PHOTO: Real Estate Institute of Queensland chief executive officer Antonia Mercorella. (Supplied)
The pristine peaks of aqua-coloured swell, combined with a balance of untamed national parks and a trendy town centre has captured the hearts — and wallets of Australia.
Key points:
- The Real Estate Institute of Queensland says Noosa is the most expensive housing market in the state
- The average house price has surpassed $900,000, an annual growth of 15.4 per cent
- Property experts say the upward trend in prices for the area is likely to continue
Noosa, on the Sunshine Coast, has long-been known as the crown jewel of Queensland — and now has the figures to prove it.
According to new statistics from the Real Estate Institute of Queensland, the local government electorate has been crowned the most expensive housing market in the state.
Experts say a mixture of the global pandemic, the increased ability to work from home and low interest rates has inspired lifestyle changes and retirees to bring life plans forward to live in Noosa.
READ MORE VIA ABC
MOST POPULAR
Labour’s housing package naive at best, plain dumb at worst
Government removes blanket family home exemption for extended bright-line test
Couple reveal ‘light bulb’ moment that helped them net $1m a year in rents and retire in their 20s
Unintended Consequences Of Today’s Housing Announcements
Wallaby great George Gregan’s cafe and restaurant business collapses
What kinds of homes qualify under the new First Home Loan and First Home Grant spending caps?
Abandoned land for sale
New map shows New Zealand suburbs with fastest rising house prices
NZ government takes bold action to curb soaring house prices
New Realtors Pile Into Hot Housing Market. Most Find It Tough Going