Marcoola makes property top 10
Marcoola is in the top 10 property hotspots outside Brisbane in the latest property report from market analysts RP Data.
The beachside town comes in at No. 7, with 28.2% growth in the last year to bring the median housing price to $460,250.
Two other Coast towns made the top 10.
Kureelpa had the biggest growth, with 30% and a median housing price of $537,500.
Eudlo jumped by 27.7% to $415,000.
Strong population growth is tipped to keep prices in key Coast growth areas at a healthy level in the coming years.
North Shore Realty real estate agent and Marcoola resident Keith Blanchard said he wasn’t surprised by Marcoola’s inclusion in the top 10.
Mr Blanchard said the town was continuing to grow because it was helped along by improved access and infrastructure.
“It’s an area which has been left untouched for so long,” Mr Blanchard said.
“It’s a combination of improving the roads, infrastructure and the growth of retail in the area.
“It’s a lovely spot to go to the beach and more and more people are finding they want to live here.
“And comparatively, looking at Mooloolaba and Maroochydore on one side and then Noosa on the other, there is still a lot of room to move with property prices.”
Mr Blanchard said for $460,000, people could expect to buy a “10 to 20-year-old lowset beach house-style property” which was particularly attractive for young families.
“I think there is a real community environment here, where people make people feel welcome,” he said.
“The area is changing. We are getting more restaurants, cafes so it is more attractive in the lifestyle stakes than it used to be.
“It is not the same place it was five years ago – it has grown.
“And once they finish the bridges there is no reason this growth won’t continue.”