10 houses, $217m: Qld’s most expensive homes of the year

This property at 24 Arakoon Crescent, Sunshine Beach, was the most expensive home sold in the past year in Qld, fetching $28.5m.

The Covid-19 pandemic legacy and mega sea-change pushed 10 special homes to beat all the rest in Qld this past year, landing almost $217m together.

It was the coast that was responsible for the 10 most expensive homes sold in Qld in the past year, leaving no doubt which parts of the state the heaviest hitters preferred.

Four homes in Noosa made the 10 most expensive sales list, three of which were in Sunshine Beach – and two on the same street. Together those four homes sold for $88.25m.

The Gold Coast made up the majority of the top 10 though, with six homes fetching a combined price of $128.63m, and the area also responsible for two apartments that made the cut – both penthouses that haven’t been built.

Buyers Buyers co-founder Pete Wargent said lots of Sydney and Melbourne money found its way to coastal South East Qld over the past two years of Covid-19

“Some brought forward retirement and relocated away from lockdowns,” he said of elite buyers property hunting in the state. “Others took advantage of remote and flexible working arrangement and moved funds north.”

#1. 24 Arakoon Cres, Sunshine Beach, sold for $28.5m. Picture: Supplied/Shaun Lockyer Architects.

#1. Tucked away among the greenery of Qld’s most expensive suburb is 24 Arakoon Crescent. Picture: Supplied/Shaun Lockyer Architects.

Qld’s top 10 list is headed by a $28.5m house at 24 Arakoon Crescent, Sunshine Beach, (those pictures you just saw) in Noosa. It sold in April and is yet to be surpassed in price with just days left to go in the financial year.

Two homes on the Gold Coast (scroll down to take a peek at them) gave it a run for its money though, with 41 The Promenade, Surfers Paradise, sitting in second place among Qld’s top sales. It sold for $26.88m in October 2021.

Third was 213 Hedges Ave, Mermaid Beach, which sold a month later in November 2021 for $21.75m.

#2: 41-45 The Promenade, Surfers Paradise. Picture Glenn Hampson.

#2: The second most expensive deck in Qld this year at 41-45 The Promenade.

#3: 213 Hedges Avenue, Mermaid Beach, sold for $21.75m.

#3: Wonder how much of that price tag came off that stunning view of the surf outside the sliding doors at 213 Hedges Avenue.

In fourth place was 4-6 Arakoon Crescent, Sunshine Beach – the second home on that street to break into the state’s top 10 most expensive list in the past 12 months. It sold for $21.5m in March this year.

#4: 4-6 Arakoon Crescent, Sunshine Beach, sold for $21.5m.

#4: You guessed it, 4-6 Arakoon Crescent was basically about the land and this view, not the ageing beach house sitting on it.

#5: 159 Hedges Ave, Mermaid Beach, sold for $21m.

#5: This, at 159 Hedges Ave, is definitely worth some big money.

A street known as millionaire’s row on the Gold Coast did not fail to disappoint, with 159 Hedges Ave, Mermaid Beach, (see above) landing a whopping $21m sale price to sit in fifth spot off a sale just last month.

One of two apartments to hit the top 10 – the penthouse of the Glasshouse development – was equal sixth after selling for $20m. The property which will be built at 10 Goodwin Terrace, Burleigh Heads, sold in April this year.

#6: The penthouse at Glasshouse Burleigh Heads on Goodwin Tce by Spyre Group.

#6: A buyer saw these renders of the Glasshouse development penthouse and said take $20m of my money.

Also #6: 15-17 King Arthurs Court, Sovereign Islands sold for $20m too.

Also #6: Those tiles better have a bit of gold in them at King Arthurs Court. And, no, they do not.

Sovereign Islands on the Gold Coast – a hub for many richlisters with a long love for waterfront lifestyles – also saw a $20m sale for 15-17 King Arthurs Court, Sovereign Islands (scroll up). The August 2021 deal made the home sixth equal with the penthouse for most expensive sales this past year.

#8: 53 Witta Circuit, Noosa Heads, sold for $19.5m.

#8: This is 53 Witta Circuit, sorry we can’t show you its face.

Noosa Heads where demand spun almost out of control during Covid-19 lockdowns in the south took out eighth position with the sale of 53 Witta Circuit (which you just saw above) for $19.5m. That deal was struck in March this year, two years from when strict Covid-19 restrictions first came into force across the country.

#9: The penthouse/3519 Main Beach Parade, sold for $19m.

#9: At this price range, the new owner of the Amani penthouse can change that colour scheme any way they want.

The second penthouse in the top 10 was that of the Amani Tower at 3519 Main Beach Parade, Main Beach (those were artist’s impressions of it seen above). It sold for $19m in April this year.

Rounding out the most prestigious sales in Qld this past year was 58 Seaview Terrace, Sunshine Beach – one of three in the suburb ranked in the top 10. It sold for $18.75m in March.

#10: 58 Seaview Tce, Sunshine Beach, sold for $18.75m.

The massive prices have sparked homeowners to consider capitalising on market highs – though it remains to be seen if they can beat the top 10.

“There are more for sale boards up in Noosa now though, and the market looks to be peaky,” Mr Wargent said.



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