An Australian shire, Noosa covers an area of approximately 870 square kilometres and is located around 150 kilometres north of Brisbane. It sits along Queensland’s Sunshine Coast and is bordered by the Pacific Ocean. Within the shire there are leafy national parks, protected state forests, and farmland, as well as the iconic white sandy beaches and clear, blue seas. Uniquely, Noosa is also home to one of only two everglades systems on the planet, with the other being located in Florida, USA.
Most of the population of Noosa live along the coastline, in or around the continuous suburban area of Noosa Heads, Noosaville, and Tewantin. Within this area there are public and private schools for the children, a range of medical practices and a private hospital. Higher education facilities and specialist medical attention can be found about half an hours drive south, between Nambour and Sippy Downs. In terms of shopping, there are a range of major chains within the region, as well as smaller, locally owned and speciality businesses. Moving out from the towns, there are rural properties that attract those looking for a larger piece of land.
Outdoor activities are where Noosa shines. Residents and visitors alike can enjoy a visit to one of the area’s many seaside locations, including Fairy Pools, Paradise Caves, Noosa Heads Beach and Alexandria Bay. Heading inland, there’s the Noosa River, Noosa Marina, Noosa Everglades and Ringtail Forest Reserve. For the golfers there’s a number of courses in the shire, while others may enjoy joining a local sports club or visiting the Noosa Aquatic Centre.
Luke and Julian each have over 20 years of property investment experience.
The laid back feel, beachy lifestyle and natural beauty of the area have contributed to Noosa becoming a popular regional destination for tourists and prospective residents alike. Homes and apartments near the coast tend to be priced at the higher end of the scale, with the median property price in Noosa Head generally sitting at over $1 million. With the right guidance, there’s the potential to invest in another part of Noosa that could achieve similar prices in future.
While the property prices in some areas of Noosa may be high, the Australian Bureau of Statistics indicates there is a mixture of demographics in the shire. There are a higher number of hospitality and services workers living in the area than average, and the median weekly income has traditionally been lower than the rest of the country. Most people living there own their home, with the number of rented properties being limited when compared to other parts of Queensland. This suggests that there is a general desire from new residents to buy, as well as competition among tenants seeking to find a rental property.
In terms of home size and type, the Noosa property market is largely separate houses with a limited number of flats or apartments having been built. Most homes have three or four bedrooms, making them perfect for families or rentable holiday homes. Block size varies immensely depending on whether the property is in town or in a more rural area.
Noosa offers some interesting prospective investment opportunities, but knowing exactly where, when and how to invest can be a daunting task, especially if you’re alone. This is where an experienced buyer’s agent can make a huge difference. Our advocates at Search Party Property have the knowledge and expertise to evaluate your financial goals and help you find options that meet your needs.
Throughout the process you can feel secure knowing that the Search Party Property’s buyer’s advocate you’ve partnered with is focused on your goals and best interests. You can talk about tactics and design a plan to maximise profits, that includes provisions for the best way to handle any problems that might arise. They will also help you negotiate with the sellers, aiming to get the best value for your money.
When you take into account the benefits a buyer’s agent can provide for you and your finances, it makes sense to have one on your side. Contact Search Party Property to help you find viable opportunities to grow your real estate portfolio by investing in Noosa.