Anyone who reads the newspaper knows the housing market has been hot over the last few years, but this Noosa villa might take a prize as one of the fastest-appreciating properties in Australia. The property at 47 Mossman Court, Noosa Heads, has jumped nearly six times in price over the last half-decade, which even when taking into account the construction of an entirely new dwelling is an eye-watering figure.
According to publicly available records, the Noosa property was sold in late 2017 for $4.2 million (after last being traded in 2008 for $4 million) before the original weatherboard home was demolished and replaced by a Paul Clout-designed luxury villa with 572sqm of living space. The home was then purchased in 2020 by Hancock Prospecting executive Dan Wade for $10.9 million, who is understood to have used it as his holiday home for just over two years, before he listed the property for sale in December 2022 for $23.9 million.
The deep-pocketed new owner is Sydney socialite Jaclyn Gazal who purchased the property, after just 12 days on the market. While its courtyard pool and 20m strip of private white-sand riverfront are features anyone would love to wake up to in the morning, the skyrocketing value of 47 Mossman Court, Noosa Heads, far outstrips the already white-hot Noosa property market that has already seen the median house price jump 310% since 2015.
