Cheapest & Most Expensive Suburbs for Rental on the Sunshine Coast in Australia

Cheapest & Most Expensive Suburbs for Rental on the Sunshine Coast in Australia

Here we are going to list the median weekly rents of most suburbs on the Sunshine Coast Australia between 2018 – 2019 based on data from RP Data

Median weekly rent on the sunshine coast start as low as $280 per week. Being the medium means you can secure rental properties sunshine coast for even less than this. Interestingly the highest median rent is $823 per week. Of course you can go for house rentals on the sunshine coast considerably more than this too, however we are just analysing prices of median rentals in the sunshine coast per suburb. 

Most Cheap & Costly Price Suburbs to Rent on the Sunshine Coast in Queensland

Cheapest Suburbs to Rent on the Sunshine Coast

The cheapest houses for rent sunshine coast are in these two suburbs:

1. Cotton Tree

You might find this as a surprise because Cotton Tree is in demand with plenty to offer. But the medium rental price is just $280 per week and is the cheapest place for rental on the Sunshine Coast. Mainly because Cotton Tree is mostly apartments for rent and many apartments are now dated.

Cotton Tree is popular because it’s right next to the buzz of Maroochydore but also on Maroochydore River and Maroochydore Beach. So it has loads to offer, from fishing, kayaking, surfing, sailing etc. 

From Cotton Tree you can walk straight into Maroochydore for work or pleasure and its demand is only going to grow as the new Maroochydore CBD becomes established. 

Rental Yield is also high through 2018-2019 beaning 6.30%. 

Cotton Tree’s growing economy, which is dominated by developments with the Maroochydore CBD, retail, tourism, and construction, makes rental properties maroochydore a convenient location to live.  Its central location means you are close to everything. Maroochydore Airport is 10 minutes, Sunshine Coast University is 20 minutes, The new University Hospital is under 30 minutes. 

It’s a perfect place to retire and Kath and I have our eye on Cotton Tree as our preferred location to retire. 

Since Cotton Tree is surrounded by clean water, it is understandable that it has an impressive range of water sport activities. If you love water-related activities, rent a boat and head to Pincushion Island at the mouth of the river. This formation of sand and tall rocks is famous with the locals for its fishing and confuses visitors because it seems to move with the changing tide. 

The Cotton Tree promenade at Alexandra Headland offers breathtaking views of the ocean, and along the way, you will find idyllic places to picnic and breathe in the fresh ocean air. 

On weekends, Cotton Tree comes alive with Sunday markets and a thriving outdoor cafe scene. You can browse the stalls and taste some of the fresh coffee locals have to offer. 

If you are a fan of shopping, you can head to Maroochydore Plaza. Living in Cotton Tree means good times with family, in a place where you feel at home on the coast. True to its name, it has native cotton trees – their large, round leaves and twisted branches, which provide welcome shade to this sunny part of the Sunshine Coast.

Enjoying the peaceful view of the river during a long, lazy lunch at one of the many fine restaurants by the river completes a perfect day at the magnificent Cotton Tree. My personal favourite is the Boat Shed

2. Landsborough

Landsborough is yet another affordable yet great place to live in. If you are looking for a place away from the hustle and bustle of the coastal suburbs, The rental yield in this area is 4.6%, and you can rent a property for $395 per week in Landsborough. 

Landsborough is a quiet small town, making it perfect for anyone that wants a slower pace in life. 

Landsborough is located within the Glasshouse Mountains region. It’s fairly quick to travel into Caloundra or up the range to Maleny and Montville. This entire area has waterfalls, lakes, mountains, national parks, and a variety of attractions.   

The suburb is on the train line making fast access into Brisbane for work.  

At the time of writing the cheapest place to run the Sunshine Coast is a 1 bedroom until at Unit 3/29 Kennedy Parade, Golden Beach, Qld 4551 for $245 PW

Whilst this flat is an older property, it is in a quiet complex of 4 properties & is neat, tidy and clean. Offering a kitchen with a small dining/study nook area, lounge room and bedroom. Bedroom has a built in robe and is north facing, with lots of natural light and warmth. You will enjoy a beautiful ocean breeze as Golden Beach is only a short stroll away. The bathroom has a full size bath & shower.

But if you want more cheap rentals sunshine coast, you can house share and rent a room. At the time of writing $145 PW week gets you 1 bedroom in an house share at 6 Flame Tree, Sippy Downs, Qld 4556 

Included in your rent is:

  • FREE Electricity included
  • FREE Water included
  • FREE Unlimited NBN Internet 

This is a share accommodation property, only 4 bedrooms and what is on offer is:

  • Sharing with 3/4 other flat mates
  • FULLY FURNISHED with as new furniture including 2 x lounge suites, Dining table & Chairs, cutlery, pots/pans, plates/bowls, fridge, washing machine.
  • Shared bathroom with twin basins and shower
  • Open plan design common dining area
  • 2 separate common living areas
  • Kitchen with dishwasher and large butlers pantry with extra sink and heaps of shelves
  • Fully fenced yard
  • Outdoor undercover area
  • Double lock up garage – parking to be allocated between tenants.

