We secured this Noosa Heads resort apartment at an auction for a Queensland-based investor after competing with about 15 registered buyers.

• Property type: Resort apartment - 2 bed, 2 bath, 1 car

• Location: Noosa Parade, Noosa Heads

• Buyer: Qld-based investor

• Property occupancy: Short-term holiday rental, high occupancy, was booked out for 3 months at the time of purchase

• Property occupancy rate: +- 70% per annum

• Suburb median price: Median unit price $1.33M, Houses $1.575M

• 2021 Unit growth: 49.5%