The Shoalhaven real estate market continues to go from strength to strength, with a property at Culburra Beach, east of Nowra, selling for more than $5.8 million.
The home at 178 Penguins Head Road, one of a few in the area with beachfront access, has been sold by Callala and Culburra Beach First National principal Kellie Sprowles for $5.85 million, which is believed to be a residential record sale for the Shoalhaven.
The price has smashed the previous highest sale for Culburra Beach, which was also made by Mrs Sprowles and her team earlier this year, when another home in Penguins Head Road, but overlooking Tilbury Cove, sold for $3.85 million.
At the time that was the record sale for the area, which had topped a sale by Ray White South Coast of a home at The Marina for $3.80 million.
This latest sale eclipses both those records by $2 million.
The latest sale also tops a sale by Ray White South Coast of a home in Beecroft Parade, Currarong for $4.15 million and a Huskisson property at Admiralty Crescent, overlooking Currambene Creek, with stunning views of Jervis Bay sold by Elders Berry for $4.95 million.
In January this year a property at Cyrus Street, Hyams Beach also sold for $4.8 million.
"This is a beautiful home," Mrs Sprowles said.
"It was a pleasure for us to market this home and we are grateful for the opportunity.
"And we are really proud of what we have achieved, it's a great result."
The four bedroom, two bathroom home is stunning, on a 809 square metre block of land also featuring a two car garage but it is its beach frontage and stunning water views northward to the Gerroa headland and overlooking beautiful Tilbury Cove that take the property to the next level.
"This is a beautiful home, and we are really proud of what we have achieved, it's a great result.Callala and Culburra Beach First National principal Kellie Sprowles
The home has been bought by a Sydney family who will be retiring to Shoalhaven and making the property their permanent home.
The previous owners had owned the property for more than 30 years, originally establishing a weekender on the land, before eventually building the home, which has undergone some transformations over the years.
They have lived permanently in the property for the past 15 years.
"It [the property] really is a rarity," Mrs Sprowles said.
"It is one of the few homes in the area that has actual beach access from the property.
"It is pretty unique - there are a couple of others further along overlooking Tilbury Cove but their access is to the rock platform not the beach.
"These locations are tightly held.This is a rare opportunity.
"And then you have those views all the way up to Gerroa and overlooking Tilbury.
"It is just a stunning location."
Mrs Sprowles admitted "real estate in NSW was going crazy" at the moment.
"People are looking to move out of the city and I believe COVID is a big factor," she said.
"COVID has shown us and people now realise they can work from home.
"Lots of people are really looking to relocate here from the more built up areas and why wouldn't you?
"Working from home has opened up that world to people.
"Rather than having a weekender down the coast and coming down for a couple of days and still maintaining a main home in Sydney, now many are turning things around and relocating to the coast, basing themselves here and only going to the city for a couple of days at a time when they have too.
"We are selling lots of properties as soon as they are listed,"
The property boasts indoor and outdoor living areas that capture the stunning water views. Terraced timber decks offer easy relaxation areas as well as stairway access to the beach.
The home features split level living areas and vaulted ceilings, with the expansive use of glass offering a visually seamless connection to the beach and the ocean beyond.
A focal point of the home is the master bedroom located on the upper level, which captures the same amazing views as the living areas below.
The upstairs retreat houses a luxurious bathroom, twin shower area and a large spa and a private balcony overlooking the beach.
The oversized double garage offers a stairway to a large loft room that has been used for craft activities but could easily be used as a gym area or extra accommodation.