dylan.taylor@raywhite.comdylantaylor_realestate TAYLOR 0459 287 729 sean.taylor@raywhite.comseantaylor_realestate
DYLAN
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A CHANGE IN THE PROPERTY CYCLE
Southern Gold Coast residential pockets continue to impress with their sales figures and median prices. In sought-after Burleigh Heads, the median sales price of houses topped $1,650,719 with 45 houses and 78 units sold in the past six months. Mermaid Waters saw its median suburb price rise to $1,761,819, off the back of 76 house and 45 unit sales.
Our job has always been the same - to create competition for our sellers and secure the highest possible price. We can do that in any market, and we’ve never lost sight of that. Stock is rising and we’re ready to help. For more information, contact us today. Kind regards , Dylan Taylor & Sean Taylor TAYLOR 0449 967 395
SOUTHERN STARS
While we have entered a new property cycle, the Australian real estate market is high functioning, producing a substantial turnover. And, despite the RBA starting to tighten, advising borrowers to expect four to five interest rate rises, the Ray White Group’s 120 years of selling experience tells us prices aren’t likely to drop dramatically. The fact is people buy and sell houses every day. They upsize, downsize, and relocate as their personal circumstances and choices dictate. Selling is a personal decision, and we will continue to see plenty of action in the market.
SEAN
DEBUNKING THE STOCK-PILE MYTH Is stock “piling up”, as is so widely reported? We prefer to look objectively at what’s happening now in the market. As a result, we’re seeing strong levels of new stock released for sale, in line with last year. Total stock on the market is up about 15% from last year, so there’s no cause for alarm.
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A far bigger concern is the state of the American economy which is likely to go into recession officially in July. If this happens, there will definately be a flow on effect in Australia as is already being evidenced on our stock exchange. Our market is driven by consumer confidence which is being shaken at present, but more by a strong wind than an actual storm.
A NOTE From Our CEO
These indicators lead me to think that we are in for a fairly long, but only slight downhill journey.
Inflation is our immediate big problem and despite the government’s knee jerk reaction to increase the base wage rate, it will not be overcome easily, which will mean less disposable income for most families and therefore more cautious thinking about home upgrades. Coupled to that we will have consistent mortgage rate rises for the next year or so until the retail rate reaches circa 4% after which it should hold. This in itself is not particularly onerous as the banks have already built in a buffer when the loans were issued, which shows that the loan is affordable to the borrower even at the higher rate. It is more of a confidence issue than a real burden, but still a negative. For the time being, Covid is no longer a consideration and unfortunately it appears that the war in Ukraine is now going to be a long drawn out affair, which is a tragedy, but will soon be forgotten by those not directly affected, and other than the negative contribution to inflation will have no bearing on property prices in Australia.
LARRY MALAN Chief Executive Officer
3) Putin would be in jail. Still a concern, but the upside is that Europe is expediting their plans to become less dependent on Russia’s oil and gas and when that happens sanctions will flatten him. It’s a long game now.
1) We would have a practical, stable government. Well we are halfway there, definitely stable.
I, for one, would still prefer my money to be in good quality, well located property which is inflation proof, rather than having money in the bank earning peanuts, or shares which have already increased the number of grey hairs on my head. The trick is to buy good property that is easily affordable (most are due to great rent returns) and forget about what it may be worth. I’ll bet that ten years from now you will be happy!
Ray White Burleigh Group I finished my last report with a wish list of three things:
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Property is a long game, ignore the short term speed bumps. Until next time,
2) Covid would be contained again.. tick! I think the flu is a bigger danger now?!
