The Sunshine Coast is known for its beaches, but buyers often forget about the beautiful labyrinth of rivers that snake inland from the ocean.
Tranquil, quiet and picturesque whatever the season, these canals and waterways offer the perfect view to enjoy from a patio or balcony, not to mention easy access for fans of boating and water sports.
Although waterfront homes tend to attract buyers in the multi-millions, we’ve sourced these five rare finds dotted across the Sunshine Coast for under $950,000 — so you can save your pennies for a boat to moor at that empty jetty.
26 Serenity Circuit, Maroochydore QLD 4558
4 bed, 2 bath, 2 car
Agent: Amber Werchon Property, Trudi Fernandez 0417 137 374
This spacious home is the only property in its estate to have completely unfettered views of the water, framed by a rainforest reserve which can never be developed.
You can even access the river boardwalk directly from the back of the house: the perfect way to spend a spring afternoon.
Inside, the house is bright, sleek and contemporary, with plenty of light and air to breeze through the open plan living space.
The best spot, however, has to be the private balcony from the master bedroom, where, at dawn and dusk, the light bounces off the water, reflecting the rainforest in a postcard-worthy scene.
14 Sarina Place, Maroochydore QLD 4558
Price: Offers in the mid-$900,000s
4 bed, 2 bath, 2 car
Agent: Blue Moon Property, Kelly Rowling 0437 443 013
This modern designer terrace house has a gorgeous river frontage, complemented by a spacious deck and the added luxury of a spa from which to indulge in sunset views.
Minimalist and immaculate, the home is a low-maintenance option for those looking to avoid renovations and fussy design.
The open plan living and kitchen area features every convenience, from dual wall ovens to custom lighting, and are designed with entertaining in mind.
2b Admirals Court, Mooloolaba QLD 4557
3 bed, 2 bath, 4 car
Agent: Ray White Mooloolaba, James Goldsworthy 0400 635 141
With an extremely reasonable pricetag, this freehold home features a lovely easterly aspect, with a private entertaining deck almost on the water.
Bright, neat and low-maintenance, the property would make an excellent choice for downsizers, first-home buyers or investors.
Agent James Goldsworthy said the home’s affordability set it apart from other waterside properties in the area.
“It’s a very unique street, it’s the only street of its kind not only in Mooloolaba but that we know of in the region,” he said.
“They’re small lots but they offer entry-level waterfront buying in what is really the heart of Mooloolaba.
“With the canal front there you’ve got access to the spit, so you can go out to the deep water, whether it be in a small boat or a canoe.
“It’s walking distance to shops and if you jump on the bike or get in the car, you’re three minutes from the beach, so it’s a pretty central Mooloolaba location.”
13 Twin Waters Drive, Twin Waters QLD 4564
3 bed, 2 bath, 4 car
Agent: Lydia Kirn Real Estate, Lydia Kirn 0412 542 644
Set on 848 square metres, this property is generously proportioned and features manicured gardens, a pool and all-weather entertaining area outside.
It’s only a few steps across the road before you hit the banks of the river, surrounded by established greenery and parklands.
The house itself is large and homey, a comfortable homestead well-loved by its owner of 18 years and just waiting for a new family to make it their own.
8 Boreen Parade, Boreen Point QLD 4565
Price: Offers over $900,000
4 bed, 2 bath, 2 car
Agent: Choice Property, Nicky Roche 0433 118 575
This charming character home is a gem for those after a piece of historic Queensland design.
Encompassing three separate buildings, the property features a beautifully restored Queenslander, its original 1940s boathouse and the vintage outhouse, now renovated into a studio retreat.
Agent Nicky Roche said the home’s lakefront views along with its updated vintage aesthetic made it a rare find — particularly for this price point.
“It’s 34 metres of lakefront, which is incredibly unique — it’s probably the best aspect of any lakefront property in Boreen Parade,” she said.
“The challenge with those lakefront properties is the properties behind them are quite high, but with this property there’s complete privacy, nobody can look into the back garden at all.
“The deck is one of the salient features; it’s very large and very deep and it overlooks the lake, so you can sit there and enjoy your afternoon cocktails. It has actually got these little lights built into the deck itself, which creates a fairy-light feeling of peace and tranquility.
