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Tewantin suburb profile

Tewantin is a charming suburb located in the Noosa region of Queensland, renowned for its rich history and natural beauty. Situated along the Noosa River, it serves as a gateway to the Noosa North Shore and the Great Sandy National Park. Tewantin offers a relaxed lifestyle with a strong sense of community, featuring a mix of heritage buildings and modern amenities. The suburb is home to the Tewantin National Park, which provides ample opportunities for outdoor activities such as hiking and birdwatching. With its proximity to Noosa Heads and vibrant local markets, Tewantin is a popular choice for families, retirees, and nature enthusiasts.

Tewantin property market performance

Current median dwelling price$981,000Past 3 months

Property growth+4.2%Past 12 months

Tewantin’s property market has shown robust growth over the past 12 months, particularly in the housing sector. House values have increased by 10%, with the median house price now at $1.14 million. In contrast, unit values have seen a modest rise of 1.2%, though the median unit price remains unavailable, indicating limited activity in this segment.

Sales activity has been moderate, with 59 houses and 8 units sold in the past year. Houses are taking a median of 63 days on the market, while units are slightly longer at 68 days, suggesting a more cautious buyer approach, especially in the unit market.

The rental market in Tewantin has experienced significant growth, with house rents increasing by 18% and unit rents by 16.4% over the last 12 months, reflecting strong demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
$1.14MN/A
Change in value
Past 12 months
7.3%1.2%
Sold
Past 3 months
404
Median days on market
Past 12 months
6370
Average rent
Past 12 months
$800$640
Change in rent
Past 12 months
18.5%16.4%

5 year median price trend for houses and units

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Tewantin demographics

Tewantin, located in Queensland's Sunshine Coast region, is a charming suburb known for its relaxed lifestyle and close-knit community. With a population of 11,164, Tewantin offers a serene environment that appeals to retirees and families alike. The median age of 52 indicates a mature community, with many residents enjoying the peaceful surroundings and natural beauty of the area, including its proximity to the Noosa River and national parks.

The suburb's housing market reflects a stable and established community, with 43.6% of properties owned outright, indicating a significant number of long-term residents. Additionally, 29.4% of homes are owned with a mortgage, while 26.9% are rented, offering a balanced mix of ownership and rental opportunities. This stability is attractive to those seeking a secure and welcoming place to call home.

Family dynamics in Tewantin are diverse, with 33% of households being couple families with children and 49.2% being couple families without children. One-parent families make up 17% of the community, contributing to the suburb's inclusive and supportive atmosphere. The median total household income of $1,263 per week reflects the area's affordability, making it an appealing choice for those looking to enjoy a comfortable lifestyle without the hustle and bustle of larger urban centers.

Tewantin infrastructure, key developments and investment opportunities

Tewantin is experiencing several developments that could impact its property market. The ongoing redevelopment of the Noosa Marina precinct aims to enhance waterfront amenities and create a vibrant community hub, potentially increasing property values in the surrounding area. Additionally, the recent upgrades to Tewantin State School, including new classrooms and improved facilities, may attract more families to the suburb.

The expansion of the Great Sandy National Park and improvements to Tewantin National Park are enhancing the area's natural appeal and recreational opportunities. These green spaces, combined with Tewantin's proximity to Noosa Heads and its more affordable property prices, are likely to sustain strong demand in the area. The town's ongoing development as a key center in the Noosa region, alongside its historical significance, continues to shape its appeal to both residents and investors.

Tewantin rental market trends

The rental market in Tewantin is experiencing significant growth, with house rents increasing 18% over the past year to $800 per week, and unit rents rising 16.4% to $640 per week. This strong upward trend highlights Tewantin's appeal as a desirable location for both renters and investors, driven by its attractive lifestyle and robust local amenities.

Suburbs near Tewantin

Some popular suburbs near Tewantin include:

How does Tewantin compare to nearby suburbs?

