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Interest Rates Drop
In: News Release
2 May 2012The Reserve Bank has cut interest rates by 0.5 per cent today.
The 50 basis point fall comes on the back of evidence the economy is struggling with weaker-than-expected inflation figures released late last month.
The official interest rate is now 3.75 per cent.
It is good news for mortgage holders who were earlier this year hit with out-of-cycle rises by many lenders.
“This is quite a heavy cut and the Reserve will be hoping that it has maximum impact,” says Murray Brown of hinternoosa.
Each 0.50 per cent drop in interest rates slices about $120 off the monthly interest cost of an average Australian mortgage.
Murray Brown
m. 0419 491 395
hinternoosa.com.au
p. 07 5447 7000
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Quarterly Market Update
In: Cooroy| Hinterland| News Release
30 Apr 2012Scary but true we are one third way through 2012 already. The first quarter of 2012 saw a doubling in turnover from the previous quarter. In the first 3 months hinternoosa sold 46 properties in Noosa Valley, Doonan, Eumundi, Cooroy & Pomona.
The average sale price increased in April 2012 demonstrating renewed interest in higher priced property.
If you would like us to provide a suburb flyover for your area or to provide you this detail on a regular basis only to happy to assist?
Or if you want to have a look on our own PC at property sales history around your home (or any property in mainland Australia for that matter) give hinternoosa a ring & we will provide you access to the database!
Murray Brown
sold @hinternoosa.com.au
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Don’t worry, be happy
In: Cooroy| Hinterland| News Release| cooroy flood damage| cooroy storms| new office
25 Mar 2012
The storm on 21st February and subsequent 2 high rainfall events that destroyed 35% of our 30 Maple St Cooroy offices came as a bit of a shock. The reaction of locals has reminded me why we live where we live - the generosity and support offered to us has been overwhelming. Both our own team members and the community have helped us recover from the damage caused by the storm. We relocated to a temporary office at 42 Maple Street and were back to business within 12 hours of losing the roof of our 30 Maple St, office.
We have not allowed any of our building interruptions to prevent our buyers and sellers from moving forward. Subsequently we have written 45 contracts of sale in 90 days in 2012. We feel turnover is back to pre-GFC numbers, buyers are responding to the great value on offer and for good reason. Back In 2011 real estate consumers may have had some cause to worry? But the only reasons to be a bit concerned in 2012 in Australia are the shambolic politics, deficit budgets and low productivity and all these are fixable over time.
The good news, however, far outweighs the not so good - the nation has 1.1 million more jobs than it did five years ago, virtually full employment by international definition. Our mortgage interest rates are right on the long-term average of less than 8 per cent. Our household incomes are among the worlds highest (more than $144,000 per household on average in 2011-2012) and rising and we have the world’s seventh-highest standard of living (of 230 nations). Our savings are rising, the share market and our super funds are recovering and our population is growing at or better than the world’s growth rate. It’s all going to get even better during this and the next decade but for the time being it’s as good as it gets anywhere in the world today.
A change is as good as a holiday, no matter who you voted for in the Queensland state election. You will agree the new state government could provide the shot in the arm required to return our great state to prosperity.
We have reason to be grateful and happy.
Murray Brown
hinternoosa.com.au
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Interested in auction results in the Noosa hinterland?
In: Cooroy| Hinterland| News Release
13 Feb 2012Buyers are very active in 2012, our Auctioneers report a 300% increase in bidder registrations in 2012. This was evidenced at our first Auction of 2012 Wednesday February 8, 2012. Hinternoosa had approx 70 people at the In Rooms auction with 11 properties to be sold. Three sold prior to the auction, three sold under the hammer and one post Auction contract with subsequent conditional interest on other properties.
Our next In Rooms Auction is Wednesday, 18th April at 6.00pm at the Cooroy Hotel.
If you’re considering selling local property, this is the place to do it – as was evidenced at our February In Room Auction.
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Interested in Auctions in the Noosa hinterland
In: Hinterland| News Release
8 Feb 2012Buyers are very active in 2012, our Auctioneers report a 300% increase in bidder registrations in 2012. This was evidenced at our first Auction of 2012 Wednesday February 8 - 2012. Hinternoosa had approx 70 people at the In Rooms auction with 11 properties to be sold. Three sold prior to the auction, three sold under the hammer and one post Auction contract with subsequent conditional interest on other properties.
Our next In Rooms Auction is Wednesday, 18th April at 6.00pm at the Cooroy Hotel.
If you’re considering selling local property, this is the place to do it – as was evidenced at our February In Room Auction.
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Magnificent Noosa hinterland country retreat for tender.
