2017-04-11 P&E Agenda Attachment 1 to Item 1 Housing Needs Assessment

Median rents for flats/ units in the Shire generally remained higher than the State between 2001
and 2006. Although from 2007 onwards, the median rent in Noosa Shire has been equal to, or
slightly below, that of the State (with the exception of 2014 where median rents were $340 and
$330 per week respectively).

Figure 15. Median Rents for Flats/Units (two bedrooms), Noosa Shire and Queensland,
2001-2014




Source: AEC Group 2015;

Median rents for houses in Noosa Shire rose by an estimated annual average of 6.1% between
2001 and 2014 (Figure 16). This is slightly higher than the State where the median rents for
houses was estimated to have grown by 5.7% annually on average over the same period.

Median rents for houses in the Shire remained higher than the State between 2001 and 2014. In
2014 the median rent for houses in the Shire was $400 per week compared to $350 per week for
the State. The difference in the median rents for houses between the Shire and the State in 2014
($50 per week) was at its highest over the forecast period.




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