Top Sunshine Coast Property Hotspots in 2024 | Best Suburbs to Invest
Over the last decade, the Sunshine Coast has transformed from a sleepy beachside escape to one of Australia’s most exciting property markets. With ongoing infrastructure investment, stunning natural surroundings, and a booming population, more buyers than ever are considering a move or investment in this iconic Queensland location.
But with dozens of suburbs stretching from the hinterland to the coast, where exactly should you buy? In this blog, we explore the top-performing and emerging suburbs in the Sunshine Coast region for 2024, using the latest Australian data to help you make informed property decisions.
Why the Sunshine Coast Is Booming
According to the Australian Bureau of Statistics (ABS), the Sunshine Coast’s population has grown by nearly 20% over the past decade. This upward trend continues in 2024, driven by interstate migration, particularly from Sydney and Melbourne, with people chasing lifestyle, affordability, and remote working opportunities.
The Sunshine Coast economy is also expanding beyond tourism, thanks to:
- Major infrastructure projects like the Sunshine Coast Airport expansion
- The Maroochydore CBD Smart City initiative
- The University Hospital and growing health and education precincts
- Excellent transport links to Brisbane (with a new rail line on the horizon)
With limited land available for development close to the coast, demand is outpacing supply in key areas — meaning property prices and rents continue to rise, even as the broader market balances out.
Top Sunshine Coast Property Suburbs to Watch in 2024
Buderim – Prestige Meets Lifestyle
Median House Price (2024): $1.02M
Median Unit Price: $620K
Buderim is one of the Coast’s most established and prestigious suburbs. Located on a lush mountain overlooking the sea, Buderim offers a mix of old Queenslanders, luxury homes, and modern apartments. It’s incredibly popular with families and downsizers due to its elevated location, good schools, and proximity to beaches and the Maroochydore CBD.
Ideal for Families, retirees, and prestige investors.
Mooloolaba – Beachfront Investment Potential
Median House Price (2024): $1.65M
Median Unit Price: $720K
Always in demand, Mooloolaba is a strong performer for capital growth and holiday rental yields. Think walk-to-the-beach apartments, bustling cafes, and a high-end marina precinct. The area’s popularity with tourists keeps rental demand strong year-round, while its walkable lifestyle attracts owner-occupiers and investors alike.
Ideal for Holiday home buyers, short-term investors, and lifestyle seekers.
Maroochydore – The New CBD
Median House Price (2024): $1.12M
Median Unit Price: $665K
The beating heart of the Coast, Maroochydore, is undergoing one of Queensland’s most exciting urban transformations. The Maroochydore City Centre project is bringing in smart tech, commercial space, retail, and residential developments while just minutes from the beach.
Ideal for: Young professional investors looking for growth and strong rental returns.
Peregian Beach – Boutique and Booming
Median House Price (2024): $1.7M
Median Unit Price: $800K
Nestled between Noosa and Coolum, Peregian Beach is a boutique beachside community that blends style and surf. Property is tightly held, and competition is fierce, especially for renovated beach shacks and architect-designed homes. Its community feel, great cafes, and proximity to Noosa make it a rising star.
Ideal for: Owner-occupiers, second-home buyers, and premium investors.
Nambour – Budget-Friendly and Central
Median House Price (2024): $670K
Median Unit Price: $470K
Once overlooked, Nambour is experiencing a quiet resurgence. With more buyers priced out of coastal suburbs, Nambour’s affordability and central location attract first-home buyers and investors. Infrastructure upgrades and local employment opportunities are improving its long-term outlook.
It is ideal for Entry-level investors, first-home buyers, and commuters.
Aura & Caloundra West – Future-Focused Growth
Median House Price (Aura, 2024): $725K
Median Unit Price: $535K
As part of the state government’s largest master-planned community, Aura is attracting much attention. With modern homes, parks, schools, and future transport plans, it’s a family magnet. As the area develops and demand increases, values are expected to rise.
Ideal for Families, growth investors, and first-home buyers.
Maleny & Montville – Scenic Hinterland Escapes
Median House Price (Maleny, 2024): $1.1M
Median House Price (Montville): $1.05M
The Sunshine Coast hinterland is your go-to if you want peaceful living with strong Airbnb potential. These towns offer rainforest retreats, artisan charm, and breathtaking views, all within an hour of the beach. Boutique tourism and lifestyle demand are driving prices higher.
Ideal for: Tree-changers, boutique investors, short-term rental hosts.
What’s Driving Buyer Demand?
Recent data from CoreLogic and SQM Research reveal that Sunshine Coast suburbs continue to outperform much of regional Australia in terms of capital growth and rental yield.
Key drivers include:
- Tight rental supply: Vacancy rates across the Coast remain below 1%, creating upward pressure on rents
- Population growth: Over 360,000 residents and counting
- Job opportunities: Especially in healthcare, construction, tech, and education
- Lifestyle appeal: Beach, bush, and business — all in one location
The Sunshine Coast isn’t just a lifestyle destination — it’s a smart property investment choice in 2024. Whether you’re looking for beachside beauty, hinterland charm, or family-friendly suburbs with growth potential, there’s an area that fits your strategy.
Thorough research is key before making a move. That’s where working with experienced buyer’s agents like Monopoly Wealth comes in. With deep local insight and a data-led approach, we’ll help you uncover hidden gems, assess true property value, and negotiate the right deal.Looking to invest in the Sunshine Coast?
Reach out to Monopoly Wealth for tailored suburb advice, property search, and expert guidance every step of the way.
