2024 Property Outlook: Sunshine Coast suburbs to watch

One of the predominant property trends of the Covid era was a mass exodus from Australia’s largest cities to the regions. From 2020-2022, capital-regional migration was 15% higher than the two years before the pandemic, which in turn led to strong gains for markets like Central Coast and Sunshine Coast. Since then though, this has somewhat reversed. The biggest performers in 2023 were the likes of Sydney, Perth and Brisbane, while regional areas were more subdued. As far as the attraction of the Sunshine Coast goes though, nothing has changed. It remains the most popular destination for Aussies leaving the capitals, with a 16.7% share of capital to regional migration over the year to the September quarter, according to the CommBank/Regional Australia Institute Regional Movers Index.

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