Australian First (and Last) in Noosa, Queensland, Australia

In the heart of Noosa Heads an Australian first is in the making with a new residential community bringing the country’s most acclaimed architects together to produce a range of one off architectural masterpieces, offering residents the ultimate home in a prestigious coastal world-class community.

Marketing Director for the residential development, Clint Willoughby says the Elysium Noosa community is not only an architectural showcase, but also a very rare opportunity for those wanting to reside in what is arguably Australia’s best beachside location.

“Elysium sits in the heart of Noosa on one of the very last pieces of land released for residential development in the area.

“No two homes are the same. This is a fully architecturally designed community – from the houses to the streetscapes and leisure facilities – every square metre is being scrutinised to ensure design perfection, with nothing left to chance,” Mr Willoughby said.

Set on 27 lush hectares in the heart of Noosa, the AUD 400 million, 189 home community includes established native vegetation, landscaped grounds, children’s play areas and luxurious community and spa facilities. The $A6 million residents’ Club House will include lap pools, tennis courts and numerous recreational classes and workshops.

Noosa itself is the ultimate destination for those after a year-round sun-drenched cosmopolitan beach lifestyle. Its world class beaches are north facing with several adjoining the spectacular Noosa National Park, its fine dining and local architecture have been highly awarded worldwide, and a heavenly climate (the average winter water temperature is a mild 19 degrees Celsius) and wonderful shopping along the world famous Hasting Street strip just add to the area’s magical flavour.

But you will have to be quick because as residential opportunities in the area are limited.

The local Noosa council maintains a strict population cap of only 61,000 residents and Noosa is already home to around 50,000 residents.

Given the population cap, it’s easy to see why Noosa and the Sunshine Coast region also continue to outperform most Australian property in terms of value and capital gain.

A recent market overview report, by the   last financial year achieved capital gains of up to 40 percent in just 12 months. On top of that, Noosa Heads is still the top real estate performer in the Noosa Shire, with the median sale price of homes in Noosa Heads 40 percent higher than the median sale price across the entire Shire.

The Matusik report also highlighted that seaside communities like Noosa appear to be recession proof. During 1983, the early 1990s, 1995 and 2000, the Australian residential market experienced downturns and non-coastal residential property made losses, whereas seaside property grew in value.

Matusik says that when looking to buy in a coastal location, proximity to a major urban environment, having lifestyle and entertainment facilities close by and the presence of pristine surroundings ensure strong capital growth potential.

Information Supplied by: Elysium Noosa