Noosa Market Report - September 2012

September has been another strong month of sales and there is undoubtedly momentum in the Noosa market place. The low to middle market, up to $750,000, is very active with the team selling 11 properties in the past 4 weeks. In addition we have achieved some great sales in the upper level of the market place with sales in Sunshine Beach (a luxury duplex), Little Cove (front row apartment), Noosa Sound (waterfront homes) and Hastings Street Beach Front (4 x 2 bedroom apartments in one line).

We are experiencing higher numbers through our open homes & the quality of enquiry is very high. People are generally more confident in making a decision, provided they find a property that fits their criteria & they see value for money. The fear of the market falling further has subsided & we are hearing more & more that people see the market as being at its bottom level with the next movement likely to be up.

The Noosa Northrise development is now in its final stages of selling with just 9 blocks available from the original 44 blocks released. There are 6 new homes coming out of the ground right now & the estate is starting to take shape. It’s no surprise that land has been so popular with fair pricing from just $270,000; you can have a brand new home in one of Noosa’s most desirable locations for around $500,000. If you have not yet taken a closer look at the development you may want to do so before it sells out.

Noosa has never looked better & our Spring Auction campaign is generating a hive of activity. With the holidays here & warmer weather upon us we are looking forward to a busy month ahead.

Kind Regards

 

Dan Neylan

Director

0412 764 370