2015-08-18 Planning and Organisation Committee Attachment 1 to Item 8 AEC Noosa Economic Profile Final Report

Noosa Economic Profile
Final


          Figure 4.2: Median Rents for Flats/Units, Noosa Shire LGA and Queensland, 2001 - 2014
                                                 $400


          Median Rent for Flats/Units ($/week)   $350


                                                 $300


                                                 $250


                                                 $200


                                                 $150


                                                 $100


                                                  $50


                                                   $0
                                                        2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

                                                                               Noosa Shire LGA   Queensland

          Note: Median Rents are for 2 bedroom flats/ units and valued at $ per week.
          Source: QGSO (2015).


           Figure 4.3 shows that median rents for houses in Noosa Shire rose by an estimated
            annual average of 6.1% between 2001 and 2014. 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.




                                                                                                                                20