quarterly market report april - june 2013 | brendan andrews
brendan andrews
A word on the market What a year we’ve had! Despite many analysts predicting a very sedate progress in the property market for the years ahead, I am pleased to see some light through all the gloom of previous years. With interest rates at record lows and consumer sentiment indicating higher levels of optimism; up 4.7% for June and 6.9% year-on-year, I am confident the upcoming spring selling season will be strong. With an increase in sales volume and a reduction in listings compared to this time last year, many vendors are pleased to see that average days on market has dropped from 60 days last year to 43 days this year. Vendor discounting has also improved from -7.2% last year to -5.8% in 2013. With this in mind it’s not surprising that auction clearance rates have also improved. In 2012 auction clearance rates was an average of 50.4%, with the 2013 calendar year to date recording an average week-to-week clearance rate of more than 63%. Brisbane, which only experienced minor growth throughout the past year,
is heading in the right direction with house values increasing 0.6% over the 12 months to June 2013, whilst the number of house sales remains steady. On the local front, from Burleigh Heads to Coolangatta, Bilinga achieved most improved for growth for houses with a 16.1% increase since January this year. However with only nine sales, I feel it’s important to note the runner up is Currumbin Waters with a 10.6% increase over 51 sales. With regards to apartments, Tugun was the shining light with an 8.3% increase from 38 sales since January. Burleigh Waters secured the runner up spot with 48 sales and a 4.1% increase. Bring on spring!
bilinga
Median house prices
Highest Sale for the Quarter - 216 Pacific Parade, $1,800,000
$2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 0
2003
2004
2005
Median unit prices
2006
2007
2008
2009
2010
2011
2012 2013 YTD
Highest Sale for the Quarter - 17/134 Pacific Parade, $511,000
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0
2003
2004
2005
2006
2007
2008
2009
2010
Number of house and unit sales
2011
houses
2012 2013 YTD
units
120 100 80 60 40 20 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012 2013 YTD
burleigh heads Median house prices
Highest Sale for the Quarter - 26 Hill Avenue, $1,105,000
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0
2003
2004
2005
2006
Median unit prices
2007
2008
2009
2010
2011
2012 2013 YTD
Highest Sale for the Quarter - 2/25 Mount Street, $1,105,000
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0
2003
2004
2005
2006
2007
2008
2009
2010
Number of house and unit sales
2011
houses
2012 2013 YTD
units
800 700 600 500 400 300 200 100 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012 2013 YTD
burleigh waters Median house prices
Highest Sale for the Quarter - 91 Acanthus Avenue, $880,000
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0
2003
2004
2005
2006
Median unit prices
2007
2008
2009
2010
2011
2012 2013 YTD
Highest Sale for the Quarter - 1/7 Barbet Place, $440,000
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0
2003
2004
2005
2006
2007
2008
2009
2010
Number of house and unit sales
2011
houses
2012 2013 YTD
units
400 350 300 250 200 150 100 50 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012 2013 YTD
coolangatta /kirra Median house prices
Highest Sale for the Quarter - 28 Rutledge Street, $678,000
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0
2003
2004
2005
Median unit prices
2006
2007
2008
2009
2010
