Could Bokarina be the Best Area to Buy on Sunshine Coast? Read on to find out!
Date Prepared: 28th December 2024
Overview
Bokarina, located 7 km south of Kawana Waters CBD and 94 km north of Brisbane, is a premium coastal suburb renowned for its pristine beaches, modern lifestyle amenities, and vibrant community spirit. Offering a blend of luxury waterfront properties and family-friendly living, Bokarina is a standout destination for buyers and investors seeking high-growth opportunities on the Sunshine Coast.
Suburb Snapshot
- Median House Price (2024): $1,450,000
- Annual Growth (2024): 0.0%
- Distance to Major Locations:
- Brisbane CBD: Approx. 94 km (Approx. 1 hour 20 minutes’ drive)
- Sunshine Coast CBD: Approx. 15 km (Approx. 20 minutes’ drive)
- Kawana Waters CBD: Approx. 7 km (Approx. 10 minutes’ drive)
- Caloundra CBD: Approx. 10 km (Approx. 15 minutes’ drive)
Demographics
- Population: 2,857 (2021 Census, ABS)
- Median Age: 40 years
- Housing Types: Predominantly detached houses with a mix of luxury beachfront and family-oriented properties.
Property Market Overview
- House Prices: Median of $1,450,000 in 2024, showcasing stability and premium positioning.
- House Rent: Median weekly rent of $975.
- Rental Yield (Houses): 3.5%.
- Unit Prices: Median of $1,612,500 in 2024.
- Unit Rent: Median weekly rent of $795.
- Rental Yield (Units): 2.6%.
- Vacancy Rate (Nov 2024): 2.0%.
Long-Term Growth:
Bokarina’s median house price increased from $475,000 in 2006 to $1,450,000 in 2024, representing an annual growth rate of 6.7% over 18 years. The suburb experienced significant growth in 2021 (+52.8%) and 2019 (+16.8%), driven by enhanced infrastructure and demand for coastal properties.
Notable Recent Sales:
- 221 Oceanic Drive South: Sold for $2,525,000 (Dec 2024)
- 1 Magnolia Drive: Sold for $1,345,000 (Dec 2024)
- 10 Offshore Street: Sold for $1,925,000 (Oct 2024)
Education Options
- Primary Schools: Buddina State School.
- Secondary Schools: Kawana Waters State College.
- Private Schools: Sunshine Coast Grammar School.
- Child Care Centres: 2 local centres providing early learning and care.
Lifestyle and Amenities
- Shopping Centres: Kawana Shoppingworld offers retail, dining, and entertainment options.
- Parks and Recreation: Bokarina Beach and Lake Kawana provide exceptional outdoor spaces for activities and relaxation.
- Unique Highlights: Bokarina’s coastal walking trails and beachfront access.
Health and Wellbeing
- Hospitals: Sunshine Coast University Hospital and Birtinya Private Hospital, both offering state-of-the-art medical services.
- Pharmacies: Multiple options within a 5 km radius, ensuring convenient access to essential medications.
- Community Health Initiatives: Local health and wellness programs, including fitness groups and mental health support services.
Community and Employment
- Employment Sectors: Healthcare, retail, and education dominate, supported by proximity to the Sunshine Coast Health Precinct.
- Community Activities: Local events, markets, and beach clean-up initiatives foster strong community ties.
Recent and Planned Developments
- Bokarina Beach Development: A mixed-use precinct combining residential, retail, and recreational spaces, set for completion in 2026, promising enhanced lifestyle and investment appeal.
- Sunshine Coast Light Rail Project: Planned to connect Bokarina to key Sunshine Coast hubs, boosting accessibility and property demand by 2028.
For more development projects in Sunshine Coast, [Click here].
For more development projects in South East Queensland, [Click here].
Key Statistics Table
| Metric | Value |
|---|---|
| Population (2021) | 2,857 |
| Median House Price (2024) | $1,450,000 |
| Median Unit Price (2024) | $1,612,500 |
| Median House Rent | $975 per week |
| Median Unit Rent | $795 per week |
| Rental Yield (Houses) | 3.5% |
| Rental Yield (Units) | 2.6% |
Sunshine Coast Buyer’s Agent Introduction
Looking for the best buyer’s agents for the Sunshine Coast? IPS Buyer’s Agent has you covered! We are a full-service buyer’s agent on the Sunshine Coast. Whether you’re a first-time buyer, upsizing, downsizing, or looking for luxury property, our expert Suburb Profiles and dedicated services will guide you every step of the way. Contact us for comprehensive advice tailored to your needs.
Conclusion: Why Choose Bokarina?
Bokarina combines the charm of coastal living with modern amenities, offering a premium lifestyle and strong investment potential. Its stable property market, excellent infrastructure, and vibrant community make it an ideal choice for families, professionals, and investors. With upcoming developments and long-term growth trends, Bokarina is well-positioned as a prime Sunshine Coast destination.
Ready to make Bokarina your next destination? Contact us today to begin your journey!