Rental Market Conditions Strain Tenants and Landlords Across the Sunshine Coast

Landlords on the Sunshine Coast are holding firm on rents while tenants face longer search times and stricter application processes in the first half of 2026.

The pressure stems from ongoing construction at Maroochydore CBD and continued lifestyle migration that has kept vacancy rates low since late 2025. Queensland’s median dwelling value sits near $880,000 according to the latest CoreLogic data, which has encouraged some owners to convert former holiday homes into long-term rentals rather than sell.

Pressure points in Maroochydore and Noosa

In Maroochydore, units near the new CBD precinct are leasing within days of listing, with tenants reporting multiple applications required for properties close to the Sunshine Coast Council offices. Further north in Noosa Heads, houses on streets such as Noosa Drive now attract rents that reflect the $2 million-plus freehold prices common in the suburb, leaving fewer options for workers tied to local tourism and retail jobs.

The Queensland Residential Tenancies Authority has recorded a rise in bond lodgement disputes this year, mostly over cleaning standards and minor repairs, as landlords seek to protect higher-value assets amid strong demand.

Next steps for both sides

Tenants looking in Caloundra or Buderim should prepare references and income statements early and consider properties slightly further from the beach to improve their chances. Landlords are advised to review the latest Sunshine Coast Council planning updates on short-term accommodation rules before deciding whether to stay in the long-term rental pool or switch to holiday letting.

Market watchers expect conditions to ease only if new stock from the Maroochydore developments reaches completion by the end of 2027.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.