2011
2012 2013 YTD
Highest Sale for the Quarter - 601/110 Marine Parade, $920,000
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0
2003
2004
2005
2006
2007
2008
2009
2010
Number of house and unit sales
2011
houses
2012 2013 YTD
units
500 450 400 350 300 250 200 150 100 50 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012 2013 YTD
currumbin
Median house prices
Highest Sale for the Quarter - 29 Woodgee Street, $1,100,000
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0
2003
2004
2005
Median unit prices
2006
2007
2008
2009
2010
2011
2012 2013 YTD
Highest Sale for the Quarter - 45/38 Duringan Street, $390,000
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0
2003
2004
2005
2006
2007
2008
2009
2010
Number of house and unit sales
2011
houses
2012 2013 YTD
units
120 100 80 60 40 20 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012 2013 YTD
currumbin valley
Median house prices
Highest Sale for the Quarter - 16 Bradman Drive, $850,000
$1,000,000 $800,000 $600,000 $400,000 $200,000 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
Number of house sales
2012 2013 YTD
houses
50 40 30 20 10 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012 2013 YTD
currumbin waters Median house prices
Highest Sale for the Quarter - 4 Guineas Creek Road, $580,000
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0
2003
2004
Median unit prices
2005
2006
2007
2008
2009
2010
2011
2012 2013 YTD
Highest Sale for the Quarter - 13 & 16/14 Wilpark Crescent, $395,000
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0
2003
2004
2005
2006
2007
2008
2009
2010
Number of house and unit sales
2011
houses
2012 2013 YTD
units
500 400 300 200 100 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012 2013 YTD
elanora
Median house prices
Highest Sale for the Quarter - 16 Chestnut Street, $865,000
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0
2003
2004
2005
2006
Median unit prices
2007
2008
2009
2010
2011
2012 2013 YTD
Highest Sale for the Quarter - 13/8 Ottelia Drive, $347,000
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0
2003
2004
2005
2006
2007
2008
2009
2010
Number of house and unit sales
2011
houses
2012 2013 YTD
units
400 350 300 250 200 150 100 50 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012 2013 YTD
palm beach
Median house prices
Highest Sale for the Quarter - 31 Tahiti Avenue, $912,000
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0
2003
2004
Median unit prices
2005
2006
2007
2008
2009
2010
2011
2012 2013 YTD
Highest Sale for the Quarter - 6/1 Twenty Seventh Avenue, $2,100,000
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0
2003
2004
2005
2006
2007
2008
2009
2010
Number of house and unit sales
2011
houses
2012 2013 YTD
units
800 700 600 500 400 300 200 100 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012 2013 YTD
tallebudgera
Median house prices
Highest Sale for the Quarter - 55 Andrews Road, $1,250,000
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
Number of house sales
2012 2013 YTD
houses
120 100 80 60 40 20 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012 2013 YTD
tallebudgera valley
Median house prices
Highest Sale for the Quarter - N/A
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
Number of house sales
2012 2013 YTD
houses
50 40 30 20 10 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012 2013 YTD
tugun
Median house prices
Highest Sale for the Quarter - 51 Oconnor Street, $1,950,000
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0
2003
2004
2005
Median unit prices
2006
2007
2008
2009
2010
2011
2012 2013 YTD
