PHOTO: Real Estate Institute of Queensland chief executive officer Antonia Mercorella. (Supplied)

The pristine peaks of aqua-coloured swell,  combined with a balance of untamed national parks and a trendy town centre has captured the hearts — and wallets of Australia.

Noosa, on the Sunshine Coast, has long-been known as the crown jewel of Queensland — and now has the figures to prove it.

According to new statistics from the Real Estate Institute of Queensland, the local government electorate has been crowned the most expensive housing market in the state.

Experts say a mixture of the global pandemic, the increased ability to work from home and low interest rates has inspired lifestyle changes and retirees to bring life plans forward to live in Noosa.