Hi All,
extract from Fin Review 27-28 Nov 04. Shows a comparison of coastal land prices. What I found interesting about this was the HUGE difference in prices for roughly the same block size.
Does this suggest that there is room for an evening out of these prices to come into line with one another, as certain areas get further developed (particularly Nth NSW with its roughly 137Billion dollars worth of development going on......
(Most block sizes quoted around 700-800 sqm)
Area Median Price 2004
Pacific Harbour (Bribie Island) $550k
Runaway Bay (Nth Gold Coast) $1.425M
Caloundra (Sunshine Coast) $750k
Maroochydore (Sunshine Coast) $1.975M
Causarina Beach (Nth NSW) $432k
Sunshine Beach (Noosa) $765k
Pottsville (Nth NSW) $320k
Noosa Waters (Sunshine Coast) 1.28M
Tin Can Bay (Fraser Coast) $121k
Rainbow Beach (Fraser Coast) $250k
extract from Fin Review 27-28 Nov 04. Shows a comparison of coastal land prices. What I found interesting about this was the HUGE difference in prices for roughly the same block size.
Does this suggest that there is room for an evening out of these prices to come into line with one another, as certain areas get further developed (particularly Nth NSW with its roughly 137Billion dollars worth of development going on......
(Most block sizes quoted around 700-800 sqm)
Area Median Price 2004
Pacific Harbour (Bribie Island) $550k
Runaway Bay (Nth Gold Coast) $1.425M
Caloundra (Sunshine Coast) $750k
Maroochydore (Sunshine Coast) $1.975M
Causarina Beach (Nth NSW) $432k
Sunshine Beach (Noosa) $765k
Pottsville (Nth NSW) $320k
Noosa Waters (Sunshine Coast) 1.28M
Tin Can Bay (Fraser Coast) $121k
Rainbow Beach (Fraser Coast) $250k