28 August 2024: As the real estate industry traditionally gears up for the spring selling season, Noosa on Queensland’s Sunshine Coast is marking a record apartment sale amidst a market challenged by limited stock and high demand in the popular tourist destination.
Klein Hunter Property Buyers, specialists in prestigious Noosa properties, has secured a three-bedroom apartment in Little Cove, set to settle next week. The ocean-facing apartment, located on the edge of Noosa National Park, was on the market for just seven days before selling for $10 million.
“The exclusive and tightly held enclave in Noosa is highly sought after and highlights the value of working with a skilled buyer’s agent who can make all the difference in your search for the perfect property,” said Kirstie Klein-Hunter, Founder and Director of Klein Hunter Property Buyers.
“I knew the property would be coming onto the market and kept my client informed every step of the way so they could act swiftly,” added Klein-Hunter.
“The property was listed on Friday afternoon, I inspected it on Saturday, the client viewed it on Monday, and their offer was submitted a few days later. Everything came together smoothly, and the client is thrilled with their purchase.”
Klein-Hunter noted that properties at the top end of the market, priced over $5 million, continue to perform well when accurately priced.
“While demand in Noosa remains strong, sellers need to be realistic with their pricing. There are properties that have been sitting on the market for months, which simply shouldn’t be the case. More often than not, if sellers get the price right from the start when launching a property for sale, they will get a better outcome overall,” she said.
“Often, early offers that get rejected end up being close to the final sale price. Sellers need to recognise that not all offers are ‘low-ball’ offers. Buyers are knowledgeable and understand the market value, while sellers are sometimes caught up in the emotional attachment to their property, which can work against them.
“At the moment, buyers are acting more cautiously and taking more time to complete transactions, but they’re still out there. I encourage sellers to do their own homework and be realistic and willing to negotiate in order to meet the market,” concluded Klein-Hunter.
The Little Cove property is due to settle on 3 September.
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About Kirstie Klein-Hunter
Kirstie has a corporate background with a long career working in financial markets. She has worked for some of the largest financial exchanges in the world specialising in exchange traded futures and options. Based in London working for the London International Financial Futures and Options Exchange (LIFFE), Euronext, and for the New York Stock Exchange (NYSE).
She has a proven background in investment strategy and property investment having bought and sold property internationally for over 18 years. Her international portfolio has encompassed properties in London, New Zealand and throughout Australia.
Her background in investment strategy, technology, and knowledge of the property cycle ensures she is always alert to good property investment opportunities, and she believes that speed is mission-critical to any deal. Her finely tuned negotiation skills ensure that she will secure your chosen property for the most favourable terms and purchase price.
Kirstie is an advocate of property investment for long term capital growth and wealth creation, and works with property investors to help design strategies that meet their investment objectives.
Kirstie has a Bachelor of Commerce (B.Com), a Certificate IV in property services (Real estate), and is a qualified and licensed buyers agent.