Having a property on the Sunshine Coast is one of the most flexible investment pieces that you can have as part of your portfolio. Whether you want to move in yourself, or just have it as an asset, it’s going to be tremendous for you — providing that you play your cards right. The following are some of the things that you can do with a property on the Sunshine Coast.
Rent it out
It’s not going to be difficult for you to find renters on the Sunshine Coast, as this is one of the most beautiful parts of the country, with just the right balance between modern conveniences and natural beauty. As the area grows and develops, there will be more and more people looking for rental accommodation, making any property up here worth quite a large sum of money.
Run a B&B
As tourism continues to grow, there will need to be an increase in the amount of accommodation options available if the area is going to be able to make the most of the outside interest. B&Bs are always popular and will certainly make a good investment.
Use it as a holiday home
Rather than pay for holiday accommodation every time you go away, having your own place will mean that you can leave it all set up and not have to save up to go each time, allowing you more flexibility in terms of when you use it for. If you’re leaving it unattended for long periods of time, you can always have friends house-sit from time to time, or perhaps rent it out during those periods.
Start a hostel
If you are the go-getter type and are looking for a new line of work, you can easily turn your home into a small hostel and provide a quality accommodation option. A lot of people are willing to pay a little more money to stay in a cleaner and cosier place, so do your place up nicely and you’ll be ready to open for business.
Do a house exchange
Even if you aren’t wild about your Sunshine Coast real estate, chances are that other people will be, so you can use it to swap with other people’s home through house swaps all over the world. House swaps are a fantastic way to get to live in another country without having to pay huge accommodation costs, and when you’re done swapping around, you can always just settle back in at your place.
There’s no better place in Australia to retire than the Sunshine Coast. Once you finally finish up with your working years, you’re going to want somewhere beautiful, friendly and comfortable to retire, and that is exactly what you’ll get here. Close to large medical facilities in the city of Brisbane — but far enough away from the large centres that you can start to unwind — having a place on the Sunshine Coast will give you the perfect spot to start your transition into retirement.
Owning property on the Sunshine Coast is an extremely safe investment in these turbulent economic times, so make sure you get yours while there are still some left to get.