Highest Sale for the Quarter - 27/329 Golden Four Drive, $465,000
$800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0
2003
2004
2005
2006
2007
2008
2009
2010
Number of house and unit sales
2011
houses
2012 2013 YTD
units
400 350 300 250 200 150 100 50 0
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012 2013 YTD
sales
Suburb
Address
Type
Sale Price
Bilinga
360 Coolangatta Road
House
$466,000
Bilinga
9/77 Golden Four Drive
Unit
Bilinga
75 Golden Four Drive
House
$780,000
Bilinga
55 Golden Four Drive
House
$705,000
Bilinga
1/277 Golden Four Drive
Unit
$500,000
Bilinga
13/111-113 Golden Four Drive
Unit
$395,000
Bilinga
3/137 Golden Four Drive
Unit
$390,000
Bilinga
4/265 Golden Four Drive
Unit
$326,000
Bilinga
26/37-43 Golden Four Drive
Unit
$234,000
Bilinga
4/4 Johnston Street
Unit
Confidential
Bilinga
216 Pacific Parade
House
$1,800,000
Bilinga
132 Pacific Parade
House
$1,510,000
Bilinga
17/134 Pacific Parade
Unit
$511,000
Burleigh Heads
2/6 Banksia Broadway
Unit
$632,000
Burleigh Heads
2/10 Banksia Broadway
Unit
$340,000
Burleigh Heads
2/16 Banksia Broadway
Unit
Confidential
Burleigh Heads
7/2 Brake Street
Unit
$404,000
Burleigh Heads
5/21 Burleigh Street
Unit
$280,000
Burleigh Heads
3/4 Burleigh Glen Court
Unit
$292,500
Burleigh Heads
4/6 Burrabee Street
Unit
$460,500
Burleigh Heads
4 Chloe Street
Land
$220,000
Burleigh Heads
2/17 Deodar Drive
Unit
Confidential
Burleigh Heads
50 Djerral Avenue
House
$485,000
Burleigh Heads
22 Dulcie Drive
House
$785,000
Burleigh Heads
5 Dulcie Drive
House
$611,000
Burleigh Heads
8/11 East Street
Unit
$349,000
Burleigh Heads
3/28 East Street
Unit
$646,000
Burleigh Heads
44 Elanora Drive
House
$340,000
Burleigh Heads
4/21 Ewart Street
Unit
$1,100,000
Burleigh Heads
5/3-5 Ewart Street
Unit
$375,000
Burleigh Heads
5 George Street East
House
$405,000
Burleigh Heads
24/19 George Street East
Unit
$335,000
Burleigh Heads
21/1921 Gold Coast Highway
Unit
Confidential
Burleigh Heads
1824 Gold Coast Highway
Burleigh Heads
11/1614 Gold Coast Highway
Confidential
House
$695,000
Unit
$505,000
sales
Suburb
Address
Type
Burleigh Heads
29/1941 Gold Coast Highway
Unit
$290,000
Burleigh Heads
1102/1855 Gold Coast Highway
Unit
$275,000
Burleigh Heads
13/1899 Gold Coast Highway
Unit
$206,000
Burleigh Heads
9/1899 Gold Coast Highway
Unit
$180,000
Burleigh Heads
25/2 Goodwin Terrace
Unit
$790,000
Burleigh Heads
4/2 Goodwin Terrace
Unit
$590,000
Burleigh Heads
16A/52 Goodwin Terrace
Unit
$554,000
Burleigh Heads
10C/52 Goodwin Terrace
Unit
$450,000
Burleigh Heads
26 Hill Avenue
Burleigh Heads
2/17 Hutchinson Street
Burleigh Heads
House
Sale Price
$1,105,000
Unit
$260,000
47 Julia Street
House
$629,000
Burleigh Heads
2/1 Karri Court
Unit
$320,000
Burleigh Heads
14/102 Kortum Drive
Unit
$235,000
Burleigh Heads
3/20 Leda Drive
Unit
$225,000
Burleigh Heads
2/25 Mount Street
Unit
$1,105,000
Burleigh Heads
1039/1 Ocean Street
Unit
$350,000
Burleigh Heads
1048/1 Ocean Street
Unit
Confidential
Burleigh Heads
1108/1 Ocean Street
Unit
Confidential
Burleigh Heads
1114/1 Ocean Street
Unit
$330,000
Burleigh Heads
5/27 Park Avenue
Unit
$275,000
Burleigh Heads
11 Royal View Close
House
$620,000
Burleigh Heads
5/1 Second Avenue
Unit
Confidential
Burleigh Heads
16B/3 Second Avenue
Unit
$520,000
Burleigh Heads
2 Sharscay Close
House
$490,000
Burleigh Heads
31 Sky Royal Terrace
Land
$310,000
Burleigh Heads
16-18 Skyline Terrace
Land
$180,000
Burleigh Heads
20-22 Skyline Terrace
Land
$180,000
Burleigh Heads
6/10 Stanley Street
Unit
$226,500
Burleigh Heads
2/2 Stanley Street
Unit
$310,000
Burleigh Heads
