Note
Noosa Heads real estate prices have seen a 1.5% reduction in the past year, hovering just below $2,000,000. This slight decline, about 10% since the peak in September 2022, reflects a cautious market. Apartments, on the other hand, have experienced slower but steady growth, with a 42.4% increase in the past 12 months, although sustainability is questioned.
Several factors, including lower occupancy rates, tighter discretionary spending, and changing travel patterns, may influence the market’s trajectory. Proximity to Hastings Street and Main Beach remains a key driver of demand and price resilience.
As we move forward, the property market stands at a crossroads, with potential scenarios that could shape its future. While economic uncertainties persist, the property market remains evenly poised. We welcome open conversations with you to discuss the evolving market landscape.