6 QUARTER TWO At A Glance HOUSES HIGHEST SALE LOWEST SALE MEDIAN SALE TOTAL HOUSE SALES MEDIAN DAYS ON MARKET $1,425,000$3,600,000$835,00043 20 APARTMENTS & UNITS HIGHEST SALE LOWEST SALE MEDIAN SALE TOTAL UNIT SALES MEDIAN DAYS ON MARKET $3,950,000$475,000$816,50052 20 HOUSES MEDIAN RENTAL PRICE MEDIAN DAYS ON MARKET $895 20 APARTMENTS & UNITS MEDIAN RENTAL PRICE MEDIAN DAYS ON MARKET $620 17 TOTAL PROPERTIES RENTED IN PALM BEACH199 TOTAL PROPERTIES SOLD IN PALM BEACH95
7 HOUSE SALES Palm Beach 23 Ambonia Avenue Undisclosed3 L2 2 506m²| | | 9 Jun 2022 1/13 Bali Avenue $1,755,0003 L2 2 273m²| | | 3 Jun 2022 6A Boodera Road $1,200,0003 B2 1 198m²| | | 24 Jun 2022 26 Celebes Avenue $1,110,0003 L2 2 501m²| | | 19 Apr 2022 10 Celtis Court $1,355,0003 L1 1 866m²| | | 4 Apr 2022 15 Colvillea Court $1,100,0004 L2 1 671m²| | | 4 May 2022 1 Coolibah Drive $1,665,0004 L2 2 647m²| | | 20 Apr 2022 9 Coolibah Drive $1,469,5003 L2 2 625m²| | | 2 Apr 2022 55 Coolibah Drive $1,525,0003 L2 2 678m²| | | 8 Apr 2022 128 Cypress Terrace Undisclosed5 L3 4 506m²| | | 28 Apr 2022 6 Denawen Street $3,600,0005 L4 2 589m²| | | 16 May 2022 47 Denawen Street $1,200,0003 L1 1 521m²| | | 24 Apr 2022 49 Denawen Street $1,260,0003 L2 2 551m²| | | 29 Apr 2022 18 Dogwood Drive $1,270,0005 L2 2 660m²| | | 7 Apr 2022 32 First Avenue $1,850,0005 L3 2 415m²| | | 2 Apr 2022 1360 GC Highway $950,0002 L1 2 412m²| | | 27 Apr 2022 1362 GC Highway $1,050,0003 L2 2 412m²| | | 27 Apr 2022 19 Illaroo Street $1,815,0003 L2 2 556m²| | | 1 May 2022 3 Kingfish Court $2,700,0004 L3 2 809m²| | | 17 May 2022 137 Laguna Avenue $900,0002 L2 2 519m²| | | 13 Apr 2022 20 Ling Place $1,675,0005 L4 3 1326m²| | | 23 Apr 2022
8 21 Melaleuca Drive $1,580,0003 L2 2 678m²| | | 6 Apr 2022 41 Melaleuca Drive $1,450,0004 L2 2 611m²| | | 21 Apr 2022 22 Molucca Avenue $1,570,0004 L1 2 506m²| | | 26 Apr 2022 18 Myrtle Court $1,240,0004 L2 4 609m²| | | 16 May 2022 42 Nineteenth Avenue $1,430,0004 L3 4 771m²| | | 1 May 2022 7 Oakwood Terrace $1,380,0004 L2 2 627m²| | | 20 Apr 2022 24 Sixth Avenue $1,650,0002 L1 2 405m²| | | 5 Apr 2022 32 Tahiti Avenue Undisclosed4 L2 2 516m²| | | 11 Jun 2022 124 Tallebudgera Drive Undisclosed4 L2 2 869m²| | | 29 Jun 2022 55 Third Avenue $835,0002 L2 1 73m²| | | 6 Jun 2022 59 Third Avenue $1,700,0003 L2 3 496m²| | | 6 May 2022 2/66 Third Avenue $886,0003 L2 1 519m²| | | 26 Apr 2022 35 Thirteenth Avenue $1,560,0003 L1 2 680m²| | | 11 May 2022 25 Townson Avenue Undisclosed4 L2 2 642m²| | | 7 Apr 2022 1/109 Townson Avenue Undisclosed2 B1 1 97m²| | | 24 Jun 2022 31 Twelfth Avenue $1,425,0003 L1 1 632m²| | | 21 Apr 2022 51 Twenty Fourth Avenue $950,0003 B1 1 188m²| | | 9 May 2022 1/36 Twenty Seventh Ave $975,0002 L1 1 139m²| | | 9 May 2022 2/6 Magnoli Circuit $1,320,0003 L2 2 214m²| | | 6 Apr 2022 2/16 Magnoli Circuit $1,250,0003 L2 2 176m²| | | 21 Apr 2022 1/49 Magnoli Circuit $1,600,0003 L2 2 211m²| | | 9 Apr 2022 199 Mallawa Drive $1,450,0004 L1 2 607m²| | | 21 Apr 2022
