Peregian Springs has always appealed to sales agent Melanie Primmer, with her two daughters attending the local school and son at Little Saints.

Having marketed the area previously as an area specialist, Melanie is excited to return after some time off raising her son who is now almost 3.
Having seen Peregian Springs real estate develop as one of the fastest growing residential estates on the Sunshine Coast, it offers the perfect lifestyle choice for families or retired residents.

The population of Peregian Springs in 2006 was 1,675 people. By 2011 the population was 3,952 showing a population growth of 135% in the area during that time.

Peregian Springs is located only 10 minutes’ drive from the world famous Noosa Heads and a similar distance to Coolum Beach, Peregian Springs is in an ideal location.

Residents have access to everything they could need including the shopping centre, recreational and educational facilities. The estate also boasts the Peregian Springs Golf Club which features an 18-hole course and an award-winning restaurant.

The predominant housing type in the area is new single-detached dwellings.

Given its location, there are a large number of prestige homes.  The highest house sale for the 12 months to the end of February 2013 was $1,138,000.

According to figures from the Real Estate Institute of Queensland (REIQ), the majority of people are owner-occupiers with 67 per cent owning their property as opposed to 33 per cent of private dwellings being rented.

Melanie has asked those looking for an update on the current market to phone her on 0448 966 867 or email melanie@rwnoosa.com.au.

Peregian Springs Snapshot

Most Recent Sales

2 Maddens Crescent      4 Bedroom House            $510,000              08/04/2013 Agents Advice

21 Ironhurst Place            4 Bedroom House            $526,000              26/02/2013

17 Peachtree Crescent  4 Bedroom House            $690,000              14/01/2013

Sales

Median House Price $528,000 Period March 2012

12 Months to the end of February 2012 $563,000

Price difference (over one year): + 1.3%

Price difference (over five years): -7.6%

Average Days on Market 116 days

Rentals

Median Weekly Rent $490

Three Bedroom House

Statistics from RP Data and correct at the time of posting.

For dog loving Noosa Real Estate buyers you should look no further.

Whether you want to be able take your dog to one of the spectacular Eastern Beaches or go for a walk along the river in Noosaville, or simply sit or play in one of the many parks  there is somewhere for you.

The Dog Beach at the end of Hastings Street in Noosa Woods has just been completed and offers protected beach for families and where dogs can play off leash with other dogs and their owners.

There are two other off leash beaches in the Noosa area, which include:

The Northern end of Sunshine Beach, (Beach Access Point 27) at Seaview Terrace to the northern boundary of Noosa National Park.

Then from Sunrise Beach South,  (Beach Access Point 37) at the Southern end of Tingira Place all the way down to and past Castaways Beach.

Off leash Parks include Alex Dan Park on Cooyar Street Noosa Heads and Noosaville Park and beach on the foreshore of Weyba Creek between Lake Weyba Drive and the south-western boundary of the South Pacific Resort and the Australian Rules Football Ground.

There are many other beautiful Noosaville Real Estate areas you can walk your pooch on a lead as you enjoy your time together.  One fine example is the scenic route along the Noosa River at Gympie Terrace.

Dogs must always be under control whether on or off the leash and owners are responsible for the behaviour of their dog.  Of course dog owners must always carry a poo bag with them and clean up after their dogs or face hefty fines.

Click on this link to go to the list of Off Leash Dog Areas on the Sunshine Coast:
http://www.sunshinecoast.qld.gov.au/sitePage.cfm?code=dog-off-leash-areas

The Noosa market has continued to see active buyer participation across the board. Stock levels are continuing to be in decline. Our recent auction delivered an increase in the number of registered bidders and multiple bidders were again participating competitively for the available stock some examples of this were an un renovated apartment in Little Cove which sold under the hammer at $940,000 after competitive bidding from two parties. Although this property sold slightly under the reserve, it brought the sales process to a head and the price appears to be fair market. An older home on a beautiful site on Noosa Sound was under competition from three bidders and this property is expected to signed off imminently.

While the autumn market post Easter is normally seen as the tail end of the January peak activity, this year has proven to be a more intensive activity period over and above 2012. Discussion within the industry seems to confirm that we are definitely at the bottom of the market and the Spring market may well see the start of an upward cycle, although the speed of this recovery will yet to be determined.

At the higher end of the market R&W are pleased to report two solid sales in the Sunshine Beach market. “Cloud Break” in Kiamba Court has sold for a solid price in the low $4 millions, which sees the price of a non beachfront property at levels of that seen pre GFC. While “Cloud Break” is certainly a stunning home in a unique position, this will be an encouraging sign for potential sellers who are waiting to see some positive signs in this market before listing their properties for sale.

The Sunshine Beachfront market will also see a lift in sales results with the sale of 2 Arakoon Crescent, which Jennifer Carr will soon be announcing. Arakoon Crescent is regarded as the “Toorak Position” of Sunshine Beach, being within easy walking distance of the village and access to the beach. Peter Butt and Jennifer Carr will be offering other opportunities in this highly desirable locations coming into the Spring market.

While some buyers may be delaying their final decisions until after the September election results others are definitely making their moves now. We are seeing stock depletion on the waterfront in Noosa Waters and we are expecting to see competition for the fresh Stock that will be coming on in this sector of the market. Shane McCauley and Frank Milat are the “go to” agents for this market sector.

