Need help buying property on the Sunshine Coast? Find a trusted buyer’s agent to help you purchase your dream home.
The Sunshine Coast is one of the most naturally beautiful regions anywhere in Australia, boasting lush rainforests and an array of stunning beaches. With such impressive scenery on offer, combined with a laid-back lifestyle, it’s no surprise that the region is so popular with Queensland home buyers. In fact, according to data from the economy.id, the median house price on the Sunshine Coast is now $550,000.
So if you’re looking for a way to save money when buying a home on the Sunshine Coast, or searching for ways to gain a competitive edge over other home buyers, you might want to consider hiring a buyer’s agent.
A good buyer’s agent can help you find the most suitable property at an affordable price, so let’s look at how to choose a buyer’s agent on the Sunshine Coast.
How do I choose a buyer's agent?
If you’re looking for a Sunshine Coast buyer’s agent, don’t simply choose the first licensed agent you come across. Instead, you should research and compare several prospective agents, ask the right questions about the skills they bring to the table, and seek out proof of their qualifications and experience.
What fees does a buyer's agent charge?
How much do Sunshine Coast buyer’s agents cost? Costs vary depending on the fee structure they use:
- Some agents charge a flat fee that could be anywhere from $5,000 to $15,000 depending on the level of service you select.
- Others charge a fee which is calculated as a percentage of the property purchase price, with most fees falling in the range from 1% to 3%. So if you purchased a Sunshine Coast property at the median price of $550,000, you could pay anywhere from $5,500 to $16,500 in fees.
You should also be aware of when your agent requires payment. While some buyer’s agents will only charge you once you have found and purchased a property, others require a smaller upfront payment when you first engage their services.
Learn more in our in-depth guide to buyer's agent fees and commission rates
How much does it cost to buy a property on the Sunshine Coast?
The Domain Group’s House Price Report for the December quarter of 2016 revealed that the median house price on the Sunshine Coast had risen to $550,000, a 4.4% increase over the previous year. $550,000 is undoubtedly a substantial amount of money, and it also makes it harder to buy property on the Sunshine Coast than in many other Australian capital cities.
With this in mind, it’s well worth considering using a buyer’s agent to help you find your next property. This gives you the opportunity to enjoy substantial savings off the property purchase price, and also provides a critical advantage in a crowded property market.
Popular suburbs on the Sunshine Coast to buy property in 2017
Median sales price: $433,750
This Caloundra suburb sits to the north-east of the CBD and boasts a laid-back coastal lifestyle. The median sales price of $433,750 has fallen 7.6% in the past 12 months.
Median sales price: $375,000
Sandwiched between Maroochydore and Mooloolaba, Alexandra Headland is home to a beautiful beach, a Surf Life Saving Club and several restaurants. The median sales price of $375,000 has increased 3.4% in the past 12 months.
Median sales price: $349,000
Another of Caloundra’s northern suburbs, Dicky Beach boasts an enviable coastal location and affordable housing options. Its median sales price of $349,500 increased 9.2% in the past 12 months.