PHOTO: This home on Noosa Parade smashed the street record when it sold recently.

Noosa’s property market is firing again, with a record $7.1 million riverfront sale pointing to a fresh wave of confidence from buyers and sellers.

Property pundits went quiet in the lead-up to the federal election and were hesitant to make any decisions, according to local agents, but the difference following the result was swift and immediate.

luxury home along Noosa’s most tightly held and arguably most prestige riverfront stretch, Noosa Parade, was last week snapped up for $7.1 million, smashing the street record.

Selling agent Reed & Co director Adrian Reed said there was no doubt anxious buyers had shied away before the election.

“There is always uncertainty in the build-up to an election and we lost a couple of potential buyers in the lead-up due to the uncertain political landscape,” Mr Reed said.

“There was definitely a shy away, but with the close of that [election] result we saw a bounce back of significant confidence in the market, which can be seen with this result.”