Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Noosa

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The Melbourne-based businessman Andrew Abercrombie has emerged as the $6.9 million buyer of a Noosa apartment.
Overlooking Laguna Bay, the three bedroom apartment is one of the only whole floor apartments on the beachfront and Hastings Street.
It features its own media room and was marketed by Tom Offermann at Tom Offermann Real Estate as a lavish penthouse-style apartment, offered fully furnished.
It had been a $1,125 a night rental.
The unit in the pricey Twenty Three Hastings block on the popular tourist strip tracked sideways having last traded for $6.9 million in 2015.
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.
Noosa is a little further to travel for Abercrombie and wife Shadda than Portsea, where they retain a clifftop holiday home.
This article first appeared in The Weekend Australian.
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Businessman Andrew Abercrombie emerges as $6.9 million Noosa apartment buyer 

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Cintamani, the redundant Noosa hinterland weekender of US-based music producer and songwriter Mike Chapman, has sold for $4.25 million through Tom Offermann Real Estate agents Eric Seetoo and Tom Offermann.
Chapman bought for the 35 hectare property just over a decade ago for $8 million. He was willing to take $5.7 million last year.
Cintimani was built by Austrian tennis champion Thomas Muster in the mid-1990s, so of course features a championship tennis court.
Is it a replica of centre court at Flushing Meadows in New York, home of the US Open. The net posts were once installed at the All England Club in Wimbledon.
The single level, five bedroom retreat offers over 1,400 sqm of living space.
The music room and studio were sure to be a driving force behind Chapman's purchase, who famously helped pen Tina Turner's hit song Simply the Best.
Muster paid $1 million for the parcel in 1994 and sold his newly built home for $7.6 million in 2002 to Stephen Walker, the co-founder of debt collection agency Collection House, and his wife Sue.
Offermann indicated the iconic Noosa country estate was selling for substantially less than replacement costs.
This article was first published in The Weekend Australian.
 
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jchancellor-FAypfDUnLy

Cintamani, the Noosa hinterland trophy estate, sells

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The whispers that Sydney identities Anthony Bell and Kelly Landry had bought a Noosa waterfront home have been confirmed.

But the story behind the big purchase on Hideaway Island suggests the family are now seeking to turn the page on their tumultuous maritial breakdown.

They were the mystery $10.3 million buyers on Noosa Sound, which set a then record price for the Queensland town late last year.

“Kelly and I have purchased the house in Noosa as she and the kids have moved up there," Anthony Bell advised.

<img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/9/bell2.jpg">

"I travel up there on the weekends and I can happily report Kelly and I are working as a team to co-parent our beautiful children, who love the area and are enrolled in a local school."

The couple have two young daughters, one at primary school and one at pre-school.

“Anthony and I are in the happy position of being co-parents and focussing our energies in our children to ensure they can enjoy a happy upbringing in this beautiful part of Australia," Landry added.

The recently built house on two parcels was rated HIA Queensland home of the year when built with concrete, steel, timber, stone and glass.

Designed by Paul Clout and spanning over 800 sqm of living space, the home has six bedrooms, six bathrooms, an award winning kitchen, study, media room and self-contained caretaker wing. 

There are a number of internal courtyards integrating indoor and outdoor living.

A 25 metre solar heated infinity pool and outdoor kitchen overlooks the 45 metres of water frontage which features a private sandy beach, two jetty's and a boat ramp.

<img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/9/bell%203.jpg">

The waterfront sale was secured by Tom Offermann Real Estate agent John Dover, who had an $11.9 million price guide.

Last weekend The Sunday Telegraph reported their make peace endeavours. 

Their family home at Watsons Bay has been sold for around $18 million to the Calligeros hotelier family with Bell living as a bachelor in a clifftop Dover Heights home he bought off Channel 7 television personality Larry Emdur for $11.5 million.

The Noosa agent John Dover said he had multiple buyers submitting eight digit contracts.

"We meet a lot of people who lament not buying here years ago, and I am certain that history will repeat itself," he said.

