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

Figure 20. Median Rents by Locality, Four Bedroom House, Noosa Shire, 2011-2016




Source: Residential Tenancies Authority 2016;

3.1.8    Rental Vacancy Rates
The Real Estate Institute of Queensland (REIQ) published data on rental vacancy rates. The
amalgamation of Noosa Shire to form the Sunshine Coast Regional Council and subsequent de-
amalgamation, have impacted the availability of data for rental vacancies. The chart below
(Figure 21) shows rental vacancy rates for ‘Noosa coast’ and ‘Sunshine Coast hinterland’ during
the time of amalgamation, and ‘Noosa LGA’ for the period after de-amalgamation. This data
shows a declining trend in vacancy rates over the last five years from around 4-5% in 2010 to
around 1-2% since 30 March 2014.

Figure 21. Rental vacancy rate by quarter, Noosa Shire, September 2010 - March 2016




Source: REIQ 2016;

3.1.9    Dwellings Sales Data
The median dwelling sale price in Noosa Shire rose by an estimated annual average rate of 1.8%
between 2005 and 2015. This is slightly lower than the State where the median dwelling price was
estimated to have grown by 3.9% annually on average over the same period.



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