Sunshine Coast suburbs to buy in now ahead of Brisbane Olympic Games gold: property experts

Experts have identified the Sunshine Coast suburbs investors could target now for property gold on the back of the region’s Olympic Games bid success well before 2032 rolls around.

Property gold medals could be up for grabs on the Sunshine Coast as the region rides the wave of success that’s come from the Olympic Games. Picture Lachie Millard

Property gold could be up for grabs on the Sunshine Coast as the region rides the wave of success that is expected to come from securing the 2032 Olympic Games.

It’s no secret the region’s property market has been in overdrive with CoreLogic trends confirming capital growth has skyrocketed in the region.

The trends show in the past 12 months alone some Coast suburbs median value increased by 30 per cent.

With the Coast set to benefit from upgraded transport, infrastructure and sporting facilities over the next 11 years, property experts have revealed which suburbs would land on the podium for capital growth.

Sunshine Coast Stadium proximity

Bokarina median house value price: $1,161,523.

Birtinya median house value price: $844,874

Meridan Plains median house value price: $678,236

Warana median house value price: $944,172

Heavy rail proximity

Beerburrum median house value: $658,730

Beerwah median house value: $631,050

Bells Creek median house value: $626,047

Caloundra West median house value: $663,618

Glass House Mountains median house value: $699,360

Blue chip suburbs

Alexandra Headland median house value: $1,272,699

Buddina median house value: $1,315,587

Minyama median house value: $1,510,426

Moffat Beach median house value: . $1,069,452

Sub $1 million

Battery Hill median house value: $862,842

Currimundi median house value: $754,793

Forest Glen median house value: $786,955

Little Mountain median house value: $763,921

Alana Oppelt and Mark McGill with the latter saying the Brisbane Games will galvanise Sunshine Coast infrastructure projects.

McGill Group director Mark McGill said the infrastructure projects that the region had been screaming out for had been galvanised by the Olympics win.

“Things like the Bruce Highway, the Mooloolah Interchange, rail, from a regional perspective I think it’s a great outcome for us,” Mr McGill said.

“These key infrastructure projects now have a timeline and end date.

“In the past it was indefinitely, and that what will keep driving the market.”

Mr McGill said blue chip suburbs and anything along the beachfront were traditionally strong value holders.

“Especially single storey, that’s what’s most in demand right now,” he said.

Amber Werchon Property principal Amber Werchon said in the past 12 months the region’s property market had “run away” with no sign of slowing down.

She said large blocks and proximity to water would remain as areas of strong growth when 2032 rolls around.

“Positions close to the beach and sizeable land will continue to have the strongest growth,” Ms Werchon said.

Amber Werchon said proximity to water would always be in demand on the Sunshine Coast.

Ray White Aura principal Paul O’Brien said the prospect of heavy rail being an infrastructure win on the back of the successful bid would trigger growth in suburbs along the line.

“Anywhere along the rail line corridor is going to do well. They’re talking a proposed transit centre in Aura’s city central,” Mr O’Brien said.

“People can jump on at Aura, Beerwah and be in the Brisbane city in an hour.

“By then they will hopefully have some express lines to Brisbane and back for a faster trip.”

Ms Werchon however said not every buyer was keen on having Olympic events in their own backyard.

“Interestingly some of the buyers have indicated that all this infrastructure and business is prompting them to look to move away from the action,” she said.

“They’re thinking that far ahead, some Brisbane buyers think it will be too busy in the lead up time.

“It’s going to create a fair bit of change.”