"It is an expansive home with lavish detailing that bathes the home in vibrant tropical tones," Oliver said.

The sale eclipsed the record set by the Offermann team when a beachfront home on Sunshine Beach fetched $9.3 million. The buyer was Australia's richest female executive Maxine Horne.

Since then there have been sales of Pat Rafter's iconic seven-bedroom, five-bathroom house located on exclusive Seaview Terrace at Sunshine Beach.

Another of the recent sales was an apartment in Hastings Street that fetched $6.9 million.

The article was first published in The Sunday Telegraph.

<h2>Queensland properties selling now:</h2>

[smartcode_project:default project_id=94811]

[smartcode_project:default project_id=24412]

[smartcode_project:default project_id=94830]
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Anthony Bell and Kelly Landry buy at Noosa

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A Noosa Heads penthouse overlooking the waterways has been listed for $3.85 million.
The penthouse in the tightly held Riverlight block of 22 is part of the award-winning Settlers Cove.
The predominantly owner-occupied complex is surrounded by tropical gardens with secluded swimming pool. Being part of the complex offer residents an on-call water taxi.
Spanning <a href="https://www.realestate.com.au/property-unit-qld-noosa+heads-124189262" target="_blank">490 sqm of indoor and outdoor living</a>, the penthouse has three bedrooms, each with ensuite and terrace access.
There are three sheltered terraces, as well as a roof terrace, home office and a movie room.
<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/2017/12/8/noosa1.jpg" alt="">
There's an 11 sqm lockable store room with Wine Cave.
Tom Offermann and Julie Bengtsson at Tom Offermann Real Estate are marketing the property 
 
 
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jrobinson-rf4aSBido9

Riverlight penthouse at Noosa Heads listed for $3.85 million

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A Noosa Hill new home has been cleverly designed by Annette Warner to take in as much of the surroundings as possible.
The 1 Natasha Avenue home has effectively been built on concrete beams for it to hover over the natural environment, framing the backdrop of Laguna Bay and the Noosa River.
<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/2017/11/28/Noosa2.jpg" alt="">
Set on a 1320 sqm waterfront parcel, the home with private lift has four bedrooms, four bathrooms and two loggias that look out across the landscape.
The dining space overlooks the plunge pool and sun deck.
<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/2017/11/28/Noosa3.jpg" alt="">
It is being marketed as jewel in the crown on Noosa Hill by Tom Offermann at Offermann Real Estate.
He said it is amongst the most exquisitely designed houses he has taken to market in Noosa.
Its $6.25 million asking price will comfortably double the street record, set when the property sold for $2.8 million in 2003, well before the new build.
This article was first published in The Weekend Australian.
 
 
 
 
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Noosa Hill home hovering over the natural environment for sale

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A Noosa waterfront home has just sold for a suburb record, at an undisclosed price set to over $10 million.
The <a href="https://www.realestate.com.au/property-house-qld-noosaville-124707310" target="_blank">Wyuna Drive waterfront</a> sale was secured by Tom Offermann Real Estate agent John Dover, who had an $11.9 million guide.
It eclipsed the record set by the Offermann team last year when a beachfront home on Sunshine Beach fetched $9.3 million. The buyer was Australia's richest female executive Maxine Horne.
The recently built house on two parcels was rated HIA Queensland home of the year.
<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/2017/11/21/Noosa2.jpg" alt="">
It was built with concrete, steel, timber, stone and glass.
Designed by Paul Clout and spanning over 800 sqm of living space, the home has six bedrooms, six bathrooms, an award winning kitchen, study, media room and self-contained caretaker wing. 
There are a number of internal courtyards integrating indoor and outdoor living.
A 25 metre solar heated infinity pool and outdoor kitchen overlooks the 45 metres of water frontage which features a private sandy beach, two jetty's and a boat ramp.
<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/2017/11/21/Noosa4.jpg" alt="">
Dover said the market must be strong, with multiple buyers submitting eight digit contracts.
"We meet a lot of people who lament not buying here years ago, and I am certain that history will repeat itself," he said.
"If you can do it, why wouldn't you want to live here, even if it's just as a second home?"
Tom Offermann principal Tom Offermann said over the past six weeks his company's top eight sales had an average of $5,955,000, although suggested there's more to Noosa than the top end of the market.
"It's not just the prestige properties that buyers are targeting, and there are good opportunities for buyers at all levels who want to invest or live here," Tom said.
"It was raining cats and dogs here last Saturday which you would expect to dampen sales, but by nightfall more than $15 million in contracts were consummated by our agents."
One of the recent sales was an apartment in Hastings Street that fetched $6.9 million at auction.
 
