Grant and Vanessa live at Paradise Point. They would happily sell today ($2.5 million) if they could find the flat acreage block with a large home, great shed and nice flat surrounds. They have been looking for 3 months and have missed out each time one comes to the market – because the competition is so high. Grant says “We have tried to bid at auction and missed out, we tried to buy before the auction and missed out – a lot of homes are being sold without us even knowing about it - our fear is that if we sell our home we will have nothing to move into.” This is typical of so many potential buyers, they are just not confident enough to become sellers – not for fear of the price they will achieve on their home – rather, fear of not being able to purchase a home at all. Record prices are not the problem. Everything is selling – from $800,000 duplexes in Paradise Point to a $23,750,000 million luxury home in Southport. The sales activity in the $2 - $6 million bracket has never been so boisterous. Because we have 3 offices and more than 30 dedicated sales executives, it seems like we are setting records every week – from Sanctuary Cove all the way to Kirra on the south and Maudsland in the west. Amir Mian says “I think Spring will see a lot of owners taking the opportunity to list their homes for sale because they will expect to see a lot more choice and availability for themselves.” It certainly looks like Spring will be the peak selling season for the year, and based on what we have witnessed so far in 2021 – it is going to be an absolute selling frenzy! Amir Prestige Commercial agent Adrian Smith said “The commercial world is usually so unemotional, but for the first time in my memory, sales numbers are astounding. I have multiple buyers offering far in excess of any logical numbers – which we rarely see in the Commercial space”. Projects & Development Director Michael Jones can not quite believe what is happening to the Gold Coast market.
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