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Sunshine Coast, Noosa property: How much your property has grown during pandemic

New data has revealed how much Sunshine Coast and Noosa house prices exploded since the Covid pandemic’s start until now. Check out the full list to see your suburb.

House prices soar in regional areas

It’s no secret Sunshine Coast and Noosa house prices have exploded on the back of demand generated by southern migration and record low interest rates, now new data has showed exactly how much.

Core Logic data for November 2021 has revealed how much your property’s value has grown since the start of the pandemic in March 2020.

More than 100 suburbs have been listed, with median house prices in eight suburbs to have grown by more than $500,000 in 18 months.

In glamour suburb Sunshine Beach, where a new bar serving a $101 cocktail opened in January, house prices have boomed by 74 per cent.

The A-list suburb’s median sale price now sits at $3.1m.

Check out the full list below to compare your suburb.

Analysis from Ray White Group chief economist Nerida Conisbee revealed the Sunshine Coast had overtaken Melbourne for median house prices.

As a whole, the Sunshine Coast’s median house prices increased by 48 per cent to sit at $968,308 compared to 27.2 per cent increase in greater Melbourne ($941,000).

The region trailed only greater Sydney ($1.3m), Illawarra ($1.01m) and Canberra ($1m) on the national list.

Ms Conisbee said prior to the pandemic, no regional area had house prices more expensive than Melbourne, and now there were three including Illawarra and Richmond.

Original URL: https://www.couriermail.com.au/property/sunshine-coast-noosa-property-how-much-your-property-has-grown-during-pandemic/news-story/d81623ec60d6d38994e7ee32b7d275a4