 
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Noosa record smashed with $10 million plus sale

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The owners of Noosa’s renowned Sails Restaurant have listed their prime waterfront site, with expectations of $11 million.
Lyndon Simmons has listed the restaurant and wedding venue on Hastings Street through agent Tom Offermann, according to The Australian.
The two-storey restaurant tucked in a protected corner of Noosa’s Main Beach was developed on freehold land more than two decades ago.
The operation will continue with a 10-year lease in place and three possible five-year extensions.
“It’s not your usual commercial property and it’s not going to appeal to the hard-nosed commercial investor looking purely at immediate return on investment," Tom Offermann said.
“The person to whom it will appeal will be the investor who can see this location will always have a tenant because there will always be restaurateurs wanting one of the best restaurant sites in the country, and someone for whom a legacy property appeals.”
Trading conditions for businesses and tourism have been strong over the past three years in line with visitor numbers increasing.
Herron Todd White reported an upgrade to Hastings Street about four years ago improved foot traffic and there has been ­little retail vacancy since the amenity boosts.
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Noosa's Sail Restaurant listed with $11 million hopes

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A premier six bedroom property known as Cintamani in the Noosa hinterland has been repriced to $5.7 million.
The elevated single level residence at <a href="https://www.domain.com.au/430-sunrise-road-tinbeerwah-qld-4563-2013141176" target="_blank">430 Sunrise Road</a>, Tinbeerwah, is located 15 kilometres from Noosa. 
It offers panoramic views of Noosa Heads, ranging from the coastline to Double Island Point, and the waterways of Noosa River.
Positioned on 35 hectare estate, highlights include a secure gated entry opening on to a long private driveway, chefs kitchen, helipad, tennis court, cinema and commercially equipped bar.
The grounds provides landscaped botanical gardens, an established nursery, barbecue pavilion, poolside terraces, fully equipped gym, billiard room, machinery sheds and separate maids quarters.
The property was last sold in 1994.
Garvan Institute chief operating officer Philip Knox and wife Marianne recently sold Lagoona House, their contemporary Noosa Heads weekender.
Australia's 7-Eleven co-founder Beverley Barlow and husband Douglas recently sold their Paul Clout designed Noosa waterfront that cost the couple $535,000 in 1999.
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Premier hinterland property Cintamani listed at reduced price

