An opulent mansion that changed hands for almost $30 million has highlighted the competition for luxury oceanside properties.
No. 7/56 David Low Way, at Sunrise Beach, is believed to be the region’s top-selling house of 2025 and Sunrise Beach’s highest ever selling home.
While its exact cost has not been disclosed, Tom Offermann Real Estate confirmed it was “very close” to the asking price of $28.5 million.
Agent Tom Offermann said the sale emphasised how much cashed-up buyers are prepared to spend to get their own slice of paradise by the waves.
“This result reinforces what we have seen consistently – a flight to quality, scarcity-driven values and strong competition for absolute beachfront homes,” he said in a media release.
“Buyers at this level are decisive when something genuinely world-class becomes available.”
The three-level 775sqm property, dubbed ‘Maravilla’, boasts ocean views, contemporary architecture and premium materials.
It has six bedrooms, six bathrooms, two car spaces, direct beach access, terraces, pool and spa, entertainment room, dressing room, designer kitchen, butler’s pantry, bar and cellars, gymnasium, sauna and smart home system.
It’s within an exclusive enclave of eight luxury beachfront homes, which are rarely offered to the market.
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“Maravilla is a generational, irreplaceable offering – brand new, absolute beachfront, architecturally striking and finished without compromise,” Mr Offermann said.
The property was reportedly sold to Shark Tank Australia investor Maxine Horne, according to the Courier Mail. It changed hands at the end of 2025 – a year of big sales in the area.
Tom Offermann Real Estate was involved in sales totalling more than $600 million. Some of the most significant were: 45 Witta Circle, Noosa Heads, for $18m; 78 Noosa Parade, Noosa Heads for $16.95m; 92 Hilton Terrace, Noosaville for $16.5m and 2/1-7 Bayview Road, Noosa Heads for $15m.
Mr Offermann expected luxury homes in the Noosa area to continue to command top dollar.
“I expect another year of constrained supply meeting deep, diversified demand,” he said.
“Listing volumes should remain tight, new construction is limited, planning and environmental constraints keep a lid on fresh stock and many owners are choosing to hold.
“Interest rates appear to be at the bottom of this cycle, with a chance of some modest re-tightening, but the bigger driver is Australia’s chronic housing shortage and the ongoing flight to quality.
“Premium coastal assets should continue to outperform as buyers prioritise.
“Price growth is likely to be steady rather than explosive, with the A-grade properties drawing multiple bidders and shorter days on market.
“Demand will remain roughly half local and half from interstate and overseas, reinforcing the area’s long-standing position as the ‘affluent northern suburb’ of Sydney, Melbourne, and Brisbane.”
He said the Noosa luxury home market was “not the most affordable”.
“And that gap may widen,” he said.
“However, for buyers who can afford it, the value proposition, safe, sophisticated living in an amenable subtropical climate, remains compelling.
“Expect continued upward pressure on values, solid clearance rates at auction, and a clear premium for turnkey, well-presented homes and apartments.
“In short: fewer opportunities to buy, strong competition for the best ones and a market that rewards quality.”
Read the stories: Coast property 2026 outlook and Shift in property trends in coastal hotspots
The agency’s 2025 review detailed why Noosa continued to attract big spenders.
“Its rare combination of natural beauty, charm and idyllic climate is impossible to replicate,” the report stated.
“From the beaches to lush hinterland and world-famous Noosa National Park, the harmony between nature and sophistication continues to enchant.
“(It has) a lifestyle that’s unmatched anywhere in Australia.”
Real estate expert REA Group senior economist Eleanor Creagh confirmed the area would continue to see increased home prices, but at a slower rate.
“Noosa’s premium suburbs are still rising,” she said.
“But they’re no longer the growth leaders, as more affordable parts of Queensland have seen stronger lifts over the past year.
“In both Noosa Heads and Sunshine Beach, units are outperforming houses with affordability constraints at work, even in prestige postcodes.
“For 2026, we expect continued growth in Noosa’s luxury suburbs, but at a more measured pace.”
Stats from property experts Cotality show the top performing suburbs on the Sunshine Coast and Noosa were at Sunshine Beach (median value was $2.57m, 75th percentile was $3.48m, change in values over 12 months was 13 per cent), Castaways Beach ($2.35m, 2.90m, 16.8 per cent) and Noosa Heads ($2.34m, $3.2m, 11.5 per cent).
Auction results
28 Paul Place, Glass House Mountains
- Sold under the hammer for $1.16m
- 4 bed, 2 bath, 4 car
- Ray White Mooloolaba, Steven Allen
4 Reedlark Place, Parrearra
- Sold prior to auction for $1.2m
- Ray White Mooloolaba, Will Van den Dungen
4/73 Sixth Avenue, Maroochydore
- Sold after auction for $1.5m
- 3 bed, 2 bath, 2 car
- Ray White Maroochydore, Rueben Park
9 Bribie Place, Mountain Creek
- Passed in, offers from $1.2m
- 4 bed, 3 bath, 2 car
- Ray White Mooloolaba, Michael Chapman
71 Mons School Road, Mons
- Sold under the hammer for $1.065m
- 3 bed, 2 bath, 2 car
- Ray White Mooloolaba, Kirstin Cowie
2/1A Palkana Drive, Warana
- Passed in, on the market for $2.49m
- 4 bed, 3 bath, 2 car
- Define Property, Ross Cattle
3/30 Goonawarra Drive, Mooloolaba
- Sold for $710,000
- 2 bed, 1 bath, 1 car
- Define Property, Ross Cattle