“It allows you to just sit and be present in nature, while you’re not that far from Noosa Heads.”
Why Noosa is now the strongest property market in Queensland
Noosa is on track to take out the title of Queensland’s best performing property market for 2018, as new figures reveal it has delivered the strongest growth in the state over the past 12 months.
Noosa’s growth eclipsed that of both the Gold Coast and Brisbane, according to data from the Real Estate Institute of Queensland, making it Queensland’s most prestigious property market.
But in the 12 months leading up to June, demand in the area reached new heights – the median house price grew 6.9 per cent to $695,000 and units by an impressive 10.2 per cent to $540,000.
It has been a heady year for the Noosa region – earlier this year a $22 million Sunshine Beach trophy home made headlines when it set a new record for the Sunshine Coast.
By rights, as one the biggest real estate deals in Queensland in recent years, the house at 21-23 Webb Road — a seven-bedroom, eight- bathroom beachfront estate — should have been a jaw-dropping, albeit rare, headline-stealer.
But Noosa was already up in lights. Less than two weeks earlier, Pat Rafter’s $18 million beachfront mansion had gone under contract.
REIQ chief executive Antonia Mercorella said Noosa had all the ingredients for price growth.
“This is a highly desirable part of the world, with stunning natural features, world-class beaches, beautiful climate year-round, outstanding shopping and dining precincts, and, crucially, exclusivity,” she said.
“There is limited housing supply being added to Noosa and competition is obviously driving price growth.
“Looking forward, once the Bruce Highway upgrades are completed and commuting to Brisbane becomes more feasible, it’s likely we’ll see added demand for Sunshine Coast living.
“This area would benefit from greater supply levels, undoubtedly.”
Instead, he said, the region’s infrastructure boom was driving a shift in demographic of Sunshine Coast buyers.
“Billions of dollars have been invested, including transport, tourism and medical sector … the stimulus for growth on the back of these projects is reshaping the traditional buyer profiles,” he said.
The house was snapped up by a mystery buyer in a deal worth more than $10 million and Mr Reed said the momentum of the market had shown no signs of slowing down since then.
“I’ve just listed another incredible Noosa North Shore property at 2 Frying Pan Track and the interest has been very positive with buyers from interstate and internationally,” he said.
“Access to international travel and upgrades to digital infrastructure is enabling younger wealthy industry leaders and expats to buy in Noosa with confidence.
“This has already had a positive knock on effect to the luxury property market in Noosa.
“When you couple this with traditional upward pressure from baby boomers capitalised from southern markets making a lifestyle transition, it’s creating great selling conditions for Spring.”
The rest of the Sunshine Coast region delivered similarly strong results for the year to June 2018.
Overall, the Sunshine Coast local government area grew 6.5 per cent to a median house price of $575,000.
Previous frontrunner the Gold Coast continued its trajectory of strong growth, with the median house price increasing 4.5 per cent to $622,031.
“This is not a completely unexpected result in the post-Games period as we see normal activity resume,” Ms Mercorella said.
The Gold Coast is the biggest apartment market in Queensland, selling more than 10,000 units in the 12 months to June 2018.
It was also one of the few unit markets in Queensland to deliver positive growth, adding a slender 0.9 per cent to values to a median of $429,000.
The Coast area where it’s almost impossible to get a rental
THE Caloundra coastal area is the tightest rental market in Queensland, latest data has revealed.
The Caloundra coast shared the mantle with Gympie for the tightest vacancy rates across Queensland in March, with just 0.5 per cent of rental properties vacant in both areas.
Noosa was the third tightest market in Queensland, with 0.8 per cent vacancy.
The Sunshine Coast hinterland was the easiest place in the region to find a rental property, with 2.2 per cent of rental properties available.
But the figures reflected a slight easing from the Sunshine Coast’s strangled rental market conditions at the end of December, when both Caloundra and Maroochydore sat at 0.4 per cent vacancy.
While the figures are bad news for those trying to secure a lease, Real Estate Industry Queensland CEO Antonia Mercorella said the results were positive for investors after several years of “bleak” market conditions.
