Causes for increase in rental in Caloundra, Queensland, Australia

Queensland, Australia is popular for its vast beach, entertaining weather, and it is also one of the popular business centres. Naturally, since the recent past Queensland has witnessed an enormous influx of people. It is estimated that by 2036, the population in Queensland is expected to reach 4.9 million. With the fast-growing demand for land, the government has taken up plans for urbanization of Caboolture and Caloundra corridor. In fact, there has been a tremendous growth of real estate in these two places. With the continued demand for real estate properties, there has been a considerable increase in Caloundra real estate rentals.

caloundra real estate rentals

Increase in demand for accommodation:

Of course, in general there have been tremendous prospects of real estate rentals Sunshine Coast wide. The increase in real estate in Sunshine Coast is partly attributed to the increase in the number of tourists visiting the various beaches in the Sunshine Coast. With the increase in the number of tourists, several hotels, service apartments and resorts have come across at various popular beaches of the Sunshine Coast. Yet, supply continues to fall short to meet the demand for accommodation from the large number of tourists visiting the Sunshine Coast.

Services of real estate agency:

Finding suitable Caloundra real estate rentals can be a daunting task. Therefore, in such cases you will have to avail the services of experienced and trusted real estate agents Sunshine Coast has. You should make sure the real estate agent has thorough knowledge on the various properties available for rental and also the prevailing rental pattern in Caloundra and in adjacent cities and towns.

Prevailing rental pattern:

It is needless to mention that Caloundra real estate rentals depend on the type of accommodation, location of the property and various other factors.  For example, the rental quoted on Arthur Road, which is about five minutes walk both from the beach, and town is $480 per week. Similarly, in Bulcock Street the rental is $330 per week. If you stay for a longer duration, then the owner of the property may offer a reasonable amount of discount.

Discuss with the owner:

When you find real estate Sunny Coast properties, you should tell the agent about your budget and the type of accommodation required by you. This will help the real estate agent to find an accommodation that suits your specific requirement. On the other hand, you should also insist on the real estate agent to arrange for a meeting with the owner of the property. This gives you an opportunity to bargain on the rental. This helps you to save a considerable amount of money.

Go through the terms and conditions:

Apart from this, you should also inspect the property and also find out the various facilities available in the accommodation. For example, if you have a person who is on wheelchair, then you must ensure the accommodation has enough facility for the use of a wheel chair. Similarly, some of the owners of property may not allow smoking inside the accommodation. In short, before you shortlist the accommodation, you should go through the terms and conditions imposed by the owner of the accommodation. In addition to this, you should also discuss the service charges payable to the real estate agent. After satisfying yourself on all these issues, you may shortlist the rental accommodation.

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