Noosa Market Report - December 2013

Well what a summer we are having! The weather has been the best we could imagine and the beach has been packed with visitors.

Enquiry for property was strong with contracts being issued right up to Christmas Eve. There was no rest as hungry buyers snapped up property for Christmas.

Enquiry remained consistent over the Christmas New Year break, but slightly down due to everyone out having a great time with friends and family.

There were some big sales along the river, we sold an old house on a large block overlooking the river in the ever popular Hilton Esplanade for well over $1 Million, the house will be renovated. We also sold apartment 4 Driftwood on the waterfront for almost $1.2 Million.

Quality waterfront homes at Noosa Waters are fetching $2 Million, we sold vacant waterfront land at $880,000 and $1 Million, a 15% increase on previous sales.

There have been some larger sales of quality beachfront land completed over the $4 Million range, the site of the old Coco restaurant also sold in the $4 Million range.

As I expected, now as we move into the year we are enjoying a good flood of stock readying to list by the end of the month. We expect a strong start to 2014 and remain hopeful of constant activity and subsequent growth as the year progresses.

Kind regards,

Dan Neylan
Director
0412 764 370