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HomeProperty NewsAuctions remain most effective

Auctions remain most effective

Contrary to the wider media commentary about softening markets, it is definitely not the case in regional areas – particularly in Noosa and environs.

Noosa real estate agency principal Tom Offermann said property owners appeared comfortable with their holdings with comments such as ‘where would we go to if we sell?’

“In the absence of an oversupply of listings, Noosa property will remain resilient in the medium term, and long term it will always be one of the most prosperous places to own real estate,’’ Tom said.

“Auctions remain the most effective method of sale, no matter what the market conditions are like, offering benefits over private treaty such as faster unconditional sales with better prices achieved by having a deadline and buyers competing to win.”

Testament to the power of auctions, which has become accepted as an integral part of property ownership, was evident most recently at Eric Seetoo’s listing 11 Smoke Bush Dve, a family home in Noosa Heads, which sold post auction for $1.35m; Jesse Stowers’ listing of riverfront apartment 4/Las Rias at 8 Quamby Pl, Noosa Heads, sold for $4.1m; also in the same street was Eric Seetoo’s listing of 13/Noosa Shores selling for $1.575m.

The beautifully revamped apartment 13/Noosa Pacific with the scene-stealing location of 24 Munna Cres, Noosaville, listed by Eliza Coppin and Richard Locke, realised $2.55m; and 5 Parkedge Rd, Sunshine Beach, a Gabriel Poole designed masterpiece listed by Roark Walsh and Tiffany Wilson, achieved $3.7m. 

Look out for the Tom Offermann Real Estate Spring Super Auction Weekend, on Saturday 24 and Sunday 25 September.

“The properties on offer will be hotly contested as the number of available properties remains very limited,” Tom said, “and with a backlog of buyers becoming impatient there’s little doubt there will be a lot of competition for these.”

IT’S ALL ABOUT THE VIEWS

It’s a spacious home with beautiful coastal views and a renovation that has been tastefully done.

Tracy Russell of Tom Offermann Real Estate is taking the three-bedroom, three-bathroom, two-car beachside apartment at 1/22 Avocet Pde, Peregian Beach, to auction at 9am Saturday, September 3.

There are classic beach house design attributes, such as a curved roof line, raked ceilings, corrugated façade, timber floors, and a massive timber terrace which wraps two sides.

“This is a very comfortable home,’’ Tracy said, “with 180-degree ocean views.

“It’s elevated to catch the breezes and about 200metres to beach access 52.

“The are deck blinds to control the weather, air-conditioning, and a courtyard at the back that is very useable.

“The home is in good condition but it’s all about the views … and the size.’’

The open homes have been very busy open, mainly Brisbane people looking to invest with a view to retire. There is Sydney interest as well looking at the long term.

“The campaign is getting a lot of momentum,’’ Tracy said, “with locals looking at it instead of a house.

“Being a duplex there is minimal body corporate. People love that.

“There is a shared pool in the north-east corner, a built-in barbecue on the balcony and lots of storage underneath.’’

The house features over-sized spaces for one family or two over two levels.

The spacious main bedroom suite is on the upper level as well as a second bedroom that offers direct access to the back courtyard.

The fully renovated family sized bathroom with bath is situated in a convenient location upstairs.

Sliding doors open from the living and dining areas to the deck and those ocean views.

The kitchen has a marble island/breakfast bar while there is a well-equipped built-in outdoor kitchen with Weber, sink and wine fridge.

Downstairs there is large third bedroom with ensuite and a comfortable second living area.

There are solar panels, gas hot water, the lock-up garage has wall-to-wall storage cupboards, and there is a large workshop. 

LIGHT, BRIGHT AND COMFORTABLE

Tracy Russell also has a four-bedroom, two-bathroom, two-car house with pool at 40 Parakeet Cres, Peregian Beach, on the market.

Listed at $1.795m, it has been a lovely family home over a number of years, Tracy said.

“It’s been nicely maintained, on a single level, and with grounds that are easy to maintain.

“It’s not overly big … a great size.

“This would be perfect to retire to.

“There is a beautiful frangipani tree and nice lawn area.’’

Lime-washed-look flooring flows throughout the entertaining, living and dining areas to a covered timber

terrace, pool and cabana.

The house is air-conditioned and features an L-shaped kitchen with island bench, king-size main bedroom suite with walk-in robe and

ensuite.

The remaining three bedrooms share a contemporary bathroom with a free-standing bathtub.

Another property to look out for is a four-bedroom, two-bathroom, two-car house with pool at Castaways Beach that is going to be auctioned on September 24.

