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Noosa holiday home doubles in value in three years

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Noosa holiday home doubles in value in three years

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$6.6m holiday house a Sound investment for Victorian family

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Battle for a piece of the auction as sales soar

Crowds of up to 300 are turning out for auctions on the Sunshine Coast where clearance rates are hitting new highs and properties purchased More

Demand for luxury housing that’s low maintenance

Leading Sunshine Coast developer Pelican Waters is winding forward a boutique terrace home project as the region experiences a wave of interest in luxury, More

Surge of interest in hospitality assets

Leading Queensland commercial property agency Off Market Group has announced the successful sale of the management rights of a Noosa apartment complex for $1.075 More

Now this is a holiday house!

A Melbourne family outbid five registered bidders to claim stunning 17 Cooran Court, Noosa Heads, for $6,571,000, and can’t wait to start using it as a luxury retreat.

The sale Sunday, secured by a winning bid made over the phone, was just another indication of the growth in values over the past few years.

The same property sold three years ago at auction for $3,630,000. That’s close to three million dollars’ worth of growth in three years. The agent was Nic Hunter of Tom Offermann Real Estate.

The woolly weekend of rain and powerful winds did little to dampen the spirits of the Sunshine Coast property market.

Averaging five registered bidders per auction, the final sold count was a staggering 80% of properties sold either prior to, or under the hammer.

During the restrictions placed earlier this year on gatherings of people, many auctions were conducted online.

Agencies continue to embrace and evolve the online auction space and are yielding huge results.

The property at 795-797 Diddillibah Road, Diddillibah (pictured below), was auctioned online with Ray White Rural from the corporate offices in Brisbane.

A total of 17 buyers registered to bid and fought it out with the eventual buyer securing the property for $690,000. The agent was Jason Mattiazzi of Ray White Rural.

17 Moorabinda Street, Buderim, was poised and ready for the sunset session at 6pm Saturday evening, however a prior negotiation led to a successful sale in the last week of the campaign. It will soon be revealed who the buyers are and if you’re curious about the sale price, give Wayne Sweet from Stoke Realty a call.

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Ray White Caloundra had another fantastic in-room auction event with 14 properties on the order of sale.

Three sold prior and eight under the hammer. Some highlights included 8 Grigor Street, Moffat Beach ($1,655,000), 2 Campbell Street (pictured below) Moffat Beach ($2,017,000) and 33 Esplanade, Bulcock Beach, Caloundra ($3,050,000).

With one weekend of auctions left for 2020 there are plenty of opportunities to attend and get a tangible gauge on the market. Please feel free to come along.

Friday 18th

9:30am 1 & 2/ 4 Douglas Street, Sunshine Beach

11am 157 Oakey Creek Road, Gheerulla

1pm 7A Crescent Road, Eumundi

3pm 36A Bulcock Street, Caloundra

5pm 2/57 Hastings Street, Noosa Heads

 

Sat 19th

9am 175 Paddy Mellon Drive, Belli Park

10am 12 Wild Apple Court, Noosa Heads

11am 4 ‘Hemingway Villas’ Russell Street, Noosaville

12pm 32 Mermaid Quay,  Noosa Waters

1pm 67 Orient Drive, Sunrise Beach

2pm SOLD PRIOR – 35 Moonbeam Crescent, Castaways Beach

3pm 43 Coolum Terrace, Coolum Beach

4pm 1/56 Ferguson Street, Sunshine Beach

5pm 2 Topsails Place, Noosa Waters

Gordon Macdonald, founder of The Auction Group, has been calling auctions on the Coast for more than a decade after an earlier career in real estate sales. His weekly auction wrap-up for sunshinecoastnews.com.au each Monday will be compulsory reading for anyone interested in the hottest sales and latest tales from the property frontline.

STAY TUNED to sunshinecoastnews.com.au and we will keep you up to date with the latest property news.

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