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Gold Coast spring sales heat up with action packed auction events

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first_imgPlenty of Gold Coast homeowners have popped the champagne after a busy week of auction events.IT has been a busy time for spring auction events on the Glitter Strip with three agencies sending numerous properties under the hammer. John Henderson Professionals Mermaid Beach agents toasted success with 12 of the 14 properties from their event changing hands, raking in about $10 million in sales. The biggest sale of the night went to a rare Mermaid Beach package — a duplex and shack at 7 and 9 William St. Five bidders vied for the keys and it sold for $2.996 million. The properties were announced on the market at $2.862 million, meaning they fetched at least $134,000 above reserve. A rare packaged at7 and 9 William St, Mermaid Beach,sold at auction for a whopping $2.996 million. MORE NEWS: Would you pay almost $5m to bulldoze a house? MORE NEWS: New technology tipped to change rental market There were four other sales above the million-dollar mark. Director Luke Henderson said the sales success showed buyer appetite was heating up as the weather warmed. “We clear a high rate of sales at auction on a regular basis, I think it’s unlikely any other agent on the Gold Coast could match those results,” he said. “With southern markets showing signs of improvement, interest rates low, the Gold Coast population growing and the regional economy remaining strong, it is a good time for sellers to be on the market.” A commercial property at 12 and 13/39 White St, Southport, sold under the hammer for $2.25 million at Ray White Surfers Paradise Group’s auction do.Ray White Surfers Paradise Group’s auction event had a line-up of 17 properties with 12 sold. CEO Andrew Bell said the event showed how auctions could work for everyone. More from news02:37International architect Desmond Brooks selling luxury beach villa10 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago“It provided an open forum for true market value to be expressed through buyers’ competitive bidding, with most properties selling in excess of reserve price,” he said. The top sale of the Amir Mian Prestige Property Agents’ event was 17 Durham St, Southport, which fetched $1.38 million.Amir Mian Prestige Property Agents’ spring auction event saw 10 properties head under the hammer — two sold on the day, two others are under contract and two more are in negotiation. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:27Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:27 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWhy Spring 2019 is a good time to sell01:27last_img


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