Luxe Coastal Property Buyers

In this episode of Living Your Luxe Life, Christine Mount Founder & Principal of Luxe Coastal Property Buyers interviews Carolyn Jensen, Principal of Luxe Property Management. With nearly three decades of experience in real estate and property management, Carolyn shares her expertise in managing rental properties and shares insights into the profile of Investors in the vibrant Sunshine Coast property market, including holiday rentals, short-term lets and short (3 months) to medium (9 months) term furnished rentals.

Key insights include:
  • Tenant and Investor Profiles: Carolyn discusses trends, such as the continued influx of families from New South Wales and Victoria, drawn by lifestyle changes and proximity to renowned schools like St. Andrew’s Anglican College, Matthew Flinders and Sunshine Coast Grammar.
  • Market Dynamics: Despite claims of a rental market slowdown, Carolyn highlights ongoing demand and competitive vacancy rates below 1%, emphasizing the importance of quality tenant selection.
  • Investment Opportunities: From high-yield properties in suburbs like Caloundra to lifestyle-focused investments in Noosa, Carolyn provides insights into maximizing returns across diverse Sunshine Coast locations.
  • Rental Management Strategies: She covers the pros and cons of holiday rentals versus long-term leases, touching on legislative nuances and the importance of property presentation and tenant relations.
Carolyn also shares her personal favourite local "hidden gems", from dining spots like Bang Bang in Noosa to activities like biking along scenic trails. Whether you're an investor, tenant, or local enthusiast, this episode offers valuable perspectives on the Sunshine Coast's thriving property scene.

What is Luxe Coastal Property Buyers?

Living your Luxe Life on the Sunshine Coast.
We have conversations with people who have found “home” on the Sunshine Coast & explore how they connect home with lifestyle & community.
As Property Buyers Agent we also discuss the macro economic factors impacting economic growth & property growth & where we are in the property cycle.
We overlay local market nuances of different sub markets from Noosa Heads to Maroochydore, to the Hinterland.
I hope you enjoy the series Living Your Luxe Life.

Speaker 1:

Hi. I'm Christine Mount from Luxe Coastal Property Buyers with our podcast, Living Your Luxe Life. Today, I have a property expert with me, Caroline Jensen for Luxe Property Management. Today, we're gonna ask all those burning questions that investors typically ask as they move to Queensland to allocate their funds or consider moving up here for a lifestyle investment as well. Welcome, Caroline.

Speaker 2:

Thank you. It's lovely to be here.

Speaker 1:

It's so great to actually meet you on the podcast. We've been speaking about this a long, long time. But for our listeners, you actually have really strong credentials in this space. 29 years experience in property management and real estate. Ten times an Airbnb super host and 5 star rated property manager.

Speaker 1:

You cover the region of Sunshine Coast from Noosa to Caloundra. Tell me a little bit about the woman behind LACS Property Management.

Speaker 2:

Absolutely. I, jumped out of high school straight into property management. So I've been doing it for a very long time. I love helping and seeing investors grow their portfolio. And it's about helping tenants as well.

Speaker 2:

Just gives me a kick. And I think property management is about communication mostly and solving problem. And that's something I really enjoy.

Speaker 1:

I would say out of any area in the real estate sector, it can be the most rewarding, but also can be the most challenging because of the emotional attachment to people's homes. Like, whether you're the tenant renting, it's still your home. And also, the investor, they also have certain criteria they need to meet. So it's a fine balance.

Speaker 2:

Absolutely. And you really have to work with the individual client, pending on where they sit.

Speaker 1:

And their personality types.

Speaker 2:

Absolutely.

Speaker 1:

So how did you actually make it to the Sunshine Coast?

Speaker 2:

We moved to the Sunshine Coast 17 years ago. We used to holiday up pier in Noosa, and who doesn't want to live where they holiday? 1 year, we went home to Sydney and said, let's just move. Hear about family and friends. They'll come and visit, which of course, they haven't as much as we thought they would.

Speaker 2:

But we did it within 3 months. We moved to Noosa. Loved it.

Speaker 1:

So what area of Noosa did you move to? Because Noosa is part of the shires kind of brought in.

