I looked at a house and land package there a couple of years ago as an IP.
Found it a bit far away from the action, and in some of the areas, many houses packed in on small blocks.
I had a larger block earmarked though didn't like the designs and value being offered.
From memory is was about $420k for a 4/2/2 200sqm with probably a $400 rental.
The coast market was very depressed, and still is to an extent, and there were many other areas with big projects. New hospitals at Kawana, new SC CBD plans for Maroochy etc.
In the end went to a different area and trying a small subdivision before building.