Noosa Sound property breaks price record

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

Demand for premium properties in Noosa Heads and the greater Noosa area has been a high point of the year with record prices consistently hit.

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

The material agreement was reached by Richardson & Wrench Noosa director Gillian McCauley in July, and the settlement is now finalized.

Although the luxurious four-bedroom home in the exclusive Noosa Sound neighborhood hasn’t come up for sale, the lucrative executive rental has proven to be such a catch that out-of-town vacationers have decided to make an offer that could not be refused.

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

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

“It took some serious negotiation, as the sellers had no plans to sell, but we finally got to a place that everyone liked.”

Savvy buyers who had the property at heart, coupled with Ms McCauley’s expertise, meant the unexpected sale of 12 Noosa Parade in tightly held Noosa Heads broke the previous record.

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

“Successfully orchestrating record deals like this requires experience, finely tuned negotiating skills and a certain level of expertise from sales agents like Gillian McCauley, who operates one of the renowned offices from Richardson & Wrench to Noosa coveted for a reason,” said Richardson & Wrench Noosa chief brand and strategy officer Amanda Ward.

“Real estate transactions at this level require a certain caliber of agent to execute.

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

The Richardson & Wrench Noosa team has 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. millions of dollars.

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

Ms McCauley said demand for high-end properties in Noosa Heads and the greater Noosa area had been unprecedented at the height of the pandemic as frustrated and locked-down residents from southern states headed for the Sunshine Coast. She added that high desire remains among those seeking both permanent residences and vacation homes.

“Here, houses of this caliber show up very rarely, because they are so well kept. There is always a huge demand for high end properties in Noosa. The market here has cooled slightly, but we are still seeing incredible results for rare gems like this property,” Ms. McCauley added.

Perfectly positioned along Noosa Parade, keen buyers were amazed by the sleek design of the contemporary retreat and its resort style inclusions inside and out. The fully furnished two-story property sits on the waterfront with a private jetty and overlooks the boat-strewn canal leading to the lush reserve beyond.

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

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

“It’s an amazing artist house; the one where you would spend wonderful parties and family vacations.”

Designed with the great outdoors in mind, there is a unique wrap-around pool with a large deck, spa, built-in barbecue deck and hidden private courtyards. The ground floor footprint is ideal for all-weather entertaining with flowing spaces opening seamlessly into the open-air areas.

Located at the North East end of The Sound, this exceptional property is close to the famous Hastings Street, famous for its restaurants, shops and the main beach of Noosa Heads.

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