Speaker 2:

We actually started in Tawantin. At the time, it was the only place we could get a 4 bedroom house to suit our family needs. Just working with the kids schooling as they got older, we wanted to be closer to the private school at Peridgen and that moved us to Peridgen.

Speaker 1:

So that's Saint Andrews. I think that's a really good segue to one of the questions I had actually for you. From a tenant perspective, what sort of profile of people, like, moving to the Sunshine Coast and renting? Or, you know, are your tenants?

Speaker 2:

Yeah. Absolutely. At the moment, we're seeing still a strong movement. People coming from New South Wales, Victoria. Generally, their families with younger children wanting 4 bedroom, 2 bathroom, with double lockup garage close to schools.

Speaker 2:

And one of the big draw cards has been Saint Andrews and Aglin College at Perugia.

Speaker 1:

They want to be closest Saint Andrews. What suburbs are they looking at sort of renting in?

Speaker 2:

A lot of families are wanting their children to be able to walk to school. So Pregene Springs has actually been a big draw card along with Regene Beach. But we're also getting a lot of interest right up to sun Sunshine and Sunrise Beach.

Speaker 1:

Because we do have a lot of families in Noosa Waters who have their children go to St Andrews, and they just jump on the bus and Absolutely. They're there. If you talk about people coming up from Victoria and New South Wales, is this still exceeding

Speaker 2:

pre COVID levels? Absolutely. Large number of our applications, I'd say probably 60 percent at the moment, are still coming. New South Wales and Victoria, another state. I think that's been surprising.

Speaker 2:

And it's also surprising for me

Speaker 1:

as well. That Victorian is still coming up here looking for a complete lifestyle chain. It sort of just wasn't during COVID. It's continued above and beyond that. And also, in the Sydney area.

Speaker 2:

And I think there's 2 different type of investors. You've got your long term that, obviously, are long term investors. But short term investors who want to retire and they're not quite ready for retirement.

Speaker 1:

So that would be for those type of investors, the short term that you may rent the property out for them 4 years before they actually move into the property. So would you typically then find them a long term rental or a short term accommodation?

Speaker 2:

Probably more a long term.

Speaker 1:

We're going to talk about the pros and cons of short and term, long term later. But I think that even really relevant to clients I have who are expats, typically, you'll find they're buying 4 years out before moving here. So you have to find the home that's going to suit their family at that point in time when they move out. But also, look at the rental, the actual economic factors. And often, we have discussion what's leading at first.

Speaker 1:

Is it the long term home that you're looking for? Or is it the rental returns? Because you look at properties slightly differently if you're just looking at

Speaker 2:

I think, yeah, we've got a lot of investors at the moment who are buying, looking at their 4 year plan. So they're buying, looking perhaps having teenage children where now they're younger.

Speaker 1:

That's really interesting that people are thinking about move making the move when the children are a little bit older. And again, it's for lifestyle. What what do the children do when they're at school here in their spare time? It's very, very different to the capital city.

Speaker 2:

It is. I'd like to think they hit the beach

Speaker 1:

a lot more. Yeah. And they hit the beach and their school, their activities after school are more club based. Don't they? Like volleyball or football rather than school based.

Speaker 1:

Yes. Rugby. But going a bit off track. But this is a really valid paint And I'd be curious to see your finding. We actually find people in the capital city, all their children go to the same school for convenient factor because it's so hard to get across town.

Speaker 1:

Whereas, when they moved to the Sunshine Coast, they actually choose the school that suits their child's requirement more. So one child might be an Andrews and have a really good musical as well as academic record. But then others feel like they're more suited to Matthew Flinders further down the coast. How do you find that?

Speaker 2:

Find look, they're still relatively close. So families can have the option of having children at different schools. And it's we don't have the major traffic like the city, and families are managing to do it. And there is transport to schools also. It's very good.

Speaker 1:

Yeah. It is. And I think that's really when people look at Google Map before they move up here, like, oh, the children are going to different schools. But, what we're actually finding when they actually move up here because the traffic isn't nearly so bad. The actual travel time or the buses work really well.

Speaker 1:

It's a

Speaker 2:

lot shorter.

Speaker 1:

How about we talk about market pulse investment trend? So true or false? SQM Research has just come out saying the rental boom is over. We're seeing moderated growth in rent to what we're seeing have seen in the past 4 years. That's on a national basis.

