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EUMUNDI FOR PROPERTY BUYERS

Eumundi is one of the Sunshine Coast Hinterlands hidden gems. Known for its vibrant markets, as well as rich cultural history, and stunning natural beauty. This charming town offers a unique blend of rural tranquility and modern conveniences, making it a highly desirable location for families, retirees, and anyone seeking a relaxed lifestyle. We have the inside scoop on what to look for if you’re looking to move or buy a property in Eumundi.

EUMUNDI IN A NUTSHELL:

  • Population: 2.2k (2021 Census)
  • 5-year population change: +14.4%
  • Median house price: $1,190,000 (as of 22.08.2024)
  • Owner Occupiers: 82%
  • Renters: 18%
  • Size of Eumundi: 22.2 sq km
  • Number of parks: 13 parks
  • Number of dwellings: 874 (houses)
  • Houses currently listed for sale: 28

Source: CoreLogic August 2024 and ABS – 2021 Census

WHY THE PROPERTY BARON LOVES EUMUNDI

  • Iconic Eumundi Markets: Renowned for its vibrant markets, Eumundi is a hub for local artisans and foodies, attracting visitors from all over.
  • Prime Location: Proximity to Noosa and Maroochydore offers residents the best of both beach and hinterland lifestyles.
  • Diverse Property Options: Eumundi features a variety of property types, from charming heritage homes to modern family residences.
  • Community Atmosphere: Eumundi boasts a “village” vibe with a strong, friendly community of locals.
  • Exciting Developments: Upcoming projects, including a new supermarket and the revitalisation of the Imperial Hotel by the Comiskey Group, promise to enhance local amenities while preserving Eumundi’s unique charm.

HISTORY AND CULTURE

Eumundi has a rich history dating back to its establishment in the late 1800s. Originally a timber town, Eumundi has evolved into a cultural hub, renowned for its artistic community and heritage-listed buildings. The town’s name is derived from the local Aboriginal word “Ngumundi” or “Huomundy,” honoring a respected indigenous warrior. Today, Eumundi celebrates its heritage through various cultural events and the preservation of its historical landmarks.

Is Eumundi a coastal suburb? While it’s not directly on the coast, Eumundi is just a short drive from some of the Sunshine Coast’s best beaches. This proximity allows residents to enjoy the tranquility of hinterland living with easy access to coastal attractions.

THE EUMUNDI PROPERTY MARKET

Eumundi has seen significant growth in recent years, attracting a diverse range of buyers. The town’s unique appeal lies in its combination of historical charm and modern amenities, making it a sought-after location for property investors and homebuyers alike. The property market in Eumundi is competitive, with homes often selling quickly and above the asking price.

As of August 2024, the median house sale price in Eumundi is approximately $1,350,000 continually outperforming the covid peak prices in May 2022. The market offers a range of properties, from charming Queenslanders to contemporary homes, each providing a unique lifestyle opportunity. Investment properties in Eumundi have shown a steady growth rate, with houses offering an average annual rental yield of 4.5%. The demand for rental properties remains high, contributing to a low vacancy rate of just 0.6%.

HOMES IN EUMUNDI

Eumundi offers an architectural variety, with properties ranging from historic Queenslanders to modern eco-homes. The suburb is known for its large blocks and scenic views, making it a popular choice for those seeking space and natural beauty.

EUMUNDI DEMOGRAPHICS

Eumundi’s population is diverse, attracting a mix of families and professionals. The area is known for its strong community spirit and active involvement in local events and initiatives. The Eumundi Markets are a focal point for both residents and visitors, contributing to the town’s vibrant atmosphere.

CLOSEBY SUNSHINE COAST LOCATIONS

If you love Eumundi, consider exploring these nearby suburbs:

  • Cooroy
  • Yandina
  • Pomona / Kin Kin

INSIDER TIPS!

Getting to know the neighbors and the neighborhood will make all the difference in your new home or investment property. Head to our blog or our Facebook group for some “insider top tips” on life in Eumundi.

WHAT’S IN THE PLANNING FOR EUMUNDI

Eumundi is on the cusp of exciting new developments that promise to enhance the town’s appeal while preserving its unique charm. The Sunshine Coast Council has several proposals in the works, aimed at improving infrastructure and amenities for residents and visitors alike. Notably, plans have been lodged for a new supermarket, which will provide more shopping options and support the local economy. Additionally, the iconic Imperial Hotel Eumundi has been purchased by the Comiskey Group, who are renowned for creating quality busy establishments such as The Doonan and Sandstone Point Hotel. This acquisition is set to bring new life and hospitality experiences to Eumundi, including a collaboration with Matso’s Sunshine Coast Brewery to offer a unique dining and brewing experience.

Moreover, the new planning scheme for Eumundi and neighboring Doonan is under consideration, focusing on sustainable growth and community wellbeing. The scheme emphasises protecting the natural environment, enhancing public spaces, and ensuring any new developments align with the town’s heritage and lifestyle. These initiatives reflect a balanced approach to growth, aiming to make Eumundi an even better place to live, work, and visit. For more details and to have your say on these developments, visit the Sunshine Coast Council’s website here or get in touch with us here.

BEST PLACES TO DINE IN EUMUNDI

Eumundi offers a variety of dining options to suit every taste. Here are our top picks:

SPORTING CLUBS & ACTIVITIES TO DO IN EUMUNDI

Eumundi offers a variety of sporting activities for all ages and interests. Here are our top picks:

BEST STREETS IN EUMUNDI

Want to get a feel for the area? If you can, do a drive by on these streets to get a real feeling for the Eumundi lifestyle:

  • Cook & Ward Streets for residential living
  • Lone Hand Road for rural blocks
  • Finley Rd & Seib Rd for rural residential blocks

OUR LOCALS INSIDER TOP 3 TIPS ON EUMUNDI

  1. Be Quick: Eumundi properties move quickly. Work with a local buyer’s agent to stay ahead of new listings.
  2. Explore Surroundings: Spend time exploring the nearby suburbs and hinterland to fully appreciate the lifestyle Eumundi offers.
  3. Engage with Community: Join local Facebook groups and attend community events to integrate into the Eumundi lifestyle.

FIND YOUR TRIBE!

Learn all about your new neighbourhood from local council and chat groups. Get the insider’s view on life in Eumundi and ask your new neighbours for their local recommendations.

SEE WHAT’S HITTING THE EUMUNDI PROPERTY MARKET, WHEN IT HITS (OR BEFORE)!

Because Eumundi is a fast-moving property market, a local buyer’s agent can help you be in the right place at the right time to secure the right property. As the Sunshine Coast’s leading property buyer’s agent, The Property Baron is your key to securing your ideal property at the best possible price. The key is knowing the market and what’s coming to market. We believe that the ideal real estate purchase isn’t just about that winning bid; it’s about assisting our buyers at every stage. Talk to us now to see just how we can help.

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