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<img src="https://counter.theconversation.edu.au/content/74239/count.gif?distributor=republish-lightbox-advanced" alt="The Conversation" width="1" height="1">
GUEST OBSERVER
When we think of coasts, we are likely to think about the great sandy beaches that have been the destination for many day trips and long weekends.
At times these spaces have been sources of contestation, especially in areas of public access and codes of conduct. However, behind the sand dunes are other landscapes with deep histories of social conflict.
Moments from coastal pasts have had a major impact on how we see different coasts today. They feed into distinct ideals and ethics on place, especially in terms of how it is developed.
Noosa Heads versus Surfers Paradise
Noosa Heads is a prime example of this. Noosa’s history during colonisation includes a number of difficult stories to tell. Examples include the contentious tale of the rescue of Eliza Fraser, or the fate of the traditional owners, the Gubbi Gubbi people, at the hands of the colonial settlers and the native police.
Yet it was in the 1960s when modern conflict over land use really took shape in Noosa. A proposal by the developer T.M. Burke to build a resort at Alexandria Bay created a stir among locals. The local shire was set to build an access road around the headland, destroying well-trodden walking tracks.
A group led by local Arthur Harrold fought this proposal and formed the still-operating Noosa Parks Association. Thus began a long-standing fight against over-development, mining and other impediments to what residents saw as the natural beauty of the coast. This included the Cooloola Conflict and the now-famed resistance to high-rise development.
While there are elements of conservationism here to consider, these conflicts arose in a bid to keep Noosa low-key, with a slower mentality and authentic natural surrounds. Today, these ethics of authenticity are firmly embedded in planning regulation, illustrating the strength of local resistance past.
Noosa residents’ key fear in the 1960s and ’70s was losing their sense of place to the different ideals embodied in another coastal mecca, Surfers Paradise. Like Noosa, Surfers has a long history of conflict. Yet this place developed much differently due to several key factors.
Arguably, the significant turning point was in 1925 when Jim Cavill bought the then Elston Hotel and renamed it the “Surfers Paradise” hotel. Cavill and his wife proceeded to turn the coastal setting into something more than a place to bathe or surf.
Alongside the hotel, they built a zoo full of exotic animals that gave the place a peculiar flavor. Having been influenced by the American example of how to develop coasts, Cavill exhibited a desire to construct Surfers Paradise as an exotic international resort. However, due to the war in the Pacific, Surfers Paradise was restricted by building codes, frustrating locals who were eager to begin making the space bigger.
Shortly after the war, the codes eased and developers flocked to the “Golden Coast”. In the course of development, local leaders such as the progress association often came into conflict with governance.
In the example of parking meters, this led to the controversial meter maid scheme, which further established Surfers Paradise’s theme as an overtly transgressive and sexualised place.
Conflicts of a climate-changed future
In both spaces, conflicts have continued into contemporary times.
Recently, for instance, the fight against the proposed Southport Spit development has again drawn locals into conflict with authorities. Such fights against development continue up and down our coastlines. These are mostly driven by the desire to maintain a specific lifestyle and aesthetic appeal.
However, early critics of coastal development saw other concerns about coastal development. For instance, in 1879 a journalist for The Gympie Times, while contemplating the construction of Noosa and Tewantin, wondered about the location of the village and whether one day seawater might be running between you and your neighbour.
While we have different motivations for maintaining or developing our coastal places, we seem to neglect discussions about the risks of living so close to the ocean.
As we approach a climate-changed future, issues of sea-level rise and coastal flooding are going to challenge our thinking about coasts.
History has shown that several of our coastal meccas are already susceptible to significant damage from storms and cyclones. We scramble to rebuild following these events, but few debates are had about retreating away from the sea.
As we continue into that risky climate-changed landscape, however, we might see new players like insurance companies become increasingly important.
Already in the tropics, insurance premiums have caused a stir politically and in the media. In the future, though, we may need to consider to whether we have to redefine our relationship with coasts as they become more risky places to live.
Nick Osbaldiston is senior lecturer in Sociology, James Cook University and author for The Conversation. He can be contacted <a href="https://theconversation.com/profiles/nick-osbaldiston-9802" target="_blank">here</a>.
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Contested spaces: conflict behind the sand dunes takes a new turn

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Victorian horse racing owner/breeder Peter Carrick and wife Trish have listed their award winning Noosa riverfront home through Adrian Reed at Dowling &amp; Neylan Real Estate.
The contemporary house by award-winning designer Chris Clout cost them $3.45 million in 2010.
They bought it from Chris's parents Peter and Janet Clout, who had paid $345,000 for the 779 sqm waterfront parcel before commissioning their son to design the home.
The only request the parents had was that it had four bedrooms with a relaxing holiday vibe.
Designed to have an Asian resort presence, the home features an indoor pebbled garden, bamboos and tropical gardens.
This article first appeared in the Weekend Australian's Mansion Australia section.
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