Speaker 1:

So how are you finding it, Sunshine?

Speaker 2:

I think rental values have definitely stabilized. But we had such a strong surge where rentals in some areas tripled such a short period of time. I don't see the rental boom being over according to our inspections and the application group. We're still seeing the numbers coming through. And I don't see a stop in that.

Speaker 2:

I'm getting calls daily from people in the state in move. If it's not now, it could be, you know, a year down the track. So I don't see any

Speaker 1:

So there's a real question at the moment to do supply best demand. And I think what finding, there still is a short supply of stock across the coast. And we have different pockets where they're building house and land. They're attracting people as well. And then there's different suburbs that have a will have a continued scarcity of land.

Speaker 1:

Just because it's already built built up. So where are you seeing the opportunities for, I suppose, more housing to be developed?

Speaker 2:

Aura, in Caloundra, obviously, is very active at the moment. And they've got the land to support that, where places like Noosa reaching its capacity. That's very different. A different market.

Speaker 1:

Are you finding that you might have an investor who will purchase a property in Noosa, as well as Caloundra, so up and down the coast?

Speaker 2:

Yeah. A lot of investors on our books at the moment who have properties in Noosa and Parisian are also looking to expand their portfolio in places like Kundera. We're definitely seeing an increase in investor.

Speaker 1:

That's really interesting. So the rentals that you're achieving at Loundra at the moment, what sort of range?

Speaker 2:

A a medium rental price at the moment is around the 6.40.

Speaker 1:

Or 4

Speaker 2:

bedroom? Probably more a 3 a 3 bedroom. One bed is, you're looking at close to $500 a week, and then upwards from there.

Speaker 1:

So I think that's where we're getting the high yield investments. So for a house, might be getting a yield 3.74% whereas the units around about 4 and a half pound in Cloundra. Whereas, you find in the Pergian Beach, the yield for a house might be sitting around the 2.9%, 3%. But they're they're coming in at a sort of higher entry point. Yeah.

Speaker 1:

Usually, over 1,000,000 mark. How are you finding vacancy rates

Speaker 2:

at the moment? Latest vacancy rates, 0.8%. At the moment, it's really about quality of applications. Medium applications at the moment coming in for each property around between 25 30 applications. But it's about siphoning through those applications on the quality occasions.

Speaker 2:

And we're finding out of that 25 or 30 applications, we may only select 5 of those to submit to our own.

Speaker 1:

So you really are the John West of the real estate world?

Speaker 2:

I'd like to think so. Yes. It's all about quality. It's about quality, not quantity for us. Definitely.

Speaker 1:

But that is still a lot of applicants per person. And the average time to rent those properties then from the time they're vacant to actually the tenant moving in, would you typically?

Speaker 2:

At the moment, average, I'd say 2 weeks. Pending the quality of the application and the style of property. Obviously, for your higher end properties, we're not getting 30 people through the door. But your median properties, that's where we're getting high in numbers. So it differs depending on the property type.

Speaker 1:

So would you say that you're more higher in homes that you might that average time to rent might sort of stretch out to 3 or 4 week because you've got less people in that category? It could do. Yes. But not all?

Speaker 2:

Yeah. It really depends. And again, it's about quality, not quantity.

Speaker 1:

What are what sort of selection criteria do you look

Speaker 2:

at when you look at these applications? Income is a big thing. But our number one thing that we look at really is in that rental history background. Not everyone has a rental history. And a lot of people have sold properties.

Speaker 2:

So what I like to say to them is, if you don't have that rental history, let us speak to the person that sold your property in Victoria or New South Wales. Have that chat. And we usually do a fair bit of investigation to where they've sold or where they've come from. So it's not always impossible for people who haven't had a rental history, but we do like to see that rental history where possible because it's really black and white for us when it comes to references. And then obviously, the income is a huge thing.

Speaker 2:

Another thing I say to our property managers is for me, I like to be at the inspection because it's about that gut feel of when you meet people and that first impression. I usually have made up that decision before leaving the inspection after meeting the people who my top five might be. That'd be based on the questions they're

Speaker 1:

asked about the property? Absolutely. My sister's very she reminds me a lot of you in property management 25 years. And she's actually just made the bales, but that's what she did all the time. She loved being at the open home inspection.