10/6 Stanley Street
Unit
$147,500
Burleigh Heads
1/10 Stanley Street
Unit
$147,500
Burleigh Heads
4/26 Stephens Street
Unit
$330,000
Burleigh Heads
56 Tabilban Street
House
Confidential
Burleigh Heads
16 Tanjenong Place
House
Confidential
Burleigh Heads
41/114 The Esplanade
Unit
Confidential
sales
Suburb
Address
Type
Sale Price
Burleigh Heads
16/106-108 The Esplanade
Unit
$600,000
Burleigh Heads
15/30 The Esplanade
Unit
$520,000
Burleigh Heads
11/202 The Esplanade
Unit
$505,000
Burleigh Heads
42/114 The Esplanade
Unit
$500,000
Burleigh Heads
27/30 The Esplanade
Unit
$480,000
Burleigh Heads
3/42 The Esplanade
Unit
$420,000
Burleigh Heads
203/220-224 The Esplanade
Unit
$372,000
Burleigh Heads
96 The Esplanade
House
$360,000
Burleigh Heads
34/222 The Esplanade
Unit
$320,000
Burleigh Heads
29/1 Township Drive
Unit
Confidential
Burleigh Heads
3/64 Township Drive
Unit
$350,000
Burleigh Heads
1/68-70 Township Drive
Unit
$308,000
Burleigh Heads
17/28 Vantage Point Drive
Unit
$480,000
Burleigh Heads
12/79 West Burleigh Road
Unit
$41,895
Burleigh Heads
31 Wonga Street
House
Confidential
Burleigh Waters
91 Acanthus Avenue
House
$880,000
Burleigh Waters
232 Acanthus Avenue
House
$772,000
Burleigh Waters
14 Aruma Avenue
House
$465,000
Burleigh Waters
72 Banksia Broadway
House
$686,000
Burleigh Waters
41 Banksia Broadway
House
$635,000
Burleigh Waters
1/7 Barbet Place
Unit
$440,000
Burleigh Waters
102/170 Bardon Avenue
Unit
$212,000
Burleigh Waters
38/170 Bardon Avenue
Unit
$208,000
Burleigh Waters
10/2 Beachcomber Court
Unit
$437,000
Burleigh Waters
28 Beaconsfield Drive
House
$460,000
Burleigh Waters
17 Bellbird Avenue
House
$585,500
Burleigh Waters
7/18 Bottlewood Court
Unit
$334,000
Burleigh Waters
114 Burleigh Street
House
$563,000
Burleigh Waters
31/2 Cassowary Drive
Unit
$331,000
Burleigh Waters
27/2 Cassowary Drive
Unit
$300,000
Burleigh Waters
1/85 Christine Avenue
Unit
$391,500
Burleigh Waters
55/220 Christine Avenue
Unit
$294,000
Burleigh Waters
4/220 Christine Avenue
Unit
$280,000
Burleigh Waters
5 Curlew Crescent
House
$520,000
Burleigh Waters
143 Dunlin Drive
House
$520,000
sales
Suburb
Address
Type
Sale Price
Burleigh Waters
1/17 Elwood Court
Unit
$364,000
Burleigh Waters
2/17 Elwood Court
Unit
$338,000
Burleigh Waters
4606/12 Executive Drive
Unit
$350,000
Burleigh Waters
2/5 Felicia Court
Unit
$355,000
Burleigh Waters
11 Fulmar Place
House
$560,000
Burleigh Waters
8 Gannet Street
House
$270,000
Burleigh Waters
12 Gardendale Crescent
House
$475,000
Burleigh Waters
7 Grebe Place
House
$651,000
Burleigh Waters
62 Honeyeater Drive
House
$697,500
Burleigh Waters
97 Honeyeater Drive
House
$600,000
Burleigh Waters
4 Honeywood Court
House
$490,000
Burleigh Waters
11 Kingfisher Crescent
House
$695,000
Burleigh Waters
166/25 Lake Orr Drive
Unit
Burleigh Waters
11 Lanai Drive
House
$590,000
Burleigh Waters
8 Lapwing Place
House
$545,000
Burleigh Waters
4 Limkin Street
House
$440,000
Burleigh Waters
55 Montezuma Drive
House
$420,000
Burleigh Waters
10 Oriole Court
House
$482,500
Burleigh Waters
11 Prinia Place
House
$465,000
Burleigh Waters
9 Rainbird Close
House
Confidential
Burleigh Waters
22 Schooner Court
House
$529,000
Burleigh Waters
42 Sea Eagle Drive
House
$615,000
Burleigh Waters
30 Seville Circuit
House
$475,000
Burleigh Waters
73 Seville Circuit
House
Confidential
Burleigh Waters
14 Shearwater Street
House
$560,000
Burleigh Waters
6 Shoalwater Court
House
Confidential
Burleigh Waters
19/14 Shrike Court
Unit
$330,000
Burleigh Waters
13 Sittella Crescent
House
$600,500
Burleigh Waters
2/10 Snowgum Court
