Much has been said in many media forms recently with regards to the current real estate climate in Australia. Without doubt the increasing interest rate rises have had a slowing effect in some area's as too has the fiscal uncertainty overseas. Our Sunshine Coast market however has continued to move forward with strong demand across all price ranges with Alexandra Headland actually out performing it's more publicised neighbours of Maroochydore and Mooloolaba.
Alexandra Headland:
Throughout 2005 - 2006 Alexandra Headland had not experienced the same level of price growth that some area's of Mooloolaba and Maroochydore experienced. The beachfront of Alexandra Headland has been virtually fully evolved for some time with only a couple of small sites for possible future development still existing. In 2006 there was 195 Units sold in Alexandra Headland accounting for $69,187,985 in total value. The average price of an apartment sold in Alexandra Headland throughout 2006 was $354,810. In 2007 there was 189 apartments sold at a total value of $75,806,000. Average prices rose to $401,089 for the year. These figures were not distorted by the settlement of any developments as can sometimes occur over time in some area's. Alexandra Headland showed fantastic growth for the year of 13.1% over the previous year.
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