M A R K E T U P DAT E R E P O R T J U L Y 20 2 2
Joel Nicholls, Sales Agent joel@nellerre.com.au • 0421 722 195
HEL LO & WELCOM E TO THE FIRST IN AN UPCOMING SERIES OF QUARTERLY MARKET UPDATES FROM ME - YOUR AREA SPECIALIST, JOEL NICHOLLS. 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 top end of 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.
Joel Nicholls
M Y TO P T H R E E M A R K E T C O N D I T I O N S T O W A T C H >
1
STRO NG SELLERS CONDITIO NS
With border restrictions gone, the market has opened up to in-person inspections from interstate buyers and the sense of urgency has noticeably waned. There has also been a gradual increase in properties coming on to the market as owners are anxious to capitalise on strong sellers’ conditions, which may be reaching their peak.
Confidence in the overall robustness of key regional lifestyle markets such as Noosa and the appeal of our temperate climate, relative affordability by comparison to Sydney and Melbourne, and close proximity to a major state capital is still a strong drawcard.
3
RENTAL SH OR TAG ES REMAIN
2
TH E AP P E A L OF TH E COAST CONT INU E S
We are also anticipating a surge in expatriates purchasing properties on the coast, if not to live in immediately, but to secure for the future. Demand for rental properties and prices are still at record highs, so an investment in this region is very sound from a financial perspective.
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
PRIV A T E . PAN O R A M I C . POI S E D . R E C E N T LY S O L D 1/26 PEREGIAN ESPLANADE, PEREGIAN BEACH
Tucked away from the road in a private, elevated position, the sales campaign for this freestanding, architecturally designed beach house in a boutique complex of only three – just 100 metres to the sand, outperformed our expectations commanding a sale price of $3,000,000. With sweeping 180° panoramic ocean views from Sunshine Beach headland in the north through to Point Cartwright in the south; it is a property that offers its new owners an unparalleled lifestyle, seamlessly blending luxury and sophistication with relaxed beachside living. It was a pleasure to represent this property and help my clients achieve a premium result for this prestige home.
Key Campaign Statistics OFFERS : 3 • METHOD OF SALE : PRIVATE • SALE PRICE : $3,000,000
M Y S U N D AY L U N C H S P O T P E R I W I N K L E
–
Periwinkle is a boutique French restaurant that combines delicious food with a relaxing, village vibe. Karen and Frank provide fantastic service and I personally think they do the best steak and chips around! periwinklerestaurant.com.au
R E C E N T O U T S TA N D I N G S A L E S R E S U L T S $5,000,000
4 1 P E L I C A N S T R E E T, PEREGIAN BEACH 4 2 2
$2,505,000
3 PA L M B E A C H AV E N U E , YA R O O M B A 4 3 2
$1,910,000
$3,000,000
1/26 PEREGIAN ESPLANADE, PEREGIAN BEACH 3 2 2
$2,100,000
2 7 C A L L I T R I S C R E S C E N T, MARCUS BEACH 4 2 2
$2,950,000
2 1 S H E A R WAT E R S T R E E T, PEREGIAN BEACH 4 3 2
$2,067,500
15-17 CHARLOT TE DRIVE, WEYBA DOWNS 4 3 4
$1,800,000
Wondering what your property is worth? Scan for an instant & complementary estimate of the value of your home.
2 / 2 0 S H E A R WAT E R S T R E E T, PEREGIAN BEACH 3 1 1
3 M O O N B E A M C R E S C E N T, C A S TAWAY S B E A C H 5 2 2
FINA L TH OU G HT S . Q3 O F 2 0 22, & B E YO N D. As we enter the third quarter of the year, we are seeing many factors at a local, national, and global level that will impact on 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. We at Neller Real Estate believe the future is looking as bright as it has ever been. Thanks for taking a moment 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. And if my report has piqued your interest, feel free to visit nellerre.com.au/jn for an instant and complementary report on the value of your home. Let’s see what opportunity may lay ahead!
Joel Nicholls, Sales Agent joel@nellerre.com.au • 0421 722 195
K E Y C A R E E R S TAT I S T I C S
Until my next market update, all the best,
Joel
AUCTION CLEARANCE R AT E
AV E R A G E D AY S O N MARKET
92%
21
AV E R A G E SALE PRICE
T O TA L CAREER VOLUME
$1,145,701 $120 Million
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