Buyers behind the Coast’s most expensive sales included Ross Jurisich (top R) and Clive Palmer.
Mining magnates, media personalities, beer brewers and bookmakers were among a colourful cast of buyers behind the Gold Coast’s biggest residential sales of the financial year.
Together, they splashed a total of more than $400m on the 27 most expensive homes that changed hands in the past 12 months.
Glitzy oceanfront mansions, canal trophy homes and luxury beachside penthouses caught the eye of these cashed-up buyers, during one of the most extraordinary years in property history.
Every sale that made the list was priced at $10m or more, as the appetite for lifestyle destinations along the southeast coastline pushed home values to dizzying new highs.
The Coast’s biggest sale of the 2021/22 year was a glamorous three-level riverfront home on the Isle of Capri, Surfers Paradise.
Hedges Ave — otherwise known as Multimillionaire’s Row — claimed many of the year’s top sales
The $26.88m sale went under contract in October 2021, although the off-market deal was negotiated a year earlier.
It was sold by Kool Kids early learning centre founder Bruce Coulson and his wife, Carolyne, to Sydney-based buyer, Yao Zhang.
Big-name buyers of other big-ticket sales included businessman Clive Palmer, who dropped $20m on a Sovereign Islands mansion owned by German superyacht-builder Klaus Lilischkie.
And former radio host Alan Jones snapped up a $12.25m Southport estate from Brett and Rebecca Frizelle, founders of the Frizelle Automative Group and co-owners of the Gold Coast Titans NRL Club.
Similar to previous years, the cash splash continued along Mermaid Beach’s Multimillionaires’ Row.
A beachfront home at 213 Hedges Ave formerly owned by Harvey Norman Queensland boss, Stephen Cavalier, fetched $21.75m.
ComputerShare founder Chris Morris’ former Mermaid Beach home
It was purchased by Stone & Wood Brewing Company director, Ross Jurisich, and Light Years Skin Studio founder, Megan Jurisich.
Pub owner, tourism entrepreneur and Computershare co-founder Chris Morris also sold his Hedges Ave mansion for a hefty $21m.
Amir Prestige principal Amir Mian said the Gold Coast’s most exclusive waterfront enclaves of Mermaid Beach, Sovereign Island and Isle of Capri would always be in demand, but somewhat more modest price growth could be expected through the remainder of 2022.
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Mr Mian said interstate buyers, particularly those from Melbourne, were back in force now that they were able to inspect properties in person after border restrictions were abandoned.
“We weren’t sure if the flight to lifestyle destinations would carry on post-Covid — as it turns out, interstate buyers are coming in cashed up and they are after a piece of paradise.
“There is a steady supply of buyers and, yes, we are getting a steady supply of sellers as well so it’s not going to be crazy, crazy prices but I don’t see a fall in the prestige market,” he said.
Mr Mian said returning expats would be the next wave of big-ticket buyers on the Coast.
GOLD COAST’S 27 BIGGEST HOME SALES OF THE FINANCIAL YEAR
41-45 The Promenade, Isle of Capri. Picture: Glenn Hampson
1. 41-45 THE PROMENADE, ISLE OF CAPRI
Sale price: $26.88m
Sale date: October 2021
Seller: Carolyne and Bruce Coulson, founder of Kool Kids early learning centre
Buyer: Yao Zhang, Sydney buyer
213 Hedges Ave, Mermaid Beach
2. 213 HEDGES AVE, MERMAID BEACH
Sale price: $21.75m
Sale date: November 2021
Seller: Stephen Cavalier, Harvey Norman Queensland commercial boss
Buyer: Stone & Wood Brewing Company director Ross Jurisich and Light Years Skin Studio founder Megan Jurisich
159 Hedges Ave, Mermaid Beach
3. 159 HEDGES AVE, MERMAID BEACH
Sale price: $21m
Sale date: May 2022
Seller: Chris Morris, richlister and ComputerShare co-founder
Buyer: Undisclosed
Artist impression of Glasshouse Burleigh Heads on Goodwin Tce, Picture: Spyre Group.
4. PENTHOUSE / 10 GOODWIN TCE, BURLEIGH HEADS
(yet-to-be-built Glasshouse development)
