Dowling & Neylan Real Estate was established in Noosa Heads on Queensland's beautiful Sunshine Coast long before the rest of Australia discovered its charms and today offers the level of understanding and expertise that comes only from experience and long association.
Conveniently located in the heart of Hastings Street, Dowling & Neylan Real Estate is your entrance to Noosa.
Here we are at the end of the financial year! It seems the
worst is behind us. When talking to people there does seem to be a growing
confidence that things are slowly improving. Real estate
wise - we continue to experience consistent sales of Noosa’s prime real estate
at what is now a new benchmark, price wise. Property
still needs to offer excellent value to attract buyers and investors are making
their presence felt. We have sold three investment properties this month. A good
example is a Sebel apartment we have for sale at present with a net yield of
4%, better than bank interest! We haven’t seen apartments being offered at
those returns in Noosa, especially on Hastings
Street, for some time. The level of
available stock is now shortening as property sells and owners, realizing where
the market price really is, make decisions not to sell and are waiting for a
better time. We expect to
see more stock come onto the market as we do every spring, but this time the
prices will be sharper and more realistic. Bargain hunters should move quickly,
as it seems the absolute steals are becoming fewer and farther between, typical
of a closely held market place. In coming
months we expect the market to bump along much as it has the past three months
and gradually improve towards the end of the year. If we can
help you with your real estate needs, please call the office. Kind Regards, Dan Neylan