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Twin Waters suburb profile

Twin Waters is a picturesque coastal suburb on the Sunshine Coast, Queensland, known for its serene environment and natural beauty. Nestled between the Maroochy River and the Pacific Ocean, it offers residents a tranquil lifestyle with easy access to pristine beaches and lush parklands. The suburb is home to the renowned Twin Waters Golf Club and a variety of outdoor recreational activities, making it a haven for nature enthusiasts and golf lovers. With its well-planned residential areas, including waterfront properties, Twin Waters attracts families, retirees, and professionals seeking a peaceful yet connected community.

Twin Waters property market performance

Current median dwelling price$1,547,500Past 3 months

Property growth-2.0%Past 12 months

Twin Waters has experienced a modest increase in house values over the past 12 months, with a 5.9% rise, while unit values have remained stable. Despite the lack of current median price data, the market activity shows limited sales, with only 7 houses and 1 unit sold in the past year. This low turnover may contribute to the extended median days on market, with houses taking 73 days and units 65 days to sell.

The rental market in Twin Waters has shown stability for houses, with no change in average rent over the last 12 months, maintaining at $1,200. In contrast, unit rents have increased by 5.4%, bringing the average to $938, indicating a slight uptick in demand for rental units.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
8.2%-12.2%
Sold
Past 3 months
94
Median days on market
Past 12 months
7372
Average rent
Past 12 months
$1200$925
Change in rent
Past 12 months
N/A3.4%

5 year median price trend for houses and units

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Twin Waters demographics

Twin Waters, located on the Sunshine Coast in Queensland, is a serene suburb known for its picturesque landscapes and tranquil lifestyle. With a population of 2,966, it offers a peaceful retreat for those seeking a slower pace of life. The median age of 60 indicates a mature community, often attracting retirees and those looking to enjoy their golden years in a beautiful setting. The suburb's proximity to pristine beaches and natural reserves makes it an ideal location for outdoor enthusiasts and nature lovers.

The housing market in Twin Waters is predominantly owner-occupied, with a significant 57.9% of properties owned outright. This reflects a stable community with long-term residents who have invested in the area. Additionally, 29.8% of homes are owned with a mortgage, while only 12.3% are rented, highlighting the suburb's appeal to those seeking permanent residence rather than transient living arrangements. The high percentage of couple families without children, at 68.8%, further underscores the suburb's appeal to older couples and retirees.

Family dynamics in Twin Waters are diverse, with 23.4% of households being couple families with children, and 7.1% being one-parent families. The community is well-suited for families who appreciate a quiet, family-friendly environment with access to quality amenities and recreational activities. Overall, Twin Waters offers a harmonious blend of natural beauty, community spirit, and a relaxed lifestyle, making it a desirable location for those seeking a peaceful coastal living experience.

Twin Waters infrastructure, key developments and investment opportunities

Twin Waters benefits from its proximity to the expanding Maroochydore CBD, Sunshine Coast Airport and the Novotel Sunshine Coast Resort, all of which support strong tourism and local employment and help underpin housing demand in the suburb.[1][5][6] The suburb’s master-planned layout with extensive lakes, parks and walking paths continues to be a key lifestyle driver, enhancing walkability and appeal for downsizers and owner-occupiers.[1][6] Ongoing investment in nearby resort and hospitality facilities, including upgrades and activations around the Novotel precinct, is likely to sustain demand for short-stay accommodation and bolster the attractiveness of surrounding residential property.[5]

Twin Waters’ coastal setting, with easy access to beaches, water sports on the Maroochy River and local parks, remains a major drawcard that supports premium pricing and low turnover.[1][6] With limited new land supply in the immediate area and strong owner-occupier presence, most change is occurring through renovations and higher-quality infill housing, which can gradually lift the overall standard and value of the housing stock.[2][8] There are currently no widely reported major new transport or school infrastructure projects within Twin Waters itself, so near-term property market movements are likely to be driven more by regional growth in Maroochydore and airport-related employment than by suburb-specific construction.[1][6]

Twin Waters rental market trends

The rental market in Twin Waters has shown stability, with house rents remaining unchanged at $1,200 per week over the past year, while unit rents have increased by 5.4% to $938 per week. This coastal suburb continues to attract interest due to its serene environment and proximity to natural attractions, making it a desirable location for both renters and investors.

