Noosa Property Market Report: Financial Year 2024 – 2025 In Review
I’ve spent years tracking trends and interpreting the forces shaping Noosa’s property market. Looking ahead to 2035, I believe the decade to come will reshape the way Australians live, buy, and invest, particularly in lifestyle destinations like Noosa. Australia is growing at a faster pace than ever before, with an additional 893 people arriving every day. By 2035, we are expected to reach a population of 31,000,000, and remarkably, two thirds of that growth will come from migration.
At the same time, our population is ageing. By 2070, one in four Australians will be over 65 years old. Single person households are already the fastest growing household type, revealing how sharply our housing needs are changing. We currently have 13,000,000 spare bedrooms across the country, a clear sign that our homes are out of step with how people actually live. I expect to see increased demand for more efficient, flexible, and well-located dwellings, particularly those designed to meet the needs of older or single occupant households. Noosa, with its planning restrictions and natural limits on expansion, stands in stark contrast to many other markets grappling with urban overdevelopment. Where cities like Sydney push for higher density, Noosa’s environmental protections and community priorities have preserved its low rise character. That scarcity is our greatest strength. It limits supply in a market where demand will continue to build, enhancing both exclusivity and long term value.
Climate resilience is becoming a critical factor in property decisions. By 2030, one in 25 Australian homes could be uninsurable due to environmental risk. We’ve already seen insurers retreat from vulnerable areas overseas, such as in parts of California, where wildfire exposure made one in ten properties uninsurable. In coastal regions like ours, properties that demonstrate resilience will command increasing premiums. Noosa’s proactive approach to environmental management puts us ahead of many comparable locations, but due diligence will become more important than ever.
The broader shape of the Australian property landscape is also shifting. Saving for a deposit now takes twice as long as it did a generation ago, and in cities like Sydney it exceeds ten years. First home buyers are getting older, and apartments and townhouses are becoming the new normal, especially as traditional block sizes shrink. By 2035, the average Australian home is expected to cost $1,500,000. That figure tells us not only where the market is headed but who it will serve and what buyers will prioritise.
In this context, I see Noosa’s luxury market continuing to outperform. Limited stock, a pristine environment, and growing global appeal are a powerful combination. As economic and geopolitical uncertainty rises, lifestyle led destinations that offer security, climate advantage, and a strong sense of place will become increasingly desirable. Property owners who plan with a long view will be best positioned.
Intergenerational wealth transfer is expected to exceed 150 billion dollars annually by 2035. Those who understand how to align with shifting demand, whether through thoughtful renovation, strategic divestment, or acquisition, will be best placed to benefit. The story of 2035 is already unfolding. Making smart, informed decisions now will help ensure that what you own today remains relevant, resilient, and desirable in the decade to come.
Our agents are area experts, offering years of experience and in-depth knowledge, so if you are thinking of buying or selling, why not take advantage of our specialised advice. Click on the suburb below for a more detailed micro-market report, prepared by our agents specially for you.
