Real Housewives Krissy Marsh snaps up $10 million Noosa house but is locked out of Queensland

Real Housewives of Sydney star Krissy Marsh has bought a $10 million holiday home in the glamorous Sunshine Coast holiday spot of Noosa. But just days after she has taken possession of it, the Queensland border has been closed in a bid to curtail the spread of COVID-19.

Title records show the deal was exchanged when the market was at the start of latest property run last October, but only settled in the Sydney socialite’s name this week.

The off-market sale by Tom Offermann’s Lauren Chen and her father Luke Chen was touted as a record for Noosa Sound for a house on a single block, but is topped locally by the waterfront house purchase in Noosaville by celebrity accountant Anthony Bell and his wife Kelly for $10.3 million two years ago.

The Queensland-born Marsh is in part funding the purchase with the sale of her Double Bay home apartment in the Kann Finch-designed Bay Residences last November for $3.7 million, having initially listed it with $5 million hopes a year earlier.

Marsh, billed on the reality show as the resident “Property Princess”, and her family remain based in Sydney’s eastern suburbs, where she has owned their Dover Heights home since 2003 paying $1.975 million. The house was listed in 2017 for $8 million but failed to sell.

The Sunshine Coast’s luxury market has secured a run of top sales in recent years since Melbourne IT entrepreneur Danny Wallis set an $18 million record in 2018 for his beachfront trophy home to the Equis Energy co-founder David Russell.

Tennis legend Pat Rafter secured $15.2 million two years ago for his beachfront home to Betty’s Burgers founders David and Louise Hales, who have in turn returned it to the market for $20 million.

Local home owners are no doubt holding their breath that the economic impact of COVID-19 does not impact local values.

Offermann’s principal Tom Offermann said: “For buyers who have been starved of choice, there will be increased buying opportunities during this period of extreme measures we must all take to stay safe.”