It appears that the Maroochydore Unit market may be entering a new growth cycle as demand for quality apartments is now genuinely outstripping supply in most precincts reducing time on the market considerably and beginning to produce significant pressure on prices across all price brackets.
During the first quarter of 2007 there were 166 apartments sold in Maroochydore. The total value of these sales was $68,726,156 with an average price of $414,013. Interestingly 59% of all purchasers originated from the local area within a radius of Caloundra to Noosa. A Further 25% of purchasers were from other Queensland area's with 8 buyers from WA, 9 from NSW, 4 from VIC and 3 from SA.
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