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Suburb Profile FY 22-23

Despite a recent dip in Sunshine Beach’s median house prices following the COVID-19 peak, it remains a promising investment opportunity. The rolling 12-month median sales price can give the impression of a significant 30% drop when compared year-to-year, but the reality is different.

Sunshine Beach’s limited supply and a record-breaking fiscal year in 2021/2022 offset the apparent drop in values, which is closer to 10% when considering the median. Balancing vendor expectations with buyer perceptions has been a challenge, but it’s worth noting the exceptional price increases in the preceding financial year, making Sunshine Beach an attractive investment option.

Population

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5 Year Population Growth

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Owner Occupied

5 Year Median House Trend

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Median House Price

(July 2022 – June 2023)

12 Month Growth

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(July 2022 – June 2023)

Total Sales

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Median Time on Market

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5 Year Median Unit Trend

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Median Unit Price

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12 Month Growth

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(July 2022 – June 2023)

Total Sales

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Median Time on Market

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