Suburb Profile: Minyama, Queensland
Minyama is a beautiful suburb in Queensland, Australia, situated on the Sunshine Coast. Based on the 2021 data, there are around 2,726 individuals living in Minyama and the area covers 2 sq. km. Admired for its comfortable lifestyle and coastline residences, this area offers an array of parks, residential living, and Mooloolah River access.
Minyama is a popular destination for boating and water-related activities since it has several residences with waterfront views. The suburb has a lot of parks and green areas that are perfect for outdoor activities, picnics, and family get-togethers. One of the residents' favorites is the Minyama River Park. Minyama is at the heart of everything the Sunshine Coast has to offer.
Location and Accessibility
Minyama is situated well, just 2.6 km away from Buddina Beach and 7.3 km from Maroochydore CBD.The area has its own local hospital; one of these is Sunshine Coast University (SCU), which is 6.5 km away. For those who want to travel, the Sunshine Coast Airport is 15 km away, and the Brisbane Airport is 97 km away from its area. Minyama has a train station, which is the Landsborough Station 25 km away, that is convenient for the residents to travel to the nearby cities.
Community and Lifestyle
Minyama provides a vibrant community and relaxed lifestyle. Residents describe Minyama as having a warming and welcoming community spirit.The suburb hosts various community events all year long, such as WaterSports Festival, markets, and family-friendly activities. They engage also in outdoor activities such as walking, cycling and various water sports such as kayaking, paddleboarding, and fishing. There are several parks scattered across the suburb, including Minyama River Park, where people can have picnics, let their kids play, and stroll on paths for exercise and leisure.
For people who like a slower pace of life, Minyama is the perfect place to be because of its generally laid-back atmosphere that emphasizes taking in the natural surroundings.
Real Estate Market Overview
Minyama’s real estate market is robust, marked by a mix of waterfront properties, family homes, and apartments. There’s a strong demand for properties, with a healthy turnover of homes throughout the year.
Median Property Prices (2023):
Houses: $2,120,000
Units: $659,500
Rental Market:
Houses: $ 1, 172 per week with a 30.3% rental yield
Units: $610 per week with a 3.4% rental yield
Growth Trends:
The property market in Minyama is experiencing positive growth, with both houses and units. It has seen the annual compound growth rate of 43.0% for houses and 14.0% for units.
Housing Options and Investment Potential
Minyama offers a diverse range of housing options that cater to various preferences and lifestyles such as luxury waterfront homes, family homes, and affordable apartments/units. With strong growth and high buyer demand, along with a healthy rental yield of 30.3%. Minyama has great potential for investors and homeowners alike.
Key Highlights
Population: Minyama has 2,726 residents (2021 Census), creating a close-knit and engaged community.
Accessibility: Located just 2.6 km away from Buddina Beach and 7.3 km from Maroochydore CBD. The Sunshine Coast Airport is 15 km away, and the Brisbane Airport is 97 km away. The Landsborough Station is 25 km away, which is convenient for the residents to travel to the nearby cities.
Lifestyle: Minyama provides a vibrant community and relaxed lifestyle.Outdoor activities such as walking, cycling and various water sports such as kayaking, paddleboarding, and fishing.
Community: The suburb hosts various community events all year long, such as WaterSports Festival, markets, and family-friendly activities. Residents describe Minyama as having a warming and welcoming community spirit.
Investment Opportunity: The median house price is $2,120,000, with rental yields at 30.3%. Strong buyer interest and steady growth make Minyama an attractive option for long-term investment.
For expert advice on purchasing property in Minyama, contact Keeta Gibson at Ocean Buyers Agency for personalised guidance and assistance.
FAQs
What is the location of Minyama?
Minyama is located on the Sunshine Coast in Queensland, Australia.
What is the population of Minyama?
Minyama has 2,726 residents, according to the 2021 Census.
What is the lifestyle of Minyama?
Minyama provides a vibrant community and relaxed lifestyle
What is the area of Minyama?
Minyama covers 2 sq. km.
What are the median property prices of Minyama?
Houses: $2,120,000
Units: $659,500
What is the community like in Minyama?
Residents describe Minyama as having a warming and welcoming community spirit. The suburb hosts various community events all year long, such as WaterSports Festival, markets, and family-friendly activities.
What does the rental market look like in Minyama?
Houses: $ 1, 172 per week with a 30.3% rental yield
Units: $610 per week with a 3.4% rental yield
How accessible is Minyama?
Located just 2.6 km away from Buddina Beach and 7.3 km from Maroochydore CBD. The Sunshine Coast Airport is 15 km away, and the Brisbane Airport is 97 km away. The Landsborough Station is 25 km away, which is convenient for the residents to travel to the nearby cities.
What are the growth trends for properties in Minyama?
The property market in Minyama is experiencing positive growth, with both houses and units. It has seen the annual compound growth rate of 43.0% for houses and 14.0% for units.
What makes Minyama unique?
Admired for its comfortable lifestyle and coastline residences, this area offers an array of parks, residential living, and Mooloolah River access.
Sources:
https://abs.gov.au/census/find-census-data/quickstats/2021/
https://profile.id.com.au/sunshine-coast/migration
https://www.microburbs.com.au/Qld/Sunshine-Coast-Regional-Council
https://www.propertyvalue.com.au