Article by My Weekly Preview, Fri 10th Jan 2014
Sunshine Coast investors, property owners and those interested in the local real estate market will be treated to a free seminar later this month with property expert Michael Matusik.
My Weekly Preview and AR Developments are hosting the Property Insights Seminar in something of a coup for the region. Michael Matusik is one of the country’s most respected property experts and advocates, and his opinion and insights are called on by private investors, consultants, property developers and the media. A leading analyst with more than 25 years’ experience, Matusik offers project advice, advocacy and market analysis, and is a sought-after speaker. His Matusik Missive blog is the go-to weekly update of all things property.
As a highly respected speaker, Matusik is offering Sunshine Coast locals a rare opportunity to hear his insights free of charge. He will be speaking at Maroochydore Surf Club on Tuesday, January 21.
Those attending will be treated to Matusik’s understanding of the market and how property will fare in 2014. Attendees will also find out what a property cycle is and where our local market is in that cycle. Matusik will speak about the property clock, which documents the peaks and troughs, upswings and downswings of the property cycle, and where the major city and regional markets – including the Sunshine Coast – are on that clock.
Matusik will also share his insights into factors such as the change of government and demographic movements like Australia’s ageing population, as well as financial considerations such as low interest rates and how they impact the property market.
According to Matusik, due to an increasing population combined with an undersupply of housing, supply just can’t keep up with demand on the Sunshine Coast. If you are a buyer, a seller, an investor or are thinking of buying into the Sunshine Coast, what this means for our region and for you will be explained.
If you are interested in attending the free event you will need to register, as places are limited. Head to myweeklypreview.com.au and click on the ‘register now’ link.
Michael Matusik in his final Matusik Missive blog post of 2013:
“After several years of consolidation and the chatter of ‘green shoots’, the signs are now positive. Queensland property owners can look forward to a much stronger 2014. 2014 should see more sales. In Queensland – and despite the difference between the current price and maximum borrowing capacity – it still will remain largely a buyer’s market. Sellers will make fast sales if they meet the price expectations of buyers. The price should be higher during 2014 than 2013, but maybe not significantly so…
“Jobs, wage growth and, importantly, housing credit will determine the strength of the 2014 Queensland residential market…
“In our opinion, those thinking about buying Queensland property should get a wiggle on; just be pretty careful about how much you pay.”
AR Developments project Aspect North is a 67 townhouse development located in the stunning, master-planned community of Brightwater in the Kawana area, just 7 minutes west of Mooloolaba beach. Check out the project here.