Thanks to property, Australians are the richest people in the world. According to the fifth annual study by investment bank Credit Suisse (2014), the median Australian adult was worth more than $US225,000 ($258,000), well ahead of the second wealthiest population on this measure, the Belgians, at $US173,000. Only six per cent of Australians have wealth below $US10,000, compared with 29 per cent in the United States and 70 per cent for the world as a whole. Household wealth in Australia is mostly comprised of equity in property, which averages $US319,700 per household, or 60 per cent of gross assets. This is the second highest in the world after Norway. But this reliance on property also makes for a greater spread of wealth. Among developed economies Hong Kong, Switzerland and the United States are deemed to have ‘very high inequality’, where the top ten per cent control more than 70 per cent of the wealth. Economist Saul Eslake noted at the time of the study that “Rising house prices tend to reduce inequality, as they make up part a greater part of middle-class wealth.” A rising tide lifts all boats. The Sunshine Coast is enjoying an extended period of significant capital growth, which is anticipated to continue for some time to come off the back of the airport expansion, the two new hospitals, the new Maroochydore Town Centre, upgrades to the Bruce Highway and other infrastructure improvements. This is a great time to sell in Noosa if you have owned for some years, and it remains a great time to buy with local prices still so much lower than southern states, with more growth to come.