Market Report September 2008

  Noosa's popularity has continued to provide steady sales over the past month despite concerns over the recent world turbulence.

This environment is providing some great opportunities for sharp purchasers to secure prime positions that are rarely available.

Recent sales include no.34 Noosa Parade. This waterfront residence recently sold for $5.7 million, in addition no.18 Noosa Parade also sold for $5.9 million.

A penthouse apartment in the Settlers Cove development sold off the plan for $4.5 million and one of the largest residences being built in the Viridian development, the Grand Royale, topping over 500sqm of living space, has sold off the plan for $5.7 million.

Out at Noosa Waters a luxury Paul Clout home sold for $3.55 million and an old home in the back streets of Noosaville sold for $950,000, giving a good indication of land value there.

Sales in the bottom to middle markets are consistent, particularly in Sunrise Beach.

If you would like to discuss your real estate needs, feel free to contact me.

Kind Regards,

Dan Neylan

Director