Ka-ching, ka-ching: House sells three times in a year

The Coast town where prices are going up, up and up.

Real estate Mark McDonald has sold the same house three times in the past 12 months and everyone made money and happy with their deal. Picture: Patrick Woods

MARK McDonald has sold the same property on three separate occasions before, but never in such a short period of time.

He said the escalating price achieved for 12 North Beach Place at Mudjimba - an increase of $135,000 going from $850,000 in July, 2017, then to $920,000 in March this year and $985,000 in October - was reflective of the lower Maroochy North Shore market.

Mr McDonald said the latest buyer for the property shared the view of many coming into the area that the Mudjimba/Twin Waters area offered a better value proposition than Peregian, Sunshine Beach or Minyama while being close to the beach in a quiet village.

"We cop flak from other agents about the new flight path but its likely to impact for 24 minutes a day, with peace and quiet the rest of the time," he said.

"I've lived here a long time and if there are concerns about it they are not being reflected by the market.

"It's close to Maroochydore and has a quiet, village feel. The current buyer looked long and hard at Peregian but couldn't justify the expense. She saw Mudjimba as better value and a relaxing place to spend time in the future."

Mr McDonald said there had been different reasons for the three sales over such a short time but all had made money and got to where they wanted to go.

"We did well out of it as agents," he said. "It's a great property which is still under priced. There's been several homes here reach the $1 million mark in the last 12 months.

Originally published as Ka-ching, ka-ching: House sells three times in a year