“It’s a great family home,’’ Tracy said, “with wrap-around balconies, a great play area for kids and an entertainment area with fire pit.

“It’s on a big, private allotment with side access for a boat or caravan, and a short walk to the beach.’’

DREAM REALISED

There has been an incredible response to the five-bedroom, three-bathroom house at 27 Robert St, Noosaville, due for auction on Sunday, September 21.

Dean McLure at The McLure Group said the single-level house with pool has gone to contract prior to auction day.

“There was strong interstate interest from Melbourne and South Australia, Brisbane as well.

“We managed to reach 34 parties from an open for inspection.

“The front runners were from Melbourne. They saw it as their dream home and expressed interest straight away.’’

Dean said the present market needed the strongest method of sale and offers.

“Banks are becoming conservative with their finance.

“It’s not about attracting 20 buyers but creating competition.

“The auction process gives everyone certainty.’’

Dean now has a three-bedroom house in Shorehaven Dve, Noosa Waters, coming to the market and there is already interest in that.

RAYS OF SUNSHINE

People want good position and a great product at a realistic price to today’s market.

That’s why Kathy Wise at Sunshine Beach Real Estate has been achieving some great results.

The two-bedroom, one-bathroom apartment at 3/9 Henderson St, Sunshine Beach, attracted two registered bidders for the auction on Saturday, with others in the wings and a conditional contract waiting.

“We are really happy with the result,’’ Kathy said.

“The buyers are from Brisbane – the family used to own a house in Seaview Tce in the ’70s.

“It was a great auction … a coming home for them.’’

A two-bedroom, two-bathroom, one-car beachside apartment 4/2 Park Cres, Sunshine Beach, has also sold following multiple offers.

Kathy said the north-facing apartment in the Parkshores building saw offers from Melbourne, Adelaide and locals but it was Phillip Island interest that won out.

An end apartment at street level was 50-metres to the sand and surf, with no roads to cross.

Another beachside apartment on the books is 1/1 Crank St, Sunshine Beach, that looks straight across the park to the surf club.

“You can see the waves breaking from here,’’ Kathy said.

The three-bedroom, two-bathroom, one-car apartment is available by negotiation.

CONTEMPORARY HOME FOR THE FAMILY

Jesse Stowers at Tom Offermann Real Estate has listed a great family home at 31 Shire Dve, Noosaville.

Priced at $1.55m, the four-bedroom, two-bathroom, two-car house is in an elevated position and comes with pool as well as side access.

“There is a lot of positive activity around it at the moment,’’ Jesse said.

“We are busy at open homes at the moment.

“There are a lot of buyers waiting – lot of demand.’’

This house is six years old, with big living spaces, and ready to just walk in and unpack.

There has been a lot of local interest as well as Sydney.

The Sydney parties have already sold and looking to move to Noosa, Jesse said, while the locals are staying within the market.

The home radiates contemporary flair and scale, with high ceilings, timber-hued flooring, generosity of spaces with premium-grade finishes and an emphasis on the muted greys, timber tones, black and white.

From the open-plan living and dining spaces on the eastern side, there is a virtually seamless transition to the outdoors. The alfresco space is more an outdoor room for entertaining, as it borders lush lawn, a shimmering pool, sun deck and fenced garden.

The dedicated lounge/media room and second living off the kitchen also shares a connection to the outdoors as it looks out to the terrace.

The king-size main bedroom comes with a walk-in robe and an open-sided bathroom with a deep bathtub and double vanity cabinetry. Next door, an office could double as a guest bedroom.

AUCTION ACTION

SATURDAY, 20 August

Noosa Heads

22 Grant St: 2bed, 1bath, 1car house, Peter TeWhata 0423 972 034 Tom Offermann Real Estate. Sold prior

Sunshine Beach

3/9 Henderson St: 2bed, 1bath, 1car apartment, Kathy Wise 0407 968 300 Sunshine Beach Real Estate. Sold at auction

SUNDAY, August 21

Noosaville

27 Robert St: 5bed, 3bath, 2car house, pool, Dean McLure 0499 270 691 The McLure Group. Sold prior

FRIDAY, August 26

Noosaville

2/65 Bluefin Ct: 4bed, 2bath, 2car townhouse, pool, 1pm, Robyn Reid 0418 144 484 Tom Offermann Real Estate

SATURDAY, August 27

Noosa Heads

5/18 Park Rd: 2bed, 2bath, 1car apartment, 11am, Luke Chen 0417 600 840 Tom Offermann Real Estate

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