As we hit over the midway mark of 2022 we thought it would be a good time to look back at how the Noosa Real Estate market has performed.

It’s been a truly remarkable time in real estate history to look back at, both for Noosa Shire and for the greater Sunshine coast region.

The tension in the Noosa property market in 2021 was palpable and, if it wasn’t on anyone’s radar as one of the countries’ hottest property markets, it certainly is now.

The price records were rewritten daily, and the sense of urgency to secure blue chips has never been greater.

The sense of scarcity created by the speed at which properties were being sold shortened days on market meaning that there wasn’t enough inventory for buyers to purchase, so they bid up the prices.

Over the past five years, the main drivers that have supported a buoyant market have been tree-changer and sea-changers, positive migration, and house-buyers.

Since the COVID-19 pandemic, we now need to include financially capable families who move away from densely populated urban centers into the mix.

With the opportunity to “work from home” many families have grabbed the opportunity to sell up suburban life and make that sea change to a more family-friendly environment and where better than Noosa?

Also, the combination of strong demand from overseas buyers and limited availability of properties has created the strongest market conditions in Australia for the past three years.” To the latest Data from realestate.com Noosa home prices have risen a whopping 38.5% over the last 12 months, with the median sale price of a Noosa home now being $2,000,050.

Understanding the ever-changing market is our job at imsold Property and along with our 5-star rating on Google is why we are regarded locally as one of the best real estate agents in Noosa.

If you would like a free appraisal of your property please get in touch with our principal Andrew Johnson who has specialized in local residential and investment property marketing since 2004.