Sunshine Coast Regional LGA valuation overview
Overview of 2024 land valuation
For Sunshine Coast Regional local government area (LGA), the revaluation included 114,389 properties, with a total value of $70,997,462,500, an overall increase of 36 per cent since the last valuation issued in 2022.
Property market changes within Sunshine Coast Regional LGA are being driven by:
- population growth, including interstate and overseas migration
- an increase in residential land supply
- a proposed new planning scheme (for gazettal in 2025).
Total value by land use
| Land type | Value | Percentage of total land value |
|---|---|---|
| Commercial | $2,279,740,300 | 3.2% |
| Industrial | $1,933,580,700 | 2.7% |
| Primary Production | $920,674,000 | 1.3% |
| Single Unit Residential | $46,815,863,000 | 65.9% |
| Multi-Unit Residential | $6,145,267,800 | 8.7% |
| Rural Residential | $12,275,717,500 | 17.3% |
| Other | $626,619,200 | 0.9% |
| LGA total | $70,997,462,500 | 100% |
Note: The sum of percentages may not equal 100% due to rounding.
Residential land
There has generally been a significant increase in median values within the residential market sectors of Sunshine Coast Regional LGA since the last valuation. The overall median value for residential land in Sunshine Coast Regional LGA is $450,000, an increase of 32.4 per cent.
The table below shows the changes in median value of residential land in Sunshine Coast Regional LGA. The table includes localities with a minimum of 50 properties as residential land use.
| Locality | Previous median value (as at 1 October 2021) | New median value (as at 1 October 2023) | Change in median value | Number of properties |
|---|---|---|---|---|
| Alexandra Headland | $690,000 | $970,000 | 40.6% | 765 |
| Aroona | $335,000 | $445,000 | 32.8% | 1,270 |
| Banya | $235,000 | $330,000 | 40.4% | 954 |
| Baringa | $237,500 | $335,000 | 41.1% | 1,643 |
| Battery Hill | $405,000 | $570,000 | 40.7% | 814 |
| Beerburrum | $255,000 | $330,000 | 29.4% | 194 |
| Beerwah | $285,000 | $355,000 | 24.6% | 1,843 |
| Birtinya | $390,000 | $510,000 | 30.8% | 877 |
| Bli Bli | $335,000 | $420,000 | 25.4% | 2,831 |
| Bokarina | $610,000 | $850,000 | 39.3% | 808 |
| Buddina | $780,000 | $1,100,000 | 41% | 1,372 |
| Buderim | $370,000 | $480,000 | 29.7% | 8,585 |
| Burnside | $230,000 | $275,000 | 19.6% | 1,096 |
| Caloundra | $390,000 | $550,000 | 41% | 633 |
| Caloundra West | $240,000 | $320,000 | 33.3% | 2,299 |
| Coes Creek | $235,000 | $280,000 | 19.2% | 539 |
| Coolum Beach | $395,000 | $510,000 | 29.1% | 2,939 |
| Currimundi | $335,000 | $445,000 | 32.8% | 2,336 |
| Dicky Beach | $500,000 | $700,000 | 40% | 687 |
| Eudlo | $245,000 | $335,000 | 36.7% | 79 |
| Eumundi | $295,000 | $460,000 | 55.9% | 438 |
| Flaxton | $265,000 | $345,000 | 30.2% | 130 |
| Forest Glen | $360,000 | $470,000 | 30.6% | 253 |
| Glass House Mountains | $265,000 | $345,000 | 30.2% | 1,243 |
| Golden Beach | $435,000 | $630,000 | 44.8% | 1,875 |
| Highworth | $260,000 | $310,000 | 19.2% | 115 |
| Kenilworth | $162,500 | $305,000 | 87.7% | 134 |
| Kings Beach | $750,000 | $1,050,000 | 40% | 170 |
| Kuluin | $320,000 | $400,000 | 25% | 807 |
| Landsborough | $245,000 | $320,000 | 30.6% | 1,027 |
| Little Mountain | $325,000 | $430,000 | 32.3% | 2,706 |
| Maleny | $275,000 | $415,000 | 50.9% | 940 |
| Mapleton | $285,000 | $370,000 | 29.8% | 448 |
| Marcoola | $455,000 | $710,000 | 56% | 847 |
| Maroochy River | $310,000 | $390,000 | 25.8% | 112 |
| Maroochydore | $425,000 | $540,000 | 27.1% | 3,543 |
| Meridan Plains | $290,000 | $385,000 | 32.8% | 1,113 |
| Minyama | $1,050,000 | $1,400,000 | 33.3% | 893 |
| Moffat Beach | $570,000 | $800,000 | 40.4% | 980 |
| Montville | $275,000 | $360,000 | 30.9% | 107 |
| Mooloolaba | $640,000 | $900,000 | 40.6% | 1,669 |
| Mooloolah Valley | $265,000 | $422,500 | 59.4% | 658 |