Most Expensive Places to Rent on The Sunshine Coast

1. Castaways Beach

The charming Castaways Beach is nestled between Sunrise Beach and Peregian Beach and is just 30 minutes from the Sunshine Coast Airport. It is famous for its relaxed and local vibe.

With a 3.40% rental yield of this suburb, you can rent a property in Castaways Beach by paying a medium rent of $823 per week. 

National parks and beaches border this beauty and friendly suburb. Because of its natural surroundings, the size of Castaways will always be the same. So, if you are looking for a small and welcoming place to live in, Castaways Beach might be a good option for you. 

You would be glad to know that all the homes in this area are just a short walk from the beach. Another great thing is that the electrical cabling is underground, so there will be no unsightly overhead wires. 

Also, the suburb has easy access to necessary amenities, including shopping centres, and the restaurants of Hasting Street in Noosa. Yes, just 2 minutes, and you can reach the trendy scenes of  Peregian, Noosa, or Coolum.  

Castaways Beach has scenic hiking trails and is home to koalas and kangaroos, and the surf spot is popular with local surfers for its easy access and consistent and good quality waves.

It is a very isolated beach that is part of its tranquil charm. Its golden sands are supported by the bush, national parks, and certain residential dwellings. There is no esplanade, cafes, or fast food within walking distance, so make sure to carry your picnic supplies from the nearby villages of Peregian Beach or Sunrise Beach if you plan to make it a day. When you are on castaway beach you feel like you could be anywhere in the world. 

cheapest & most expensive suburbs for rental asset agents

2. Mons

This might be a surprise to many. Not to me.  I used to own a property in Mons. Mons is a tiny suburb directly behind Buderim. In fact many people that live in Mons would just tell people they live in Buderim to stop any confusion. 

Most properties in Mons are small acreages, which creates privacy, space and a very green leafy environment to enjoy.

With 3.90% in rental yield, Mons is a good investment. The 2018 – 2019 medium rent in Mons is $775 per week. Which is interesting because the property we owned we used to rent for $800 per week. 

When I lived in Mons we loved the convenience of being minutes to Buderim, minutes to the Bruce Hwy, 10 minutes to Maroocydore and 15 minutes to Monville. We’d often have breakfast in Montville and lunch at the beach.

It’s very close to quality schools like Sunshine Coast Grammar, Suncoast Christian College where my kids attended, Montessori, even Siana and Matthew Flinders are not too far away. 

If you are looking for a small acreage living in a central location this would be the smart pick. You can’t go wrong.

While Woolworths Buderim is the closest main supermarket, Coles North Buderim is almost completed and this too will be very handy for anyone living in Mons. 

Mons is 15 minutes to the airport, 15 minutes to Nambour hospital, 10 minutes to Sunshine Coast University and 20 Minutes to the new Hospital. 

At the time of writing the most expensive property to rent on the Sunshine Coast is $2,000 per week at 512/61 Noosa Springs Drive, Noosa Heads, Qld 4567 4 Bed, 4 Bath, 2 Car

Let me introduce you to 512 Noosa Springs Drive, Noosa Heads on “The Ridge” 

Smart, Classy and Sophisticated – best describes this immaculate four bedroom, 4 bathroom luxurious living home. 

Big, Bold and Beautiful – is what you will experience when you walk through the entrance. 

Spacious master bedroom with ensuite, spa bath and built-in-robes and views from upstairs or maybe you would prefer the master bedroom downstairs, just as spacious and impressive. 

Third bedroom generous and beautifully furnished with ensuite and walk-in-robes 

Fourth Bedroom, generous, ensuite and built-in-robes 

Private and quiet for those times spent in the separate study at the front entrance of the property away from the hub of living 

Open plan lounge/dining which flows onto the spacious gourmet kitchen with stone bench tops and quality appliances 

Amazing Media room which will please the die hard 

Central relaxing and inviting outdoor lounging area perfect enjoyment for reading your favorite book or for that well deserved cup of tea. 

Open the bi fold doors from the lounge to experience the open freedom of the alfresco dining while enjoying the views onto the world class 18 hole golf course and not to distant club house, restaurant, health retreat and day spa. 

Inviting crystal blue in ground pool surrounded by manicured gardens and lawns with reticulation all attended to by private caretaker 

Relax with secure front entrance, large double garage with remote and internal access and separate parking space for the golf buggy.

“Oh did I mentioned the property comes with a golf buggy”! 

* 24 Hour Security and gated entrance

* 5-10 mins to Hastings St, Sunshine Beach and Noosa Junction and nearby newly opened Kawana private hospital. 

But wait there’s more! 

Garden Maintenance, Pool Servicing including chemicals and a private caretaker for maintenance services all included 

Truly a magnificent property ideal for those who enjoy the good things in life. 

