Noosa Springs Real Estate

ABOUT THE AREA

After exhaustive international research, local architect Alan Starkey designed this magnificent golf course residential community just 5 minutes from Hastings Street. The winner of multiple urban development awards including the 2000 Urban Development Institute of Australia Award for Excellence, Noosa Springs flows effortlessly around the 18 hole championship golf course. Set on 50 hectares it contains seven lakes and 64 bunkers with the gently undulating greens averaging over 600 square metres in area.

The golf course design is the work of Graham Papworth, previously associated with the Graham Marsh Group. It combines both challenge and enjoyment, bearing in mind it services both advanced golfers and holiday makers unwinding in Noosa.

The Residential Estate is an ideal mixture of medium density housing and single residential homes. There is a property for all requirements here - from a compact townhouse to magnificent lakefront mansions. The residences are located amongst lakes, manicured fairways and inspiring landscaped gardens.

Wildlife abounds with koalas, wallabies, and all kinds of waterfowl wandering over the 105 hectare estate.

The stunning Country Club, including boutique shopping, restaurants, members lounge, convention facilities and golf pro-shop completes a lifestyle for residents the equal of anywhere in the world. Enjoy golf, tennis, outdoor activities, social events and the short five minute journey to Hastings Street, Laguna Bay and the Noosa National Park. Residents also value the quality landscaping of community pools, parks and paved streets and particularly the 24 hour gatehouse security.

Further superb facilities to enhance your investment will include an indulgent health spa, luxury short term holiday accommodation and five star hotel resort.

MARKET REPORT

The first quarter of 2005 has been a positive one for Noosa Springs with a number of excellent sales taking place and a lot of new construction being commenced or completed.

Sales of homes in The Palms have been healthy with confirmed transactions on Villas 703 and 713  with both sales figures approaching $3M. Villas off-course have also been achieving great results with Villas 730 and 763 also selling around the $1.6M mark. Our office successfully auctioned two vacant off-course blocks in The Ridge, selling both shortly after the actual auction.

In The Ridge, Villa 554 has been released for sale at $1.35M through our office. It is the first completed home in The Ridge to be offered to market. Occupying an excellent 930m2 allotment off-course, its living areas face due North and the residence, designed by Peter Hull, offers simple elegance from a well-thought out floor plan. Recent sales include Lot 519 at a reported $1.7M and Lots 555 and 548.

Construction continues apace in and around Noosa Springs with the finishing touches underway on the holiday accommodation at The Fairways, adjacent to the Noosa Springs Country Club. Settlement of the Fairways off-plan sales is imminent with a couple of opportunities to purchase re-sale properties in this precinct from around $735,000. More and more homes are underway in The Palms and The Ridge with several new starts taking place in the last few weeks alone.

The construction of the new Eeenie Creek arterial road is now well advanced. The new road will travel under Noosa Springs Drive and down over the waterway at Weyba Creek. The road will have almost no impact on Noosa Springs residents other than to make our travel times around Noosa much faster and more convenient. We will simply exit Noosa Springs Drive and then join the new road by turning right off Leslie Drive past the police and fire stations.

The initial release of Elysium Noosa  just next door to Noosa Springs  is off to a great start with 15 of the 41 dwellings in Stage One already sold. Twelve of Australia 's best architects have designed individual homes for each lot in collaboration with neighbouring sites and the overall streetscape and facilities. With prices in Stage one ranging from $1.3m to $2.65m there are just two homes remaining in the sub-$1.6M bracket. We have full plans and details available  please contact us for more information.

The market for villas in The Point, The Woods and The Cascades has been relatively slow in this first quarter, although there is quite a bit of activity in these precincts at present. The best value property in Noosa Springs would have to be Villa 226 on The Point  reduced to $830,000, and exclusive to RE/MAX, this is sensational purchasing for a buyer seeking an on-course location at a budget price.

Updated April 2nd 2005

For more details please contact Craig Brumby on 0417 789 765 or craigbrumby@remax.com.au