A beachfront property in Wombarra has been snapped up by a Sydney buyer for a jaw-dropping suburb record price of $6.31 million.
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
Sitting on a 902sqm block zoned R2 low density residential, the five-bedroom, three-bathroom property is located at 553A Lawrence Hargrave Drive, Wombarra.
When first listed, the property was expected to attract strong interest from Sydney buyers, and perhaps even break price records.
The selling agents are Mattias Samuelsson and Simon Beaufils from Ray White Helensburgh.
In March, Mr Samuelsson told the Mercury he was confident it would set a price record for the northern Illawarra.
The property sold earlier this week, prior to auction.
The property was due to go to auction on April 17.
Mr Samuelsson previously told the Mercury they had expected huge interest from Sydney, "as this is possibly the best beachfront property we have marketed in the northern Illawarra over the last 25-plus years".
According to Pricefinder, the home previously sold in 2010 for $3 million.
On Friday, Mr Samuelsson said the home had been bought by a Sydney buyer.
"I've never seen so many buyers pursuing a property in this type of high price bracket," he said.
"This one-of-a-kind property offers so much - it has the beachfront location, panoramic ocean views.
"In my 15 years of doing this, this is the best property I've ever come across."
Do you have a story or news tip? Email us at cos@illawarramercury.com.au
The property includes direct access to the sand from the backyard.
Other features include an infinity pool set amongst established lawns and gardens, and three of the bedrooms offering panoramic ocean views.
This listing surpassed the sale price for 26 Paterson Road, Coalcliff in February.
A Sydney buyer purchased the Coalcliff property with impressive ocean views for $4,715,000.
According to Pricefinder, the sale was a record price for a residential property at Coalcliff.
Pricefinder figures also indicate the previous highest recorded sale for a residential property in Wombarra is 49 Monash Street, which sold for $4,100,000 in 2019.
We depend on subscription revenue to support our journalism. If you are able, please subscribe here. If you are already a subscriber, thank you for your support.