Karl and Jasmine Stefanovic selling Noosa holiday house, could make $4m profit

Karl Stefanovic has revealed with a “heavy heart” he’s selling his multi-million dollar home in Queensland - but he’s set to make a huge profit.

Karl Stefanovic and his wife Jasmine are selling their multi-million dollar holiday home in Noosa, after only spending five weeks there in the past two years.

The Today show host, 47, and his shoe designer wife, 37, bought the four-bedroom beachfront house in Sunshine Beach, Queensland for $3.5 million in 2019, but due to the Covid-19 pandemic have struggled to make good use of it.

According to the Courier Mail, real estate agents have told Stefanovic it could fetch as much as $7.5 million thanks to rising property prices in the Sunshine Beach region, and their own renovations to the European-style property.

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Karl Stefanovic and his wife Jasmine are selling their Sunshine Beach home because they can only use it a few weeks a year.

The home is in Sunshine Beach.

Stefanovic, who is rumoured to be on a $2 million annual salary at Channel 9, said it was with a “heavy heart” they had decided to sell.

“We purchased the property on Seaview Terrace just before the pandemic hit,” he said.

“We’ve added a teenage retreat, a bathroom and a wine cellar. It’s a really beautiful slice of Sunshine Beach paradise. The views are incredible and we just love the people and area.

It boasts a pool and stunning views.

The pair have added some customisations to the property since purchasing in 2019.

He added: “The walks around the headlands are unbelievable. After we moved in, Kevin Rudd and Gina Rinehart bought in the same street and neighbourhood.

“The reality though is I can’t get away from work in Sydney nearly enough and the logistics of coming in and out of Queensland have been challenging.

“Eventually we will come back to Noosa when we have more time. If we can afford it. It’s the best beach community anywhere.’’

Karl and Jasmine, who were married in Mexico in 2018, welcomed their first child together in 2020, one-year-old Harper May.

Karl and Jasmine Stefanovic with their daughter, Harper May. Picture: Instagram

They both have family based in Queensland, but due to their work commitments in Sydney and Covid impacting travel, have not been able to visit the sunshine state often.

The Stefanovics did manage to head up to the Sunshine Coast over Christmas, with Karl revealing upon his return on the Today show in January that their whole family came down with Covid.

“I am a little croaky. The last couple of weeks, going back to January 3 or 4, the whole family tested positive. The whole family went down with Covid-19,” Karl shared with his co-hosts and viewers at the time.

“It was a bit awful to tell you the truth at times, but we’re all clear now.

“We got through the whole thing, and look, they say it’s mild, but it’s pretty intense in parts.”