(07) 5447 7000
The market has continued to remain active, we don’t see upward movement in prices and turnover but the average sale price is increasing and that’s a healthy outcome.
We credit our success to being a large team with a 50/50 emphasis on print and web based marketing, and hinterland realty marketing that’s sensibly targeted to the demographics. This means we save the sellers money and improve the effectiveness of the marketing message.
The recent rain has helped our cause, properties are presented clean and green.
We’re experiencing good visitations to our open houses leading up to our next Auctions in-rooms on the 12th December 2012. We also have sellers expressing interest in putting their properties to the subsequent Auction which will be Wednesday February 6th in-rooms at Cooroy.
Our marketing to those people in the resource areas of the Surat and Bowen Basin has paid dividends and we have workers from those regions who are now going to call the Noosa hinterland home.
On Saturday 10th November we offered 9 properties open for inspection with a total of 38 groups through the doors.
The current hinterland property market is active, 23 sales in September, 12 in October & over $8.5 million worth of sales in November to date.
It’s obvious that the 3 ‘P’s are essential to sell property in this market, that’s price, presentation and promotion. It’s my view that you can’t never pay too much attention to presentation.
In November there has again been a trend towards people buying more expensive properties, hence we anticipate that the average price at hinternoosa will perhaps rise beyond $600,000 this month. Unfortunately this doesn’t indicate an increase in property values, but rather it does to demonstrate hinterland property consumers are seeking out more expensive properties.
image credit: http://www.flickr.com/photos/leebailey/8119909017/
Last Saturday Sept 29th hinternoosa had 14 open houses and two on site Auctions: a total of 57 groups visited the opens and Property Auctions.
This is in a month where we doubled the previous month’s sales turnover, making over 24 sales for September.
Upcoming Auctions: are prices rising?
We have good interest in the 8 properties going under the hammer in rooms Cooroy on Oct 10th, with one of those having sold prior!
Since we felt the aftermath of the GFC hinternoosa’s average sale price has been languishing around $500,000. In recent months there has been a trend towards people buying more expensive properties, hence we anticipate that the average price at hinternoosa will perhaps rise towards $600,000 as a result.
Unfortunately this doesn’t indicate an increase in property values but it does to demonstrate that hinterland property consumers are seeking out more expensive properties.
And now that it has rained the hinterland is looking cleaner and greener than ever, so summer 2012 is looking to be a marked improvement on 2011 in the real estate market!
Eumundi ‘Dragons’ Junior Rugby Union Club
The Coast hinterland offers many opportunities for your children to become involved in sports. We at hinternoosa are the proud sponsors of the Eumundi Dragons Junior Rugby Club Union.
Is you child showing interest in being a member of the club in 2013?
The club, which is based at the Eumudi Showgrounds (just on the northern side of town - on the way to the Bruce Highway ) was formed five years ago and prides itself on providing a friendly and safe environment where the game of Rugby can be enjoyed by all members of the family, either as players, coaches / officials or as interested spectators / supporters.
The club caters for all levels of ability. They welcome all, from those with a long history of involvement in the game to complete novices.
Head to their website for all the up-to-date details. http://www.eumundidragons.rugbynet.com.au/
The Reserve Bank has decided to keep interest rates on hold at 3.5 per cent today.
The move comes after recent revelations that inflation is in check, and just as struggling sectors of the economy, including the property and the retail industries, have begun to show positive signs.
“Given we have had rate cuts of 1.25 per cent in less than 12 months, today’s decision isn’t unexpected,” says hinternoosa principal Murray Brown.
“Many expected the Reserve Bank would wait and see today as the previous rate cuts finally seem to be having an effect.”
Recent data on home prices around the nation showed small price rises in some major capital cities, including Sydney.
“While the real estate market remains patchy, there are signs (20 sales in June-July at hinternoosa) of a promising spring selling season in the Noosa hinterland,” says Murray.
Since November last year, rates have fallen 1.25 per cent, from 4.75 per cent.
Tourism jobs got a shot in the arm with the start of scheduled flights to New Zealand through the Sunshine Coast Airport. I was delighted to help open the airport terminal upgrade with Mayor Mark Jamieson and mark this special occasion.
Now let’s spread the word. The exciting bonus to these flights is that they can connect to North America and other destinations through New Zealand and return.
The new terminal opens the way to further develop relationships with world tourism and business markets which is great news for our tourism industry.
m. 0419 491 395
p. 07 5447 7000
From 10 July 2012 the Queensland Government Solar Bonus Scheme feed-in tariff will change from 44 cents per kilowatt hour to 8 cents per kilowatt for all new customers.
Existing Scheme customers will continue to receive 44 cents per kilowatt hour for energy exported to the electricity grid, provided they maintain their eligibility for the Scheme.
Prospective customers wishing to access the 44 cent feed-in tariff rate have until midnight on 9 July 2012 to lodge an application with their electricity distributor. The distributor will consider all applications against Scheme eligibility criteria and their technical safety and quality requirements.
The 8 cent tariff will begin on 10 July 2012 and be reviewed by 1 July 2013. It is scheduled to end 1 July 2014.
For more info on noosa hinterland solar see http://www.hinternoosa.com.au/about-us&view=hinternoosa-goes-green
Great news, the reinstatement of stamp duty concessions on the principal place of residence and the removal of sustainability declarations was passed by the Queensland parliament last night.
The Treasury and Other Legislation Amendment Bill 2012, which will see Queenslanders save up to $7,000 in stamp duty on the purchase of an average family home, will come into effect from 1st July.
The bill will also result in sustainability declarations being removed from the selling process in upcoming weeks.
We have confidence that this will stimulate the hinterland market even more, along with the additional interest rate cuts.
m. 0419 491 395