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Market News

Bold new Palm Beach home notches up landmark sale

Story: News Corp Australia // 18 May 2022, 5:20pm

An edgy new build in Palm Beach was snapped up for $3.6m ahead of auction by interstate buyers who had not yet set foot inside the luxury Queensland home. The sale set a new record as the highest price paid for a non-waterfront residential house in the sought-after southern Gold Coast enclave. Marketing agent Katrina Walsh, of Harcourts Coastal Prestige, said the Melbourne-based buyers were drawn to the luxury home’s avant-garde design, which was itself inspired by contemporary architecture more commonly seen in the southern state’s capital city.

Known as Onyx, the multi-level masterbuilt and engineered home’s dark and broody good looks had created a sensation as soon as it was listed ten days prior. “The product had attracted so many buyers, and with the intense amount of inquiry received and so many people already inspecting the property, our Melbourne buyers started to commit straightaway,” Ms Walsh said.

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