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12 2/2 Morotai Avenue $835,000B1 - m²| | | 16 May 2022 5/18 Murlong Crescent $1,125,0002 B1 1 129m²| | | 24 Apr 2022 7/6 Nalla Court $495,0001 B1 1 50m²| | | 13 May 2022 1E/2 Nineteenth Avenue $890,0002 B2 1 111m²| | | 12 May 2022 5B/2 Nineteenth Avenue $970,0002 B2 1 115m²| | | 20 May 2022 7/2 Nineteenth Avenue $890,0002 B2 1 111m²| | | 9 May 2022 7D/2 Nineteenth Avenue $1,050,0002 B2 1 115m²| | | 14 Jun 2022 24/2 Nineteenth Avenue $970,0002 B2 1 - m²| | | 19 Apr 2022 36/2 Nineteenth Avenue $1,050,0002 B2 1 - m²| | | 13 May 2022 1/17 Ninth Avenue $1,195,0003 B2 2 181m²| | | 12 Apr 2022 7/8 Nyrang Avenue $660,0002 B1 1 87m²| | | 4 Apr 2022 904/6 Palm Beach Avenue $1,680,0002 B2 2 118m²| | | 20 May 2022 503/16 Seventh Avenue $1,695,0003 B2 2 150m²| | | 21 May 2022 1006/16 Seventh Avenue $1,010,0002 B2 2 96m²| | | 24 Jun 2022 1202/16 Seventh Avenue Undisclosed3 B2 3 197m²| | | 16 May 2022 405/10 Third Avenue $1,440,0003 B2 2 126m²| | | 30 Jun 2022 8/6 Twelfth Avenue $705,0002 B1 1 85m²| | | 7 Apr 2022 3/4 Twenty Eighth Avenue $1,525,0003 B2 2 - m²| | | 3 May 2022 12/9 Twenty Eighth Avenue $670,0002 B1 1 80m²| | | 19 Apr 2022 302/3 Twenty Fourth Ave $642,5001 B1 1 77m²| | | 12 Apr 2022 405/3 Twenty Fourth Ave $1,100,0002 B2 2 123m²| | | 29 Apr 2022 3/20 Jefferson Lane Undisclosed4 B2 2 281m²| | | 30 Jun 2022 8/77 Jefferson Lane $3,950,0003 B2 2 247m²| | | 3 Jun 2022 1/18 Leyte Avenue $1,175,0003 B2 4 138m²| | | 27 May 2022 2/4 Mawarra Street $665,0002 B2 1 75m²| | | 21 Apr 2022
13 507/3 Twenty Fourth Ave $660,0001 B1 1 73m²| | | 12 May 2022 1/14 Twenty Sixth Avenue $949,5003 B2 2 - m²| | | 12 May 2022 601/2 Twenty Third Avenue $3,600,0003 B3 2 230m²| | | 8 Apr 2022
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EVERY SATURDAY, FROM 7AM TO 12PM
For a mid-week treat, the Currumbin Community Market serves up fresh fair each Thursday. Located opposite the Currumbin RSL, enjoy farm-fresh produce and artisan products.
Start your weekend off the right way with a trip to the popular Burleigh Farmers Market. Brimming with community vibes and your local go-to for all things fresh, an abundance of farm produce sits amongst flower pop-ups, collectables, crafts and international street food stalls. Add in the live entertainment showcasing a great selection of local talent, and there’s no better way to spend your Saturday morning.
So much more than a standard shopping experience awaits at the Palm Beach Currumbin Farmers Market. The perfect place to gather with loved ones while indulging in delicious food and live local music, they operate rain, hail or shine. Run by The Market Co. GC, they’ve been busy hosting vibrant farmers’ markets on the Gold Coast for almost 20 years. Enjoy an enticing array of fresh fruits and vegetables, meat and poultry, seafood, dairy products, fresh pasta and sauces, baked goods, artisan breads, smallgoods and health foods.
EVERY THURSDAY, FROM 7AM – 11AM 164 Duringan Street, Currumbin CURRUMBIN COMMUNITY MARKET
EVERY SATURDAY, FROM 6AM TO 11:30AM Palm Beach Currumbin High School - Thrower Drive, Palm Beach PALM BEACH CURRUMBIN FARMERS MARKET Source: burleighmarket.com.au
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Burleigh Heads State School - 1750 Gold Coast Highway BURLEIGH FARMERS MARKET
seantaylor_realestatedylantaylor_realestate STAY IN TOUCH: 0449
Dylan & Sean Taylor
395 dylan.taylor@raywhite.com 0459 287 729 sean.taylor@raywhite.com
Dylan & Sean are motivated, influential, and hard-working. Boasting reputations for highperformance, they excel through outstanding negotiation, communication, and marketing talents, in a competitive environment. No challenge is too big; no real estate opportunity is too small. Dylan & Sean are ready to take you from negotiation to close.
