Welcome to the May Market Report for the Noosa Heads area. While I sell properties all over Noosa, this report provides a comprehensive overview of this key beachside suburb. I hope this report provides you with greater confidence and control in achieving research, investment and selling goals.. While I can’t say the market is returning to a ‘seller’s market’, I believe home buyer confident and demand are on the rise, with activity in all price ranges.. I hope you find this report useful, and don’t forget to visit www.denicastle.com for more useful information and current listings.
MARKET UPDATE Welcome to the May Market Report for the Noosa Heads area. While I sell properties all over Noosa, this report provides a comprehensive overview of this key beachside suburb. I hope this report provides you with greater confidence and control in achieving research, investment and selling goals.. While I can’t say the market is returning to a ‘seller’s market’, I believe home buyer confident and demand are on the rise, with activity in all price ranges.. I hope you find this report useful, and don’t forget to visit www.denicastle.com for more useful information and current listings. Deni Castle 0419 627 767 To subscribe to my property reports please email me at [email protected]The information contained in this report is based on information supplied by a third party. Although care is taken to ensure the accuracy of the information at the time of publication, no responsibility is accepted by Robert James Realty. CONTENTS 3// Market Overview 5// Recent Sales 6// Auction Overview
NOOSA HEADS INFORMATION The size of Noosa Heads is approximately 13 square kilometres. It has four parks covering nearly 4 per cent of the total area. The population of Noosa Heads in 2006 was 3,649 people.
By 2011 the population was 4,004 showing a population growth of 9 per cent in the area during that time. The predominant age group in Noosa Heads is 55-64 years. Households in Noosa Heads are primarily childless couples who are likely to be repaying between $1000 - $1400 per month on mortgage repayments. In general, people in Noosa Heads work in a professional occupation. In 2006, 67.6 per cent of the homes in Noosa Heads were owner-occupied compared with 63.4 per cent in 2011. Currently the median sales price of houses in the area is 675,000.
Household Structure
NOOSA HEADS HOUSE STATISTICS (January 1, 2014 – March 31, 2014)
Highest Sale Price: $3,200,000
Lowest Sale Price: $505,000
Average Sale Price: $1,066,500
Median Sale Price: $720,000
Total Sales Volume: 11
* Details for one of the 11 properties were undisclosed at the time of publication
Recent Median House Sale Prices
* Supplied by RP Data
NOOSA HEADS HOUSE SALES SNAPSHOT
Sale Price
Date
Land Size (m²)
ALLAMBI TERRACE $580,000 28/02/2014 607
ANGLER STREET $2,050,000 18/02/2014 794
BANSKIA AVENUE $665,000 3/03/2014 647
EUGARIE STREET $880,000 3/02/2014 506
NOOSA SPRINGS DRIVE $860,000 24/02/2014 492
SAMARA PLACE $515,000 9/01/2014 600
WESLEY COURT $3,200,000 21/02/2014 692
WEYBA PARK DRIVE $505,000 13/02/2014 680
WITTA CIRCLE UNDISCLOSED 15/02/2014 611
WYONA DRIVE $635,000 8/02/2014 607
YALLARA COURT $775,000 15/01/2014 682
QUEENSLAND AUCTION OVERVIEW
April 2014
Total Number of Auctions 134
Clearance (on or before): 54.48%
Average Bidders per Auction: 1.77
Actual Bidding Percentage: 62.45%
Average Crowd Size (per property): 22.21
Inspections per Auction: 20.99
Source: Jason Andrew Auctioneers
April 2014. Source: Jason Andrew Auctioneers
ACCORDING TO JASON ANDREW AUCTIONEERS’ FEBRUARY DATA:
Investors were responsible for 16.42 per cent of the scheduled auctions, closely
followed by people who have bought elsewhere making up 14.93 per cent of
