Question 1

Is Peregian Springs a nice place to live?

Accepted Answer

Peregian Springs is a leafy, master-planned suburb on the Sunshine Coast, tucked inland from Peregian Beach and the Peregian village. The neighbourhood is organised around landscaped lakes, parks and walking and cycling paths, and is made up mainly of contemporary single-level and two-storey family homes with a pocket of low-maintenance townhouses. Streets are garden-focused and calm, and the area tends to attract families and downsizers who want a quieter suburban pace while keeping easy access to the coast, local shops, cafes and community facilities.

The community of 9,532 people has a median age of 39 and a median household income of $1,836 a week. Family living is prominent, with couple families with children the largest family group, and homes are mostly owner-occupied (61.1% owned outright or with a mortgage). Local works and planning are under way or proposed, from pathway, park and crossing improvements to an upgrade to Peregian Springs Drive, and the recreation centre is being repurposed into a sports precinct with the pool surrounds to become open green space in the short term. Whether that suits you depends on what you are looking for in a suburb.

Question 2

Is it expensive to live in Peregian Springs?

Accepted Answer

On these figures, buying in Peregian Springs sits well above what a typical local household earned at the last Census. The median house price of $1,467,500 is about 15.4 times a local year's household income at the last Census, and the median unit price of $985,000 is about 10.3 times that annual income. Renting is also a large or sizeable share of local incomes: the average house rent of $850 a week would take about 46% of a typical local household's weekly income at the last Census, while the average unit rent of $695 a week would take about 38%.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Peregian Springs a good place to invest?

Accepted Answer

The clearest story over the past 12 months is strong gains in property values: house values climbed 16.2% and unit values rose 11.9%. Rents moved more modestly, with house rents up 6.2% and unit rents edging up 0.7%. In Peregian Springs, capital growth has outpaced rental income this year, most noticeably on the unit side where values rose strongly while rents showed only a slight increase.

For someone weighing Peregian Springs as an investment, the figures show that houses outperformed units on both value and rent growth over the year. Whether that balance fits your objectives depends on whether you prioritise capital growth or rental income.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.47M	$985K
Change in value Past 12 months	16.2%	11.9%
Sold Past 3 months	44	18
Median days on market Past 12 months	29	77
Average rent Past 12 months	$850	$695
Change in rent Past 12 months	6.3%	0.7%

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