16 YOUR AGENTS
Proactive and innovative, Dylan & Sean bring clarity, confidence, and a structured approach to each real estate endeavour. If you would like experienced agents to work hard with you, in the thick of the property action Dylan & Sean are the ones you are looking for! 967
Dedicated to delivering exceptional results, Dylan & Sean fast-track marketing efforts, boost campaign reach, and engage the right investors at the right time. They kick that style into overdrive, attracting buyers, building quality relationships, and presenting properties to market. Once the sale is in his sight, they successfully negotiate and close and consistently surpasses client expectations.
Originally from Auckland NZ, brothers Dylan, Sean and their family moved to the Gold Coast in 2007 to begin an exciting new adventure. Both entering the real estate market at a young age, they were captivated by the Gold Coast’s unique beauty and abundant natural environment, and developed an eye for the market and a deep passion for Gold Coast property.
17 OUR RECENT SALES “Brilliant, just brilliant! Sean made the process so simple for us. He was constantly communicating with us. We will definitely be working with him and his team again.” - Scott “We would like to extend a great big thank you for selling our beloved first home. Not only did you get us a price that we can both walk away from this happy with, but you also made the auction campaign seamless. This was the first time either one of us had to entrust someone to sell our home and you both did an excellent job..” - Lucy WHAT OUR CLIENTS ARE SAYING... D29/1 Great Hall Drive $1,000,000Miami 32 First Avenue Palm Beach $1,850,000 D4/1 Great Hall Drive $1,062,000Miami D3/1 Great Hall Drive $1,100,000Miami E32/1 Great Hall Drive $1,020,000Miami 22 Molucca Avenue Palm Beach $1,570,000 “We can’t thank Dylan enough. Dylan made the experience of selling our house so easy (and quick!). He was professional, approachable, and very patient with us. One proper open house and he had our house sold! And on top of everything, he negotiated a great price for us! Thank you Dylan!!! We are over the moon!” - Victoria
We know the community because we are part of it. Our agents live here, socialize here, build relationships here, and are strong advocates of the exceptional lifestyle opportunities we have. Propelled by innovation to seek optimum outcomes in all decisions, transactions and interactions, we do what it takes to get the premium price – not just secure the sale – with passion, energy and confidence. At Ray White Burleigh Group we put people before property, building life-long relationships on trust, knowledge and integrity so we are your agent of choice for real estate needs now and into the future. We want our clients to be proud of their choice of real estate agent. We want them to feel empowered and intelligent in their decision to use us to realise their property goals. Every element of our operations comes back to our clients – what`s best for them, how we can achieve better prices for them and how we can make their experience more enjoyable. We are constantly investing in our people, technology, marketing, compliance and processes. As market leaders, we are always challenging the status quo, not because we like to be different, but because we strive to be better.
Ray White Burleigh Group
OUR DIFFERENCE
MANAGEMENTPROPERTY ALAN WHITE ELITE 2021 -2022 CHAIRMAN’S ELITE LEADERBUSINESS MANAGEMENTPROPERTY ALAN WHITE ELITE 2021 -2022 CHAIRMAN’S ELITE LEADERBUSINESS 21-22 WE ARE PROUD TO BE AWARDED 18
RECOMMENDATIONS Our Service Providers LOAN MARKET Connor is a standout performer with a simple missionto save you money. He does this by: • Helping you through the home loan process • Comparing loans from over 60 banks & lenders • Finding the right loan to meet your goals Contact Connor Summers for all of your home loan 0404needs!491 connor.summers@loanmarket.com.au307 OMB SOLICITORS If you’re frugal, you may be tempted to tackle the process of selling or buying yourself. But buyers and sellers beware. Without the appropriate expertise, even a simple misstep along the way can result in significant financial, emotional and legal ramifications. Contact OMB Solicitors for all of your property litigation needs. 07 5555 0000 info@omb.com.au 19
Disclaimer: Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication. Based on or contains data provided by the State of Queensland (Department of Natural Resources and Mines) 2018. In consideration of the State permitting use of this data you acknowledge and agree that the State gives no warranty in relation to the data (including accuracy, reliability, completeness, currency or suitability) and accepts no liability (including without limitation, liability in negligence) for any loss, damage or costs (including consequential damage) relating to any use of the data. Data must not be used for direct marketing or be used in breach of the privacy laws. NB: This suburb Market Report provides an overview of settled sales that have taken place in the area, by all agents. Ray White Burleigh Group is simply reporting the sales activity. PALM BEACH MARKET REPORT QUARTER TWO 2022 APRIL - JUNE DYLAN TAYLOR 0449 967 395 dylan.taylor@raywhite.com SEAN TAYLOR 0459 287 729 sean.taylor@raywhite.com
