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Real Estate - Noosa - 11th April 2019

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NOOSA KEEPS MOST EXPENSIVE HOUSE MARKET CROWN BY ABBEY CANNAN QUEENSLAND owner occupiers are set to enjoy a year of consistent home value rises as our property market continues to defy national trends of falling prices and deliver good capital growth. According to the latest REIQ Queensland Market Monitor, reporting on the December 2018 quarter, Noosa held onto its crown as the turbo-charged house market, delivering an astonishing 11.7 per cent annual median house price growth, to a new high of $739,500. It also remains the most expensive house market in Queensland. But it had a grim December quarter, losing 8.2 per cent, so all eyes are on this market to see how the next few quarters fare. Solid economic fundamentals have positioned many of Queensland's

residential real estate markets for a good year ahead, with steady demand growth forecast due to rising population, improving employment rates and better lending conditions. REIQ CEO Antonia Mercorella said many experts agreed that many of the Sunshine State's property markets were in an enviable position. "Our housing market has proven to be resilient to the headwinds that have slowed the Sydney and Melbourne markets so drastically," Ms Mercorella said. "The last quarter delivered strong growth in many markets, including Greater Brisbane, which grew by 2.3 per cent to $525,000. "The Sunshine Coast stormed home at the end of last year with 6.3 per cent growth in median house prices. This is

extraordinary growth and testament to the enviable lifestyle on offer in this highly desirable part of the world." It also looks like it will be a good year for apartment owners. "Apartment supply has slowed significantly, with only around 5000 apartments due for completion this year, compared with almost 11,000 just a couple of years ago. This means demand will continue to rise and will contribute to meaningful price growth," Ms Mercorella said. "We are increasingly embracing apartment living and so it makes sense that this sector of the market is poised for strong growth in 2019," she said. Census data from 2016 reveals that 228,243 families live in an apartment, unit or townhouse, up by 10.2 per cent

NOOSA’S WEEKLY REAL ESTATE GUIDE

from 2011, according to demographic analysts, about 6.3 per cent of families live in an apartment. Census data also reveals that over the past decade, Queensland's interstate migration grew by a net figure of 11,000 a year, on average. "Queensland offers undeniable affordability and a fantastic climate and this is why our population is growing as residents from the southern states opt for a better lifestyle here," Ms Mercorella said. "Anecdotal evidence from our agents suggests that we are seeing property buyers moving here from interstate, lured by the greater bang-for-buck proposition that is presented by our real estate. "Quite simply, your real estate dollar goes further in Queensland." ●

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INSIDE � OPEN HOMES

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OPEN HOMES

real estate

com.au

Time

Address

A

B C

Price Guide

Agent Time

Agent

B C

4 2 2

3 2 1

2 1 1

2 2 3 2 2

2 2 3 2 1

2 1 2 1 1

$485,000 Garwoods Estate Agents - 0408 710 373 $900,000 Tom Offermann Real Estate - 0433 237 422 $1,687,000 Tom Offermann Real Estate - 0411 652 325 offers invited Garwoods Estate Agents - 0408 710 373 $375,000 Tom Offermann Real Estate - 0418 144 484

3

2

2

Price Guide $1.050mTom Offermann Real Estate - 0423 972 034

4

3

3

Auction

Tom Offermann Real Estate - 0413 319 879

4

3

2

$2,250,000

Tom Offermann Real Estate - 0411 757 570

Tom Offermann Real Estate - 0423 972 034 Friday 12th April 12.00pm - 1.00pm 6/18 Bryan Street Tom Offermann Real Estate - 0421 785 512

3

3

2

Auction

Tom Offermann Real Estate - 0419 757 770

4 3 6

3 2 3

3 2 2

Noosaville Friday 12th April

Saturday 13th April 10.00am - 10.30am

10/512 David LowWay

4

3

2

$2,695,000

10.00am - 10.30am

18/152 David LowWay

-

-

-

Auction

11.00am - 11.30am

21 Driftwood Drive

4

2

2

12.00pm - 12.30pm

7 Antipodes Close

5

3

2

4318/1808 David LowWay 4

5

4

Coolum Beach Saturday 13th April

11.00am - 12.00pm Tom Offermann Real Estate - 0411 757 570 12.00pm - 12.30pm Tom Offermann Real Estate - 0468 922 519 1.00pm - 1.30pm

7 Admiral Place 7/76 HiltonTerrace 3/164 Noosa Parade

Tom Offermann Real Estate - 0468 922 519 Saturday 13th April 11.00am - 11.30am 10 S Pacific,179Weyba Rd Price Guide $2m Tom Offermann Real Estate - 0437 447 804 12.00pm - 12.30pm 7/76 HiltonTerrace 12.00pm - 12.30pm 1/17William Street 12.00pm - 12.30pm 7/213 GympieTerrace 1.00pm - 1.30pm 9/272Weyba Road $2,950,000 Tom Offermann Real Estate - 0407 708 860

Auction $900,000 $365,000

Tom Offermann Real Estate - 0411 652 325 Tom Offermann Real Estate - 0433 237 422 Tom Offermann Real Estate - 0411 652 325