Well positioned property on Noosa Hill has also seen a number of recent sales Kate Cox is offering a selected choice of 2 & 3 bedroom apartments and also a choice of extremely good valued homes in this central location. Graham Smith from R&W has also been very active in the market place with a number of apartments in Noosaville lowering his stock levels.

Our overall perspective of the current market for buyers is: act now when you have refined your search and determined your choice as it may not be there tomorrow. The stock that has been on the market will be cheaper than the next to come on to the market and once the current well positioned stock is gone it may take some time to replace it.

To those prospective sellers we would suggest the lead in to the Spring market is definitely going to be a better time to sell than what we have seen in previous years. We would also add that while prices will be still back from the peak levels of some years ago buying and selling within the same market will also mean that you will also pick up your next buying opportunity at a price well below the peak levels. Life moves on.

Good Health

Peter Butt and Jennifer Carr

Our current buyers are looking to purchase Noosa Waters real estate and Sunshine Beach real estate. These areas as well as Noosaville real estate have been Noosa’s best performers, with 423 sales in Noosaville and Noosa Waters. Noosa Heads comes in second with 298 sales, with Tewantin following closely at 262.
Stock levels are declining and we will soon see a market in transition where sellers in well positioned properties will have a stronger position. So buyers should move forward when they find the right property.

Many love affairs with Noosa were once again rekindled in January and our Summer Collection Auction campaign held on 11^th January was a roaring success. Many properties had multiple bidders and over the reserve sales were a reflection of competition and sellers with realistic expectations. While we sold half of the 15 properties on the night or just after, we identified and engaged with a number of serious buyers who later negotiated a successful result. Only a few of the properties now remain unsold.

February has been an enlightening month here at R&W with a sale occurring almost every day – even with the rain pelting down. This was indeed the result of sales momentum and a direct flow on from the activity that R&W generated from our Summer Collection auction campaign. We are still dealing with many buyers who have not yet found their ideal purchase, so we would like to talk to all sellers in the market to see if we can match your property with one of these left over buyers.

Easter is fast approaching and here is a list of what we have on offer for our April 5^th Auction at the Sheraton Noosa! Don’t miss out as stock is moving and interest rates are looking decidedly low!

Market hints – stock levels are declining and we will soon see a market in transition where sellers in well positioned properties will have a stronger position. So buyers should move forward when they find the right property.

A beachfront apartment in Hastings Street has been sold by us for the highest amount paid this year.   Almost $6.5mill was paid for this casually sophisticated pad with views to die for.  R&W has had the honour of achieving the highest price every year since about 1992.  Not bad hey!

Peregian Beach is mainly known for its village atmosphere, spectacular beach frontage with the benefit of surrounding national parks and a very popular surfing destination – these are the main selling points when looking at Peregian Beach real estate.   Peregian village has a great choice of patisseries, great delicatessens and restaurants as well as boutique shops, the popular surf club and the huge recreational area dedicated to the Sunday markets and entertainment like the Peregian Originals.

The Peregian Beach markets are held on every first and third Sunday of every month.  You can experience it all here.  Spend the morning perusing the stalls and soaking up the atmosphere!  There’s a great selection of art, craft, organic food, fresh fruit and veg and much, much more.

The Peregian Originals have been around for years and this event is a great, laid back source of entertainment on a Sunday afternoon.  Everyone spreads out blankets and rugs on the grass in front of the stage and all there is for you to do is listen, sit back and enjoy!

Peregian real estate is highly sought after from singles to couples or families.  It’s a great place of live but, also a nice place for a quiet, relaxed holiday.

With all of this taken into consideration it’s no wonder Coolum Beach real estate is a popular topic. Similar the trend of the Noosa market – Coolum real estate prices appeared to peak in 2007. Since then prices have seemingly stalled – some may say ‘dropped’ since then, but where is the bottom of the market and where is the top? If you knew the answer your talents would be in high demand.

The recent run of fine weather has not disappointed the throng of tourist numbers that have flocked back to Noosa in recent months to shake off the winter blues. The Noosa Triathlon was also a huge success and created a great atmosphere towards the beginning of November. Both competitors and their supporters enjoyed the festivities and congratulations must go to USM Events for producing a seamless event.

As we now head into the Christmas–New Year selling season and we are preparing another group of select properties to present to the market on 11th January. The recent activity levels have taken properties out of the market across the board. Sales have been transacted from the high $200k all the way up to almost $7 mill where two Hastings Street beachfront properties are now under contract these are apartment 1/23 Hastings Street (which is coming into our holiday rental pool) and the middle floor apartment in “The Breakers” which was auctioned on 5th October – which will remain as a holiday rental.

Where is all this heading, one might ask? We believe that the activity levels in the market have increased mainly because the buyers have come to the conclusion that the market has bottomed and will not get any cheaper than what it is today. Some of the well positioned stock will be hard to replace, so they are picking the best positions in the market.

Numbers of properties for sale in Little Cove, Noosa Heads, Noosa Sound, Noosa Waters, Noosaville, Sunshine Beach and Sunrise Beach have been steadily diminishing. This means the market is now heading slowly to a position where we may see more buyers in the market than sellers. Just how long this will be before we see prices slowly climbing is anyone’s guess. We don’t necessarily see prices rising quickly in the immediate future, but buyers will be limited in their choices and compromises will need to be made. Our suggestion to buyers is: if you see what you want then don’t delay your decision.