Absolute Riverfront To Be Auctioned In Noosa
One of Noosa’s most coveted addresses is on the market.
2 min
Owning a coveted pile on the riverfront stretch of Noosa Parade is a rarity with only 36 homes built. However, one luxurious residence — with 20-metres of absolute waterfront and gun-barrel views across the Noosa River, is headed to auction.
The two-storey, 7-bedroom, 4-bathroom, 2-car garage home sits atop 611sqm with 661sqm of living space and boasts soaring double-height ceilings, white beech timber flooring and ceiling and screen battens throughout.
Using predominantly neutral tones within, the home sees accents of rosewood detailing, spotted gum custom joinery and an eye-catching floor-to-ceiling wall in various polished coloured concrete finishes as a feature.
Boundless multiple living and dining areas form the heart of the home, with the kitchen, replete with its green Brazilian granite island breakfast bar and stainless-steel benchtop and European appliances making it an entertainer’s delight.
Giving access to the residence’s idyllic surrounds are banks of gas-strut windows and disappearing sliders stretching the width of the northern side of the home.
It’s through the home’s extensive use of glass that it blurs the lines of indoors to out, featuring an expansive entertaining terrace with bar, outdoor kitchen and adjustable shutters for privacy. Additionally, the alfresco dining area is replete with pool and spa — suspended from the terrace no-less.
From the timber river terrace that extends from the garden and sandstone edged revetment one can launch paddle-boards, canoes or just relax by night. The absolute waterfront access is paired with a private jetty.
Within the home comes a media room — with doors opening to the main terrace, alongside two generous-sized bedrooms and a bathroom along the eastern side.
Elsewhere a staircase, with wedge-shaped sandy textured treads leads to a mezzanine-style podium of repurposed timber from Brisbane’s Hamilton wharves.
Up the stairs is the remainder of the accommodation, with three bedrooms and a bathroom accompanied by another master-style bedroom with walk-in-robe and ensuite. Additional to these lavish appointments comes the master retreat, with a sitting room space, office area, ensuite, and walk-in-robe all found here.
Everything with the home is inclusive, including the custom furniture, artworks and even the kitchen crockery.
The home is superbly positioned, only a five-minute walk to Hastings Street’s beachside restaurants, cafes and bars.
The listing is with Tom Offermann (0412 711 88) and is headed to auction, Saturday 18 June. Offermann.com.au
Consumers are going to gravitate toward applications powered by the buzzy new technology, analyst Michael Wolf predicts
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Ray White’s chief economist outlines her predictions for housing market trends in 2024
2 min
Ray White’s chief economist, Nerida Conisbee says property price growth will continue next year and mortgage holders will need to “survive until 2025” amid expectations of higher interest rates for longer.
Ms Conisbee said strong population growth and a housing supply shortage combatted the impact of rising interest rates in 2023, leading to unusually strong price growth during a rate hiking cycle. The latest CoreLogic data shows home values have increased by more than 10 percent in the year to date in Sydney, Brisbane and Perth. Among the regional markets, price growth has been strongest in regional South Australia with 8.6 percent growth and regional Queensland at 6.9 percent growth.
“As interest rates head close to peak, it is expected that price growth will continue. At this point, housing supply remains extremely low and many people that would be new home buyers are being pushed into the established market,” Ms Conisbee said. “Big jumps in rents are pushing more first home buyers into the market and population growth is continuing to be strong.”
Ms Conisbee said interest rates will be higher for longer due to sticky inflation. “… we are unlikely to see a rate cut until late 2024 or early 2025. This means mortgage holders need to survive until 2025, paying far more on their home loans than they did two years ago.”
Buyers in coastal areas currently have a window of opportunity to take advantage of softer prices, Ms Conisbee said. “Look out for beach house bargains over summer but you need to move quick. In many beachside holiday destinations, we saw a sharp rise in properties for sale and a corresponding fall in prices. This was driven by many pandemic driven holiday home purchases coming back on to the market.”
3 key housing market trends for 2024
Here are three of Ms Conisbee’s predictions for the key housing market trends of 2024.
Luxury apartment market to soar
Ms Conisbee said the types of apartments being built have changed dramatically amid more people choosing to live in apartments longer-term and Australia’s ageing population downsizing. “Demand is increasing for much larger, higher quality, more expensive developments. This has resulted in the most expensive apartments in Australia seeing price increases more than double those of an average priced apartment. This year, fewer apartments being built, growing population and a desire to live in some of Australia’s most sought-after inner urban areas will lead to a boom in luxury apartment demand.”
Homes to become even greener
The rising costs of energy and the health impacts of heat are two new factors driving interest in green homes, Ms Conisbee said. “Having a greener home utilising solar and batteries makes it cheaper to run air conditioning, heaters and pool pumps. We are heading into a particularly hot summer and having homes that are difficult to cool down makes them far more dangerous for the elderly and very young.”
More people living alone
For some time now, long-term social changes such as delayed marriage and an ageing population have led to more people living alone. However, Ms Conisbee points out that the pandemic also showed that many people prefer to live alone for lifestyle reasons. “Shorter term, the pandemic has shown that given the chance, many people prefer to live alone with a record increase in single-person households during the time. This trend may influence housing preferences, with a potential rise in demand for smaller dwellings and properties catering to individuals rather than traditional family units.”
Consumers are going to gravitate toward applications powered by the buzzy new technology, analyst Michael Wolf predicts
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
