Powered by MOMENTUM MEDIA
realestatebusiness logo

Breaking news and updates daily. Subscribe to our Newsletter!

Home of the REB Top 100 Agents
Breaking news and updates daily. Subscribe to our newsletter

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

rpm logo latest

Sunshine Coast’s top-performing suburbs revealed

By Emma Ryan
28 November 2019 | 1 minute read

The best Sunshine Coast suburbs for median house and unit price growth have been unveiled, with new research showing double-digit increases in some areas.

In the report The Sunshine Coast: Australia’s Most Compelling Growth Story, author and property analyst Terry Ryder revealed that some Sunshine Coast suburbs have experienced median house price increases of up to 37 per cent in the past year alone.

The growth trend, he said, is being driven by unprecedented infrastructure spending across the region, particularly the new Maroochydore City Centre.

Advertisement
Advertisement

“From the recently completed $2 billion Sunshine Coast University Hospital and its broader $5 billion health precinct, to the current expansion of the Sunshine Coast Airport and the preliminary work for light rail and passenger train services, there is more growth happening in this region than almost any other region in the country,” Mr Ryder added.

“The new CBD, being built from scratch on a 53-hectare greenfield site, is at the heart of this growth, providing a centre for the Sunshine Coast’s growing economic and job opportunities while helping to fuel residential price rises across the region.”

SunCentral Maroochydore chief executive John Knaggs said other large infrastructure projects, such as the Sunshine Coast International Broadband Network, were also contributing to the region’s economic evolution.

“The growth metrics of the region are all coming together,” Mr Knaggs said.

“There’s been a decade of planning getting to this point, and now the Sunshine Coast is realising these opportunities creatively.”

Top-performing suburbs for median house price growth

1. Sunshine Beach

Median price: $1,600,000

1-year growth: 37 per cent

2. Twin Waters

Median price: $945,000

1-year growth: 21 per cent

3. Doonan

Median price: $1,005,000

1-year growth: 19 per cent

4. Woombye

Median price: $531,000

1-year growth: 17 per cent

5. Mooloolaba

Median price: $835,000

1-year growth: 14 per cent

6. Wurtulla

Median price: $605,000

1-year growth: 11 per cent

Top-performing suburbs for median unit price growth

1. Noosa Heads

Median price: $780,000

1-year growth: 26 per cent

2. Noosaville

Median price: $495,000

1-year growth: 19 per cent

3. Sunshine Beach

Median price: $700,000

1-year growth: 14 per cent

4. Golden Beach

Median price: $440,000

1-year growth: 11 per cent

Sunshine Coast’s top-performing suburbs revealed
default
lawyersweekly logo

ABOUT THE AUTHOR


Emma Ryan

Emma Ryan

Emma Ryan is the deputy head of editorial at Momentum Media.

Emma has worked for Momentum Media since 2015, and has since been responsible for breaking some of the biggest stories in corporate Australia, including across the legal, mortgages, real estate and wealth industries. In addition, Emma has launched several additional sub-brands and events, driven by a passion to deliver quality and timely content to audiences through multiple platforms.

Email Emma on: [email protected]com.au

Rankings
rankings
JUST RELEASED
May 09, 2022

REB Top 50 Women in Real Estate 2022

REB is thrilled to present the Top 50 Women in Real Estate 2022 ranking, which sets t ... LEARN MORE

rankings
JUST RELEASED
May 04, 2022

REB Top 100 Agents 2022

Now in its second decade, the REB Top 100 Agents 2022 rankings are the most revered s ... LEARN MORE

rankings
JUST RELEASED
May 02, 2022

REB Top 50 Agents NSW 2022

Even a pandemic has not put the brakes on the unstoppable property market in NSW, whi ... LEARN MORE

rankings
JUST RELEASED
April 27, 2022

REB Top 50 Agents VIC 2022

The COVID-19 crisis has not deterred the property market in Victoria, which has been ... LEARN MORE

rankings
JUST RELEASED
April 25, 2022

REB Top 50 Agents QLD 2022

As the property market continues to roar in Brisbane and Queensland, the REB Top 50 A ... LEARN MORE

Coming up

rankings rankings

 

Subscribe to our RPM
mailing list

 

Do you have an industry update?

top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.