The Noosa real estate market benefited from a strong start to the first quarter of the year. January produced some of the best weather we had experienced for years and Hastings Street was filled with happy smiles from visitors enjoying a family holiday on main beach. Many love affairs with Noosa real estate and Little Cove real estate were once again rekindled in January and our Summer Collection Auction campaign held on 11th 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. February was an enlightening month here at R&W Noosa 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.
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.