News & Finance

 

Noosa Market Report - July 2014

Property sales in Noosa are going strong across all price ranges, turnover is up and there are shortages across all market segments.

We settled the sale of 19 Allambi Rise last week, enjoying extensive views over the bay and main beach. There are only ten homes along the top of the ridge on Allambi, we sold the last home along this stretch in 2007, they don't become available often.
A duplex further up the hill in Upper Hastings Street sold just over $2 Million, we had an offer on land in Kareela for full price before the owners withdrew it from sale.
An apartment in sought after Park Cove sold for $1.15 Million, we also sold an apartment in Tenalga, just off Allambi Rise, for $560,000, the perfect Little Cove escape. This building is very closely held.

On Noosa Sound 21 Witta Circle sold for just over $5 Million, 17 Witta Circle was also contracted, not yet settled as was 33 Witta Circle. 

We sold a waterfront apartment in the Skippers Cove building for $1.2 Million.

Noosa Waters has been strong, we sold 18 The Anchorage for $2.2 Million, 31 Mermaid Quay for just over $2 Million and 3 Seamount Quay for $1.3 Million.

In Noosaville we auctioned a block of 5 apartments in William Street, the auction attracted strong interest with 5 registered bidders selling under the hammer for $1 Million.

Over at Sunshine Beach there have been strong sales only likely to strengthen as we move into Spring and Summer.
These include a stunning home on the beachfront at 6 Belmore Terrace at $5.7 Million and apartment 3 of 9 Belmore with expansive views for $1.15 Million. We sold a luxury duplex at 8 Hill Street just under $800,000, the adjacent apartment also sold for similar money.

Sales across the residential market remain strong, basically if the price is in reasonable range buyers are making offers, the volume of sales is good but may slow due to availability.

Sellers should be concentrating on refining presentation and marketing, not thinking of finding a buyer but rather securing the buyer that will pay a premium.

A lack of activity in this market is most likely a reflection of a major issue or price, there's no reason property shouldn't sell well in the current environment.

Kind regards,
 

Dan Neylan
Director
0412 764 370

Older News Releases

Noosa Market Report - June 2014 Noosa Market Report - May 2014 Herron Todd White Month In Review - June 2014 Noosa Market Report - April 2014 Noosa Market Report - March 2014 Noosa Market Report - February 2014 Herron Todd White Month In Review - March 2014 Noosa Market Report - January 2014 Herron Todd White Month In Review - February 2014 Noosa Market Report - December 2013 Noosa Market Report - November 2013 Noosa Market Report - October 2013 Noosa Market Report - September 2013 Noosa Market Report - August 2013 Noosa Market Report - July 2013 Noosa Market Report - June 2013 Noosa Market Report - May 2013 Noosa Market Report - April 2013 Noosa Market Report - March 2013 Noosa Market Report - February 2013 Noosa Market Report - January 2013 Noosa Market Report - December 2012 Noosa Market Report - November 2012 Noosa Market Report - October 2012 Noosa Market Report - September 2012 Noosa Market Report - August 2012 Noosa Market Report - July 2012 Noosa Market Report June 2012 Noosa Market Report - May 2012 Noosa Market Report - April 2012 Noosa Market Report - March 2012 Noosa Market Report - February 2012 Noosa Market Report - January 2012 Noosa Market Report - December 2011 Noosa Market Report - November 2011 Noosa Market Report - October 2011 Noosa Market Report - September 2011 Noosa Market Report - August 2011 Noosa Market Report - July 2011 Noosa Market Report - June 2011 Noosa Market Report - May 2011 Noosa Market Report - April 2011 Noosa Market Report - March 2011 Noosa Market Report - February 2011 Noosa Market Report - January 2011 Noosa Market Report - December 2010 Noosa Market Report - November 2010 Noosa Market Report - October 2010 Noosa Market Report - September 2010 Noosa Market Report - August 2010 Noosa Market Report - July 2010 Noosa Market Report - June 2010 Noosa Market Report - May 2010 Noosa Market Report - April 2010 Market report - March 2010 Noosa Market Report - February 2010 Noosa Market Report - January 2010 Market Report - December 2009 Market Report - November 2009 Market Report - October 2009 Market Report - September 2009 Noosa Market Report - August 2009 Market Report - July 2009 Market Report - June 2009 Noosa Market Report - May 2009 Noosa Market Report - February 2009 Noosa Market Report - April 2009 Noosa Market Report - Archive January 2009 Market Report December 2008 Noosa Market Report - Archive November 2008 Market Report - October 2008 Market Report September 2008 Market Report August 2008 Market Report July 2008 MEDIA RELEASE - JUNE 2008 MARKET REPORT - MAY 2008 MARKET REPORT - APRIL 2008 MARKET REPORT - MARCH 2008 MARKET REPORT - JANUARY 2008 MARKET REPORT - DECEMBER 2007 MARKET REPORT - NOVEMBER 2007 MARKET REPORT- OCTOBER 2007 MARKET REPORT - SEPTEMBER 2007 MARKET REPORT- JULY 2007 MARKET REPORT - JUNE 2007 MARKET REPORT - APRIL 2007 MARKET REPORT - MARCH 2007 MARKET REPORT - JANUARY 2007 MARKET REPORT - SEPTEMBER 2006 MARKET REPORT - AUGUST 2006

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