Sunrise Beach Report
title: Sunrise Beach Report
description: We have seen a steady increase in property values across the Sunrise Beach area over the past 12 months.
og:image:
https://assets.boxdice.com.au/richardson-wrench-noosa/attachments/a12/399/article_127_hero_1_.jpg?612388acbcaba01d0fc446c6976c39ec
https://assets.boxdice.com.au/richardson-wrench-noosa/attachments/a12/399/article_127_hero_1_.jpg?612388acbcaba01d0fc446c6976c39ec
RICHARDSON & WRENCH NOOSA https://assets.boxdice.com.au/richardson-wrench-noosa/attachments/13a/512/rw_logo_v2.png?331e0a0f28377fb379b28e2ee35519a2

Sunrise Beach Report



We have seen a steady increase in property values across the Sunrise Beach area over the past 12 months and this not only reflects a growing confidence in the local market, but it also underlines the desirability of Sunrise Beach as an area of choice for families seeking affordable beachside living. Sales of both houses and units in Sunrise Beach have been relatively strong and we have seen both selling with fewer days on the market and achieving better prices especially in the entry level price range. While buyer enquiry for Sunrise Beach has been high, property stock levels are comparatively low which leaves us with a number of surplus buyers on our database just waiting for an opportunity to purchase.

In the $500,000 to 1 million brackets, sales have been particularly strong and we have noticed time-on-market has decreased significantly in the $500,000-$600,000 range. Buyers for this range have been typical first home buyers along with astute investors looking to take advantage of any distressed sales which have all but disappeared.  In the 1 million + range there are fewer buyers, however, there have been a number of significant transactions especially in the dress circle positions of Captains Court.

With winter approaching, it traditionally indicates a slowdown in the Sunrise Beach property market until the beginning of spring but due to the  lack of a stock on the market, buyer enquiry has been consistently strong and there is every indication of that continuing  during this period.

Testimonials

Selling our home was an immensely stressful and sad decision. The process was extremely easy with Richardson and Wrench. The sales team liased with us from day 1 with helpful sales tips through to what to expect sales wise. Their knowledge of the Noosa area is invaluable which reflected in our home being sold second day on the market. If we did it all again Richardson and Wrench will be there again.
John and Kristina Golfin