Core Insights - Coastal property prices in Australia have surged significantly, with some areas experiencing price increases of over 1000% in the past 30 years despite natural disasters [1][3][8] - Demand for coastal properties remains strong, with buyers seemingly undeterred by the risks associated with severe weather events [1][5] - The potential for insurance issues or high costs could alter this trend, but currently, buyers are willing to pay higher premiums for coastal living [1][5] Price Trends - In Hervey Bay, property prices have doubled over the past decade, with specific suburbs like Booral seeing a 152% increase [3] - Bundaberg and other coastal regions have also shown strong price growth, with some areas experiencing over 100% increases since 2015 [3] - The Gold Coast and Sunshine Coast have seen property prices double in the last decade, with increases ranging from 136.3% to 153.5% in specific suburbs [3] Long-term Performance - Bremer Bay in Western Australia has been the best-performing coastal suburb, with a price increase of 1131% over the past 30 years [4][8] - Other suburbs in Victoria, such as Sorrento and Portsea, have also shown substantial long-term growth, with increases of 824% and significant capital gains for homeowners [8] - Despite recent declines in some areas due to high interest rates and tax policies, many coastal markets are poised for recovery as affordability improves [5][7]