I have a dear friend living in Canungra who was looking for a buy-to-let property there. Of course, he was not aiming for the top spots, still, I remember him having to look nearly for a year until he found a suitable place. Supply and demand as someone said, but patience is involved also.
This reply was modified 8 years, 1 month ago by andrew_r.
If you can predict the future trends, it makes perfect sense to do so. If you do not, then stick to professional advices, or you risk losing some of your money.