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.
The Noosa market has been more subdued in August, following on the heels of a brisk July.
Sunshine Beach is still the tightest market along with Little Cove. It’s been reported half a new duplex has sold in Duke Street, Sunshine Beach for $1.5 million, a few minutes walk to the shops and surf club, however it doesn’t have any views.
Last month I reported we sold an older beach home opposite the beach in Sunshine for $3 million. This home previously sold in November 1994, some 12 years ago for $555,000 which represents an overall gain of approximately 500% over that period once again proving that with real estate, it’s the time in it that really brings the rewards. I doubt there would be many examples of gains in other areas including capital cities to rival this sort of growth.
In other areas a large 400m² home close to the beach but no views and a very specialised home in Little Cove reportedly sold for $2.6 million.
In Noosa Waters after a flurry of activity there are no reported sales in August and plenty of property to choose from. Prices here for waterfront homes range from $1.5 million to $5 million with the majority of property in the $1.5 million to $2.5 million range.
Noosa Sound has been relatively quiet and we are seeing a few more waterfront units come onto the market, particular in Culgoa Point.
The Hastings Street unit market has also been quiet with few sales reported.
The next 3 or 4 months are always a busy period with more visitors to the town and sales activity increases significantly.
Interest rate increases and elections always slow buyers up for a few weeks while they digest the news and then tend to get on with their commercial lives.
Peter Dowling