Speaker 1:

So she actually could I bought prospective tenants as well as then look at their credentials. And she learned more during that time than if she wasn't there.

Speaker 2:

Just looking at paper.

Speaker 1:

Yeah. And that's a really important thing to teach the team. Absolutely. You know, who who work, actually, learn those.

Speaker 2:

And at the moment, what I'm saying because we're getting a lot of questions from tenants. You know, how do I make my application stand out? And there are so many ways you can make your application stand out. The number one thing we say to them is reach out was if you haven't heard within, you know, 48 hours of applying for the property, reach out to us and have a chat. And it just gives that personal they've got 30 applications sitting on your desk.

Speaker 2:

Usually, someone calls you and has a chat, goes through their history and what they're after. Usually, pulls their application to the top when that conversation. Well, kudos to you for wanting to

Speaker 1:

have those conversations. Because I know some larger property management company or very electronic and I sort of forget that personal touch. Yes. Okay. Which I think this is an industry where you really need the person

Speaker 2:

doing. You need a broader understanding who your tenants are. You need to be able to relay that to your investors as well. So they couldn't with who you'll select going to their property.

Speaker 1:

In Queensland, are you allowed to pay more than the 1 month rent up front? Like, if you don't have that rental history, are they allowed to pay extra to try and secure a property?

Speaker 2:

No. We we in our office ask for 2 weeks rent in advance, and that's how it is left. We're still getting a lot of tenants offering for more rent and rent in advance. But, of course, that is against legislation. Queensland, we don't entertain.

Speaker 1:

Is it you

Speaker 2:

can't do

Speaker 1:

because that's interesting. I think some people wouldn't be aware of that. Mhmm. That's sort of new one. What about pets?

Speaker 1:

How do you look at pets? Okay.

Speaker 2:

So with the new legislation changes, we actually can't decline animals. It's, when there's a body corporate involved, obviously, we need to seek body corporate approval. Generally, at the moment, what we're finding with our applications is probably about 50% of applications have a pet attached, whether it's a cat, dog, budgies. So really, it's about working through those and, again, going through the references. If people have had pets in a rental property and they've come to 5 out of 5 rental reference and the pet can be verified in that reference, We have no problem presenting that to our investors.

Speaker 2:

And a lot of our investors love it. But obviously, you need certain things in place to make sure the property is protected. All our landlords are encouraged to have very good quality landlord interest in case that includes pet cover as well.

Speaker 1:

I remember when I moved up, I didn't have the pet legislation there. And I had a CV for my little caboodle with being in a rental property in Singapore. That's gorgeous. That's gorgeous.

Speaker 2:

A CV.

Speaker 1:

Yeah. I did a whole little photo and like, where she'd live I wish

Speaker 2:

all our tenants would do that.

Speaker 1:

It would be brilliant. She's only small, like, she's 5 kilos. And she'd lived in rental properties and apartments in Singapore. So she was used to that sort of lifestyle. But at the time, we just kept getting rejected and rejected and rejected Until a landlord who lived in Ban said, can I look at photo of the dog?

Speaker 1:

And he got the CV, and he still kills himself laughing. He said, yep. You can you can have them.

Speaker 2:

Isn't that lovely? And look, a lot of our investors laugh. They say, look, we much prefer a caboodle over to puddlers. Yeah. Yeah.

Speaker 2:

Yeah. Yeah.

Speaker 1:

I'm one of those people for sure.

Speaker 2:

And they do. They do really like to see the photo and get to know the animals that they're approving.

Speaker 1:

And Well, that's a few great tips for some tenants who are trying to secure a very tightly held area. Is actually go that extra mile, have the conversation. But as much information as you buy people comfort.

Speaker 2:

Yeah. A lot of the applications that come through aren't completed in full. And I say, look, always put a covering letter like your CV. I think that's great. Put a covering letter explaining who you are, what you're wanting, where you've come from.

Speaker 2:

Give us that personal touch instead of just an application. And then just making sure that application is completed in full. Because if there are any gaps, then we have to follow-up. And it just takes time. And usually, the people who have completed the application properly are then bumped up because the application is late.

