Hey big spender

PRINCIPAL Tom Offermann reports the auctions and marketing campaigns of Tom Offermann Real Estate produced a surge of sales during April, with contracts worth $20.2million.

Values varied dramatically, starting at the bottom range with $181,000 for a one-bedroom unit in Noosa Blue Resort just up the hill from Hastings Street. This was one of four units sold under the auction hammer for receivers, an example of property demonstrating incredible value, according to Tom.

"Our highest sale for the month was over $5.5m which is the record house price achieved in the Noosa area during the past two years," he said of the absolute beachfront property, which is part of the exclusive Beaches enclave at Sunrise Beach.

"We sold another house there last year for $5m and more recently a vacant allotment for $2.6m, which leaves one available lot remaining at $3m for just one fortunate buyer.

"The beachfront properties in Sunshine Beach and Sunrise Beach have always commanded huge interest and experienced phenomenal capital growth as stock levels are incredibly tight with only three properties to choose from, all of which are available exclusively through our office. Prices range from $3m to $14m."

Tom Offermann Real Estate achieved four of the five sales for the past year of beachfront properties. As a matter of interest it was a Maroochydore agent who handled the other.

Tom also acknowledged the waterfront home market picking up, with the past year's sales tally eclipsing the previous few years.

"In all, 37 waterfront homes were sold in Noosa Waters and 18 on Noosa Sound. We are pleased to say our team handled more sales than any of our competitors," he said.

"Average prices were $3.3m on Noosa Sound and $1.8m in Noosa Waters."

Duke Street in demand

HERE is an interesting property located on a popular street in a sought-after suburb.

Number 19 Duke Street, Sunshine Beach, offers a residential house on a duplex development site so the options are to live in as is, land bank or knock over and build two three-bedroom units.

All of this on 612sq m while being far enough away from traffic but close enough to stroll easily to the shops.

"These sellers decided to go straight to auction rather than waste time, money and energy," Rebecca Geldard, of Ray White Noosa Hastings Street, said.

Promoting the five-bedroom, two-level brick home alongside colleague Damien Styring, Rebecca tells me the vendors have been an absolute delight to work with in getting their home sold to enable a move to Bundaberg to be closer to family.

"We have presented offers to the vendors but because of the dual use of this parcel it is best to present by auction to encourage competitive bidding to show the true price level available in this current market," Rebecca said.

"With the auction process every active buyer has the same opportunity to show their hand whilst seeing exactly just what other interested parties are prepared to pay."

Being a large home, including a separate self-contained unit on the lower level, the property offers privacy and the land is 20% larger than other standard blocks in the immediate area.

Damien and Rebecca will be on hand today with the home open for inspection from 1pm to 1.30pm and tomorrow for 30 minutes before the auction gets under way.

Ray White Corporate auctioneer Justin Marsden will introduce this central Sunshine Beach residence on site tomorrow at 3pm.

Feathertail sells

ATTRACTING inquiry from investors and owner occupiers the auction of 11 Feathertail Court drew an attendance of 38 including five parties registering to bid with Narelle Leis and Trevor Elliott, of Ray White.

Under instruction from the mortgagee, the three-bedroom Tewantin home is in excellent condition with absolutely no money needed to be spent before the new owner moves in.

Last Saturday was the first time the property was offered to the market and auctioneer Michael Hughes accepted the opening bid of $280,000.

And so it continued with four of those registered proffering an offer to purchase the home.

In the end a young man who had just returned from Afghanistan made the winning bid, which soon ensured his name was printed on the contract.

Knowing the area well as he has family in Doonan the successful buyer inspected just one week prior to auction.

Entry-level buying

OCEAN views at entry-level buying is how Robbie Neller, of Dowling & Neylan, describes 343 David Low Way, Peregian Beach.

Being auctioned tomorrow this two-bedroom beach house offers ocean views to the east, Lake Weyba views to the west and backs on to the national park.

Sitting on 729sq m and just a 200m walk to the beach the sellers built this home 15 years ago and now they are keen to do it again.

Loving the area as they do they will build in the immediate vicinity.

"This residence offers an excellent opportunity to secure one of the best slices of real estate in the area" Robbie described of the funky beach house.

"The open homes started off slowly but have really picked up as we head towards auction day.

"This home welcomes everyone with a lovely feel but I strongly recommend renovators and Brisbane holiday buyers inspect."

Auctioneer Michael Hughes will introduce the two-bedroom, one-bathroom residence on site tomorrow at 1pm.

In the selling zone

JAMES Grant, of Noosa Beach Real Estate, has conducted about 250 auctions so when he says he has a good one he's likely to be right.

Tomorrow James will introduce 156 Shorehaven Drive, a three-bedroom, three-bathroom, one-level Noosa Waters home with office.

This Greg Witt home was built 14 years ago. These vendors bought it through James in 2008 and since then they have spent about $75,000 on modernising the property.

Complete with a low-maintenance pool and new carpets and fittings, the home has appealed to a good number of active serious buyers attracted by Domain Noosa advertising.

Located 800m to Noosa Village shopping centre the home is light and bright with a very attractive décor, offering great family living.

Already purchasing land in Doonan to build their next dream home James anticipates the owners will set a reserve well within the selling zone when he looks for bids tomorrow at 11.30am on site.

Beach-side option

MORE than a dozen people attended the auction of 30 Callitris Crescent, Marcus Beach, on Saturday, May 19, at the conclusion of a well-run campaign by Kristy Simi, of Professionals Noosa.

Gordon MacDonald, of Jason Andrew Auctioneers, endeavoured to work and encourage offers from the two interested parties who had registered to bid.

Held in the front yard of the beach house just 100m to direct beach access, Gordon soon had no choice but to pass the property in on a vendor's bid of $400,000 leaving Kristy to continue discussions with conditional and unconditional buyers.

Selling a home in need of some TLC just up the road recently for $560,000, Kristy has been busy promoting this home of 25 years, which has already undergone three extensions and a modernisation.

For all the results, details and comprehensive coverage of auctions, or for more on property, pick up your copy of Domain free in Friday's Noosa News, or in Saturday's Sunshine Coast Daily.

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