Market Update | Jack Brew | Spring 2022

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M A R K E T U P DAT E R E P O R T S P R I N G 2 0 2 2

H E L LO & W ELCOM E TO THE FIRST IN AN UPCOMING SERIES OF QUARTERLY MARKET UPDATES FROM ME - YOUR AREA SPECIALIST, JACK BREW.

Despite a variety of changes both abroad and at home, the appeal of Noosa and lifestyle we offer continues to endure. Regardless of media reports and increased speculation that the market is starting to cool, I am still seeing the market in Noosa and the Eastern Beaches perform extremely well. Let me take you through some of the recent sales highlights from our area, and keep you up to date with key noteworthy market changes.

nellerre.com.au

Jack Brew

Jack Brew, Sales Agent jack@nellerre.com.au • 0458 777 055


T H E TO P TH RE E M A R K E T C O N DI T I O N S T O W A T CH >

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SPRING B RIN GS S TRE N GTH

As Spring arrives, the Noosa property market remains resilient with supply increasing, coupled with calmer conditions. Noosa continues to out perform other regional markets and as we hold value in our homes, desire for our area and lifestyle remains incredibly strong.

Spring is also a traditionally busy selling period, evidenced this year in our high number of new enquiries and existing clients looking to capitalise on optimal conditions before the end of 2022. If you are thinking of selling – now is the time to act to achieve a solid return.

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RE N TAL S H O RTAGES RE M AI N

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PEAK POT ENT IAL IN 2 02 2

With the imminent launch of Bonza Airlines services to and from the Sunshine Coast, the demand for rental properties is only set to increase. With median rent prices up 17.6% over the past 12 months, investment purchasing continues to offer sound returns.

F O R M O R E M A R K E T U P DAT E S V I S I T N E L L E R R E . C O M . AU


R E C E N T O U T S TA N D I N G SA L E S R E S UL T S SOLD

2/69 SOUTHERN CROSS PA R A D E , S U N R I S E B E A C H 2 2 1

SOLD

9 N E W F I E L D S T R E E T, SUNRISE BEACH 4 4 4

SOLD

SOLD

5 P E L I C A N S T R E E T, PEREGIAN BEACH 4 3 2

SOLD

1 2 L A N C E W O O D AV E , PEREGIAN BEACH 4 2 2

SOLD

5 P I P E L I N E AV E N U E , PEREGIAN BEACH 4 2 2

SOLD

1 8 - 2 8 W I N W I N R OA D, PEREGIAN BEACH 5 4 6

SOLD

Wondering what your property is worth? Scan for an instant & complementary estimate of the value of your home.

3 1 PA R A K E E T C R E S C E N T, PEREGIAN BEACH 4 3 2

3 5 PA R A K E E T C R E S C E N T, PEREGIAN BEACH 4 3 2


SWE E PI NG O CEAN VI E WS + SUN

SOLD

R E C E N T LY S O L D 3 5 PA R A K E E T C R E S C E N T, PEREGIAN BEACH

Perfectly positioned on a 627m� block to maximise the north-easterly aspect, elevation, light, breezes and sweeping white water ocean views – this property truly takes your breath away in many ways with the family friendly, flexible living it offers. With charisma, generosity of size and show-stopping ocean vistas, 35 Parakeet Crescent boasts four bedrooms, three bathrooms, light-filled tiled open plan living and dining, huge central kitchen, upper terrace, and timber decking on lower level for the ultimate expression of indoor / outdoor living. It was a privilege to represent this property recently and help my clients achieve an exceptional price for their prized family home.

Key Campaign Statistics METHOD OF SALE : AUCTION SALE PRICE : $1,805,000

MY GO-TO MARKET CAFE OUTER SQUARE Every time I’m at Peregian Village Markets, I can not go past Outer Square for a coffee hit and incredible food inspired by the amazing local produce of our region. The Buttermilk Chicken Burger is my recommendation next time you are shopping at the Village. outersquare.com.au


SP R I N G 20 2 2 & BE Y ON D Above: Myself and my wife Kate, and son Freddy. Enjoying living locally in Peregian Breeze.

As we enter the third quarter of the year and the peak selling season for 2022, we are seeing many factors at a local, national and global level play out that have the potential to impact consumer confidence. Thankfully the lifestyle, environment and community we share here in Noosa is proving robust against these influences – in particular the beachside markets, with demand continuing to rise. Spring offers great opportunities for our clients and we’re looking forward to reporting more positive sales results for 2022. Thank you for taking the time to read my current market update and if you have any questions about this report you’d like to discuss - please call or email me on the details to the right. If you’re now wondering what your property might be worth, head to nellerre.com.au/jb for an instant and complementary report on the value of your home. Let’s see what opportunity may lay ahead! Until my next market update, all the best,

Jack

K E Y C A R E E R S TAT I S T I C S

AUCTION CLEARANCE R AT E

AV E R A G E D AY S O N MARKET

90%

23 5

AV E R A G E SALE PRICE

CUSTOMER S AT I S F A C T I O N R AT I N G

$1.4 Million

5 Stars

Jack Brew, Sales Agent jack@nellerre.com.au • 0458 777 055


NOOSA LOCALS SINCE 1973.

Neller Real Estate Shop 11, 224 David Low Way, Peregian Beach, Queensland 4573 T 07 5471 4000 F 07 5471 4001 administration@nellerre.com.au nellerrealestate nellerre.com.au


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