Why Sunshine Coast Property Prices Keep Climbing (And What to Expect Next)
With Leigh Martinuzzi MPG – eXp Australia
April wrapped up with another steady performance in Australia’s property market, with national prices edging up 0.3% for the month. While this is slightly below March’s 0.4% growth, it marks the third consecutive month of gains—driven largely by improving buyer confidence off the back of recent interest rate cuts and growing expectations for more to come.
Regional areas once again outperformed the capitals, recording a 0.6% rise compared to a more modest 0.2% in the cities. It’s a pattern we’ve seen before, particularly during the pandemic, and it’s making a return. Lifestyle locations and affordability continue to pull buyers away from the big smoke—and we’re seeing that trend firsthand here on the Sunshine Coast.
April’s softer pace could be chalked up to a few things: the Easter slowdown, extra public holidays, and uncertainty following the U.S. tariff announcements, which may have weighed on buyer and seller activity. Auction volumes hit their lowest level since 2019, and new listing numbers across capital cities fell to just under 19,650 in the four weeks to April 27th.
But now, with the election behind us and the Reserve Bank set to meet again on the 20th of May, there’s potential for a rate cut—and with that, possibly a surge in activity leading into the winter season.
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Here on the Sunshine Coast, prices continue to climb, with annual gains across most suburbs ranging between 5% and 15%—some even pushing above that. In areas like Nambour, where buyers can still find strong value and relative affordability, demand has been particularly intense. Realestate.com.au reports an impressive 12.5% increase in Nambour’s annual prices, a figure that’s no doubt being fuelled by a wave of first-home buyers and budget-conscious upgraders looking for more bang for their buck.
Of course, that sort of demand only drives prices up further. While Nambour might offer more listings compared to other parts of the Coast, the buyer competition is just as fierce—if not more so. And when stock is low, sellers often have the upper hand, pushing prices higher in the process.
It’s this delicate dance between supply, demand, and borrowing power that keeps our market in motion. A rate cut in May might be welcomed by many, but I’m personally a bit cautious. Yes, it improves borrowing capacity, but it also puts more fuel on the fire in a market already grappling with low stock. Increased demand, higher asking prices, and limited availability—it’s a recipe for continued price escalation.
Still, the market isn’t surging the way it did through 2021–2022. Gains are more measured, confidence is rising slowly, and most indicators point to steady growth. I expect Sunshine Coast property values will finish 2025 somewhere between 7% and 10% higher year-on-year—a healthy result, particularly given the resilience of our region and the lifestyle appeal that keeps people coming.
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