  • Median house prices: Tewantin’s median house price is 5.3% higher than Cooroy’s.
  • Median unit prices: Tewantin’s median unit price is 21.4% lower than Noosaville’s.
  • House price growth: Over the past 12 months, house prices in Tewantin have grown 2.3% higher than in Cooroy.
  • Unit price growth: Property prices in nearby Noosaville have risen 9.9% more than in Tewantin over the past year.
  • Selling speed for houses: Properties in Tewantin are selling 33.0% faster than in Noosaville.
  • Selling speed for units: Properties in Tewantin are selling 16.7% faster than in Noosaville.

Common questions about Tewantin

  • Is Tewantin a nice place to live?

    Tewantin is a delightful suburb that offers a serene and welcoming environment, making it an attractive place to live. Nestled in the picturesque Noosa region, Tewantin is known for its relaxed lifestyle and strong community spirit. The suburb is surrounded by natural beauty, with the Noosa River and nearby national parks providing a stunning backdrop for residents. This peaceful setting is perfect for families and retirees who appreciate a slower pace of life while still having access to modern amenities.

    The suburb boasts a charming vibe, with a mix of heritage buildings and contemporary conveniences. Residents enjoy a variety of local amenities, including shops, cafes, and vibrant markets, which contribute to the suburb's friendly and inviting atmosphere. Tewantin is also conveniently located near Noosa Heads, offering easy access to additional shopping, dining, and recreational options. Safety is generally not a major concern, and the suburb's close-knit community adds to the sense of security and belonging.

    For families, Tewantin provides a supportive environment with good schools and plenty of outdoor activities to keep children engaged. The suburb's proximity to green spaces like Tewantin National Park offers ample opportunities for hiking, birdwatching, and enjoying the great outdoors. However, one trade-off of living in Tewantin is that it may not offer the same level of nightlife and entertainment options as larger urban centers. Nonetheless, the suburb's peaceful charm and natural beauty more than compensate for this, making it a wonderful place to call home for those seeking a tranquil lifestyle.

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  • Is it expensive to live in Tewantin?

    Living in Tewantin can be somewhat expensive, especially when considering the property market. The current median house price is around $1,071,250, while units are slightly more affordable at $635,000. If you're thinking of renting, houses average about $800 per week, and units go for approximately $595 weekly. These figures suggest that housing costs in Tewantin are on the higher side, particularly when compared to the average household income in the area.

    The average annual wage in Tewantin is around $71,000, which is in line with the broader salary trends in Queensland. However, when you compare this to the median total household income, which is $1,263 weekly, it becomes apparent that a significant portion of income would need to be allocated to housing costs. This can make living in Tewantin challenging for those earning an average salary, particularly if you are looking to buy property.

    While Tewantin offers a beautiful lifestyle with its proximity to nature and coastal attractions, the cost of living, especially in terms of housing, requires careful financial planning. If you are considering making Tewantin your home, it's important to evaluate your budget to ensure it aligns with the expenses associated with living in this picturesque suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Tewantin a good place to invest?

    Tewantin is showing promising signs as a potential investment suburb, particularly for those interested in the housing market. Over the past 12 months, the median house value in Tewantin has increased by an impressive 12.8%, indicating strong capital growth. This suggests that the demand for houses in the area is on the rise, making it an attractive option for investors looking for properties that appreciate in value over time.

    In addition to the growth in house values, the rental market in Tewantin is also thriving. Rent for houses has surged by 19.4% over the last year, which is a significant increase and highlights the suburb's appeal to renters. This could be beneficial for investors seeking steady rental income. While the median unit value has remained stable, the rental increase of 13.3% for units suggests that there is still demand in this segment, providing opportunities for those interested in rental properties.

    Overall, Tewantin presents a compelling case for investment, especially in the housing market. With strong capital growth and rising rental yields, it offers a balanced mix of potential appreciation and income generation. Investors looking for a suburb with a solid track record of growth and rental demand might find Tewantin to be a suitable choice.

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Choose the right real estate agents in Tewantin

Currently, there are 99 real estate agents working in Tewantin—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 99 agents sold 33.7% of all properties in Tewantin over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Tewantin typically charge a commission of 2% to 3.25%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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