The Noosaville market, characterised by entry level apartments through to superb free-standing villas, always seems to be ‘hit for six’ during times of economic uncertainty. There were 26 sales during the 4thQtr 2011 with a median price of $500,000. This reflected a slight softening in market conditions when compared to the corresponding period in 2010 where there were 36 sales with a median price of $505,000. There were a number of opportunistic sales that featured towards the end of last year:
4 Edward Street $1,510,000
6 Howard Street $1,245,000
4 Howard Street $900,000
These sales reflect our view that the ‘smart money’ is again active in the market and that there is no better time to buy.
Sold the property! Very helpful through the whole process.