Contrary to the cooling weather, the Noosa property market is set to go from warm to hot.
This is with the Federal election behind us, and a second interest rate drop making borrowing more affordable.
Every interest rate down cycle since the 1980s was followed by substantial rises in real estate values, and Noosa real estate principal Tom Offermann is sure this one will not be an exception.
“It’s quite simple – buyers have the capacity to borrow more, and also the interest earned on money in the bank will decline, encouraging some investors to shift their cash into real estate.”
There was pertinent evidence in the latest auction results with numerous properties sold prior.
Tom Offermann Real Estate marketing agent Eliza Coppin was ecstatic with the outcome of waterfront townhouse 8 Driftwood, 9 Barbados Cres, Noosaville. It attracted enormous interest during the campaign, three registered bidders and a large crowd on auction day.
It was sold under the hammer for $4m to a Brisbane couple who spent many holidays there whilst growing up. It was a new sale record for the Driftwood.
CAPE COD-STYLE HOME MUCH ADMIRED
Tom Offermann Real Estate marketing agent Rebekah Offermann’s listing of 4 Ernest St, Tewantin, enjoyed a really positive and busy campaign.
The property was purchased five years ago and the renovations managed to uphold the Cape Cod-style charm with the addition of luxuriously renovated bathrooms, kitchen and numerous refreshing appointments.
A buyer who loved the home so much decided it had to be theirs, prior to auction.
Rebekah continued on a winning streak with another sale prior to the auction – that of 2/19 Ann St, Noosaville.
It was billed as a sure-fire, one-of-a kind investment opportunity – a free-standing, three-bedroom townhome with a pool, set in a private enclave of just two, located in the cosmopolitan heart of Noosaville.
Dreams did come true for the excited buyers who look forward to walking with their surf skis down to the Noosa River.
There was strong but swift bidding at 16 Noosa Pacific Riverfront Resort, 24 Munna Cres, Noosaville, with Rebekah Offermann.
The two-bedroom, two-bathroom riverfront townhome sold for $2.525m and the successful interstate buyer is looking forward to warm winters in their sunny north position.
LAST LOT OF LAND
The last remaining vacant allotment in the coveted, quiet Sunrise Beach cul-de-sac of Captains Ct was listed by Tom Offermann Real Estate’s Cameron Urquhart.
With coastal and ocean views, and mere minutes via a reserve and pathway to the sand and popular surf breaks., the 750sq m block at No.6 attracted two registered bidders.
And there was applause aplenty from the crowd when it sold under the hammer for $1.8m to an excited young family.
RECORD PRICE IN PEPPERS
Further success at Peppers Resort for Tom Offermann Real Estate marketing agent Chris Miller with 7404/5 Morwong Dve, Noosa Heads, sold at auction $915,000.
The sale price yet again sets a new price record for one-bedroom apartments in the complex.
The Brisbane-based buyers, who were taken by the top-floor position and the private rainforest outlook, are naturally thrilled.
And there’s no holding back Chris back with another sale, this time prior to the auction of 21 Coco Bay Resort, 287-291 Weyba Rd, Noosaville.
“The property went under contract after multiple offers were put forward by eager and quick-acting prospective buyers,” Chris said.
AWARD-WINNER GOES TO MARKET
Blackwood, an architect-designed five-bedroom, six-bathroom, five-car house, pool, on 7635sq m, at 134 Valley Rd, Doonan, goes to auction Saturday, 31 May, at 2pm.
Winner of the Australian HIA House of the Year, it was designed by award-winning Sarah Waller Architecture as a statement of sleek intrigue.
The sprawling pavilion-style residence ignites a sense of wonder. Wrapped in a robust façade, this contrasts with soothing interiors and lush golf course views.
A seamless indoor-outdoor connection is also celebrated, while the gourmet kitchen and superior alfresco entertaining amenities.
The home features Italian Terrazzo finishes and oak flooring while the kitchen comes with butler’s pantry, superior appliances and commercial refrigeration wall.
The dining area and sunken lounge both flow onto alfresco entertaining terraces.
There is a 21m Oxyswim freshwater pool and five ensuite bedrooms including a separately accessed, self-contained studio.
