Mix of old and new suburbs dominates list of Coast’s top 10 cheapest streets

A new list of the Sunshine Coast’s most affordable streets has been revealed, with a mix of addresses in the region’s oldest and newest suburbs among the top 10.

With a median sale price of $530,000, Shearer Street at Nambour topped the list for the three years to November 2024.

It was followed by Palm Street ($575,000) and Webster Road ($576,500), both also in Nambour, and Copper Crescent ($577,500) at Caloundra West.

Five of the top 10 cheapest streets are in Nambour, which is one of the Coast’s oldest towns, with streets in newer developments at Caloundra West and Baringa making up the remainder, aside from Anne Street at Kenilworth, which came in at No.10.

There’s a dramatic price gap between the Coast’s top and bottom streets: the median of Buddina’s Adaluma Avenue ($6.1 million) is more than 11 times more expensive than Shearer Street.

Ray White Nambour director Matt O’Grady said homes in the town’s most affordable streets were in hot demand.

“These streets are very desirable due to the price point,” he said.

“They do sell quite easily as they are usually larger blocks that have development potential or room for a shed.

“The only hindrance is that some of them do have flood overlays that will effect the property in a major event.”

He said the town had a lot to offer buyers.

“Nambour is currently in a rebuild stage economically. Major employers such as council relocating out of the area and the sugar cane mill closing down took its toll as far as employment locally, but the town is rebuilding strongly and continuing to maintain its community roots,” he said.

“The biggest buyer markets in Nambour are young families or first-home buyers and downsizers that have lived in the area for many years and don’t want to move east of the Bruce Highway.

“There are some great private and public schools in the area and this is a big driving force for the first-home owner or young family.

“Coupled with Coles, Woolworths and Aldi investing into the town, it is one of only a couple of towns on the rail line that has everything available.”

“Nambour is also surrounded by some very desirable acreage suburbs that all sell for well into the millions, and these people also use Nambour as a base.

“It is not a suburb that many people that are new to the Coast know too much about. These buyers tend to be renting when they move to the Coast and then discover the hinterland suburbs like Nambour.”

He said 2024 had seen good growth in the Nambour area and he expected that continue.

“Due to Nambour being very much an entry-level area on the Sunshine Coast, I see the growth in the area being strong throughout the 2025 market,” he said.

“More people are looking for larger suburban blocks and there are not too many markets that can provide 600sqm-plus blocks at an affordable price on the Sunshine Coast.”

Darwin has all 10 of the country’s cheapest streets, with Ringwood Street ($100,000), Austin Street ($103,000) and Kersley Street ($106,000) in the suburb of Southport topping the list.

Top 10 Sunshine Coast cheapest streets

Shearer Street, Nambour $530,000

Palm Street, Nambour $575,000

Webster Road, Nambour $576,500

Copper Crescent, Caloundra West $577,500

Petrie Creek Road, Nambour $581,250

Farley Street, Baringa $586,000

Addison Lane, Baringa $592,500

City View Terrace, Nambour $592,667

Court Road, Nambour $600,000

Anne Street, Kenilworth $600,000

The data covers from November 2021 to November 2024. Only streets with at least five sales in the three years were included.