Ms Mercorella said the Australian Prudential Regulation Authority should ease restrictions on lending to allow more property investment and increase the number of rental properties available.
“Some of our markets, such as the Gold and Sunshine Coasts, remain uncomfortably tight and we would like to see more investors enter those markets, however APRA’s tightened lending criteria is not encouraging investors to consider property,” she said.
Data from SQM Research up to April 20 revealed rental prices had jumped since the end of last year, with rents for homes up 3.2 per cent and units up 3.7 per cent.
Larger homes in particular have seen significant price growth, with rent prices for three bedroom houses increased 12.3 per cent since April 20, 2015.
QUEENSLAND’S TIGHTEST MARKETS
Sunshine Coast: 1%
Gold Coast: 1.1%
10 QLD suburbs that smashed records in 2017/18
THEY are the state’s high achievers.
The suburbs that have outperformed their peers in the residential property stakes; breaking records for sale price, number of sales, days on market or for smashing through the million-dollar median price ceiling.
Benchmarks have been beaten in blue-chip areas like Ascot, Sunshine Beach and Surfers Paradise, as well as suburbs on the rise, including Kalinga and Underwood.
Records were smashed in at least 10 suburbs across the state in the past 12 months— an indicator of a shortage of stock and increase in demand in a number of competitive markets.
Here are some of Queensland’s benchmark busters of 2017/18:
The standout record-breaker in Brisbane was the sale of the trophy home of Domino’s Pizza boss Don Meij in Ascot.
The $11 million sale price of 27 Sutherland Avenue in March set a new record for the inner-city, blue-chip suburb.
It was also Brisbane’s highest sale of the past financial year.
Patrick McKinnon of Place Ascot, formerly of Coronis Hamilton, brokered the deal and said Mr Meij sold after receiving an off-market offer from a buyer who had fallen in love with the property.
Set on a sprawling 2024 sqm, the lavish home has six bedrooms, six marble ensuites and a jaw-dropping outdoor entertaining space with resort-style gardens, infinity-edge pool, pool house with outdoor kitchen and verandas.
The fastest selling suburb in Queensland is Brendale in the Moreton Bay region, where the median house price is still an affordable $461,000.
It takes, on average, just 11 days to find a buyer, according to CoreLogic.
According to the latest Census data only 14.5 per cent of properties in the suburb are houses. With so few houses available, demand can be strong when something new is listed.
The Sunshine Coast hinterland suburb had the highest number of houses change hands in 2017/18, with 573 houses selling in the 12 months to May, according to CoreLogic.
The owners of a majestic property at 10 Orme Rd, Buderim, that once hosted royalty have embarked on a new push to sell it.
With all the focus on the royal newlyweds of late, it’s only fitting this heritage-listed Queenslander now holds extra appeal, given it was the residence of choice for the Duke of Gloucester during a royal visit in 1934.
The grand residence on 6315 sqm was built circa 1913 on the highest point of the northern slope of Mt Buderim, overlooking the Maroochy coast and river valley.
This Gold Coast suburb made the million dollar club for the first time in 2017/18, with its median house price now $1.05 million.
The sale of a waterfront mansion at 8-10 Marseilles Court this year for $9 million also broke the suburb’s sale price record — trumping the $8 million sale achieved in 2009 for a house in the same street.
The resort-style home has five bedrooms and seven bathrooms and is on a huge, 2703 sqm riverfront block.
REIQ Gold Coast Zone chairman Andrew Henderson said the new record was not surprising given the Coast’s strong market and he was confident property values would continue to soar.
Andrew Stone and his partner, Naomi Freney, recently bought a five-bedroom house, which they renovated, in Bundall for $620,000.
Mr Stone said he considered it a bargain given how tightly-held the suburb had become and the increase in house prices.
“I think we probably hit pot luck with that place,” Mr Stone said.
“People had been saying that area was going to go up 20 years ago and all of a sudden, it’s growing and there’s not a lot of turnover anymore.”
Ben Latimer of LJ Hooker Southport said Bundall’s transformation into a record-breaking suburb had happened gradually.
“It’s desirable because it’s so close to everything and there’s a good mixture of waterfront and dry blocks,” he said.
Paul Nikolas agrees.