Fully air-conditioned, with Sonos sound system and back-to-base alarm, the house features an oversized garage for five cars, one external car park plus a three-bay shed.
MODERN COASTAL LIVING
Perched on an elevated, private rise with a glorious westerly outlook, a recently renovated house at Sunrise Beach is a sanctuary of sophistication.
Mark Hodgkinson and Chris Roche at Reed & Co are taking the five-bedroom, three-bathroom, three-car house at 18 Boxsell Rise to auction Wednesday, 4 June, at 1pm.
“People really like this property,” Mark said. “It has been very well received.
“A stand-out is how the open-plan kitchen, living and dining areas flow to the outdoor dining, pool and yard.
“They also love the self-contained area downstairs.”
Inside, there is a near-seamless interplay of light, space and bespoke finishes.
The designer kitchen features premium Neff appliances – including an induction cooktop, dual ovens, integrated fridges, and dishwasher. They are complemented by a spacious butler’s pantry.
Designed with versatility in mind, there are four spacious bedrooms – three with custom walk-in robes – alongside a private, fully self-contained studio with its own ensuite. With hot and cold outdoor shower, this offers guest accommodation or a work-from-home retreat.
Outdoors, there is a heated sparkling resort-style pool with a Naked filtration system, an expansive flat lawn, and a powder room – all framed by lush landscaping and coastal breezes.
In an elevated position, the house catches hinterland sunsets and cooling breezes.
Solar panels, zoned ducted heating and cooling, and ceiling fans are fitted throughout.
A double garage has an integrated workshop, gym, or storage zone while there is additional secure parking for caravan, boat, or trailer.
It is a 700-metre stroll to the ocean beach as well as being close to schools and local shops.
RELAXED LIVING OPTION
A three-bedroom, two-bathroom villa with single carport at Tewantin is part of the Noosa Glades complex and provides for a relaxed lifestyle or investment opportunity.
Roger Omdahl at Laguna Real Estate is taking the property at 8/159 Moorindil St to auction in-rooms at the agency’s Tewantin office at 1pm on Saturday, 7 June.
It has wide appeal, Roger said, being low maintenance and located on the way to the Noosa River ferry.
The villa is freehold but there is a body corporate to cover the Noosa Glades facilities – resort-style pool, barbecue, pavilion, tennis court and common property.
The body corp fee is attractive, especially when compared to apartment blocks.
Locals have been the first to inspect at early open homes, Roger said, but he is getting out-of-town enquiry as well.
The villa, with a private north-facing rear deck, backs onto bushland. It features an air-conditioned, open-plan living, dining and kitchen layout as well as having a solar electricity system.
There is a wide front porch, well-presented interior, and large main bedroom with ensuite and walk-in wardrobe.
Two guest bedrooms come with built-in wardrobes while the main bathroom has a bath plus separate shower.
There is a separate internal laundry that opens to the side yard with steel garden shed. Security screens are on all doors and pets are allowed on body corporate approval.
AUCTION ACTION
FRIDAY, 30 May
Coolum Beach
47 Pacific Tce: 4bed, 4bath, 2car house, pool on 1072sq m, 12pm, Rebekah Offermann 0413 044 241 and Zoe Cooke 0428 329 291 Tom Offermann Real Estate
SATURDAY, 31 May
Doonan
6 Silvertop Rd: 3bed, 3bath, 4car house, pool, dam, on 5246sq m, 12pm, Beau Lamshed 0402 699 303 Tom Offermann Real Estate
Doonan
134 Valley Rd: Blackwood: Architect-designed 5bed, 6bath, 5car house, pool, on 7635sq m, 2pm, Richard Bowen 0401 734 586 Queensland Sotheby’s International Realty
Tewantin
5 Goodchap St: 4bed, 2bath, 2car house on 1004sq m, 11am, Warren Evans, 0428 711 163 Laguna Real Estate
WEDNESDAY, 4 June
Sunrise Beach
18 Boxsell Rise: 5bed, 3bath, 3car house, 1pm, Mark Hodgkinson 0409 484 159 Chris Roche 0424 610 414 Reed & Co.
