Noosa home sells for a crazy $800k above reserve price


This waterfront property at 5 The Promontory, Noosaville, sold for $5.5m at auction, which was $810,000 above the reserve price.


A WATERFRONT trophy home in Noosaville has sold for an incredible $810,000 above the reserve price at auction as the housing market continues to heat up.

The two-level, four-bedroom house at 5 The Promontory sold under the hammer for $5.51 million after fierce bidding between four active bidders.

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This property at 5 The Promontory, Noosaville, sold for $5.5m at auction, which was $810,000 above the reserve price.


Darren Neal of Reed & Co, who marketed the property, said the…



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