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
Tewantin's property market has shown a strong performance over the past 12 months, particularly in the housing sector. House values have surged by 12.2%, bringing the median house price to $1.03 million. In contrast, unit values have remained stable, with no change over the same period, maintaining a median price of $627,500.
Sales activity has been robust, with 46 houses and 12 units sold in the past three months. Houses are selling relatively quickly, with a median of 31 days on the market, while units are moving even faster at 23 days, indicating strong demand across both property types.
The rental market in Tewantin has seen significant growth, particularly for houses, where average rents have increased by 20% over the last 12 months. Meanwhile, unit rents have remained unchanged, suggesting a stable demand in the unit rental market.
Median price - houses$1.02MPast 3 months
Median price - units$628KPast 3 months
Change in value - houses12.2%12 months
Change in value - units-15.4%12 months
Houses sold46Past 3 months
Units sold12Past 3 months
Median DOM - houses31Past 12 months
Median DOM - units23Past 12 months
Average rent - houses$810Past 12 months
Average rent - units$570Past 12 months
Change in rent - houses20.0%Past 12 months
Change in rent - units-3.4%Past 12 months
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 has experienced significant growth, with house rents increasing by 20% over the past year to $810 per week, while unit rents have remained stable at $570 per week. This stability in unit rents, combined with the sharp rise in house rents, highlights Tewantin's appeal as a desirable location for both renters and investors seeking strong returns in a picturesque setting.
Suburbs near Tewantin
Some popular suburbs near Tewantin include: