SUBURB HIGHLIGHT MOOLOOLABA

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Why are people buying property in Mooloolaba?

Mooloolaba, a coastal suburb on Queensland’s Sunshine Coast, is a seaside suburb characterized by its golden beaches, vibrant beachfront culture, and welcoming community. Nestled along the Coral Sea, it offers an enticing mix of water-based activities, from surfing and paddleboarding to deep-sea fishing, while its esplanade boasts a lively dining and shopping scene. The community’s diversity, which includes permanent residents, holidaymakers, and tourists, contributes to the suburb’s infectious energy, making it an ideal destination for those seeking both coastal relaxation and vibrant beachfront living on the doorstep of the thriving city of Maroochydore.

Buying property in Mooloolaba? A Property Market Overview:

The size of Mooloolaba is approximately 4 square kilometres. It has 11 parks covering nearly 9.1% of the total area, with a population of approximately 7,700 people (ABS 2016).

Mooloolaba median property prices over the last 12 months (Oct 2022 – Oct 2023) range from $1.375m for houses to $697,500 for units. If you are looking for an investment property, houses in Mooloolaba rent for a median weekly price of $763 with an annual rental yield of 3.4% and units rent for a median weekly price of $560 with a rental yield of 4.5%.

Population (ABS 2016)7.7k5-year population change
(ABS 2016)
5.5%
Total Dwellings (houses)1,720Total Dwellings (units)4,499
Av Length of Ownership11.3 years30-Year Historical Performance7.5%
Median House Price$1,375,000Median Unit Price$697,500
% of Owner-Occupiers53.3%% of Renters46.7%
Houses Rental yield3.4%Unit Rental Yield4.5%

Source: Corelogic & Pricefinder October 2023

Top Reasons Why People are Moving to Mooloolaba:

  1. Location: Mooloolaba is a vibrant coastal suburb located on the Sunshine Coast. Mooloolaba is part of the Maroochydore urban centre, making it a prime destination for residents and tourists alike. Nestled along the stunning coastline of the Coral Sea, this beachside haven is renowned for its picturesque beaches, thriving marine life and access to the Sunshine Coast’s many conveniences and amenities.
  2. Amenities & Convenience: Mooloolaba is well-equipped with a wide range of amenities. The esplanade is dotted with restaurants, cafes, and boutique shops, providing a delightful dining and shopping experience with ocean views. There are also medical facilities, schools, and supermarkets nearby, ensuring residents have all the essentials within reach. Mooloolaba is well-connected by road, with easy access to the Bruce Highway. The Sunshine Coast Airport is approximately 15 kilometres away, providing domestic & international flight options for both business and leisure travellers.
  3. Recreation: The suburb is a recreational paradise, with water sports taking centre stage. You can enjoy activities like paddleboarding, jet-skiing, and kayaking on the river or try your hand at deep-sea fishing in the Coral Sea. The Mooloolaba Wharf and The Spit are popular spots for fishing and boating
  4. Education: For families, Mooloolaba offers several education options close by, including primary and high schools such as Mooloolaba State School, Mountain Creek State High School & Matthew Flinders Anglican College. The University of the Sunshine Coast, located nearby, provides tertiary education opportunities for school leavers.
  5. Real Estate: Real estate in Mooloolaba is diverse, offering a mix of beachfront and canal apartments, townhouses, and houses. The property market caters to a range of budgets and preferences with a median house price below major cities such as Melbourne & Sydney, offering options for those seeking a permanent residence, a holiday home, or an investment property

Living Your Luxe Life Podcast: Hidden Gems of Mooloolaba, recommended by locals!

Discover the hidden gems in and around Mooloolaba on the Living Your Luxe Life Podcast, as Christine engages with locals who’ve embraced this region as their “home,” and delves into the relationship between home, lifestyle, and community. Through her role as a property buyer’s agent, Christine can dissect the region’s broader economic and property growth influences, situating them within the property cycle.

Top Recommendations for Mooloolaba:

Other suburbs you may like:

  • Buderim Suburb Highlight
  • Coolum Suburb Highlight
  • Noosa Heads Suburb Highlight

Buying Property in Mooloolaba? Let us help you find your luxe life!

Get the latest insights, property market knowledge and buying strategies, and discuss your plans for purchasing property on the Sunshine Coast in an obligation-free, one-on-one consult with Christine Mount.