A quiet Sunshine Coast suburb was the star performer in new property data. See the full list for every Sunshine Coast suburbs’ median house and unit prices.
A quiet Sunshine Coast hinterland suburb was a star performer in new property market data that reveals the extent of the pandemic-driven boom.
House and unit values across the Sunshine Coast are surging with some owners enjoying increases of hundreds of thousands of dollars over 12 months.
New data shows most Sunshine Coast suburbs experienced median price increases of more than 30 per cent between 2021-22.
Sunshine Coast hinterland suburb Valdora – which had a population of about 530 at the 2016 census – recorded the highest increase of 49.6 per cent.
CoreLogic’s data that showed Valdora’s median house price increased to $1.289m.
Lifestyle focused buyers also snapped up properties at nearby Yandina where the median house price increased 48.1 per cent to about $885,000.
CoreLogic’s latest Home Value Index calculates house price growth across an entire suburb.
Along the coast Buddina was a standout suburb with median house prices reaching $1.68m in December, an increase of about 41 per cent over 12 months.
Marcus Beach also experienced a 40.5 per cent increase taking its median house prices to more than $1.7m.
But Sunshine Beach takes the top spot for the highest median house prices with a staggering $2.45m, up 27.2 per cent.
According to the median prices breakdown the Sunshine Coast’s unit market did provide more options for affordability.
Median prices were under $600,000 for units at Wurtulla, Mountain Creek, Caloundra West, Buderim, Battery Hill and Birtinya and under $500,000 at Beerwah, Nambour and Sippy Downs.
Excerpt Tegan Annett The Courier Mail January 15, 2022 - 3:25PM
