Suburb Profile Report for Sunshine Beach QLD (4567)

Sunshine Beach House: Median price $1,110,000, Annual capital growth 5.09%, Number of sales 62, Weekly median advertised rent $613

Sunshine Beach Unit: Median price $614,500, Annual capital growth 4.21%, Number of sales 85, Weekly median advertised rent $460

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.38% which means that Sunshine Beach, 4567 has done well for property investors by showing a capital gain of 13.85% over the last year

Over the longer term, Sunshine Beach has seen property prices show investors a 0.91% return over the last 3 years. This is an improvement over the last 12 months

Property investors looking for a bargain in Sunshine Beach should be aiming for at least -8.54% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 5.17 sales per month, which equates to 62 per year.

The QLD suburb of Sunshine Beach, 4567 is in the Noosa local government area.

If you compare the increase in value of investment property in Sunshine Beach, 4567 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 21.08%.

Sunshine Beach,4567 has offered an average of 21.08% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Sunshine Beach is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 238th in terms of most discounted suburbs in QLD

At number 1109 in a list of fastest selling suburbs, Sunshine Beach is in the bottom 30% of suburbs in Australia with an average of days on market 98.1 for properties listed there.

With the median price for a house in Sunshine Beach being $614500 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 3.89%

Metrics i HOUSE UNIT
$1,110,000 $614,500
1.83% 2.42%
13.85% 21.08%
5.09% 4.21%
$613 $460
62 85
2.87% 3.89%
119.53 98.1

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (H)
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Demographics
Total population 2287
Median household income ($/weekly) 1007
Median age of persons 44
Median housing loan repayment ($/monthly) 1733
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 266 11.6
    25-34 years 260 11.4
    35-44 years 308 13.5
    45-54 years 397 17.4
    55-64 years 385 16.8
    Others 672 29.4
    Age Group
    Census Count Percent(%)
    Not Married 704 44.5
    Registered Married 674 42.6
    Defacto Relationship 204 12.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1563 75.4
    Papua New Guinea 130 6.3
    United Kingdom 188 9.1
    United States of America 30 1.4
    Other 65 3.1
    Others 98 4.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 1.2
    Christianity 1217 61.8
    Judaism 8 0.4
    Other Religious Groups 18 0.9
    No Religion 693 35.2
    Others 9 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 98 11.9
    $600-$799 79 9.6
    $800-$999 107 12.9
    $1,000-$1,249 74 8.9
    $1,500-$1,999 98 11.9
    Others 371 44.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 583 33.3
    Not in the labour force 583 33.3
    Employed, worked part-time 431 24.6
    Unemployed, looking for work 95 5.4
    Employed, away from work 59 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 185 17.3
    Professionals 263 24.6
    Technicians & trades workers 120 11.2
    Community & personal service workers 131 12.2
    Sales 143 13.4
    Others 229 21.4
    Occupation
    Census Count Percent(%)
    Pre-school 22 5.3
    Infants/Primary 168 40.5
    Secondary 103 24.8
    Technical or Further Educational Institution 36 8.7
    University or other Tertiary Institutions 74 17.8
    Others 12 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1329 67.3
    Flat, unit or apartment 494 25.0
    Semi-detached, row or terrace house, townhouse 150 7.6
    House or flat attached to a shop, office 3 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 392 43.1
    Fully owned 288 31.7
    Being purchased 229 25.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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