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March Market Wrap with Sirah

March Market Wrap with Sirah

8th of April, 2026

March has revealed an ever-evolving property landscape, shaped by the RBA’s decision to lift the cash rate to 4.10%. While this has placed pressure on borrowing capacity, the impact across the Sunshine Coast and Noosa Hinterland has remained measured.

What we are seeing is not a decline in demand, but rather a transition to a more balanced market. Buyers are more considered, yet still active, particularly those driven by lifestyle and long-term positioning. Limited housing supply continues to underpin values, ensuring that well-presented and well-located properties are still attracting strong interest.

Insights from Cotality’s latest Housing Report reinforce this trend. Australia’s total residential real estate value now sits at $12.5 trillion, with annual growth accelerating to 9.9% in February. Again, regional markets continue to outperform capital cities, with sales activity tracking 8.9% higher year-on-year.

Interstate migration continues to play a role in our resilient statewide market, supported by lifestyle appeal, relative affordability and employment opportunities. According to Australian Bureau of Statistics data, by the time the Olympic flame is lit in 2032, Queensland’s population is expected to rise by over 16%, supporting long-term property values.

Closer to home, Noosa’s global reputation as a lifestyle destination continues to elevate our market. Recognised as one of the top 10 Booking.com “Most Welcoming Towns on Earth” – and the only Australian destination to make the global list – it also now comes with a $2.34 million median price tag, reflecting the enduring demand for exceptional liveability.
From a Hinternoosa perspective, March has been an active month. Sixteen properties were listed, alongside a growing number of off-market opportunities. Robust results followed, including a street record at 5 Applegum Street, Noosaville, and a new suburb benchmark for Verrierdale, with the sale of 63 to 83 Sudholz Road.

Buyer engagement remains high, with 306 groups attending 58 open homes. And, in contrast to national trends where selling timelines are extending, many recent listings have averaged just 13 days on market. The sale of 63 Martins Road, Cooroy; 52 Woongar Street, Boreen Point; 42 Top Forestry Road, Ridgewood; and 109 Laguna Grove, Doonan all highlight the strong local demand.

As we move through the year, limited supply, steady migration and an unwavering lifestyle appeal will continue to support our market. If you are considering your next move, our team offers local expertise, a personalised approach, and a genuine passion for the Noosa Hinterland. We are here to guide you with clarity and care.