Queensland property record shattered by landmark $40m Noosa waterfront sale

The property in Noosa which has smashed records Source: The Australian A couple has paid $40 million for a Noosa Heads waterfront property, shattering Queensland’s residential sales record previously held by mining magnate Gina Rinehart. The mega sale eclipses Rinehart’s $34m purchase in nearby Sunshine Beach in 2021. It comes at a time when the property market across the country is slowing, with recent tax changes, rising higher interest rates and lower buyer confidence. A couple has paid $40 million for a Noosa Heads waterfront property, shattering Queensland’s residential sales record previously held by Gina Rinehart. Source: The Australian The property, at 32-34 Noosa Pde, Noosa Heads includes a 1980s-vintage home on a 1,222sq m block with two private jetties. Agent Tom Offerman of his self-titled real estate agency handled the sale. “This purchase along Noosa Pde for $40m marks another milestone in Noosa’s amazing property story,” he said. MORE NEWS: Prime North Qld ‘supersite’ hits the market Revealed: Aus suburbs that won’t crash ‘It’s unfair’: Aussie renters locked out of solar 32-34 Noosa Parade in a Google street image. The unit block on the right has since been demolishe...