Could Minyama be the Best Area to Buy on Sunshine Coast? Read on to find out!
Date Prepared: 28th December 2024
Overview
Minyama, located 3 km south of Kawana Waters CBD and 92 km north of Brisbane, is an exclusive waterfront suburb known for its luxury canal-front homes, thriving community, and modern amenities. With its prime location and stunning lifestyle offerings, Minyama is a standout choice for buyers and investors seeking prestige and growth potential on the Sunshine Coast.
Suburb Snapshot
- Median House Price (2024): $2,140,000
- Annual Growth (2024): -0.5%
- Distance to Major Locations:
- Brisbane CBD: Approx. 92 km (Approx. 1 hour 20 minutes’ drive)
- Sunshine Coast CBD: Approx. 12 km (Approx. 15 minutes’ drive)
- Kawana Waters CBD: Approx. 3 km (Approx. 5 minutes’ drive)
- Caloundra CBD: Approx. 13 km (Approx. 20 minutes’ drive)
Demographics
- Population: 3,200 (2021 Census, ABS)
- Median Age: 50 years
- Housing Types: Predominantly detached houses, many of which are luxury canal-front properties.
Property Market Overview
- House Prices: Median of $2,140,000 in 2024, reflecting the suburb’s exclusive appeal.
- House Rent: Median weekly rent of $1,100.
- Rental Yield (Houses): 2.7%.
- Unit Prices: Median of $673,000 in 2024.
- Unit Rent: Median weekly rent of $650.
- Rental Yield (Units): 5.0%.
- Vacancy Rate (Nov 2024): 1.7%.
Long-Term Growth:
Minyama’s median house price increased from $985,000 in 2006 to $2,140,000 in 2024, representing an annual growth rate of 4.8% over 18 years. The suburb experienced significant growth in 2021 (+39.1%) and 2020 (+30.7%), driven by heightened demand for luxury waterfront properties.
Notable Recent Sales:
- 124 Mooloolah Drive: Sold for $5,150,000 (Oct 2024)
- 112 Mooloolah Drive: Sold for $7,500,000 (Oct 2024)
- 14 Mooloolah Drive: Sold for $8,250,000 (Jul 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 extensive retail, dining, and entertainment options.
- Parks and Recreation: Mooloolah River and La Balsa Park provide scenic spots for outdoor activities.
- Unique Highlights: Luxury canal living with direct boating access to the ocean.
Health and Wellbeing
- Hospitals: Sunshine Coast University Hospital and Birtinya Private Hospital, offering world-class healthcare.
- Pharmacies: Multiple options within a 3 km radius for convenience.
- Community Wellness Programs: Local fitness and wellness initiatives promote a healthy lifestyle.
Community and Employment
- Employment Sectors: Healthcare, retail, and construction dominate the local economy.
- Community Activities: Local markets, boating clubs, and social events foster community engagement.
Recent and Planned Developments
- Mooloolah River Bridge Project: Scheduled for completion in 2026, this project will improve connectivity and boost local property values.
- Kawana Marina Expansion: Set to enhance mooring facilities and promote tourism 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) | 3,200 |
| Median House Price (2024) | $2,140,000 |
| Median Unit Price (2024) | $673,000 |
| Median House Rent | $1,100 per week |
| Median Unit Rent | $650 per week |
| Rental Yield (Houses) | 2.7% |
| Rental Yield (Units) | 5.0% |
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 Minyama?
Minyama offers an unparalleled waterfront lifestyle, combining luxury living, excellent amenities, and strong investment potential. Its prime location, thriving community, and upcoming developments make it a premier choice for families, professionals, and investors. Minyama stands out as one of the most prestigious destinations on the Sunshine Coast.
Ready to make Minyama your next destination? Contact us today to begin your journey!