As the real estate industry traditionally gears up for the spring selling season, Noosa is marking a record apartment sale amidst a market challenged by limited stock and high demand in the popular tourist destination.
Klein Hunter Property Buyers, specialists in prestigious Noosa properties, has secured a three-bedroom apartment in Little Cove, set to settle next week.
The ocean-facing apartment, located on the edge of Noosa National Park, was on the market for just seven days before selling for $10 million.
“The exclusive and tightly held enclave in Noosa is highly sought after and highlights the value of working with a skilled buyer’s agent who can make all the difference in your search for the perfect property,” Kirstie Klein-Hunter said, founder and director of Klein Hunter Property Buyers.
“I knew the property would be coming onto the market and kept my client informed every step of the way so they could act swiftly.
“The property was listed on Friday afternoon, I inspected it on Saturday, the client viewed it on Monday, and their offer was submitted a few days later. Everything came together smoothly, and the client is thrilled with their purchase.”
Klein-Hunter noted that properties at the top end of the market, priced over $5 million, continue to perform well when accurately priced.
“While demand in Noosa remains strong, sellers need to be realistic with their pricing. There are properties that have been sitting on the market for months, which simply shouldn’t be the case. More often than not, if sellers get the price right from the start when launching a property for sale, they will get a better outcome overall,” she said.
“Often, early offers that get rejected end up being close to the final sale price. Sellers need to recognise that not all offers are ‘low-ball’ offers. Buyers are knowledgeable and understand the market value, while sellers are sometimes caught up in the emotional attachment to their property, which can work against them.
“At the moment, buyers are acting more cautiously and taking more time to complete transactions, but they’re still out there. I encourage sellers to do their own homework and be realistic and willing to negotiate in order to meet the market,” she said.
The Little Cove property is due to settle on 3 September.