| Mount Coolum | $365,000 | $540,000 | 48% | 1,190 |
| Mountain Creek | $345,000 | $450,000 | 30.4% | 3,450 |
| Mudjimba | $550,000 | $720,000 | 30.9% | 788 |
| Nambour | $230,000 | $275,000 | 19.6% | 3,703 |
| Nirimba | $235,000 | $330,000 | 40.4% | 2,161 |
| Pacific Paradise | $275,000 | $385,000 | 40% | 791 |
| Palmview | $255,000 | $355,000 | 39.2% | 2,877 |
| Palmwoods | $300,000 | $420,000 | 40% | 1,855 |
| Parklands | $215,000 | $260,000 | 20.9% | 70 |
| Parrearra | $560,000 | $700,000 | 25% | 1,207 |
| Pelican Waters | $405,000 | $600,000 | 48.2% | 2,917 |
| Peregian Beach | $375,000 | $510,000 | 36% | 402 |
| Peregian Springs | $375,000 | $495,000 | 32% | 1,621 |
| Point Arkwright | $505,000 | $655,000 | 29.7% | 108 |
| Rosemount | $250,000 | $300,000 | 20% | 119 |
| Shelly Beach | $750,000 | $1,050,000 | 40% | 383 |
| Sippy Downs | $295,000 | $325,000 | 10.2% | 2,569 |
| Twin Waters | $445,000 | $620,000 | 39.3% | 931 |
| Warana | $650,000 | $910,000 | 40% | 1,179 |
| Woombye | $265,000 | $350,000 | 32.1% | 1,040 |
| Wurtulla | $510,000 | $660,000 | 29.4% | 2,105 |
| Yandina | $270,000 | $380,000 | 40.7% | 829 |
| Yaroomba | $395,000 | $510,000 | 29.1% | 609 |
Explanatory notes
- The residential market within all localities have increased and show a moderate to significant change in values.
Rural residential land
The table below shows the changes in median value for rural residential land in Sunshine Coast Regional LGA.
| Previous median value (at 1 October 2021) | New median value (at 1 October 2023) | Change in median value | Number of properties |
|---|---|---|---|
| $405,000 | $550,000 | 35.8% | 20,374 |
Explanatory notes
- The rural residential market throughout Sunshine Coast Regional LGA increased significantly, driven by demand for lifestyle properties.
Other land uses
The table below shows the total value of land uses (other than residential and rural residential land) in Sunshine Coast Regional LGA.
| Land use category | Previous total land value (at 1 October 2021) | New total land value (at 1 October 2023) | Change in total land value | Number of properties |
|---|---|---|---|---|
| Commercial | $1,925,647,500 | $2,279,740,300 | 18.4% | 2,029 |
| Industrial | $1,170,960,110 | $1,933,580,700 | 65.1% | 1,762 |
| Primary Production | $473,153,000 | $920,674,000 | 94.6% | 1,018 |
| Multi-Unit Residential | $4,698,380,000 | $6,145,267,800 | 30.8% | 2,763 |
| Other | $554,987,950 | $626,619,200 | 12.9% | 241 |
Explanatory notes
- Commercial land recorded a moderate increase overall due to office vacancy rates of 4 per cent, although retail spending has softened due to inflation.
- Commercial property markets are driven by the food, beverage and entertainment retailers associated with tourism, which has rebounded with airport arrivals above pre-covid levels.
- Industrial land recorded a significant increase due to ongoing supply shortages and low vacancy levels, which is also driving rental growth for leased stock Changes in industrial land values are due to the limited supply.
- Primary production lands recorded a significant increase due to continued market demand for primary production land in areas with a high degree of amenity and services. There is continued market interest in well-located, good quality arable and grazing lands.
- Multi-unit residential land recorded a significant increase due to continued increases in all residential lands. Demand in this sector is due to the stronger tourism market. Tourism accommodation sites are approximately 31 per cent higher.
- Other land recorded minor increases overall.
More information
To view the valuation roll display listing for Sunshine Coast Regional LGA, you can:
- see land valuations online
- visit the Department of Resources, Level 1, Nambour Mill Village, 9-13 Mill Street, Nambour during business hours until 30 June 2024.