Noosa Sound property busts price record

A Noosa Sound waterfront property has sold for $27m. 306874_22

Demand for prestige properties in Noosa Heads, and the greater Noosa region, has been a highlight of the year with record prices consistently achieved.

The latest is a stunning Noosa Heads waterfront residence that has defied softer market conditions and hit a new local price benchmark, after secretly selling for $27 million.

The significant deal was achieved by Richardson & Wrench Noosa principal Gillian McCauley in July, with settlement now finalised.

Although the luxury four-bedroom house within the exclusive Noosa Sound precinct wasn’t listed for sale, the lucrative executive rental proved to be such a catch that out-of-town holiday makers decided to make an offer that couldn’t be refused.

“They just fell in love with the property after spending time there,” Mrs McCauley said.

“While on holidays here they walked into our office in Hastings Street to talk about possibly purchasing a holiday home, so after a conversation we contacted the owners to ask the question and it just all went from there.

“It took some serious negotiating, as the vendors hadn’t planned on selling, but we eventually came to a place everyone was happy with.”

Discerning buyers who had their heart set on the property, coupled with the expertise of Mrs McCauley, meant the unexpected sale of 12 Noosa Parade in tightly-held Noosa Heads smashed the previous record.

The remarkable result surpassed the $20 million achieved in 2020 for another off-market property in nearby Mossman Ct.

“Successfully orchestrating record-breaking deals such as this takes experience, finely tuned negotiation skills and a certain level of expertise from sales agents like Gillian McCauley, who operates one of Richardson & Wrench’s marquee offices in coveted Noosa for a reason,” said Richardson & Wrench Noosa head of brand and strategy Amanda Ward.

“Property transactions at this level require a certain calibre of agent to execute.

“We’ve come to expect nothing less from Gillian and the team at Richardson and Wrench. They are true professionals in every sense,” Ms Ward said.

The Richardson & Wrench Noosa team have recently achieved several outstanding results with the sale of 103 Noosa Parade for $7.01 million, 11/37 Hastings Street for $9.8 million and 307/25 Hastings St for $9 million.

According to PropTrack data, the median sale price for a house in Noosa Heads over the past 12 months was $2.1 million.

Mrs McCauley said demand for prestige properties in Noosa Heads, and the greater Noosa region, had been unprecedented during the worst of the pandemic as frustrated and locked down residents from southern states made a beeline for the Sunshine Coast. She added that the elevated desire remains among those seeking both permanent residences and holiday homes.

“Homes of this calibre here very rarely come up, because they’re so tightly held. There’s still tremendous demand for high end properties in Noosa. The market here has cooled slightly, but we’re still seeing incredible results for rare gems like this property,” Mrs McCauley added.

Perfectly positioned along Noosa Parade, the motivated purchasers were taken aback by the elegant design of the contemporary retreat and its resort-style inclusions inside and out. The two-storey, fully-furnished property sits on the waterfront with a private pontoon and overlooks the boat-studded canal out to the lush reserve beyond.

“The incredible location was definitely one of this home’s greatest selling points because it’s so close to Hastings Street and all it has to offer,” Mrs McCauley said.

“But ultimately, they said it just had such a nice feel, it really has that wow factor.

“It’s an amazing entertainer’s house; one you’d have some wonderful parties and family holidays in.”

Designed with the great outdoors in mind, there is a unique wrap-around swimming pool with grand sundeck, spa, a dining terrace with integrated barbecue and hidden private courtyards. The ground floor footprint is ideal for all weather entertaining with free-flowing spaces seamlessly opening to the alfresco zones.

Located at the north-eastern end of The Sound, the exceptional property is close to popular Hastings Street, famous for its eateries, boutique shopping and Noosa Heads Main Beach.