Speaker 1:

So would you suggest if they don't understand a part of the application, just to pick up the phone and To reach out to give

Speaker 2:

you a call. Always happy to have a chat. And again, that's that personal touch. If you're having a chat, you get to know them that little bit more.

Speaker 1:

That's great. So I think I'm gonna sort of switch tables now and go across the landlords. Sure. So if you are recommending properties or landlords that lease more quickly than others, are there any criteria?

Speaker 2:

Look at the moment, like I said earlier, the moment the drive is 4422. So any investors who are asking, our current investors who are furthering their portfolios, that's where we're pushing them. And usually, again, it's around the schools, being a Malaysian family. Being close to the beach is a big draw card. But you can be in Peridian Springs and you're still close to

Speaker 1:

the beach. I think that's a really valid point. Is how long does it take to drive to Peridian Springs to the beach? Probably,

Speaker 2:

5 minutes. If that.

Speaker 1:

I was gonna say 8. Yeah. And I met this lovely, lovely family the other day at Pridgen at the village. And they had you know, the bikes were electric bikes, where they had their toddlers in the basket. And then they had an an older child that was on the back.

Speaker 1:

They just come they're just around the corner from Saint Andrews. But every weekend or all the time, they just go a bike track the entire way. And not even on the road. We should get right down to to the beach, which is pretty awesome.

Speaker 2:

What a way to travel.

Speaker 1:

I know. That's amazing.

Speaker 2:

We used to do it with the kids too. We used to jump on a bike and just go over the the the bridgeway to GMP. Yeah. It's lovely. It is lovely.

Speaker 1:

And then we've got suburbs like Lai Blai. I was looking at we actually like buying investment properties there at the moment. And there's a couple of reasons. For a, a house is looking at a a yield of 4.3% or 4 a half, then. A little bit higher than some of the other suburbs.

Speaker 1:

But still only a 10 minute drive to the beach.

Speaker 2:

That's right. And to your local mall and the CBD, Maroochydore, really central location.

Speaker 1:

The Maroochydore CBD, the people who are not familiar with the area, essentially a greenfield CBD. Beautiful. It is beautiful. So it's actually what they're saying is the beating heart of the Sunshine Coast. So it's connecting a lot of these townships.

Speaker 1:

The suburbs around there are really interesting places to invest. Absolutely.

Speaker 2:

And you've got a great business hub developing there. It's gonna be beautiful. It's beautiful now, but it shouldn't be something easy.

Speaker 1:

So what are the summer some of the suburbs that you like around Sunshine Coast University Hospital?

Speaker 2:

Look. We're getting a lot of inquiry around Virginia, Kewana, and there is a number of development going on around Sunshine Coast University Hospital. And we're seeing a lot of people who are working in that precinct, wanting residential property, whether it be hearing rentals. A lot of people voicing, wanting buy in that area as well.

Speaker 1:

So would that be from the full spectrum from the doctors, nurse, specialists to the service industry for the hospital. Absolutely.

Speaker 2:

We speak to a number of doctors moving to the area again. Stay. We're wanting to be close to work. Look so close to the beach and all the amenities as well. It's a great location.

Speaker 1:

There's another family friend of a buddram that we find a lot of the doctors in like as well because it's close to the the schools. So Sunshine Coast Grandma, Matthew Flinders, as well as the place to the hall. It's like that little hut.

Speaker 2:

It is. And it's beautiful. And a lot of the properties there, of course, have beautiful stunning views over the coast. Lovely area.

Speaker 1:

Or the school.

Speaker 2:

Yes. Great restaurants.

Speaker 1:

Great restaurants up there on the hill. Amazing. But actually, while we close, I'm gonna ask you some tips on your local restaurants as well or, you know, fun things to do.

Speaker 2:

Where do I start?

Speaker 1:

Well, I'm not gonna ask you yet. What would you say is the biggest challenge and opportunity for property investors in Southeast Queensland?

Speaker 2:

Look, I think the challenge is finding that quality tenant and making sure you have a property manager on your side to manage that process and manage it successfully for you. And I think the journey starts before investing, making sure you're connected with a quality property manager that knows what you're after and can fulfill your investment needs.

Speaker 1:

That's so important, isn't it? I think getting that quality manager. And I think what Dan's your case, you actually specialize in the management. You don't have a sales focus. Yeah.

