Mooloolaba: House prices have risen 77 per cent in five years at this beach town

Imagine the ideal place to call home. Does it include barefoot beach days, swimming in glistening waters, and then grabbing lunch at a nearby fish and chips shop? Or perhaps it involves afternoon strolls along an esplanade or wharf, with dripping ice cream in hand, enhanced by the gentle sea breeze?

Such doses of vitamin sea are just the daily norms for the fortunate locals that call Mooloolaba home, a coastal gem nestled along Queensland’s coveted Sunshine Coast.

Happiness comes in waves

Living this sun-kissed life first-hand is Shane Newton, a barista by trade and the proud owner of Hustle + Flow. After moving to the Sunshine Coast in 2002, he later combined Australia’s love for cafes and beach culture by opening his shop under the Surf Club Mooloolaba.

“Working right on the beachfront, I get to witness Mooloolaba’s irresistible coastal charm unfold daily,” Newton shares. “I love to watch residents take advantage of the gorgeous weather and beach, of people ocean swimming or paddling at the crack of dawn, even in winter!”

[TAG0]

Beach-town living here is still more affordable than Sydney. Photo: Tourism Australia

When not fuelling locals with specialty coffee and small treats, Newton paints a picturesque image of how he loves to spend his own downtime.

“I’d get up early and walk the beach track along to the spit before popping into the cafe for a coffee, followed by a swim and lay down on the beach,” he describes. “Then, I’d head over to the wharf to Rice Boi for lunch before heading back for afternoon beers on the surf club’s deck to watch the waves roll in—call it cliched, but every day truly feels like a holiday.”

A sunny and stable investment

Hamish Bolderston, sales agent at McGrath Mooloolaba, passionately affirms how the allure of Mooloolaba goes far beyond the water’s edge, noting that the suburb offers a whole package of benefits.

“The increase in the number of people who can work from home has resulted in more younger professionals and their families moving to Mooloolaba, wishing to live 10 minutes from the beach at relatively good prices, particularly compared to Sydney and Melbourne,” Bolderston explains. “This creates a blend of seasoned locals and fresh faces, making settling in Mooloolaba a welcoming breeze.”

Despite prices stabilising, Mooloolaba’s median house price sits at $1.35 million, showcasing a 4.7 per cent year-on-year increase, contributing to a staggering 77.6 per cent rise in just five years, according to Domain’s latest House Price Report.

“Adding to its appeal, Mooloolaba is close to a variety of highly regarded private schools and a university, meaning families can rest easy regarding their children’s development,” he emphasises. “The Sunshine Coast Airport is also within reach, offering direct flights to most Australian destinations and New Zealand – as for travels further afield, Brisbane International Airport is just a quick one-hour journey.”

For sale in Mooloolaba right now..

[TAG1]

36 Amarina Avenue, Mooloolaba QLD 4557

This sunny and spacious waterfront home fosters indoor-outdoor living with living areas flowing to an al fresco setting and resort-style pool. Versatility shines with a self-contained downstairs space for income or guests, while a boat ramp welcomes you to BYO boat.

Article source: Queensland Property Investor