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

The median dwelling sale price in Noosa Shire has remained higher than the State at all times
between 1998 and 2015 (Figure 22). In 2015, the median dwelling sale price in Noosa Shire was
$516,500 while in the State it was $430,500.

Figure 22. Median Dwelling Sale Price, Noosa Shire and Queensland, 1998-2015




Source: Queensland Government 2016e;

For detached dwellings (houses), median sale prices in Noosa Shire increased sharply between
around 2002 and 2008, however since the Global Financial Crisis (GFC) in 2008-2009, the median
sale price for detached dwellings has been variable and only for a period in 2010-11 and in 2015
have prices reached a similar level as the peak before the GFC (Figure 23). Brisbane prices seem
not to have been impacted in the same way with prices now considerably higher than they were
just before the GFC. The median sale price of detached dwellings in Noosa Shire has been higher
than the median price in the Sunshine Coast LGA since 1998. The number of sales per quarter of
detached dwellings has been fairly consistent between 1998 and 2015, with a period of higher
sales between 2001 and 03, and a period of lower sales around 2008-2011 (Figure 24).




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