8 Stevens Street, Sunshine Beach, has set a new record for the non-beachfront in the suburb, according to Tom Offermann Real Estate.
Covid-19 lockdown woes have escalated mega million dollar deals in Queensland’s most coveted suburbs where a $34m house sold just months ago – with waterfront land selling for close to $20m and even non-beachfront hitting record highs.
Just hours before South East Queensland was plunged into its toughest lockdown yet, a new suburb record for a non-beachfront property was set in Noosa’s popular Sunshine Beach. The suburb, which is home to a $34m property – reportedly bought by Australia’s richest woman Gina Rinehart – is among those seeing a rapid escalation in demand as buyers seek to escape relentless lockdowns in the Sunshine State.
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A non-beachfront home at 8 Stevens Street, Sunshine Beach, sold for $9.025m on Saturday.
The rooftop at 8 Stevens Street, Sunshine Beach, which was designed by Chris Clout.
The non-beachfront record was set by a Chris Clout designer home at 8 Stevens Street, Sunshine Beach which had been listed for auction by Tom Offermann Real Estate agent Peter Te Whata. It sold under the hammer on Saturday for $9.025m, with the new owners beating out five other bidders, all of whom are continuing their Noosa search with the agency.
Five beachfront property have sold for over $10m in the lead-up to Saturday’s auction up and down Noosa’s eastern beaches, including a $21m deal two weeks ago and a beachfront land parcel that hit around the $20m mark at 2 David Low Way.
Tom Offermann of Tom Offermann Real Estate Noosa said “the appetite for property in the Noosa region shows no sign of abating, with the Olympics adding optimism for the next decade ahead”.
Webb House sold for $34m – QLD’s highest price for a house. Picture Damien Davidson Builders
“Covid-19 stimulated a lot of people to search for a new lifestyle, especially those from southern states, and coupled with historically low interest rates the flood of buyers descended on the Sunshine Coast with sizeable budgets,” he said.
“The supply-side has been very tight, especially in Noosa where there is minuscule opportunity for new development due to strict planning controls and almost no vacant land. Property owners in Noosa are reluctant to sell for fear of not replacing what they have, and they don’t want to leave town. The temptation of higher prices has been the main reason for new listings to come onto the market, along with other reasons like deaths, old age, divorces, and relocations.”
8 Stevens Street, Sunshine Beach, saw the new owners beat out five other bidders.
8 Stevens Street, Sunshine Beach, embraces indoor-outdoor flow.
The new non-beachfront record was for a four bedder with five bathrooms and three car spaces designed “with whispers of Marrakesh and Manhattan”. The home has sea views on every levels with its own gymnasium, a mega media room, purpose-built wine wall, lift and room to even put in a sauna if wanted.
“There’s simply nothing like living the good life in Sunshine Beach, officially recognised recently as the second most popular suburb in Australia,” was how Mr Te Whata described it.
Mr Offermann said in the past year there were between six and 12 registered bidders at most auctions “and that is showing no sign of reducing”.
2 David Low Way, Castaways Beach, has reportedly sold close to the $20m that its owners were after.
“We recently auctioned a beachfront block at 2 David low Way which had expectations around $20 million, and we had 14 registered bidders. It reached $16 million at auction and has since sold for a much higher. Off market sales occur frequently as do sales without a physical inspection.”
He said there was a huge backlog of people planning to move to the coast, some locked in by lockdowns, others trying to sell their interstate homes first, others waiting for kids to finish school first and younger families trying to get a placement on long waiting lists for local schools.
“Southeast Queensland is my favourite place in the world and it is only going to get better.”
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