Noosa Heads

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CoreLogic’s best of the best 2020 report has revealed that the highest median unit value in Queensland was found in Noosa Heads, just shy of $900,000.

The report revealed Australia’s $7.2 trillion residential real estate market proved resilient in the face of a global pandemic, leaving an overall positive market outlook for 2021.

Eliza Owen, CoreLogic’s head of research, said the report highlighted the resilience of luxury markets in Australia.

On the overall top ten apartment markets every suburb listed amongst the nation’s best for unit value were located in Sydney, with Point Piper taking the top spot as it did in 2019 with a median unit value exceeding $2.28 million.

Queensland's Laguna Quays however had Australia's lowest median unit value at just $76,123

"The Sunshine Beach on the Sunshine Coast has seen the highest annual capital growth in houses nationally, compared with 2019 when St Kilda in Melbourne saw the highest housing growth,” Eliza Owen said.

<h2>Here are a two luxury apartments available on the Sunshine Coast</h2>

1. First Bay by Mosaic

<a href="http://urban.com.au/new-apartments/first-bay-by-mosaic-131-coolum-terrace-coolum-beach?">131 Coolum Terrace, Coolum Beach QLD 4573</a>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/first_bay.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="410" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/first_bay.jpg?itok=6OLSI7X8" width="580"></a></figure>With an estimated completion time late 2021 the direct beach-front location, First Bay, will feature a very limited collection of apartments across two boutique buildings.

Featuring just 36 two and three-bedroom residences, featuring the Masterpiece full-floor penthouse for $2,900,000.

Their nearby development Drift by Mosaic, built in 2019 is already sold out.

2. Lumina Residences

<a href="https://www.urban.com.au/new-apartments/lumina-residences-14-serenity-close-noosa-heads?">14 Serenity Close, Noosa Heads QLD 4567</a>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lumina.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="400" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/lumina.jpg?itok=xU_nqaQD" width="580"></a></figure>Developed by Cape Bouvard, Lumina Residences in the exclusive residential enclave of Settler’s Cove offering the facilities of a 5-star luxury resort.

Also known as L2, luxury residences are available From $1.75 million.

 
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CoreLogic’s best of the best 2020 report has revealed that the highest median unit value in Queensland was found in Noosa Heads, just shy of $900,000

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Noosa Heads hosts Queensland’s priciest apartments: CoreLogic

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A Noosa Heads waterfront home been sold for $6.6 million.
It was bought by UBS head of equities Steve Boxall and wife Sonya.
Sitting on 611sqm, the home comprises four bedrooms, four bathrooms, open plan living and dining and parking for three vehicles. 
It also features timber panelled-glass doors, north-facing alfresco, horizon pool with spa and pontoon jetty.
The vendors were Auckland-based Allen and Barbara Peters, the founders of snack company Nice &amp; Natural. 
The Witta Circle property was sold by Tom Offermann Real Estate agents Luke and Lauren Chen. 
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UBS head of equities Steve Boxall buys at Noosa Heads

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A five-bedroom, three-bathroom waterfront house in Noosa Heads, Queensland has been sold for $3.6 million through Tom Offermann estate agents Peter TeWhata and Tom Offermann. 
The <a href="https://www.propertyobserver.com.au/A%20riverfront%20five-bedroom,%20four-bathroom%20house%20in%20Corinda%20was%20sold%20for%20%245.1%20million%20through%20Adcock%20Prestige%20estate%20agent%20Jason%20Adcock." target="_blank">Cooran Court property</a> is located on leafy streetscape only five minutes to Noosa Main Beach, with a palm-lined garden path, timber features on the facade and glass-panelled double doors. 
The 740 sqm parcel of land features a lofty-entrance hall, timber kitchen, family living spaces, and additional living and dining spaces with glass doors on two sides which open out to a terrace designed for entertainment.
There is also direct access to water from the property.
 <img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/5/27/17_Noosa%20Head%204.jpg" alt="" style="caret-color: #000000; color: #000000;">
In the guest or family wing, two of the four bedrooms look out to the swimming pool and all share a family-size bathroom.
Upstairs is the master suite with walk-in robe and ensuite.
According to Domain, 14 other five-bedroom houses in Noosa Heads have recently been sold with a similar one on Noosa Springs Drive sold for $2,224,000 in early February. 
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Waterfront five-bedroom Noosa Heads house sells for $3.6 million 