He’s been buying, renovating and selling homes in Bundall for the past six years.
The last house he sold there earned him a profit of around $700,000.
He’s now selling his latest project at 19 Donegal Crescent for a cool $3.995 million.
“I’ve found a niche market here — nice, older properties on the water,” Mr Nikolas said.
The inner Brisbane suburb achieved a new sale price record when a landmark house sold for $5.025 million just last month.
Designed by architect Eric Trewern, the English-inspired home known as Thongabel at 4 Welwyn Crescent captures views of the entire Brisbane City skyline.
The five-bedroom, three storey house had been renovated with architectural features including Tulip Oak timber floors, Italian tiles and travertine.
Other highlights included a library, gym, climate controlled wine cellar, formal office, heated lap pool, heated horizon spa and outdoor space for kids to play.
Just 4km from the CBD and with a number of good Catholic and private schools on offer, Coorparoo has become one of Brisbane’s most sought-after suburbs.
The median house price sits at $875,000, according to CoreLogic.
The tiny, up-and-coming suburb in Brisbane’s inner north made it into the million dollar club for the first time in 2017/18.
Its median house price broke through the $1 million barrier in late 2017 and currently sits at $1.04 million.
In November, 2017, records show the offmarket sale of a house at 119 Nelson Street for $4 million set a new price record for the suburb.
Brisbane’s bayside is a sleeping giant only held back by lack of stock, according to one of Manly’s leading agents.
The suburb set a new sale price record for both houses and units in the past financial year.
Marc Sorrentino of Place Manly recently sold a unit in the seaside suburb for a whopping $1.2 million — smashing the previous record price paid for an apartment there by $345,000.
A couple from Sydney snapped up the luxurious three-bedroom, two-bathroom pad at 301/177 Melville Terrace, which had been advertised for offers over $1.1 million.
The median unit price in Manly, just 15km from Brisbane’s CBD, is $485,000, according to property research firm CoreLogic.
Late last year, Mr Sorrentino sold a family home on a huge, waterfront block at 497 Royal Esplanade for $3.9 million — smashing the suburb record for the sale price of a house.
“I keep saying it’s Australia’s best kept secret, but you watch. The prices are just going to keep going up and up and up,” he said.
“There’s just been a lack of good stock.”
The sale of a beach house in Sunshine Beach for $18 million in March set a new price record for the entire Sunshine Coast region.
The seven-bedroom, eight-bathroom property at 21-23 Webb Road was bought by David Russell, the owner of private equity group Equis Energy.
Just streets away, former tennis star Pat Rafter’s beachfront home sold for $15.2 million to Betty’s Burger founder David Hales, within weeks of the Webb Road sale.
A whopping 1398 units were sold in the Gold Coast’s glitziest suburb in the past financial year — more than any other property type in any other suburb.
It seems only fitting then that the most expensive penthouse Queensland has ever seen is under construction in Surfers Paradise.
Priced at a whopping $41m and spread across two full floor levels, the highest home in the $1.2 billion Spirit 89 building easily tops the list of Queensland’s most expensive penthouses.
The 1899sq m sky home will also be one of the largest in the country, almost twice as large as Hong Kong billionaire Tony Fung’s $7.95 shell of a penthouse in the Soul building, and just a fifth smaller than the hyper-exclusive Boyd Residence above ANZ Tower in Sydney — which at $66m is Australia’s most expensive penthouse.
“Without the spire on Q1, it is the tallest residential building in Queensland,” agent Julian Sutherland of Ray White Projects told The Courier-Mail.
The working class suburb in Brisbane’s south experienced the highest capital growth in Queensland in the past 12 months.
The Logan suburb’s median house price climbed nearly 25 per cent to $601,345 in the past financial year.
Underwood’s median house price also jumped a massive 65.6 per cent between May 2008 and May this year — the highest growth of any Brisbane suburb in the past decade.
CoreLogic senior research analyst Cameron Kusher told The Courier-Mail it was “a bit surprising” given the suburb’s location, 17km from Brisbane’s CBD, but its affordability and access to the highway and Gold Coast made it attractive.
“But its median (house) price is now up over $600,000, so it’s not really that cheap anymore,” Mr Kusher said.
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