108 The Esplanade, Point Vernon
A chic new build in a region often considered among Queensland’s retirement hotspots has hit the market and is set to smash the suburb record.
Located at Point Vernon in the Hervey Bay region, the 108 Esplanade property is listed for offers over $2.95 million, nearly four times more than the median house price of $770,500.
Publicly-available property records show that the most expensive house to sell in Point Vernon to date changed hands for $1.82 million in December 2024.
108 The Esplanade, Point Vernon
Another Esplanade property with four bedrooms, three bathrooms and on a 1084sq m block sold on February 3, and while the price has yet to be disclosed, it is understood to have set a new record for the suburb.
But that could change with the sale of 108 Esplanade, which is being marketed by Queensland Sotheby’s International Realty agent Lynn Malone.
108 The Esplanade, Point Vernon
“Commanding one of the most sought-after waterfront locations on the Hervey Bay Esplanade, this newly completed executive residence offers exceptional luxury and liveability,” the listing says.
“Built by master builder Aspiring Homes, the dual-level home with an internal lift sits on a prized 613sq m waterfront block, providing panoramic views across the turquoise waters of Hervey Bay to World Heritage–listed K’gari.”
108 The Esplanade, Point Vernon
The 108 Esplanade residence has three bedrooms and three bathrooms and sits on a 613sq m block.
It also has a heated swimming pool, a walk-in wine cellar, a media room, and multiple living areas.
The lower level is home to the open plan kitchen, living and dining areas, which open out to the outdoor alfresco area.
108 The Esplanade, Point Vernon
But there is not one but two kitchens – with the kitchen boasting its own hidden cooking kitchen.
Also on this floor is an ensuited bedroom, laundry, bathroom and dedicated bar.
108 The Esplanade, Point Vernon
Upstairs is where you will find the master suite with a walk-in robe and ensuite, and a second bedroom, also with a walk-in ribe and ensuite.
Also on this level is a study, media/lounge and a covered balcony.
108 The Esplanade, Point Vernon
Outside is a heated pool with a water feature, tropical landscaping, and an alfresco kitchen with a built-in BBQ and cabinetry.
Other features include a solar system, fully automated irrigation, a two car garage, and ducted airconditioning.
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108 The Esplanade, Point Vernon
The latest REA Market Trends report shows that the median house price in Point Vernon has soared a whopping 108.5 per cent since the start of the Covid-19 pandemic in early 2020.
Point Vernon is Hervey Bay’s premier waterfront precinct, with the Esplanade foreshore stretching 16km.
The nearby Urangan Pier and Great Sandy Straits Marina offer world-class fishing and boating.
K’gari, the world’s largest sand island, is just a 45-minute ferry ride away, and Hervey Bay, the first designated Whale Heritage Area in the world, attracts visitors from all over each winter.
The region attracted big money out of places like the Sunshine Coast and interstate as people made lifestyle moves during the pandemic.
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