Sunshine Beach is a smaller suburb in Queensland within the Noosa local government area (postcode 4567). The area has roughly 2,480 residents and a mature demographic, with a median age of 49. Households earn a median income of $90K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, community & personal service. Employment in the area leans toward accommodation & food and healthcare. The top ancestries reported are English, Australian, Irish.
Sunshine Beach has a median house price of $1.9 million, which has risen solidly by 6.9% year-on-year. Units have a median price of $1.1 million (+4.5% YoY). The current median weekly rent is $995. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,167.
Sunshine Beach is served by 5 schools, including 3 primary, 1 secondary, 1 special. The average ICSEA score is 1045, which is around the national average of 1,000. Public transport access includes 15 bus stops. The crime rate in the Noosa LGA is below average at 3,082 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 2.7%, which reads as low yield. Property prices are above the state median ($1.9M/$1.1M), placing it in the premium segment. The price-to-income ratio of 21.3x is considered stretched. House prices have moved +6.9% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.