REVEALED: Coast’s best and worst property hot spots
The peak Queensland real estate body has revealed the Coast's best and worst performing suburbs from the past five years. SEE WHERE YOUR SUBURB RANKED:
Property
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A recent Queensland real estate report has outlined the outstanding showing by Sunshine Coast property prices during the last COVID-effected quarter - but the long term outlook is less favourable for some popular towns.
According to Real Estate Institute of Queensland CEO Antonia Mercorella, the Sunshine Coast property market has proven itself to be "solid and resilient" throughout the June quarter.
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The real estate institute's quarterly Queensland market monitor report revealed the current median property prices for all towns across the state.
Few would be surprised by the continued success of Noosa's property market, which saw median house prices jump to nearly $840,000, an increase of 1.9 per cent.
Outside the tourist powerhouse, median house prices rose to $605,000 across the Sunshine Coast, an increase of 1.7 per cent.
On a broader perspective, the report outlined median property prices over the past five years, with some very interesting results.
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The tables below show the Coast's top ten best and worst performing median property prices over the past five years.
The top three performing towns were Noosa Heads (68 per cent), Bokarina (58.5 per cent) and the Hinterland town Cooran (47 per cent).
Followers of the Sunshine Coast's property market may be surprised that atop the list of worst performing towns was beachside town Marcoola (-10.3 per cent), followed by Cooran's acreage properties (4.4 per cent), and Caloundra West (11.1 per cent).
Regardless of the figures, the REIQ CEO said there were still plenty of opportunities for young families attempting to get into the property market.
"There is no doubt it is becoming more expensive to live on the Coast, but there are still places where you can pick up a property for under $500,000," Ms Mercorella said.
For towns such as Nambour, based on last quarter's figures, median property prices rose to $430,000, a quarterly growth of 1.2 per cent.
"There is a reason we call it the property ladder," Ms Mercorella said.
"If families start in a more modest area where they can get a foot in the door then their dollar goes further.
"I do think there is still affordability on the Coast, but you have to know where to look."
Coast towns with the highest percentage of median property price growth over the past five years:
| Town | Median price (current) | Median price (Five years ago) | Per cent growth |
| Noosa Heads | $1,214,000 | $722,500 | 68 per cent |
| Bokarina | $840,000 | $530,000 | 58.5 per cent |
| Cooran | $430,000 | $292,500 | 47 per cent |
| Noosaville | $1,080,000 | $750,000 | 44 per cent |
| Pomona | $530,000 | $370,000 | 43.2 per cent |
| Warana | $760,000 | $545,000 | 39.4 per cent |
| Mudjimba | $720,000 | $560,000 | 36.1 per cent |
| Coolum | $701,250 | $516,500 | 35.8 per cent |
| Maroochydore | $640,000 | $496,240 | 32 per cent |
| Coes Creek | $472,500 | $364,000 | 29.8 per cent |
Coast towns with the lowest percentage of median property price growth over the past five years:
| Town | Median price (current) | Median price (Five years ago) | Per cent growth |
| Marcoola | $650,000 | $725,000 | -10.3 per cent |
| Cooran (acreage) | $590,000 | $565,000 | 4.4 per cent |
| Caloundra West | $480,000 | $432,000 | 11.1 per cent |
| Glasshouse Mountains | $485,000 | $420,000 | 15.5 per cent |
| Twin Waters | $812,000 | $702,500 | 15.6 per cent |
| Little Mountain | $580,000 | $500,000 | 16 per cent |
| Pelican Waters | $772,500 | $660,000 | 17 per cent |
| Mooloolah Valley | $481,000 | $407,500 | 18 per cent |
| Beerwah | $465,000 | $392,000 | 18.6 per cent |
| Sippy Downs | $530,000 | $447,000 | 18.6 per cent |
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