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Who’s got top market share?
Peaceful, pretty Noosaville is a suburb to watch. Touted as one of Queensland's most affordable growth suburbs, the area presents an ideal investment opportunity for out-of-towners looking for a holiday home. The inexpensive waterside lifestyle is also increasingly attractive to first-time buyers. Adjacent to national parks and the beautiful Noosa River, Noosaville is home to popular cafes, restaurants and boutique shops. A new sales office could capitalise on this opportunity for a growing market.
Let’s look at the market share in the area. Dowling & Neylan Real Estate has the highest market share at 11%, followed by Tom Offermann Real Estate Hastings Street at 9.3%. One Agency Noosa rounds out the top three with 6.6%.
The suburb is populated predominantly by elderly singles and couples, who make up around 47% of residents with an average age of 60+. CoreLogic Data tells us that Noosaville currently has an average house price of $940K with the median rent sitting at $580 per week. It’s a high demand area - online visits per property are at 605, while the QLD average sits at 368 visits.
Noosaville is all about lifestyle, ideally positioned close to sea, sand and river. While still affordable, Noosaville is attractive for downsizers, families and holiday lets. The neighbourhood represents a lucrative opportunity for growth for a talented sales team. If it’s an area of interest for you, we can help you build a competitive business. Talk to us today.