Sale price: $20m
Sale date: April 2022
Seller: Spyre Group
Buyer: Undisclosed interstate buyer
7-13 King Arthurs Ct, Sovereign Islands
5. 7-13 KING ARTHURS CT, SOVEREIGN ISLANDS
Sale price: $20m
Sale date: August 2021
Seller: Klaus and Leigh Lilischkies, superyacht builder
Buyer: Clive Palmer
Artist impression of Amani tower and its penthouse in Main Beach
6. PENTHOUSE/3519 MAIN BEACH PDE, MAIN BEACH (yet-to-be-built Amani Tower)
Sale price: $19m
Sale date: April 2022
Seller: Developer Greg Eastment
Buyer: Undisclosed
7354-7356 Marine Dr East, Hope Island
7. 7354-7356 MARINE DR EAST, SANCTUARY COVE
Sale price: $17.7m
Sale date: November 2021
Seller: Johnson Property Holdings director Terence Johnson
Buyer: Tony Quinn, Gold Coast business identity, former owner of VIP Petfoods
Vacant land at 141 Hedges Ave, Mermaid Beach
8. 139-141 HEDGES AVE, MERMAID BEACH
Sale price: $17.5m
Sale date: August 2021
Seller: Nava Abedian, wife of Gold Coast developer Sahba Abedian
Buyer: Andrew Fahey, co-founder of online bookmaker PointsBet
61 Albatross Ave. Mermaid Beach.
9. 61 ALBATROSS AVE, MERMAID BEACH
Sale price: $16.5m
Sale date: December 2021
Seller: Nick and Kate Salmon
Buyer: Property developer Marcus Dore and Eva Dore (Milic), Channel Nine newsreader
65 Albatross Ave, Mermaid Beach
10. 65 ALBATROSS AVE, MERMAID BEACH
Sale price: $15.85m
Sale date: December 2021
Seller: Vincent and Anna De Pasquale
Buyer: Emma and Paul Weel, racing car driver
127 Hedges Ave, Mermaid Beach
11. 127 HEDGES AVE, MERMAID BEACH
Sale price: $15.6m
Sale date: July 2021
Seller: John Longhurst, Dreamworld founder
Buyer: Michael and Benita Brosnan, owner of health science company Metagenics
133 Hedges Ave, Mermaid Beach
12. 133 HEDGES AVE, MERMAID BEACH
Sale price: $14.5m
Sale date: December 2021
Seller: Marcus Dore and Eva Milic
Buyer: Penny-Anne and Richard Burgess
87-89 Monaco St, Broadbeach Waters.
13. 87-89 MONACO ST, BROADBEACH WATERS
Sale price: $14.5m
Sale date: October 2021
Seller: Tara Walsh
Buyer: Sharon Cummings
215-217 Jefferson Lne, Palm Beach
14. 215-217 JEFFERSON LNE, PALM BEACH
Sale price: $13.51m
Sale date: March 2022
Seller: Tony and Christina Quinn, the former owner of Darrell Lea and VIP Petfoods
Buyer: Undisclosed
640 Nerang Broadbeach Road, Carrara
15. 640 NERANG BROADBEACH RD, CARRARA
Sale price: $13m
Sale date: April 2022
Seller: Dennis and Angela Perry
Buyer: Interstate buyer
16. 1039 EDGECLIFF PL, HOPE ISLAND
Sale price: $12.8m
Sale date: July 2021
Seller: Gold Coast Cove, sole shareholder is Leng Gao
Buyer: Australian Innovation Centre CEO Mark Winfield and wife, Lynette
2 Wildash St, Southport
17. 2 WILDASH ST, SOUTHPORT
Sale price: $12.25m
Sale date: November 2021
Seller: Brett and Rebecca Frizelle, Frizelle Automotive Group and co-owner of Gold Coast Titans NRL Club
Buyer: Media personality and former radio host, Alan Jones
8-16 Riverbend Ave, Carrara.
18. 8-12 RIVERBEND AVE, CARRARA
Sale price: $12m
Sale date: July 2021
Seller: Natalie Miller
Buyer: Yanfang Xie
506 The Esplanade, Palm Beach
19. 506 THE ESPLANADE, PALM BEACH
Sale price: $12m
Sale date: September 2021
Seller: Rex and Josie Neale
Buyer: Douglas and Teresa Machin, farmers from southwestern QLD
293-295 Monaco Street, Broadbeach Waters
20. 293-295 MONACO ST, BROADBEACH WATERS
Sale price: $11.6m
Sale date: October 2021
Seller: Melisa and Bruce Jack, Gold Coast-based radiologist
Buyer: Brian McMaster, company director
16 Darwalla Ave, Currumbin
21. 16 DARWALLA AVE, CURRUMBIN
Sale price: $11.3m
Sale date: August 2021
Seller: Kathryn Conforti
Buyer: Noel Holmes, retired accountant turned property investor
14-16 Sickle Ave Hope Island
22. 14 SICKLE AVE, HOPE ISLAND
Sale price: $11.11m
Sale date: September 2021
Seller: Central Point Developments
Buyer: Undisclosed international developer
46-48 Royal Albert Cres, Sovereign Islands
23. 46-48 ROYAL ALBERT CRES, PARADISE POINT
Sale price: $11m
Sale date: November 2021
Seller: Susan Mavis Lillioja
Buyer: Kim Diane England
24. 62 ADMIRALTY DR, PARADISE WATERS
Sale price: $10.5m
Sale date: November 2021
Seller: Maree Anderson, wife of Hayman Homes founder, Steve Anderson
Buyer: Warwick and Robyn Bowes
8 Darwalla Ave, Currumbin
25. 8 DARWALLA AVE, CURRUMBIN
Sale price: $10m
Sale date: July 2021
Seller: Ashley and Nicholas Mynott
Buyer: Gregory Hamilton
15-19 Parklane Tce, Paradise Point
26. 15-19 PARKLANE TCE, SOVEREIGN ISLANDS
Sale price: $10m
Sale date: November 2021
Seller: Bina Stevenson
Buyer: Andrew and Suellen Osborne
27. 22-24 ADMIRALTY DR, SURFERS PARADISE
Sale price: $10m
Sale date: November 2021
Seller: Tony Quinn, former owner of Darrell Lea and VIP Petfoods
Buyer: Undisclosed
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