A mix of Sydney and Illawarra buyers have actively pursued an absolute waterfront property on the Minnamurra River, with the end result smashing the price record for the suburb.
Set on 778sqm, the five-bedroom, five-bathroom home is located at 112 Charles Avenue, Minnamurra.
The home sold last week after 22 days on the market.
Selling agent, Rob Havasi of Rob Havasi Real Estate said the buyer didn't wish to disclose the final sale price at this stage.
However, it's understood the figure was $5.1 million.
Mr Havasi said it was sold to a Sydney buyer who had been looking for a holiday home.
"Three out of the four buyers that were in negotiations were looking for a holiday property, and three out of the four were from Sydney," he said.
"The local buyer was looking for a permanent residence."
Mr Havasi said the property had been in the same family for 20 years.
Features of the home include a wrap-around deck which offers a spot to check out the surf, while the lower deck provides more outdoor entertaining space.
The home features high-vaulted ceilings, glass all around and a gas fire, as well as a private studio cabin.
The ground floor master bedroom with ensuite looks out over the water.
Upstairs features three more bedrooms, two bathrooms and another balcony with water views.
Significant recent sales in Minnamurra include the four-bedroom, three-bathroom home at 78 Charles Avenue, located on the waterfront reserve.
It sold for $3.1 million in 2020, then a residential sales price record for the suburb.