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Garvan Institute chief operating officer Philip Knox and wife Marianne have sold Lagoona House, their contemporary Noosa Heads weekender.
The Sydney based couple spent $1.1 million on the property before commissioning acclaimed Noosa designer Chris Clout to redesign the home.
Dowling &amp; Neylan Real Estate agent Dan Neylan secured a record price for a home off the water on Noosa Sound.Knox, who spent eight years working as an accountant for Channel 10, joined the Garvan in 2013.
The couple call Point Piper home, having spent $8,835,559 on a garden apartment in an exclusive Ercole Palazzetti &amp; BKH designed apartment block in 2014.
 
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Lagoona House, Noosa Heads sold

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A retail space in the famous Hastings Street tourist strip at Noosa Heads has been sold for $1.375 million.
The commercial outlet in the Netanya Noosa Resort at <a href="https://www.realcommercial.com.au/property-retail-qld-noosa+heads-502522638" target="_blank">3/71 Hastings St</a> was sold on a yield of 5 percent.
The 33 sqm shop is currently leased out for a gross rental of $80,000 per annum.
The property last traded in 2009 for $1,320,000, according to Corelogic RP Data.
The selling agent were Ray White Commercial’s Paul Forrest and Paul Butler, who acted on behalf of a local owner.
Forrest said the buyer was an “opportunistic investor” looking to add to his portfolio. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/09/25/HastingsSt1.jpg" alt="">
The tenant was planning to vacate, said Forrest.
“Ray White Commercial Noosa &amp; Sunshine Coast North were actively looking for a tenant for the property when the purchaser made the offer,” he said.
The outlet is next to Massimo's Gelateria and the Tommy Bahama sportswear store, adding to its visibility and prospects.
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Commercial outlet in Noosa Heads changes hands for $1.375 million

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A Hastings Street apartment in Noosa Heads has sold at auction for $6.9 million, the priciest apartment sale in the area this year.
The three bedroom set in the <a href="https://www.realestate.com.au/property-unit-qld-noosa+heads-126422934" target="_blank">pricey Twenty Three Hastings</a> block on the popular tourist strip last traded for $7.2 million in 2015.
The last sale in the block of three came in 2015 when the apartment above fetched $6.9 million.
Overlooking Laguna Bay, the whole floor apartment with media room and elevator access has unobstructed views of the water.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/11/24/Hastings2.jpg" alt="">
It was marketed by Tom Offermann at Tom Offermann Real Estate as a lavish penthouse-style apartment, offered fully furnished.
It is one of the only whole floor apartments on the beachfront and Hastings Street.
Offermann says the level of interest in Noosa is the highest he's ever seen.
"We benefit from Brisbane, interstate and overseas interest, and while we usually have interest from one or two of those places at any one time, all those areas are converging on Noosa right now due to the strength of the markets in places such as Sydney and Melbourne.
"Noosa offers a very large disparity in value compared to those areas," he adds. "There's simply nothing like it." "Noosa Heads has experienced the highest median price growth for Qld over the past year at 12.2%, so Noosa is on the move again with a long way to go."
He is asking $7.5 million for the north facing apartment which has been a $1125 a night rental.
The street record came in 2006 when Perth based Michael and Suzanne Hodgson paid $8.2 million for an apartment in the tightly held Noosa Court building.
The top recorded settlement this year has been $2.6 million. Last year's top apartment sale was $7.6 million in The Breakers complex.
 
