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Buderim 6 Figure Sales

Jul 16, 2018 Ann Lindner Comments ((Disabled))

A seven bedroom, seven bathroom acreage home with ocean views has just been listed in Buderim for $2.395 million.The price tag of the 7A Box Street property is not unusual in Buderim, with a number of sales recorded over $1 million so far in 2018.

10 Barralong Court sold 13 June $1,025,000

38 Gossamer Drive sold 1 June $2,435,000

1/16 Lavarack Crescent sold 28 April $1,075,000

7A Clithero Ave sold 12 April $ 1,400,000

15 Foote Ridge sold 8 April $1,660,000

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Property Market Activity 2017

Feb 14, 2017 Ann Lindner Comments ((Disabled))

Residential-

In short the local market is booming HOWEVER only in some suburbs. In the past two weeks we have spoken with a number of selling agent with one Buderim agent reporting a Saturday of three open homes with all selling under multiple offer situations, one over the list price.

Similar story in the Kawana Waters coast strip West of Nicklin Way. Due to a severe shortage of quality listings one agent was inundated with 5 offers on the first open home at Warana after hitting the internet at 3pm the previous day. The property was an original beach brick home 3 bed, 2 bath 2 garage two streets back from the beach listed at $610,000+.

Commercial –

The $20 million Bli Bli village Centre development is expected to finish mid year, 50% of the centre has already been leased.

The demand for office space has been quantified within the Property Councils latest Office Market Report. The report shows during 2016 the vacancy rate on the Sunshine Coast fell from 9.2% to 6.9%. Not surprisingly the Sunshine Coast has the lowest vacancy rate in Qld, with Brisbane CBD 15.3% and Gold Coast at 12.2%.

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