Could Meridan Plains be the Best area to buy on Sunshine Coast? Read on to find out!
Date Prepared: 28th December 2024
Overview
Meridan Plains, nestled just 5 km northwest of Caloundra CBD and 92 km north of Brisbane, is a family-oriented suburb boasting modern housing estates, lush green spaces, and proximity to essential amenities. Its convenient location and tranquil environment make it a popular choice for families, retirees, and investors seeking strong growth potential on the Sunshine Coast.
Suburb Snapshot
- Median House Price (2024): $895,000
- Annual Growth Rate (2024): +15.9%
- Distance to Brisbane CBD: 92 km (Approx. 1 hour 15 minutes’ drive)
- Distance to Sunshine Coast CBD: 15 km (Approx. 20 minutes’ drive)
- Distance to Kawana CBD: 7 km (Approx. 10 minutes’ drive)
- Distance to Caloundra CBD: 5 km (Approx. 10 minutes’ drive)
Meridan Plains’ blend of convenience, community, and modern living ensures its appeal continues to grow.
Demographics
- Population: 5,800 (approx.)
- Median Age: 36 years
- Housing Types: Predominantly detached houses with some townhouses and boutique apartments (ABS 2021).
Meridan Plains’ diverse demographic mix includes young families, professionals, and retirees drawn to its peaceful lifestyle and excellent amenities.
Property Market Overview
House Market
- Median Sale Price (2024): $895,000
- Median Weekly Rent (2024): $680
- Rental Yield: 4.1%
Unit Market
- Median Sale Price (2024): $620,000
- Median Weekly Rent (2024): $600
- Rental Yield: 5.0%
Long-term Growth
Meridan Plains has experienced steady long-term growth, with the median house price increasing from $379,000 in 2006 to $895,000 in 2024. This represents an annual growth rate of 5.42% over 18 years, showcasing its robust investment potential.
- Significant Growth Spurts:
- 2021: +18.1% (Increased demand for suburban housing)
- 2024: +15.9% (Continued strong buyer interest and limited supply)
Vacancy Rates
- Vacancy Rate (Nov 2024): 1.8%
Notable Recent Sales
- 69 Haslewood Crescent – $915,000 (Dec 2024)
- 13 Riberry Place – $1,090,000 (Nov 2024)
- 6 Cadagi Street – $1,010,000 (Sep 2024)
Education Options
- Primary Schools: Talara Primary College, Meridan State College
- Secondary School: Meridan State College
- Private Schools: Pacific Lutheran College, Unity College
- Child Care Centres: 5 (sourced from Toddle, CareforKids, and LocalSearch)
Lifestyle and Amenities
Shopping and Dining
Meridan Plains residents have access to a range of local amenities, including Parklands Marketplace and nearby Stockland Caloundra. Dining options abound, from casual cafes to fine dining restaurants.
Parks and Recreation
- Meridan Sports Complex: Featuring fields for soccer, cricket, and other recreational activities.
- Central Lakes Parklands: A scenic area for picnics, walking, and cycling.
Health and Wellbeing
- Local Healthcare Services: Meridan Plains Family Doctors, Caloundra Health Service
- Closest Hospitals: Sunshine Coast University Hospital (Birtinya), Caloundra Health Service
- Pharmacies: Multiple options within and around the suburb.
- Community Health Initiatives: Fitness programs and wellness workshops held regularly.
Community and Employment
- Key Employment Sectors: Healthcare, retail, education, and construction.
- Community Activities: Sporting clubs, local markets, and cultural festivals foster a strong sense of community in Meridan Plains.
Recent and Planned Developments
Recent Developments
- Meridan Village Expansion (2023): New retail and dining establishments to meet growing community needs.
- Parklands Upgrades (2023): Enhanced facilities, walking trails, and playgrounds.
Planned Developments
- Coastal Pathway Expansion (Planned 2026): Improving connectivity for cyclists and pedestrians along the Sunshine Coast.
- Meridan Plains Community Hub (Planned 2028): A multi-purpose facility featuring event spaces, a library, and recreational amenities.
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 | 5,800 (approx.) |
| Median House Price (2024) | $895,000 |
| Median Unit Price (2024) | $620,000 |
| Median Weekly Rent (House) | $680 |
| Median Weekly Rent (Unit) | $600 |
| Rental Yield (House) | 4.1% |
| Rental Yield (Unit) | 5.0% |
| Vacancy Rate (Nov 2024) | 1.8% |
| Child Care Centres | 5 |
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Conclusion: Why Choose Meridan Plains?
Meridan Plains offers a perfect balance of modern convenience, tranquil living, and excellent amenities. With its strong community focus, access to top schools, and proximity to key Sunshine Coast attractions, Meridan Plains is a top choice for families, retirees, and investors.
Ready to make Meridan Plains your next destination? Contact us today to begin your journey!