Speaker 1:

And I think that's really, really important to understand because you know, your attention not split on, so you're really looking after very well. Is that your that's your primary?

Speaker 2:

Absolutely. We love it. Yeah.

Speaker 1:

Yeah. That's great. So I want to talk about another topic. Holiday rentals versus long term. So how if you're an investor, how do you look at those 2 different property types?

Speaker 2:

Look, at the moment, we obviously have a small number of holiday managements. And a lot of those investors are people who are wanting to utilize the property for a number of time times during the year, but also earn income while they're not utilizing the property. And those investors, again, are coming from in today or Brisbane, places like Singapore. So it's a perfect investment choice for those people. So they get to holiday in the place that we live.

Speaker 2:

And they also get to create an income while they're not using it.

Speaker 1:

So this is really interesting. So if you were an investor who didn't want to occupy the property and you just get a yield value,

Speaker 2:

would

Speaker 1:

you say, what's the pros and cons of the holiday rent? Assuming you're never going to occupy yourself, wear and tear on the property versus the oxy rate during big season and low season. How do you compare that just to a normal, just straight term?

Speaker 2:

Sure. I think for some of our investors, they've entertained the idea of holiday management. Although, they prefer the stable income. So knowing that they've got that amount. We have had, during COVID with the holiday side of things, things were booked back to back.

Speaker 2:

We had zero vacancy. It was amazing. But things have dropped off and there are a lot more holiday managements on the market at the moment. So we are seeing greater vacancy effects. So a lot of our holiday management owners don't see that income coming in.

Speaker 2:

They need that stability. So quite a few of them have converted to permanent rentals, just so they know that they've got that stability. But it depends on the investor situation.

Speaker 1:

That's and the legislation between the New Shire and the Sunshine Coast Shire for short term accommodation differs greatly.

Speaker 2:

It does. With the new laws that have come through with Noosa Council, a lot of people have been restricted, obviously, to the 60 days, depending on owning a property in the previous usage. So investing in sun Sunshine Coast Council areas for holiday management is probably more desirable to people because they don't have those restrictions.

Speaker 1:

And I think, this is very similar to what Byron Bay has done to really restrict that holiday accommodation.

Speaker 2:

So there's

Speaker 1:

probably, as you said, zoning or whether the the property has the original development agreement in place, actually built and pre existing use rights. And we always recommend we always check with the town planner just to make sure there's no local nuance attached to that property. Because sometimes, you can get surprised. You think you'll be able to and then not. That's right.

Speaker 2:

Yeah. And that's why it's so important Should do your homework prior to purchasing and making sure that the right investment for you.

Speaker 1:

So we've recently had clients have been talking about that holiday rental property. And they think they're going to move in 4 years time. But because of restriction in the area that they are looking in, which was, for example, Sunshine Beach and the hills, very smocket. We spoke about having 9 months so they could actually use it for the 3 months of the year that they desired. So let's talk through that as an option.

Speaker 2:

Like, is it harder to find tenants furnished properties for 6 or 9 months? Traditionally, we'd always say, wow. That's gonna be a real tough ask. But because of the drive we have coming from interstate, we are filling furnish for periods of 6, 9 months, 3 months. And that's still going.

Speaker 2:

I thought it might just be a thing over COVID. But I think because rental properties had a shortage, and people are moving here, and they're kind of wanting to base themselves just to get to know the area, perhaps, before they invest. So at the moment, we've got a property, a stunning property at Prygian Beach. It's fully furnished. And usually, that would be a tough ask.

Speaker 2:

But the inquiry is coming through. And again, it's people who have moved or are moving to Victoria or New South Wales. And they're willing to take on a furnished property for shorter term with the idea that they will buy something after they get to know the area.

Speaker 1:

But that's probably then a new emerging thing that post COVID that wasn't beforehand. Absolutely. And do you find then, if that person is offering their property for 9 months, do they have does it affect the rental level? Or is it you're still getting the same look?

Speaker 2:

Look, normally, you'd think because it's an unusual situation that perhaps, the rental would have to drop a little. But at the moment, because of, you know, the demand, it's not.

Speaker 1:

Are you still maintaining the rental level and the lease up period and still be similar?

Speaker 2:

Absolutely.

