Could Kings Beach be the Best area to buy on Sunshine Coast? Read on to find out!
Date Prepared: 27th December 2024
Overview
Kings Beach, located just 1 km from Caloundra CBD and 96 km north of Brisbane, is a vibrant and picturesque coastal suburb celebrated for its pristine beaches, family-friendly amenities, and thriving local community. Combining natural beauty with modern conveniences, Kings Beach offers an idyllic lifestyle for families, retirees, and investors.
Suburb Snapshot
- Median House Price (2024): $2,150,000
- Annual Growth Rate (2024): -46.2%
- Distance to Brisbane CBD: 96 km (Approx. 1 hour 20 minutes’ drive)
- Distance to Sunshine Coast CBD: 20 km (Approx. 25 minutes’ drive)
- Distance to Kawana CBD: 8 km (Approx. 12 minutes’ drive)
- Distance to Caloundra CBD: 1 km (Approx. 3 minutes’ drive)
Kings Beach’s prime location and lifestyle appeal position it as a standout destination in the Sunshine Coast region.
Demographics
- Population: 3,500 (approx.)
- Median Age: 43 years
- Housing Types: Predominantly detached houses with some modern apartments and boutique townhouses (ABS 2021).
Kings Beach’s vibrant community is a blend of families, retirees, and professionals, fostering a welcoming and inclusive atmosphere.
Property Market Overview
House Market
- Median Sale Price (2024): $2,150,000
- Median Weekly Rent (2024): $700
- Rental Yield: 1.6%
Unit Market
- Median Sale Price (2024): $780,000
- Median Weekly Rent (2024): $600
- Rental Yield: 4.0%
Long-term Growth
Kings Beach has experienced fluctuating growth over the years. The median house price increased from $823,000 in 2006 to $2,150,000 in 2024. This represents an annual growth rate of 5.72% over 18 years, showcasing its appeal as a prime coastal investment.
- Significant Growth Spurts:
- 2022: +150.3% (High demand for coastal properties post-pandemic)
- 2024: -46.2% (Market correction following peak years)
Vacancy Rates
- Vacancy Rate (Nov 2024): 1.8%
Notable Recent Sales
- 7 Burgess Street – $4,425,000 (Jul 2024)
- 4 King Street – $2,750,000 (Aug 2024)
- 6 Ernest Street – $2,000,000 (Jul 2024)
Education Options
- Primary Schools: Caloundra State School, Talara Primary College
- Secondary School: Caloundra State High School
- Private Schools: Our Lady of the Rosary School, Pacific Lutheran College
- Child Care Centres: 4 (sourced from Toddle, CareforKids, and LocalSearch)
Lifestyle and Amenities
Shopping and Dining
Kings Beach residents enjoy access to local cafes, boutique shops, and nearby Stockland Caloundra Shopping Centre, providing a range of retail, dining, and entertainment options.
Parks and Recreation
- Kings Beach: A patrolled beach renowned for its family-friendly environment, rock pools, and oceanfront dining.
- Caloundra Coastal Walk: A scenic trail connecting Kings Beach to nearby beaches, perfect for walking and cycling.
Health and Wellbeing
- Local Healthcare Services: Caloundra Health Service, Kings Beach Medical Centre
- Closest Hospitals: Sunshine Coast University Hospital (Birtinya), Caloundra Health Service
- Pharmacies: Multiple options available in Kings Beach and surrounding areas.
- Community Health Initiatives: Regular fitness and wellness programs hosted by local groups.
Community and Employment
- Key Employment Sectors: Tourism, retail, healthcare, and education.
- Community Activities: Surf clubs, local markets, and cultural festivals contribute to Kings Beach’s lively community spirit.
Recent and Planned Developments
Recent Developments
- Kings Beach Parkland Upgrade (2023): Enhanced picnic areas, playgrounds, and walking trails for community use.
- Kings Beach Streetscape Revitalisation (2023): Improved pedestrian pathways, lighting, and landscaping.
Planned Developments
- Coastal Pathway Extension (Planned 2026): A major infrastructure project enhancing connectivity for cyclists and pedestrians.
- Kings Beach Community Hub (Planned 2028): A modern facility providing event spaces, recreational amenities, and community programs.
For more development projects on the Sunshine Coast, [Click here].
For more development projects in South East Queensland, [Click here].
Key Statistics Table
| Metric | Value |
|---|---|
| Population | 3,500 (approx.) |
| Median House Price (2024) | $2,150,000 |
| Median Unit Price (2024) | $780,000 |
| Median Weekly Rent (House) | $700 |
| Median Weekly Rent (Unit) | $600 |
| Rental Yield (House) | 1.6% |
| Rental Yield (Unit) | 4.0% |
| Vacancy Rate (Nov 2024) | 1.8% |
| Child Care Centres | 4 |
Sunshine Coast Buyer’s Agent Introduction
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Conclusion: Why Choose Kings Beach?
Kings Beach offers a perfect blend of coastal luxury, strong community vibes, and investment potential. Its iconic beach, excellent amenities, and ongoing developments make it a top choice for families, retirees, and investors.
Ready to make Kings Beach your next destination? Contact us today to begin your journey!