MARKET UPDATE
Welcome to the latest Market Report for the Sunrise Beach, Sunshine Beach and Castaways Beach areas. While I sell properties all over Noosa, this report provides a comprehensive overview of these key beachside suburbs. This report delivers market knowledge to readers, giving greater confidence and control in achieving research, investment and selling goals. As we have entered a new year, homebuyer confidence and demand are on the rise. I can’t say the market as yet is returning to a ‘seller’s market’, but what I am finding is activity for property, where there has not been a lot of movement for some time. For examples, properties in the $800,000 to $1.3 million range. I hope you find this report useful, and don’t forget to visit www.denicastle.com for more useful information and current listings.
CONTENTS 2// Market Overview 4// Recent Sales 6// Auction Overview 8// About Deni Castle
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.
SUNRISE BEACH INFORMATION
MARKET STATISTICS
Sunrise Beach is about 2sq km, with a population of about 3,456 (ABS 2011 statistics). Households are primarily couples with children and mortgage repayments are likely to be between $1800 -‐ $2400 a month. Latest figures show 61.4% of homes are owner-‐occupied. The December 2013 median house sale price was $640,255.
CASTAWAYS BEACH INFORMATION Castaways Beach is about 3sq km, with a population of about 606 (ABS
2011 statistics). Households are primarily couples with children with likely mortgage repayments between $1800 -‐ $2400 a month. Latest figures show 80 per cent of homes are owner-‐occupied. The December 2013 median house sale price was $635,000
SUNSHINE BEACH INFORMATION Sunshine Beach is about 2sq km, with a population of about 2293 (ABS 2011 statistics). Households are primarily couples with children, who likely pay over $4000 a month in mortgage repayments. Latest figures show 55.6 per cent of homes are owner occupied. The December 2013 median house price was $1,585,000.
SUNSHINE BEACH HOUSE SALES SNAPSHOT Property Address
Sale Price
Date
Land Size (m²)
ADAMS ST, SUNSHINE BEACH
$1,860,000
1/11/2013
741
ADAMS ST, SUNSHINE BEACH
$915,000
26/11/2013
713
BELMORE TCE, SUNSHINE BEACH
$1,500,000
9/07/2013
660
COOLOOSA ST, SUNSHINE BEACH
$305,000
15/07/2013
506
CRANK ST, SUNSHINE BEACH
$1,200,000 17/10/2013
514
DOLPHIN BAY DRIVE, SUNSHINE BEACH
$2,100,000
5/10/2013
919
EDWARDS ST, SUNSHINE BEACH
$675,000
31/10/2013
921
ELANDA ST, SUNSHINE BEACH
$720,000
7/12/2013
569
FERRIS ST, SUNSHINE BEACH
$640,000
15/11/2013
506
FERRIS ST, SUNSHINE BEACH
$765,000
8/07/2013
506
McANALLY DRIVE, SUNSHINE BEACH
$1,600,00
19/11/2013
653
NEBULA ST, SUNSHINE BEACH
$570,000
19/11/2013
717
CASTAWAYS BEACH HOUSE SALES SNAPSHOT
Property Address
Sale Price
Date
Land Size (m²)
ANTIPODES CLOSE, CASTAWAYS BEACH
$770,000
12/09/2013
755
CARIBBEAN CRT, CASTAWAYS BEACH
$700,000
29/08/2013
651
CRUSOE CRT, CASTAWAYS BEACH
$967,500
4/10/2013
814
DRIFTWOOD DRIVE, CASTAWAYS BEACH
$635,000
1/11/2013
829
DRIFTWOOD DRIVE, CASTAWAYS BEACH
$830,000
17/11/2013
640
MOONBEAM CRES, CASTAWAYS BEACH
$550,000
27/10/2013
635
MOONBEAM CRES, CASTAWAYS BEACH
$580,000
4/10/2013
646
MOONBEAM CRES, CASTAWAYS BEACH
$840,000
11/09/2013
638
SEAFARER CRT, CASTAWAYS BEACH
$665,000
18/09/2013
692
SUNRISE BEACH HOUSE SALES UPDATE Property Address BEN LEXCEN DR, SUNRISE BEACH BERTRAND RD, SUNRISE BEACH CAPTAINS CRT, SUNRISE BEACH CAPTAINS CRT, SUNRISE BEACH COMET DRIVE, SUNRISE BEACH COMET DR, SUNRISE BEACH COURAGEOUS PLACE, SUNRISE BEACH DAME PATTI DR, SUNRISE BEACH FREEDOM PL, SUNRISE BEACH HAWLEY CT, SUNRISE BEACH HAWLEY CRT, SUNRISE BEACH LIBERTY PL, SUNRISE BEACH NETHERBY RISE, SUNRISE BEACH NETHERBY RISE, SUNRISE BEACH NETHERBY RISE, SUNRISE BEACH NETHERBY RISE, SUNRISE BEACH NETHERBY RISE, SUNRISE BEACH OREALLA CRES, SUNRISE BEACH ORIENT DR, SUNRISE BEACH PALUMA ST, SUNRISE BEACH RIDGEWAY ST, SUNRISE BEACH SOBRAON ST, SUNRISE BEACH SOUTHERN CROSS PDE, SUNRISE BEACH SOUTHERN CROSS PDE, SUNRISE BEACH SOUTHERN CROSS PDE, SUNRISE BEACH SUNDOWN COURT, SUNRISE BEACH SUNDOWN COURT, SUNRISE BEACH
