Why commercial property investors are setting their sights on Noosa:
- Prices in Noosa are currently well below peak pricing, especially in comparison to high performing cities of Sydney where forecast average CBD rents of almost $11,000 per square metre by next year are worrying for investors and limited availability continues to force prices up in Melbourne making right now a timely opportunity for investors to enter or expand upon a commercial portfolio in the Noosa region.
- Recent commercial sales in Hastings Street and Noosa Junction highlight confidence in the market and the local economy.
- With an estimated population increase over the coming years, more businesses are opting to operate from within the region and expanding business opportunities will provide greater returns.
- Noosa has a flow on effect from major infrastructure projects including the Sunshine Coast University Hospital and Kawana health precinct, the Maroochydore CBD, the Sunshine Coast Airport refurbishment and Aura at Caloundra South, plus planned sporting and cultural events and the continued arrival of cruise ships.
Commercial property in Noosa is getting serious attention from both owner occupiers and investors, confidence in the marketplace is as strong as ever, with solid growth outlook anticipated for the coming financial year.