Property Sales Glisten in Winter Sun – June 19, 2023
Another huge month for the team at Tom Offermann Real Estate, experiencing big attendances at auctions and several price records broken. At 6 Pelican Street Peregian Beach the crowd flowed out onto the street of the 1960’s beachside cottage, 10 registered bidders were equally excited however it was ultimately sold under the hammer to a Brisbane couple for $2.55m. Nine buyers with similar budgets remain and are ready to buy with our agents busily searching for new listings.
This strong interest in Peregian Beach is reflective of a significant surge in activity along Noosa’s eastern beaches with a number of sales above $5m, including $7.5m for 51 Tristania Drive Marcus Beach, a new record. Authentic unspoiled beachside living is definitely in vogue.
One of just a few vacant allotments in Little Cove, at 11 Little Cove Road, near the entrance to the Noosa National Park, went to auction but surprisingly failed to reach the reserve price. It sold soon afterwards in the $5m range to one of Noosa’s most respected home builders, so register your interest for a spectacular residence which is expected to be completed in 2024.
A new record for Noosaville homes was also established this month, and details are under wraps at the request of the parties until settlement. At the auction of a 4-bedroom house at 7 Honey Myrtle Road Noosa Heads just 3km from Noosa Main Beach, there was intense bidding before finally selling for $3.5m. This was a new record for Elysium Estate Noosa.
Sales generally reflect a very positive market, however the aggregate sales across the Noosa Shire reflect a very different story. Settled sales in March were $169m, $155m in April and $72m in May. The corresponding May totals last year were almost triple at $202 million.
So, what does all this mean and how healthy is the market?
Post boxes and media are filled with conflicting reports, and deciphering is understandably difficult. Statistics show these reports are based on figures from about six months ago. That is the time it takes for a property to be listed, sold, settled, and to make its way into public records. Rear view data is not useful for making future decisions.
To really know what is going on, it is best to have advice based on forward looking data and focus on the precise attributes and locality of the individual property. It really is invaluable knowing the up-to-date trends, and more importantly, what lies ahead over the next three to six months before deciding to stay or move.
That’s where we step in. With more than 20 agents who are totally in touch with owners on a daily basis and in a position to have the clearest understanding of what listings are coming to market and at what price. Knowing the depth of buyers and the potential competition three to six months ahead is vital before making any decisions, so if you are thinking of selling, why not take advantage of our specialised advice, accurately tailored to a specific property.
Exceptional Properties
It’s been home to the same family for 36 years, and now it is time to hand over the baton of ownership on one of the most exceptional beachfront properties on the Eastern Seaboard. The Architect designed 5 bedroom home is perfectly private with direct access onto the beach. Available by private auction on 5th July.
Looking for an entry level waterfront home, a must-see is a 5-bedroom 3-bathrooms at 41 Dolphin Crescent, Noosaville? Savour the idea of sun, sea, sand and living on a waterway with a tidal beach next to a park on Hideaway Island for $5.5m. That is less than half the price of others sold in the same street.
If a riverside estate on 1.5ha is more your style, check out 289 Moorindil Street Tewantin. At $4.25m it’s irreplaceable for this price. Commanding the most spectacular presence with a 150m Noosa River reserve frontage, leeside of Sheep Island nature reserve and Richard Branson’s world-famous Makepeace Island, is a highly desirable epic estate and private quintessential Noosa River hideaway with 4-bedrooms, 5-bathrooms, 6-garages, and room for the helicopter to land.
Noosa Concours d’Elegance 14 to 16 July 2023
Tom Offermann Real Estate is thrilled to be a presenting partner of Concours d’Elegance, considered the most prestigious car show in the world. Seventy Concours vehicles such as an exquisite 1911 Benz purportedly delivered in Australia to General Sir John Monash the military commander of the First World War; a Mercedes Benz Gullwing; Bugatti Veyron; the multiple Concours winning one-of-a kind in Australia – the historic Ferrari Dino; and so many more, will be given a police escort from Noosa Junction before taking up their display positions on beautiful Hastings Street. It will be opened by guest of honour Sandra Button, the President of Pebble Beach Concours d’Elegance.
Full details visit: https://noosaconcours.com.au/
Stay Property-Wise
Would an appraisal with the most relevant up-to-date property data assist you with future planning? Give us a call. For more prestige sales and property news, visit www.offermann.com.au/news
Tom Offermann
Sales Snapshot
51 Tristania Drive, Marcus Beach
6 Bed 6 Bath 3 Car
Purchased $7.5M
6 Key Court, Noosa Sound
3 Bed 1 Bath
Purchased $3.05M
1 Shorehaven Drive, Noosa Waters
4 Bed 3 Bath 2 Car
Purchased $3.65M
11 Little Cove Road, Noosa Heads
Vacant Land
Purchased $5M+
6 Pelican Street, Peregian Beach
3 Bed 2 Bath 1 Car
Purchased $2.55M
Unit 4 The Emerald, Noosa Heads
3 Bed 3 Bath 1 Car
Purchased $3M