MARKET UPDATE Welcome to the latest Market Report for the Noosa Sound area. While I sell properties all over Noosa, this report provides a comprehensive overview of this prestigious estate. This report delivers market knowledge to readers, giving greater confidence and control in achieving research, investment and selling goals. As we progress through 2014, homebuyer confidence and demand is looking positive. I can’t say the market as yet is returning to a ‘seller’s market’, but what I am finding is activity for property 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 denicastlenoosa@gmail.com 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// Recent Sales 5// Market Overview 6// Auction Overview
NOOSA SOUND HOUSE & UNIT SALES SNAPSHOT Property Address
Sale Price
Date
Land Size (m²)
BELLI STREET COORAN COURT KEY COURT KEY COURT MOSSMAN COURT NOOSA PARADE NOOSA PARADE NOOSA PARADE NOOSA PARADE NOOSA PARADE NOOSA PARADE NOOSA PARADE NOOSA PARADE NOOSA PARADE NOOSA PARADE NOOSA PARADE NOOSA PARADE NOOSA PARADE NOOSA PARADE NOOSA PARADE NOOSA PARADE NOOSA PARADE NOOSA PARADE NOOSA PARADE NOOSA PARADE NOOSA PARADE NOOSA PARADE
$337,000 $1,625,000 $1,470,000 $3,150,000 $2,800,000 $3,550,000 $465,000 $415,000 $210,000 $365,000 $355,000 $465,000 $210,000 $470,000 $300,000 $300,000 $400,000 $525,000 $535,000 $460,000 $305,000 $288,000 $390,500 $752,000 $685,000 $485,000 $455,000
9/04/2013 5/06/2013 22/04/2013 1/10/2013 25/11/2013 26/07/2013 20/07/2013 23/10/2013 6/06/2013 30/09/2013 5/09/2013 30/10/2013 15/09/2013 14/09/2013 27/07/2013 27/07/2013 27/07/2013 28/11/2013 6/04/2013 6/09/2013 1/03/2014 11/12/2013 31/03/2014 14/11/2013 3/10/2013 3/10/2013 16/01/2014
132 740 644 686 612 782 78 41 41 81 123 79 66 57 81 81 n/a 57 78 -
Property Address
Sale Price
Date
NOOSA PARADE NOOSA PARADE QUAMBY PLACE QUAMBY PLACE QUAMBY PLACE QUAMBY PLACE QUAMBY PLACE QUAMBY PLACE QUAMBY PLACE QUAMBY PLACE QUAMBY PLACE WITTA CIRCLE WITTA CIRCLE WITTA CIRCLE
$460,000 $545,000 $1,700,000 $900,000 $380,000 $450,000 $450,000 $425,000 $445,000 $432,500 $1,370,000 $2,500,000 $4,680,000 $2,300,000
16/01/2014 19/10/2013 30/04/2013 16/04/2013 6/04/2013 9/10/2013 25/09/2013 1/01/2014 4/06/2013 14/08/2013 5/07/2013 17/04/2013 10/06/2013 1/08/2013
Land Size (m²) 86 97 93 93 99 617 616 639
NOOSA SOUND HOUSE SALE STATISTICS
QUEENSLAND AUCTION OVERVIEW
(April 1, 2013 – March 31, 2014)
March 2014
Highest Sale Price:
$4,680,000
Lowest Sale Price:
$1,470,000
Average House Sale Price:
$2,759,375
Median House Sale Price:
$2,650,000
Total Sales
8
Total Number of Auctions Clearance (on or before): Average Bidders per Auction: Actual Bidding Percentage: Average Crowd Size (per property): Inspections per Auction:
167 51.50% 1.65 63.27% 22.78 25.55
Source: Jason Andrew Auctioneers
NOOSA SOUND UNIT SALE STATISTICS (April 1, 2013 – March 31, 2014) Highest Sale Price:
$1,700,000
Lowest Sale Price:
$210,000
Average House Sale Price:
$506,969
Median House Sale Price:
$450,000
Total Sales
33
March 2014. Source: Jason Andrew Auctioneers ACCORDING TO JASON ANDREW AUCTIONEERS’ MARCH DATA: Investors were responsible for 14.376 per cent of the scheduled auctions, closely followed by downsizers who are driving 13.17 per cent of vendors.