Suburb spotlight on: Noosaville

Where 460 properties sold in the last 12 months.

As one of Australia’s most popular holiday and retirement destinations, Noosaville has enjoyed a steady increase in property values over the years. So much so that PriceFinder shows the median house price now sitting at $900,000.

Let’s look at the top market share positions today. Belle Property and Richardson & Wrench share the top spot with 6 per cent market share. They’re followed closely by McGrath with 4 per cent. Century 21 and RE/MAX both sit on 2 per cent market share.

Noosaville not only appeals as a holiday destination, it suits investors with a more affordable median unit price of $416,000. Corelogic RP Data tells us that an average two bedroom unit could rent for $400 per week, giving savvy real estate businesses the opportunity to build a successful sales and property management operation.

The opportunity to open a business in the heart of Noosaville is with Ray White. If it’s an area of interest for you, we can help you build a competitive business. Talk to us today.

Andrew McCulloch | +614 7903 9440