In: Eumundi| Hinterland| News Release
18 Jan 2012
A private country retreat ‘fig tree farm’, with stunning views to Mt Eerwah, is only 5 mins from the world renown market town of Eumundi or a pleasant 20 mins drive to Noosa beaches, shopping and fine dining restaurants. This is a excellent example of one of the best rural properties in the Noosa hinterland. Expressions of interest by way of a tender in the form of a written contract are invited on the total parcel, or individual lots. The main residence is on 51.5 acres, caretakers residence is on 58.26 acres and the vacant land is 100.96 acres.
View this magnificent hinterland property on hinternoosa.com.au
The moment you turn into the no through road, you realise you are in a very beautiful, special area, in the northern foothills of Mt Eerwah with gentle fertile land and the meandering North Maroochy River. The driveway into the property alone is a unique and beautiful experience. A causeway over the permanent creek where platypuses reside and behold in front of you is the most magnificent white fig tree estimated to be 400 to 500 years old. It is truly a picturesque setting and a sense of privilege as you pass under the tree’s canopy.
The driveway continues along near the permanent tree lined creek and then gently rises and continues past the steel cattle yards on one side, caretakers cottage on the other and then proceeds up a gentle incline to the manicured grounds featuring a 300 year old Moreton Bay Fig Tree and the magnificently created homestead.
Whilst the homestead is only 5 years old and immaculately presented with fine attention to detail, it has that real farm homestead feel that one really appreciates. The views from the homestead are so relaxing with cattle grazing on the fertile improved pastures on the river flats and then out to the ranges and Mt Eerwah.
View this magnificent hinterland property on hinternoosa.com.au
This property is offered as the whole farm or the individual lots. We itemise the individual lots with improvements as follows:
LOT 6 – Main Homestead 700 M2 under roof on 51.5 Acres:
3 Guest ensuited bedrooms with French doors to verandah, media room with 3m screen and extra large home office with 3 phone lines, all on one wing of the homestead.
A internal staircase or electric lift to the master suite with huge ensuite marble bench tops, twin vanity basins, large shower and separate bath with a full view to Mt Eerwah. Massive WIR and dressing room, sitting area, private deck and gas fire place.
Spacious homestead style kitchen with granite bench tops, “soft close” drawers, gas cook-top, electric ovens, walk in pantry, garbage compactor, dishwasher, zip hot water tap plus heaps more features.
Large dining room with feature glass to take in the view of Mt Eerwah. Cooroy stone double sided fire place (wood and gas) divide the dining from the lounge area plus a separate private library is included in the living area.
View this magnificent hinterland property on hinternoosa.com.au
The features of the homestead are endless but to mention a few - European Oak Parquetry floors, 10 ft ceilings, powder room, vacuum maid system, pipe music and intercom, back to base alarm system, multi-unit ducted air-conditioning, 2 air-conditioned wine cellars, built in BBQ with granite bench top, massive timber deck and verandah areas, infinity wet edge pool, 3 car garage, 20,000 gallon concrete rain water storage.
The 51.5 acres is all good improved pastures, fertile soil, river flats and spring fed dam with 2 hp variable speed pump for 12 station garden irrigation system. A 4 bay machinery shed with 3 phase power, steel cattle yards with 10 hp 3 phase pump for spray race, crush & calf cradle tack shed and all near new fencing, – wow what a package, needs to be inspected to fully appreciate the quality and style of this rural retreat.
LOT 5 - Caretakers Residence – 195 m2 under roof on 58.26 acres:
Timber character home including 3 built-in bedrooms plus office, main bedroom ensuited. Features include open plan living, high ceilings, cedar windows and French doors, double sided combustion fire place, big rear deck, downstairs area incorporates double garage, laundry and storage. 10,000 gallon concrete rain water storage.
The 58.26 acres has all new fencing, good improved pastures, and permanent creek with small areas of rainforest.
LOT 3 – Vacant Land – 100.96 acres:
Two permanent creeks, dam, approved house site, all near new fencing. Gentle fertile country with improved pastures, rising to a elevated ridge line with 360 degree views including Mt Eerwah, Cooroy Mtn and green lush rolling hills.
This is truly a rare opportunity to purchase a unique, private country retreat close to Eumundi. Being offered for sale by tender in the form of a written Qld Law Society Contract, with the Tenders Closing on the 29th February. To give you an appreciation of how rare this opportunity is, this is the second time this property has been offered for sale in 100 years and IT WILL BE SOLD.
View this magnificent hinterland property on hinternoosa.com.au
Please call or email us for further information on this property. Sustainability Declaration provided by seller available.
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Sales volume increases but buyers still in control
In: Hinterland| News Release
18 Dec 2011The last quarter has seen an increase in the volume of sales we have generated at Hinternoosa.com.au; however the buyer sentiment remains cautious and price is the main factor in most but not all negotiations. We have also encountered a number of multi offer situations, focusing on those properties offering outstanding value for money.
