month, with 31 sales in October, 28 in November, and 20 in December. However, December sales moved faster, with properties averaging just 15 days on market, down significantly from 37 days in the previous quarter.

The private treaty success rate climbed to 82 per cent, a notable improvement from the previous quarter’s 72 per cent, reflecting strong demand and decisive buyer action.

Local buyers dominated the market, accounting for over 60 per cent of purchases, with strong activity from Sunshine Coast residents.

Brisbane buyers represented 20 per cent of transactions, particularly active in November and December.

Interstate buyers from New South Wales and Victoria made up around 10 per cent, while regional Queenslanders rounded out the remaining seven per cent.