Currimundi to Shelly Beach tipped as next Sunshine Coast property hotspots
Prime beachfront homes in a secret circle of quiet and luxury lifestyle on the Sunshine Coast have been listed for sale, as a real estate agent foresees surging prices.
Property prices are expected to surge in peaceful Sunshine Coast suburbs as a sweep of original owners move out and buyers look for a quiet beachfront lifestyle.
Ray White Maroochydore agent Lachie Woods has labelled Currimundi, Dicky Beach, Moffat Beach and Shelly Beach as the “quiet achievers” in the south parts of the Sunshine Coast.
Mr Woods said the suburbs have “flown under the radar” in comparison to Noosa, Sunshine Beach and Sunrise Beach.
“The beachside escarpment here feels untouched, less commercial, yet you’re minutes to bars, cafes and restaurants, world-class surf, a major shopping centre and easy access to Brisbane,” he said.
He described recent sales as proof of “surging confidence” in the area.
Mr Woods said he recently sold a 1070sq m property with an original, 50-plus-year-old house at 16 Cooroora St, Dicky Beach in an auction, with three bidders offering more than $5m, to eventually settle on a sale of $5.4m.
“Nearby, 27 Watson St at Currimundi achieved $9.05m for a brand new beachfront residence, while three sales on neighbouring Moffat Beach have all landed from $6.72m to a recently reported $13m.”
Mr Woods has since listed two Shelly Beach properties for sale — 19 Victoria Tce and 1 Beachside Crt.
He labelled Shelly Beach a “hidden gem” on the Sunshine Coast.
He described 19 Victoria Tce as a “ near-new architectural masterpiece”, as one of the most recent houses constructed along the beachfront.
Mr Woods said 1 Beachside Crt is a 20-year-old home transformed into a “contemporary beachfront sanctuary” with top-range appliances including a $15,000 oven.
He noted these suburbs have deliberately retained low density and the beachfront between Currimundi and Shelly beaches remain unchanged in the proposed town plan to protect the “quiet, exclusive character”.
“That said, there’s meaningful private reinvestment: owners spending circa $6m to secure sites or land and a similar amount again to build or significantly renovate, plus new apartment product and recent sales circa $6m,” Mr Woods said.
These suburbs hold the same “headline lifestyle” as Noosa and Maroochydore, but provide more privacy compared to Sunrise Beach and Noosa.
Mr Woods said premium demand would travel to calmer beachfront opportunities as the Maroochydore CBD matures.
He also noted more development and price growth would occur, but within tight limits.
“Low-density beachfront controls will keep it boutique, while family buyers and downsizers chase the quieter feel,” he said.
“That imbalance of strong demand and capped supply is the recipe for sustained price growth.”
Mr Woods said on the Sunshine Coast, a “generational shift” is occurring, with properties held for decades now re-entering as rare opportunities for buyers.
“The suburbs’ tightly-held beachfront properties — many owned by the same families since Brisbane and Toowoomba residents migrated to the area in the 1980s — are now coming to market as original owners transition to apartments or pass homes to the next generation,” he said.
Between Currimundi and Shelly Beach, about 90 homes sit close to the sandy coastline, with about 70 offering uninterrupted views.
“With only eight true beachfront streets and low-density zoning, it’s a finite opportunity and tightly held,” Mr Woods said.