03 Jul 12
NOOSA is the premium resort town on the east coast of Australia. It is one of only a few significant north-facing beaches in Australia, some of the others being, Palm Beach on Sydney's North Shore, Binnalong Bay and Byron Bay.
When investing in property it's best to see where the bottom of the property cycle is and pick the start of a rise. In Noosa it seems the smart money is buying, in every sector, including the top end properties.
Agents say it is the equivalent to the 1994-'95 market which was flat for a period then rose due to pent-up demand.
Noosa has the advantage of a short supply of land and the desirability of living in such a sought-after destination. Lifestyle, healthy environment, is the benefits that have not changed. It's a very appealing place.
Two exciting new opportunities which will directly become economic drivers for the future of the Sunshine Coast have emerged in 2012.
The recent, that Air New Zealand has commenced direct flight from Auckland to the Sunshine Coast will undoubtedly result in increased business activity and stimulus to the property market.
The Sunshine Coast Airport will also enjoy fly-in, fly-out trips to the heart of the mining areas. These two initiatives will encourage more buyers to take advantage of the best value seen in the Noosa property market in the past decade.
Seller and buyer profiles have changed just as significantly as the marketplace in that time. Sellers in today's market are accepting of where market prices sit and realise they can move on if they meet the market.
The purchasers of high-end property tend to be young professionals, working nationally or internationally or overseas investors who can secure a luxury residence at a fraction of prices previously paid. Have a look at our web site www.lagunarealestate.com.au to see the great properties on offer or contact one of our experienced agents to discuss your potential new property investment.
At the heart of it is the fact that Noosa is unique in that it has the holiday resort feel all year round.
Till next week
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