National real estate headlines might be subdued, but in the Noosa region, the property market still continues to tick along steadily, with recent data indicating solid price growth and consistent sales throughout the area in the past 12 months.

Further analysis also highlights the fact buyer inquiry is on the rise as people look to the local lifestyle after a turbulent global start to 2020.

So, let’s take a look at the Noosa property market in detail, breaking it down by the numbers…

Why the appeal?

It’s no secret Noosa has national appeal. A laidback lifestyle combined with great weather, excellent amenities, and a true community feel sees the region top of the list for many looking to make a seachange or treechange.

Importantly, recent months have highlighted the livability of the Noosa region as a safe haven from the COVID-19 challenges of city living.

In Noosa, remote working and self-employed freedom tend to come naturally, offering an ideal destination for families raising children and retirees alike.

Over recent months that means there’s been very little downward pressure on house prices in contrast to other areas. Although housing stock has been slightly reduced, properties that hit the market are highly sought after, prices remain steady and days on market remain relatively low.

So, let’s look at the major suburbs in detail, courtesy of data from CoreLogic.

Castaways Beach

Median sale price: $1.4 million
Price change in the past 12 months: Up 22.3 per cent
Median Rent: $850 per week
Median gross rental yield: 3.3 per cent

Cooroibah

Median sale price: $701,000
Price change in the past 12 months: Down 0.99 per cent
Median rent: $530 per week
Median gross rental yield: 3.9 per cent

Cooroy

Median sale price: $557,000
Price change in the past 12 months: Up 2.9 per cent
Median rent: $490 per week
Median gross rental yield: 4.6 per cent

Doonan

Median sale price: $970,000
Price change in the past 12 months: Up 11.17 per cent
Median rent: $665 per week
Median gross rental yield: 3.6 per cent

Eumundi

Median sale price: $680,000
Price change in the past 12 months: Down 7.48 per cent
Median rent: $620 per week
Media gross rental yield: 4.7 per cent

Lake Macdonald

Median sale price: $580,000
Price change in the past 12 months: Up 3.39 per cent
Median rent: $490 per week
Median gross rental yield: 4.9 per cent

Noosa Heads

Median sale price: $1.2 million
Price change in the past 12 months: Up 8.03 per cent
Median rent: $700 per week
Median gross rental yield: 2.9 per cent

Noosaville

Median sale price: $1.1 million
Price change in the past 12 months: Up 13.49 per cent
Median rent: $663 per week
Median gross rental yield: 3.2 per cent

Peregian Beach

Median sale price: $818,000
Price change in the past 12 months: Down 7.39 per cent
Median rent: $575 per week
Median gross rental yield: 3.7 per cent

Peregian Springs

Median sale price: $655,000
Price change in past 12 months: Up 3.97 per cent
Median rent: $530 per week
Media gross rental yield: 4.2 per cent

Sunshine Beach

Median sale price: $1.8 million
Price change in the past 12 months: Up 22.76 per cent
Median rent: $700 per week
Median gross rental yield: 2 per cent

Sunrise Beach

Median sale price: $858,000
Price change in the past 12 months: Down 2.56 per cent
Median rent: $650 per week
Median gross rental yield: 3.9 per cent

Tewantin

Median sale price: $590,000
Price change in the past 12 months: Up 0.04 per cent
Median rent: $510 per ween
Median gross rental yield: 4.5 per cent

Tinbeerwah

Median sale price: $1 million
Price change in the past 12 months: Up 16.28 per cent
Median rent: Unavailable
Median gross rental yield: Unavailable

Verrierdale

Median sale price: $843,000
Price change in the past 12 months: Up 18.66 per cent
Median rent: Unavailable
Median gross rental yield: Unavailable

The final word

The incredible price growth of many of the Noosa suburbs above indicates just how resilient and stable this local market is. Meanwhile, valuation experts like Herron Todd White note the Sunshine Coast property market is still yet to peak, with buyer inquiry increasing.

That makes now an ideal time to consider your options when it comes to buying and selling in the Noosa region. You can contact the imsold team directly for a trusted opinion on the value of your property or speak to our Noosa real estate agents for an insight into what’s currently available to suit your needs.