Speaker 1:

But you're not you're not using losing yield No. But you actually get to your property level?

Speaker 2:

That's right.

Speaker 1:

Okay. Well, this is a really big conversation then. How do you furnish the property? There you go.

Speaker 2:

And that's the fun part. Yeah. I love helping clients. That part, it's great.

Speaker 1:

Oh, fantastic. So, do you get sort of interior stylists in there? Or is that something that you've been doing for so long? How you know what works?

Speaker 2:

Yeah. We actually have interior stylists that we work with, But we also have a long list that we provide to our investors, to make sure that everything is crossed off from a long or short term period.

Speaker 1:

I think, I'm gonna close this. We're gonna use rapid fire questions separately to this podcast, which will be more directly real estate based. Before we go, I'm gonna ask you you personal rapid fire questions. Okay. So what's your favorite place on the coast to take your short

Speaker 2:

Okay. My teenage children at the moment don't want to be with me. If I was to yeah. I'd say, look. They are so food driven being teenagers.

Speaker 2:

So, their favorite restaurant at the moment is Bang Bang on Hastings Street in Noosa. So they jump in the car if I ask them to

Speaker 1:

go there without a problem. That's really funny. And he's a really good restaurant, Bang Bangs down there on Hay Street. Yes. What about outdoor activities for teenage children?

Speaker 1:

What are they gravitating towards?

Speaker 2:

Oh, look. My kids, you've got my son is heavily involved in dirt biking. Again, it's a lot of sports for our daughter, netball. We've got the outdoor water parks, Libelai, and Coolum Water Park, which is always a hit. Got so much to do.

Speaker 2:

You've got the zoo. Lot so many parks. I've never experienced so many amazing children, but the younger children. Yeah. So there's always something to do.

Speaker 1:

There's a festival on too.

Speaker 2:

Absolutely. And you know, Noosa River is great. They've always got something going on. And we've spent a lot of time over the years at Noosa River. A lot of water sports, the houseboats, and yeah.

Speaker 2:

There's just so much choice.

Speaker 1:

And there's also being bridging each board, bridging each Now that is like a mosh ball. Because of Christmas carols for young children. But but the highlight is Santa drops out of the sky in a parachute.

Speaker 2:

He does. Yes. And they the kids love it.

Speaker 1:

Yeah. Lands on the beach.

Speaker 2:

Yes. Where else do you see that?

Speaker 1:

He has security guards in the form of the life saving club because the kids like to swarmed in one of the lilies from this act.

Speaker 2:

Yes. They do.

Speaker 1:

But now they put him in the truck so he can get through the crowd to the stage. And there's 100 and 100 of young kids. Yeah. You're like, I feel like I'm at a dance party.

Speaker 2:

Absolutely. And it's such a great family time out. And lovely to bring the beach vibe in. And also, really nice atmosphere in the village. Every lovely time of the year.

Speaker 1:

We haven't spoken much about village. But there's so many boutique local produce at that village. Yes. And that your IGA, behind the village. It is.

Speaker 2:

You know, when we moved here, bridging beach was a sleepy little place. I think they had a Chinese restaurant. Couple of little things. A lot of vacant shops but has come along leaps and bounds. And when I speak to a lot of people from interstate, especially, they have seen the little boutiques that used to be on Hastings Street, perhaps that have not been now.

Speaker 2:

It's more sort of shifted to that Perrigian Beach Village where you go have beautiful coffee at a cafe. They've got some beautiful restaurants and actual boutiques where people roll around and find some different things.

Speaker 1:

I think it you hit the nail on the head. It's what used to be and it was tea. That's where you go over to Jinjin Village now. Yes. And you're amazing food.

Speaker 1:

Japanese guy. It's sushi way.

Speaker 2:

Oh, yes. Yes. Such a casual environment. Such beauty. Oh, amazing food.

Speaker 2:

You probably catch us there every Sunday around 1 o'clock, to be honest.

Speaker 1:

Okay. So you wanna hit Carol enough. Go go down on Sundays.

Speaker 2:

Lunch on me.

Speaker 1:

Yeah. Okay. I think that's a beautiful way to close. So I just wanna say thank you for being our guest today, and look forward to working with you in the future.

Speaker 2:

Thank you. It's been lovely.