Tag: Sunshine Coast property

Buderim home with farming history sells for $2.85 million

A Buderim home with links to one of the Sunshine Coast’s long-standing farming families has sold at auction for $2.85 million.

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The five-bedroom, three-bathroom property, at Residence Six, 21 Clearview Court, went under the hammer at a recent Avani in-room auction event.

The home was built by the late Peter Wise, an eighth-generation Maroochydore farmer, who died in 2024.

Family connection to the land

Mr Wise custom-built the home in 2010, with the design prepared by architects Blackburn and Jackson.

The property sits on a 3005sqm allotment on Buderim’s north-eastern escarpment, with views across the coast from Alexandra Headland to Mount Ninderry.

His daughters, Amanda and Kylie Wise, said their father had a strong connection to the land.

They said he was so devoted to his property that it was often difficult to convince him to stop for a break, even for a quick smoko.

The home was positioned so Mr Wise could look out over his farm from the property.

Photo Credit: Supplied/Ray White

Local buyers secure the home

Ray White Mooloolaba sales agent Jacob Hussey said the auction attracted two registered bidders, with several conditional buyers also following the sale.

He said the property was bought by a Buderim-based couple with farming backgrounds.

Mr Hussey said the buyers were not actively looking for another home but became interested after seeing the property during the campaign.

He said they planned to enjoy the home and may move into it in the future.

Space for extended family

The property includes a self-contained lower level with its own driveway, single garage, kitchen and living area.

The space could suit multi-generational living or potential rental use.

The block also has drivable access to the lower section, with potential for a future subdivision or secondary dwelling, subject to council approval.

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Family prepares to downsize

The sale comes as Mr Wise’s widow, Ivy, prepares to downsize from the property.

Mr Hussey said the result was a significant moment for the Wise family as they prepared to move on from the Buderim home.

Published 8-July-2026

Buderim Resale Result Shows Changing Trends In Over-50s Communities

A Buderim home resale has highlighted how one over-50s couple achieved a significant gain within a land lease community before moving to another development in the region.

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From Buderim Purchase To Resale Gain

A Sunshine Coast couple who purchased a home at B by Halcyon in Buderim in December 2023 later sold the property and reported an increase of about 35 per cent.

The resale was completed within six weeks, allowing them to transition to a different community at Halcyon Coves in Aura. The move enabled them to take up a slightly larger home while retaining the uplift from the sale.

Sunshine Coast property
Photo Credit: Supplied

How The Housing Model Works

The Buderim transaction reflects the structure of land lease communities, where residents own their home but lease the land beneath it.

Under this model, homeowners retain capital gains when they sell. The arrangement outlined in the release also states that there are no deferred management or exit fees, which can apply in traditional retirement villages and reduce final returns.

This difference in structure has been identified as a factor in resale outcomes for some homeowners in the over-50s sector.

land lease communities
Photo Credit: Supplied

Repeat Moves Within The Same Sector

The couple’s move from Buderim to another Halcyon community aligns with a broader pattern of repeat buying within similar developments.

Some homeowners are selling in established communities and purchasing again in newer locations, using resale outcomes to upgrade their homes or adjust their living arrangements.

This behaviour reflects how certain buyers are approaching over-50s housing with both lifestyle and financial considerations in mind.

Market Conditions Behind The Resale

Conditions across South East Queensland have also been linked to resale outcomes in this segment.

Housing supply in the region continues to lag behind demand, supporting price growth across different parts of the market. Within land lease communities, the limited number of homes available for resale has also been identified as a factor influencing value.

As resale activity increases, there is growing attention on how these transactions are tracked compared to traditional housing sales.

Buderim resale gain
Photo Credit: Supplied

What The Buderim Example Shows

The Buderim resale highlights how some over-50s homeowners are navigating housing decisions within land lease communities.

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The ability to sell, retain gains, and move into another property within the same sector is emerging as a pathway for those seeking flexibility in later-life housing.

Published 26-Mar-2026