14 Aug 2014

Market Improving Daily

The Noosa market is enjoying time in the sun – in more ways than one. 

 

The continued low interest rates and the ready availability of money combined with a reduction in stock levels is producing an interesting dynamic.   Positioned at the recovery stage of the property cycle, Noosa is seeing return to price growth and improving yields.    It hasn’t happened overnight but we are seeing demand increasing and prices are just now commencing their ascent.

 

It will be an interesting Spring market as agents are scrambling to gather stock.  Some owners are holding sensing the pendulum gathering momentum in swinging their way.   In every market there will always be sellers of course as lives change, families upsize and down, move away and move here.   

 

The new financial year is promising.  Our office in the first month has sold across all price ranges – as little as $260,000 for a hinterland allotment to over $5mill for a waterfront home.    It’s delightful to see all the team kicking such goals.
View our recent sales

 

Good health

Peter Butt, Jennifer Carr, Shane McCauley

Co-Principals

R&W Noosa

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