Castaways Beach Real Estate

Enjoying a predominately elevated position just off the David Low way, you will find the coastal suburb of Castaways Beach. Most of the properties in this area enjoy lovely ocean views and are located within a few minutes walk to the Beach.

Slow activity yet increased average prices across the December quarter of 2005 reflect the feeling of the locals, who agree that buying in Castaways is a life commitment to an amazing little slice of paradise in this tightly held area. With only 212 lots available, activity will always be quite minimal with interest and prices continuing to rise. Of these 212 lots there are 13 blocks remaining without improvements, some of which have water views and others backing onto parkland.

Currently there is 1 vacant block and 11 Houses on the market for sale. With only 4 sales for the quarter including a vacant block with stunning Ocean views for $1,240,000 in Tropicana Rise, the volume of sales are down on the previous year. The average price point however has risen considerably with the December quarter of 2005 seeing an average sale price of $1,080,000 as opposed to $740,277.66 in the December quarter of 2004, suggesting the demand for quality property and Coastal living is still quite strong.

The area is made up predominately of family orientated residences, although the last 12 months has seen a shift in interest to the professional working class and retirees which includes the migration of local residents from other prominent areas in the Noosa Shire. The increase in the average sale price is indicative of this change.

Entry level prices for the Castaways area start at around $659,000 and head upwards to $3 million for absolute beach front in Marcus Dunes.

Recent Sales in Castaways Beach

• 11 Flagship Court $855,000
• 36 Driftwood Drive List price $825,000
• Crusoe Court $1,400,000
• Tropicana Rise $1,240,000

A Selection Properties currently on the market in Castaways Beach are:

• 1 Driftwood Drive: 4 bed, 2 bath, 2 car, air-conditioned - $659,000
• 8 Crusoe Crt: 3 Bed, 3 bath, 2 car, Gabriel Poole Design, $1,350,000
• 2 Wavecrest Drv: 3 bed, 2 bath, 2 car, pool, a/c, possible views from additional second story $985,000
• 11 Wavecrest Ave 4 bed, 4bath, 2 car, ocean views $1,500,000
• Marcus Dunes Crt: 4 bed, 4 bath, 2 car, beachfront, stunning views, $2,280,000

Report updated December 2005

For more information on Castaways Beach real estate

• Contact Mal Charlwood on 0417 711 771 or e-mail malcharlwood@remaxnoosa.com.au