List of Cheapest and Most Expensive Suburbs in The Sunshine Coast 
1. Landsborough $395
2. Nambour $400
3. Beerwah$420
4. Cooran $420
5. Mapleton $420
6. Yandina $420
7. Glass House Mountains$420
8. Flaxton $423
9. Burnside $423
10. Eudlo $425
11. Sunrise Beach $430
12. Maleny $440
13. Caloundra $445
14. Battery Hill $450
15. Coes Creek $450
16. Pacific Paradise $450
17. Golden Beach $455
18. Mooloolah Valley $465
19. Pomona $455
20. Cooroibah $458
21. Caloundra West $460
22. Meridan Plains $460
23. Palmwoods $465
24. Marcoola $470
25. Cooroy $470
26. Cootharaba $470
27. Currimundi $470
28. Woombye $470
29. Kuluin $475
30. Tewantin$477
31. Lake Macdonald $488
32. Diddillibah$485
33. Coolum Beach $490
34. Bli Bli $490
35. Wurtulla $490
36. Warana$490
37. Dicky Beach $495
38. Sippy Downs$495
39. Aroona $495
40. Little Mountain $500
41. Mount Coolum $500
42. Peachester $510
43. Mudjimba$510
44. Bokarina $513
45. Mountain Creek $520
46. Maroochydore $520
47. Peregian Springs $520
48. Kings Beach $530
49. Moffat Beach $530
50. Shelly Beach $530
51. Forest Glen $530
52. Buderim$540
53. Birtinya $550
54. Black Mountain $550
55. Buddina $550
56. Ninderry $550
57. Peregian Beach $550
58. Sunshine Beach$555
59. Pelican Waters $560
60. Glenview $560
61. Maroochy River$560
62. Eumundi $570
63. Yaroomba $570
64. Marcus Beach$580
65. Mooloolaba $580
66. Parrearra $580
67. Noosaville$593
68. Doonan$600
69. Alexandra Headland $600
70. Noosa Heads$650
71. Montville$675
72. Minyama$690
73. Twin Waters $710
74. Mons $775
75. Castaways Beach $823
List of Suburbs Sorted by Rental Yield 
1. Sunshine Beach 2.70%
2. Noosa Heads 3.10%
3. Noosaville 3.30%
4. Buddina 3.40%
5. Castaways Beach 3.40%
6. Marcus Beach3.40%
7. Minyama 3.40%
8. Shelly Beach3.50%
9. Sunrise Beach3.50%
10. Alexandra Headland 3.60%
11. Mooloolaba 3.60%
12. Peregian Beach3.60%
13. Doonan 3.70%
14. Diddillibah 3.80%
15. Moffat Beach3.80%
16. Mons 3.90%
17. Bokarina 4.00%
18. Maroochy River 4.00%
19. Pelican Waters 4.00%
20. Twin Waters 4.00%
21. Yaroomba 4.00%
22. Dicky Beach 4.00%
23. Battery Hill 4.10%
24. Coolum Beach 4.10%
25. Eumundi 4.10%
26. Glenview 4.10%
27. Kings Beach 4.10%
28. Mudjimba 4.10%
29. Warana 4.10%
30. Eudlo 4.20%
31. Flaxton 4.20%
32. Golden Beach 4.20%
33. Maleny 4.20%
34. Marcoola 4.30%
35. Montville 4.30%
36. Caloundra 4.30%
37. Cootharaba 4.30%
38. Mapleton 4.30%
39. Maroochydore 4.30%
40. Parrearra 4.30%
41. Peachester 4.30%
42. Wurtulla 4.30%
43. Mount Coolum 4.40%
44. Buderim 4.40%
45. Lake Macdonald 4.40%
46. Forest Glen 4.50%
47. Cooroibah4.50%
48. Ninderry 4.50%
49. Peregian Springs 4.50%
50. Black Mountain 4.60%
51. Mooloolah Valley4.60%
52. Landsborough 4.60%
53. Tewantin4.60%
54. Birtinya 4.70%
55. Cooroy 4.70%
56. Little Mountain 4.70%
57. Woombye 4.70%
58. Yandina 4.70%
59. Aroona 4.80%
60. Palmwoods 4.80%
61. Bli Bli 4.80%
62. Glass House Mountains4.80%
63. Pomona 4.80%
64. Cooran 4.90%
65. Currimundi 4.90%
66. Mountain Creek 4.90%
67. Beerwah 4.90%
68. Meridan Plains 5.10%
69. Pacific Paradise 5.10%
70. Burnside 5.20%
71. Caloundra West 5.20%
72. Sippy Downs 5.20%
73. Kuluin 5.30%
74. Coes Creek 5.40%
75. Nambour 5.40%

Conclusion

If you are thinking about rent on the Sunshine Coast, then you are spoilt for choice when it comes to deciding which suburbs are for you . You need to base this one a comfortable budget, lifestyle, work commitments and access to education if you have children. But really you can’t go wrong. The entire Sunshine Coast is close to each other and driving from auburn to suburb is still fairly easy. Jump on realestate.com.au or assetagents.com.au to see what’s on offer. 

Investors can’t go wrong either. Balancing rental yield, capital gains and vacancy rates.

Leave a comment

SUBSCRIBE TO GET INDUSTRY TIPS & ADVICE

Join our 8,000+ subscribers to get property blog updates from industry expertise. Unsubscribe anytime