Surf champ Joel Parkinson selling beachfront pad after $7.4m deal

World champion surfer Joel Parkinson is selling his sprawling beachfront apartment overlooking one of Australia’s most famous surf breaks, as a blockbuster $7.4m deal in the same building resets the benchmark for Rainbow Bay. Parkinson and his wife, Monica, bought the five-bedroom sub-penthouse on level 10 of Flow Residences off-the-plan in 2020 for $6.84m. RELATED: Sellers rush to beat property slump as homes flood market B105 host Abby Coleman in tears after listing beloved family home Joel Parkinson emerges from the water after a surf. Picture: Glenn Campbell. Champion surfer Joel Parkinson is selling his unit on level 10 of Flow Residences. Picture Supplied. The 527 sqm apartment comes with five bathrooms and a massive 397 sqm balcony overlooking Snapper Rocks, giving it substantially more space than another Flow residence that recently changed hands off-market for $7.4m. That seventh-floor apartment first sold off-the-plan in 2020 for $3.27m, meaning its latest sale more than doubled the original purchase price and achieved a rate above $30,000 a square metre. It comprises 187 sqm of internal space and a 54 sqm balcony, with three bedrooms, three bathrooms, a powder room and s...