Suburbs near Twin Waters

Some popular suburbs near Twin Waters include:

How does Twin Waters compare to nearby suburbs?

  • Median house prices: Twin Waters’s median house price is 61.3% higher than Maroochydore’s.
  • Median unit prices: Twin Waters’s median unit price is 47.8% higher than Maroochydore’s.
  • House price growth: Over the past 12 months, house prices in Twin Waters have grown 20.6% higher than in Diddillibah.
  • Unit price growth: Property prices in nearby Maroochydore have risen 25.4% more than in Twin Waters over the past year.
  • Selling speed for houses: Properties in nearby Pacific Paradise are selling 79.5% faster than in Twin Waters.
  • Selling speed for units: Properties in Twin Waters are selling 32.7% faster than in Kuluin.

Common questions about Twin Waters

  • Is Twin Waters a nice place to live?

    Twin Waters is a delightful suburb that offers a serene and picturesque coastal lifestyle, making it a wonderful place to call home. Known for its tranquil environment, this charming suburb is nestled between the Maroochy River and the Pacific Ocean, providing residents with easy access to stunning beaches and lush parklands. The suburb's peaceful vibe is complemented by its well-planned residential areas, which include beautiful waterfront properties that attract families, retirees, and professionals alike. The community spirit is strong, and the suburb's natural beauty makes it a haven for those who appreciate outdoor activities and a slower pace of life.

    For families, Twin Waters offers a safe and welcoming environment with access to quality amenities and recreational activities. While the suburb may not have the bustling nightlife of a city center, it more than makes up for it with its peaceful atmosphere and proximity to nature. The renowned Twin Waters Golf Club and various outdoor recreational options provide plenty of opportunities for leisure and relaxation. Additionally, the suburb's proximity to the expanding Maroochydore CBD and Sunshine Coast Airport ensures that residents are well-connected to employment opportunities and essential services.

    However, living in Twin Waters does come with some trade-offs. The suburb's premium pricing and low property turnover reflect its desirability, which can make it challenging for some to enter the housing market. Moreover, with limited new land supply, most changes in the area occur through renovations and higher-quality infill housing. While there are no major new transport or school infrastructure projects within Twin Waters itself, the regional growth in Maroochydore and airport-related employment continue to drive demand. Overall, Twin Waters is a fantastic choice for those seeking a peaceful coastal lifestyle with a strong sense of community and easy access to natural beauty.

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  • Is it expensive to live in Twin Waters?

    Living in Twin Waters can be a bit of a financial challenge, especially when it comes to renting. Although the current median house and unit prices are not available, the rental market provides some insight into the cost of living. The average rent for houses in Twin Waters is around $1,200 per week, while units average at $938 per week. These figures suggest that renting in Twin Waters is on the higher side, particularly when compared to the Queensland state average wage of about $104,000 per year for full-time workers.

    The median total household income in Twin Waters is approximately $1,689 per week. When you consider the average rent prices, a significant portion of household income would go towards housing costs. This could make living in Twin Waters less affordable for those earning average wages in the area. While the suburb offers a beautiful coastal lifestyle, it's important to carefully evaluate your budget to ensure it aligns with the cost of living in this picturesque location.

    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 Twin Waters a good place to invest?

    Twin Waters presents a unique investment opportunity with its picturesque setting and stable property market. Over the past year, the suburb has seen a 5.9% increase in median house values, indicating a healthy demand for homes in this coastal community. While the median unit values have remained steady, the rental market for units has experienced a 5.4% increase, suggesting a growing interest from renters seeking the lifestyle Twin Waters offers.

    Although house rents have not changed over the past year, the suburb's appeal lies in its tranquil environment and proximity to natural attractions, making it a desirable location for long-term residents. This stability in the rental market can be attractive for investors looking for consistent rental income. The combination of rising house values and increasing unit rents highlights Twin Waters as a promising area for those interested in a balanced investment with potential for both capital growth and rental yield.

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Choose the right real estate agents in Twin Waters

Choosing the right real estate agent in Twin Waters can have a big impact on your sale. While there are 25 real estate agents working in the suburb, but just 5 of them were responsible for 74.0% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2% to 3.25%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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