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Sunshine Coast

Housing valuation

At June 2018, Sunshine Coast had a median house valuation of $595,130, $136,770 higher than the median house valuation for Queensland.

Housing valuation and rental data are a measure of the economic desirability of living in the local area. High housing prices usually indicate access to high-paid jobs and a very desirable area. However they can present issues in attracting and retaining key lower skilled workers. Lower housing prices indicate less demand and may be an asset for attracting people to live in the area. However they can also indicate lower paid and lower skilled jobs or a declining economy.

Housing prices often factor in a home ownership premium due to expected capital growth and the ability to customise the property, but rental costs are a more direct measure of the immediate economic value of living in the area. Increases in rents often have a more direct relationship to employment and demand for housing.

Hometrack 2014-2018, Housing Valuation System

Housing values
Sunshine Coast20182014Change
Housing value (at June)Sunshine CoastQueenslandSunshine Coast relative to QueenslandSunshine CoastQueenslandSunshine Coast relative to Queensland2014 to 2018
House--------------
First Quartile$501,136$316,285+58.4%$411,005$316,236+30.0%+$90,131
Median$595,130$458,360+29.8%$479,659$418,290+14.7%+$115,471
Third Quartile$723,353$639,156+13.2%$580,259$543,256+6.8%+$143,094
Unit--------------
First Quartile$336,945$273,559+23.2%$279,433$262,692+6.4%+$57,512
Median$398,451$356,880+11.6%$330,743$328,583+0.7%+$67,708
Third Quartile$468,426$444,896+5.3%$404,971$408,410-0.8%+$63,455

Source: Hometrack 2014-2018, Housing Valuation System.

Housing values, 2018
Housing values, 2018 Third Quartile, Queensland: $444,896 Median, Queensland: $356,880 First Quartile, Queensland: $273,559 Third Quartile, Queensland: $639,156 Median, Queensland: $458,360 First Quartile, Queensland: $316,285 Third Quartile, Sunshine Coast: $468,426 Median, Sunshine Coast: $398,451 First Quartile, Sunshine Coast: $336,945 Third Quartile, Sunshine Coast: $723,353 Median, Sunshine Coast: $595,130 First Quartile, Sunshine Coast: $501,136
Source: Hometrack 2014-2018, Housing Valuation System
Change in housing values, 2014 to 2018
Change in housing values, 2014 to 2018 Third Quartile, Queensland: $36,486 Median, Queensland: $28,297 First Quartile, Queensland: $10,867 Third Quartile, Queensland: $95,900 Median, Queensland: $40,070 First Quartile, Queensland: $49 Third Quartile, Sunshine Coast: $63,455 Median, Sunshine Coast: $67,708 First Quartile, Sunshine Coast: $57,512 Third Quartile, Sunshine Coast: $143,094 Median, Sunshine Coast: $115,471 First Quartile, Sunshine Coast: $90,131
Source: Hometrack 2014-2018, Housing Valuation System

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