Whitsundays million-dollar mansions spark overseas interest

GLOBAL investors are driving increased demand for luxury Queensland properties the new Queensland arm of prestigious international realty brand.

Mandalay House sits in a prime location across the bay from Airlie Beach. . Picture: Contributed

GLOBAL investors are driving increased demand for luxury Queensland properties, says the new Queensland arm of prestigious international realty brand, Sotheby's.

Properties include Mandalay House and Heaven's Gate in the Whitsundays.

According to Sotheby's International Realty's website, Heaven's Gate is on the market for $5.95m.

Queensland Sotheby's International Realty managing director, Paul Arthur said that investors from China, India and the Middle East were taking advantage of the falling Aussie dollar to pursue value-for-money properties the equal of any in Europe or the United States.

"The surge in listings and interest from across the globe strongly justifies our decision to expand into Queensland," he said.

Mr Arthur said Sotheby's International Realty had listed signature properties valued at more than $120 million across the state in less than six months.

"As a truly global luxury real estate brand, owners know we have the means to take their properties to the world and to bring the world to Queensland.

"We offer a strong and proven international reach and access to high net-worth buyers that few can match."

Mr Arthur said the statistics released at last month's global meeting of Sotheby's International Realtors held in the United States speak for themselves. 

"The Sotheby's International Realty website received over 25 million visits in a 12-month period.  The YouTube channel has over 45,000 subscribers, with 18 million video views recorded with an average of 9,000 views per property. 

"With these digital marketing statistics, together with 19,000 brokers in 845 offices across 63 countries, ensure we are ideally placed to market prestige properties to a growing international audience."

Originally published as Whitsundays million-dollar mansions spark overseas interest