Sale Price $462,500 $466,000 $1,255,000 $730,000 $635,000 $675,000 $615,000 $590,000 $515,000 $504,000 $420,000 $450,000 $750,000 $1,260,000 $800,000 $466,500 $524,000 $375,000 $1,250,000 $640,250 $630,000 $922,000 $627,000 $708,000 $650,000 $610,000 $500,000
Date 27/08/2013 26/08/2013 26/11/2013 5/10/2013 7/7/2013 29/10/2013 10/10/2013 15/10/2013 4/10/2013 29/09/2013 4/11/2013 22/11/2013 8/11/2013 4/11/2013 15/10/2013 3/09/2013 5/08/2013 12/09/2013 6/07/2013 12/11/2013 8/09/2013 5/09/2013 11/11/2013 26/10/2013 24/09/2013 11/10/2013 8/10/2013
Land Size (m²) 661 640 753 800 700 707 822 612 1,100 623 669 790 766 678 726 665 607 610 641 859 607 754 600 601 439 635 656
House Sales Only – supplied by RP Data
SUNRISE BEACH STATISTICS (July 1 – December 31, 2013) Highest Sale Price Lowest Sale Price Average Sale Price Median Sale Price Total Sales Volume Total Sales Numbers
$1,260,000 $375,000 $634,219 $590,000 $20,929,250 33
QUEENSLAND AUCTION OVERVIEW
November 2013
Source: Jason Andrew Auctioneers
CASTAWAYS BEACH STATISTICS (July 1 – December 31, 2013) Highest Sale Price Lowest Sale Price Average Sale Price Median Sale Price Total Sales Volume Total Sales Numbers
$967,500 $550,000 $634,219 $726,388 $6,537,500 9
8. REGION Region
Brisbane Central
SUNSHINE BEACH STATISTICS (July 1 – December 31, 2013) Highest Sale Price Lowest Sale Price Average Sale Price Median Sale Price Total Sales Volume Total Sales Numbers
$7,000,000 $305,000 $1,514,000 $1,007,500 $30,280,000 20
Total Number of Auctions 174 Clearance (on or before): 53.45% Average Bidders per Auction: 1.75 Actual Bidding Percentage: 57.12% Average Crowd Size (per property): 20.76 Inspections per Auction: 20
Total
Clearance
27
55.56%
Sold 15
21
76.19%
16
Dandenong
4
100.00%
4
Ferntree Gully
1
100.00%
1
Frankston
1
0.00%
0
Gold Coast
3
66.67%
2
Heathwood Df
2
50.00%
1
Moreton
13
69.23%
9
Northgate
14
57.14%
8
Nsw North Coast
7
57.14%
4
Preston
1
0.00%
0
South Subs
15
46.67%
7
Sunshine Coast
60
36.67%
22
Toowoomba Region
1
0.00%
0
Wa Subs 4 Coast
4
100.00%
4
November 2013. Source: Jason Andrew Auctioneers ACCORDING TO JASON ANDREW AUCTIONEERS’ FEBRUARY DATA: Investors were responsible for 30.56 per cent of the scheduled auctions, closely followed by downsizers who are driving 22.22 per cent of vendors.
ABOUT DENI CASTLE Deni Castle is a fully licensed and experienced Noosa real estate agent who has built an exceptional reputation as one of the area’s best. Through Deni’s in-‐depth knowledge of the Noosa real estate market, hard work and integrity she has achieved record sales and multiple national and international awards. Highly respected among her peers, Deni has a fiercely loyal clientele and strong repeat and referral business with a platinum roster of buyers, sellers and investors worldwide. Deni’s career, which includes ownership of several Noosa agencies with her husband Luke, saw her placed in the top 1 per cent in Australasia’s number one real estate franchise for five years and the world’s largest international real estate agency. She is responsible for over 2000 residential and commercial sales and is a member of the prestigious multi-‐million dollar chapter of several major international real estate groups. Among her awards are the Best Business Growth -‐ Sales Income for Queensland and northern New South Wales and a listing in Australia’s Top 20 Individual Sales Agents. Selling almost 100 properties a year, Deni’s background is in general sales throughout Noosa and the surrounding hinterland. Those seeking a dream home and/or investment property, or selling should speak with Deni for an attentive, results-‐driven service. Deni Castle I 0419 627 767 denicastlenoosa@gmail.com