$850,000

Noosa Waters

Marcus Beach

Saturday 13th April 12.00pm - 12.30pm

Saturday 13th April 10.00am - 10.30am

Price Guide

A

Castaways Beach

11.00am - 12.00pm

Address

10Walnut Court

4

2

4

$985,000

Tom Offermann Real Estate - 0413 319 879

11 Aquamarine Circuit

Peregian Beach Saturday 13th April

Noosa Heads

1.00pm - 2.00pm

Friday 12th April 12.00pm - 12.30pm

Sunrise Beach

10 GrosvenorTerrace

3

2

2

$2,700,000

Saturday 13th April

Tom Offermann Real Estate - 0421 785 512 Saturday 13th April 12.00pm - 1.00pm 6 Ridgeway Street Garwoods Estate Agents - 0408 710 373

Sunshine Beach

10.00am - 10.30am

16Wild Apple Court

4

3

3

$1,490,000

10.00am - 10.30am

20 Sanctuary Avenue

4

3

3

$1,575,000

10.00am - 10.30am

10 GrosvenorTerrace

3

2

2

$2,700,000

11.00am - 11.30am

2/8 Serenity Close

3

3

2

$1,685,000

11.00am - 11.30am

26/2 Serenity Close

2

2

1

$695,000

11.00am - 11.30am

7 Lake Edge Drive

4

2

2

$1,575,000

Tom Offermann Real Estate - 0418 980 247 10.00am - 11.00am Tom Offermann Real Estate - 0411 652 325 11.00am - 11.30am Tom Offermann Real Estate - 0423 972 034 11.00am - 11.30am

12.00pm - 12.30pm

4/10 Serenity Close

3

2

2

$1,749,000

Tom Offermann Real Estate - 0418 980 247

12.00pm - 12.30pm

49Witta Circle

4

3

2

Auction

Tom Offermann Real Estate - 0419 757 770

12.00pm - 1.00pm

25 David Street

4

3

2

$1,495,000

Tom Offermann Real Estate - 0418 714 653

1.30pm - 2.00pm

16 Cottonwood Court

2

2

2

Auction

Tom Offermann Real Estate - 0423 972 034

2

1

1

$3,250,000

Tom Offermann Real Estate - 0414 367 282

4

3

2

Auction

Saturday 13th April

Sunday 14th April 12.00pm - 1.00pm

4 MaherTerrace 1/18 Henderson Street 3 Kiamba Court

$2,395,000 Tom Offermann Real Estate - 0401 008 138 $2,275,000 Tom Offermann Real Estate - 0411 757 570 Contact Agent Tom Offermann Real Estate - 0419 757 770

Auction Diary Castaways Beach Friday 26th April 3.00pm - 3.30pm

21/1 Morwong Drive

Tuesday 16th April 12.00pm - 12.30pm

45 Lorilet Street

18/152 David LowWay

-

-

-

Auction

Tom Offermann Real Estate - 0468 922 519

2

2

2

Auction

Tom Offermann Real Estate - 0423 972 034

4

3

2

Auction

Tom Offermann Real Estate - 0411 652 325

4

3

3

Auction

Tom Offermann Real Estate - 0419 757 770

-

-

-

Auction

Garwoods Estate Agents - 0411 862 954

Noosa Heads Saturday 13th April

49Witta Circle

Tom Offermann Real Estate - 0419 757 770 2.00pm - 2.30pm

Wednesday 17th April

16 Cottonwood Court

Noosaville

12.00pm - 1.00pm

25 David Street

4

3

2

$1,495,000

12.00pm - 12.30pm

49Witta Circle

4

3

2

Auction

1.00pm - 1.30pm

40/2 Noosa Drive

4

3

2

$2,290,000

Tom Offermann Real Estate - 0418 714 653 Friday 12th April 7 Admiral Place Tom Offermann Real Estate - 0419 757 770 12.00pm - 12.30pm Tom Offermann Real Estate - 0417 600 840

Sunshine Beach Friday 12th April

Noosa Sound

1.00pm - 1.30pm

Saturday 13th April

6/18 Bryan Street

Tewantin

10.00am - 10.00am

8/1 Peza Court

2

1

1

$739,000

12.00pm - 12.30pm

23 Mossman Court

4

3

2

$4,350,000

Tom Offermann Real Estate - 0437 447 804 Saturday 13th April 48-50 HiltonTerrace Tom Offermann Real Estate - 0421 785 512 12.00pm - 12.30pm

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HOME FOCUS

NOOSA OUTLOOK, CENTRAL LOCATION OFFERED to the market for the first time in 18 years, this spaciously designed three-bedroom home ticks all the boxes. Perched up on a level 705m2 block, the property faces north capturing a glimpse of Noosa Heads. A centrallylocated kitchen, with ample storage, leads into a spacious family living area. A large alfresco area is accessed from the living zone, allows for ease of entertaining. There's also a separate lounge room with pitched ceilings, the perfect place to escape the bustle of family life. The master bedroom is a generous size, with an ensuite and built-in robes. The second and third bedrooms are larger than standard, and include built in robes. Air-conditioning and fans have been installed throughout. There's a double lock-up garage, ample off-street parking and a wide side access with enough space for a caravan or boat. This family home is situated in a convenient location close to schools, local shops, the golf club and Tewantin village, with easy access to Lake Doonella cycling and walking trails. This modest property set within Noosa Outlook is worth inspecting. â—?

HOME ESSENTIALS

12411564-LB10-19

Address: 29 Outlook Drive, Tewantin Description: 3 bedrooms, 2 bathrooms, 2 garage Price: $625,000 Inspect: By appointment Land Size: 705m² Contact: Mark Hodgkinson 0409484159 or Patrick Sherwood 0413889130 for 121 Property Group

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