AUGUST 2021 | VOLUME 2 | ISSUE 1
COOLUM NEWS INFORM • KNOW • GROW
WONDER BOOK Words of wisdom for our youngsters
P4
Property prices in Coolum Beach have skyrocketing in the past 12 months.
HOUSE PRICES SKY HIGH IT’S OFFICIAL. MORE OF US ARE ONE HOUSE SALE AWAY FROM BECOMING NEAR MILLIONAIRES.
The latest data released by CoreLogic Research shows that the median house price in Coolum has risen 26.1% in the past 12 months, from June 2020 to June 2021, and now sits at $977,326. Units are not far behind with a median price of $648,707, up 19.3% over the same 12 month period. CoreLogic Research Principal Eliza Owen said the spike in prices was unlike anything she Coolum News - August 2021
had ever seen before. Eliza said a combination of less properties on the market (combined house and unit listings were 112 in June 2020 versus 54 in June 2021), less people leaving the Coast, and more moving here had created high demand for property and pushed up prices. She said low interest rates, and the effect COVID-19 has had on the way people work, meant many higher paid professionals had realised they could still work from a remote, lifestyle, location and the Sunshine Coast was perfect for that.
FREE MARQUEE Borrow some shade from Ted O’Brien
P16
BOARDWALK ART PROJECT Watch out for Keepers
P18 1