Noosa Market Report - April 2010

The Noosa market continued with reasonable turnover benefitting from the Easter break.

Sales remained scarce in the very top end of the market place but good turnover of residential homes and holiday apartments continued up to the $1.5 million range.

Properties are still selling well but again value is the buzz word when it comes to buyers. This month we sold a Noosa Harbour apartment on the front row walking straight out to the beach and river for just over $1 million.

A waterfront apartment in Noosa Waters also sold for just over $1 million and an Ocean Breeze apartment for just over $400,000. We sold half a dozen residential homes ranging from $500,000 to $850,000 which reflects where a lot of the activity is in our market place.

We have some exceptional buys in the top end of the market, in particular waterfront homes and apartments. It seems now is the time to be securing these prime locations for the long term.

Those planning to upgrade from their apartment to a more permanent larger apartment or home should act while the buying is so good.

If you would like any further information please don't hesitate to contact me on 07 5447 3855.

Kind regards,

Dan Neylan

Director