Noosaville Real Estate Prices

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Noosaville Real Estate Prices

Noosaville is a popular suburb for the over 55 demographic with a higher density of housing than some other Noosa areas. A relatively small geographical area is mostly level with building codes in place that see new Noosaville real estate developments elevated above the flood level. Noosaville unit prices are looking healthy with recent figures from real estate analysts RP Data indicating:

- The median unit price for April 2013 was $555, 154

- This is exceeds the median house price for the same period, at $530 000

- This is in keeping with the buyer and resident demographics in the area.

Demographics

Noosaville covers approximately 26 km2 with an abundance of waterways, restaurants, cafe's and parks. The Noosa riverfront esplanade strip is an extremely popular social and recreational space. Accomodation consists of holiday apartments, units, luxury architecturally designed duplexes and houses.

The population of Noosaville grew from 6731 to 7 111 between 2006 and 2001.

The predominant age group is the 55 - 64 year olds.

24 home sales in the last 12 month period were in the $750 k - $1 million dollar mark.