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Noosa Hastings Street apartment sells for $6.9 million at auction

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A three level skyhome with views across the Noosa River from its numerous balconies has been listed for sale in the Las Rias complex.
The penthouse has been renovated since last traded with classic white marble replacing the chequered wooden flooring in the living areas.
The living spaces begin on the fourth level of the apartment block, which open to a 12 metre long alfresco balcony.
On the next level sit the three bedrooms, along with another long balcony.
A Blackwood-treaded stairwell crowned with a chandelier leads to its sky terrace.
Tom Offermann Real Estate agents Tom Offermann and Luke Chen have set a June 22 auction.
It will likely break the building record, set last year when the adjoining three bedroom penthouse sold for $3.1 million.
The penthouse was briefly listed in 2016 with a $7.5 million price tag, but then pulled from sale by Lyn Morrison, the founder of Belmondos restaurant on Hastings Street.
Las Rias dates back to the late 1980s, with six of the 26 owners still retaining their acquisition after its construction by the Tatton and Cameron clans.
It has an exclusive residents' only white sand beach and jetty.
The tightly held Las Rias building has a sculpture of a Queen conch shell on the facades.
The cul de sac complex is one of only three Noosa buildings rise to six storeys,double the currently planing limit.
This article was first published in the Weekend Australian.
 
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Noosa River Skyhome with views listed for sale

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The retail premises of of Lorna Jane on Hastings Street, Noosa Heads has been sold.
The $5.06 million sale was negotiated by CBRE’s Brendan Robins and Ryan Parry on behalf of the vendor, a private NSW based investor.
Mr Robins said, “the offers to purchase campaign attracted over 30 enquiries from qualified investors, with the sale price translating to a yield of 5.25% and a rate of $44,779 per square metre.”
With an NLA of 113sqm, Shop 1 at 55 Hastings Street, Noosa Heads is leased to Lorna Jane Pty until August 2022 with a five-year option and has a net rental income of $265,533 after land tax deductions.
Featuring a 9 metre frontage to Hastings Street, it also has 2 car spaces. 
In 2007, Mr Robins managed the sale of the same property, then tenanted by Hugo Boss, for $4.65 million.
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Lorna Jane retails premises on Hastings Street, Noosa sold for $5.06 million

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A riverfront Noosa Heads French-style home has been sold for $5.67 million under the hammer.
It was sold by Eric Seetoo from Tom Offermann Real Estate Noosa Heads Easter eve by its Melbourne based vendors.
Occupying a riverfront location near Hastings Street, <a href="https://www.realestate.com.au/property-house-qld-noosa+heads-130031950" target="_blank">49 Witta Circle</a> comes with open plan living and dining areas, stainless stell kitchen, guest master suite, main master suite and two other bedrooms.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/4/19/noosa%20heads%201.jpg" alt="">
Other features include sun lounge, white cobble stone-like courtyard, pool, cathedral ceilings, wide-plank timber floors, entertaining deck and bar.
It is just 10 minutes away from Noosa National Park's World Surfing Reserve.
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Seetoo said the address could be the highest Queensland house sale under the hammer so far in 2019.
It had last traded at $4.2 million in 2014.
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Riverfront Noosa Heads trophy home sells for $5.67 million 

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Property industry veteran Geoff McWilliam and wife Barbara have bought a Noosa holiday apartment through the family investment company.
The Sydney-based couple have emerged as the $6.1 million buyers on the pricey Hastings Street.
The near 200 square metre, three bedroom penthouse in the La Mer complex has a substantial terrace overlooking the water, as well as a rear courtyard.
Tom Offermann Real Estate agents Nic Hunter and Eric Seetoo sold the apartment that belonged to New Zealand-based Scott Holyoake, the managing director of Holyoake Air Management Solutions, and wife Tatiana. 
They paid $3.9 million in 2015. 
McWilliam has 30 years of experience in the property industry, including a decade at the Commonwealth Bank's property funds management division Colonial First State Property.
This article was first published in the Weekend Australian.
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