Note
In the world of waterfront luxury, a rare calm prevails as estate owners assess the market. Sales hit an unprecedented low with only 16 waterfront homes changing hands in the 22/23 financial year. Despite this, median and average prices continue their ascent, up 16% and 13% respectively, driven by the scarcity of exceptional properties and unwavering demand. The median house price along these prestigious waterways now stands at a remarkable $5,297,000. In Noosa Waters and neighboring enclaves, demand for non-waterfront homes remains steady, with a median sale price of $1,950,000 and a modest 2% growth over the past year. While recent transactions show a dip in supply, 14 distinguished homes currently grace the market, ranging from $1,000,550 to $2,000,700, attesting to the enduring allure of waterfront luxury.
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