Noosa Market Report - December 2014

We have had another very successful Summer here in Noosa. The beach was at its best, the water crystal clear and there were huge crowds here to enjoy it.

The restaurants did a roaring trade, visitors appreciate the new menus and scenery that have come to the street and are taking advantage of the bars that have brought a new element to our night life.

Real estate wise it was a busy time with many buyers out looking at purchasing for the first time.

We sold several waterfront homes over December. At $1.5 Million to over $2 Million the entry price for waterfront land is creeping up, we sold a waterfront allotment at just under $1.2 Million. Residential homes and apartment sales remain strong if priced correctly. A nice modern home in Noosa will fetch at least $700,000, homes in the $400,000 to $600,000 are snapped up for renovation.

Land sales at Northrise in Noosaville remain strong with over half the current release sold. If you’re looking for an investment, I strongly recommend you investigate this centrally located land offering great potential. Other sales of vacant land, like Elysium, have also been selling well and are almost sold out.

There was a sale of a beachfront home in Seaview Terrace, Sunshine Beach for almost $5 Million, also a home across the street sold for $1.85 Million. A home in Enterprise Street with spectacular views also sold in the mid $2 Million range.

We expect the market to continue to be strong over the next twelve months, sales post Christmas should be solid if the current level of enquiry we are dealing with is any indication. 

 

Kind Regards,

Dan Neylan
Director
0412 764 370