With the decrease in interest rates and uncertainty in the foreign banking and stock market sectors, one would think that the smart money would start to flow back into the property market, particularly where there is a limited supply of stock and strong prospect for growth in the foreseeable future.
It is at this time in the property cycle that most purchasers start trying to pick the bottom of the market, that point where the best value is on offer. History suggests that most purchasers wait until there is evidence of prices increasing before making their move, and at this point their wait and see attitude has already cost them money.
With many of our listings currently priced substantially below their replacement cost, we remain very confident that the hinterland markets offer outstanding value for money, in most if not all the market sectors. If you have been watching the market and looking for an opportunity to secure your piece of the hinterland, it may be a good time to start actively pursuing that goal.
In closing, by the time this edition of Noosa Country Style goes to print my time as substitute licensee of the Hinternoosa operation will be drawing to a close. Murray & Lyndal Brown will be back in Cooroy early in the New Year. They have enjoyed a marvelous extended break with their family on a round Aussie odyssey and return refreshed and looking forward to getting back to the fabulous business they have spent the last 22 years creating.
David Crerar
Substitute Licensee
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The last quarter has seen an increase in the volume of sales we have generated at Hinternoosa.com.au; however the buyer sentiment remains cautious and price is the main factor in most but not all negotiations. We have also encountered a number of multi offer situations, focusing on those properties offering outstanding value for money.
With the decrease in interest rates and uncertainty in the foreign banking and stock market sectors, one would think that the smart money would start to flow back into the property market, particularly where there is a limited supply of stock and strong prospect for growth in the foreseeable future.
It is at this time in the property cycle that most purchasers start trying to pick the bottom of the market, that point where the best value is on offer. History suggests that most purchasers wait until there is evidence of prices increasing before making their move, and at this point their wait and see attitude has already cost them money.
With many of our listings currently priced substantially below their replacement cost, we remain very confident that the hinterland markets offer outstanding value for money, in most if not all the market sectors. If you have been watching the market and looking for an opportunity to secure your piece of the hinterland, it may be a good time to start actively pursuing that goal.
In closing, by the time this edition of Noosa Country Style goes to print my time as substitute licensee of the Hinternoosa operation will be drawing to a close. Murray & Lyndal Brown will be back in Cooroy early in the New Year. They have enjoyed a marvelous extended break with their family on a round Aussie odyssey and return refreshed and looking forward to getting back to the fabulous business they have spent the last 22 years creating.
David Crerar
Substitute Licensee
Locals want a say in planning
14 Dec 2011Noosa News December 6 2011
By Peter Gardiner
COUNCIL - whether it be a new Noosa Council or the regional status quo - is set to have a new Cooroy community voice buzzing in its ear.
And Cooroy Community Association steering committee head, former Noosa Councillor Ray Kelly, said it can only be a good thing for the local council representative to have some grassroots guidance.
Mr Kelly said 40 people attended the meeting last Thursday, keen to proceed with a new lobby group to address issues identified at a Bendigo Bank community forum.
“We have had Cooroy Chamber of Commerce which is active in this area, and they do a good job in their areas of concern, but the community is looking at bread and butter issues like rates, roads and footpaths,” Mr Kelly said.
Local traffic issues included the need for better access across the reailway line for vehicles and pedestrians, to emergency accommodation for single men were raised at the meeting.
He said whether de-amalgamation came in or not after the next state election, Cooroy needed to be heard at all government levels.
“I had many years in council and found it very helpful to have community input to bounce off - to see if things were generally headed in the right direction with locals,” Mr Kelly said.
He said a follow up steering committee meeting will help set the wheels in progress for the association, which will look to become incorporated.
Locals want a say in planning
In: Cooroy| Hinterland| News Release
14 Dec 2011Noosa News December 6 2011
By Peter Gardiner
COUNCIL - whether it be a new Noosa Council or the regional status quo - is set to have a new Cooroy community voice buzzing in its ear.
And Cooroy Community Association steering committee head, former Noosa Councillor Ray Kelly, said it can only be a good thing for the local council representative to have some grassroots guidance.
Mr Kelly said 40 people attended the meeting last Thursday, keen to proceed with a new lobby group to address issues identified at a Bendigo Bank community forum.
“We have had Cooroy Chamber of Commerce which is active in this area, and they do a good job in their areas of concern, but the community is looking at bread and butter issues like rates, roads and footpaths,” Mr Kelly saaid.
Local traffic issues included the need for better access across the reailway line for vehicles and pedestrians, to emergency accommodation for single men were raised at the meeting.
He said whether de-amalgamation came in or not after the next state election, Cooroy needed to be heard at all government levels.
“I had many years in council and found it very helpful to have community input to bounce off - to see if things were generally headed in the right direction with locals,” Mr Kelly said.
He said a follow up steering committee meeting will help set the wheels in progress for the association, whihc will look to become incorporated.
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