Unit
Confidential
Burleigh Waters
15 Summerwine Street
House
Confidential
Burleigh Waters
2/16 Sunbird Street
Unit
Confidential
Burleigh Waters
19 Tattler Way
House
Confidential
Burleigh Waters
3 Tobago Court
House
$742,000
Burleigh Waters
2/23 Wagtail Court
Unit
$281,000
Burleigh Waters
40 Wedgebill Parade
House
$680,000
Confidential
sales
Suburb
Address
Burleigh Waters
8/89 West Burleigh Road
Coolangatta/Kirra
Type
Sale Price
Unit
$400,000
29 Appel Street
House
$485,000
Coolangatta/Kirra
29 Ballow Street
House
Confidential
Coolangatta/Kirra
44 Ballow Street
House
$475,000
Coolangatta/Kirra
29/243 Boundary Street
Unit
$450,000
Coolangatta/Kirra
402/255 Boundary Street
Unit
$410,000
Coolangatta/Kirra
6/13 Churchill Street
Unit
$320,000
Coolangatta/Kirra
2/27 Coolangatta Road
Unit
$192,000
Coolangatta/Kirra
1/31 Coolangatta Road
Unit
$230,000
Coolangatta/Kirra
1/23 Coolangatta Road
Unit
$255,000
Coolangatta/Kirra
203/6 Coyne Street
Unit
$495,000
Coolangatta/Kirra
7/41-43 Dixon Street
Unit
Confidential
Coolangatta/Kirra
204/4-10 Douglas Street
Unit
Confidential
Coolangatta/Kirra
5/12-14 Douglas Street
Unit
Confidential
Coolangatta/Kirra
3/40-42 Dutton Street
Unit
$375,000
Coolangatta/Kirra
88 Dutton Street
House
$320,000
Coolangatta/Kirra
7/36-38 Dutton Street
Unit
$315,000
Coolangatta/Kirra
2/16-18 Eden Avenue
Unit
Confidential
Coolangatta/Kirra
2/6 Garrick Street
Unit
Confidential
Coolangatta/Kirra
3/61 Garrick Street
Unit
Confidential
Coolangatta/Kirra
21/23 Garrick Street
Unit
$370,000
Coolangatta/Kirra
23/23 Garrick Street
Unit
$370,000
Coolangatta/Kirra
10/18-20 Garrick Street
Unit
$277,500
Coolangatta/Kirra
5/46 Garrick Street
Unit
$245,000
Coolangatta/Kirra
235/99 Griffith Street
Unit
Confidential
Coolangatta/Kirra
405/99 Griffith Street
Unit
$310,000
Coolangatta/Kirra
233/99 Griffith Street
Unit
$292,000
Coolangatta/Kirra
246/99 Griffith Street
Unit
$190,000
Coolangatta/Kirra
202/1 Haig Street
Unit
Confidential
Coolangatta/Kirra
11/6 Haig Street
Unit
$283,000
Coolangatta/Kirra
6/17 Korina Avenue
Unit
$296,000
Coolangatta/Kirra
4 Lord Street
House
$270,000
Coolangatta/Kirra
17/62 Marine Parade
Unit
Confidential
Coolangatta/Kirra
51/62 Marine Parade
Unit
Confidential
Coolangatta/Kirra
601/110 Marine Parade
Unit
$920,000
sales
Suburb
Address
Type
Sale Price
Coolangatta/Kirra
902/110 Marine Parade
Unit
$765,000
Coolangatta/Kirra
1006/88 Marine Parade
Unit
$680,000
Coolangatta/Kirra
18/62 Marine Parade
Unit
$400,000
Coolangatta/Kirra
3/70 Mclean Street
Unit
$197,500
Coolangatta/Kirra
9/50 Miles Street
Unit
Confidential
Coolangatta/Kirra
1/129-131 Musgrave Street
Unit
$695,000
Coolangatta/Kirra
15/12-14 Musgrave Street
Unit
$385,000
Coolangatta/Kirra
9/122 Musgrave Street
Unit
$360,000
Coolangatta/Kirra
22 Musgrave Street
House
$231,000
Coolangatta/Kirra
15/9 Ocean Street
Unit
$1
Coolangatta/Kirra
12/30 Powell Crescent
Unit
$470,000
Coolangatta/Kirra
28 Rutledge Street
House
$678,000
Coolangatta/Kirra
12/9 South Street
Unit
$400,000
Coolangatta/Kirra
2/7-9 Stapylton Street
Unit
$355,000
Coolangatta/Kirra
1/53 Stapylton Street
Unit
$335,000
Coolangatta/Kirra
5/5-7 Tweed Street
Unit
$277,500
Coolangatta/Kirra
4/7 Ward Street
Unit
$462,500
Currumbin
12 Domain Road
House
$501,000
Currumbin
2/158 Duringan Street
Unit
Confidential
Currumbin
45/38 Duringan Street
Unit
$390,000
Currumbin
6/114 Duringan Street
Unit
$235,000
Currumbin
6 Fenton Place
Land
Confidential
Currumbin
15 Mitchell Avenue
House
$440,000
Currumbin
71 Mitchell Avenue
Unit
$298,000
Currumbin
14/71 Mitchell Avenue
Unit
$298,000
Currumbin
6/71 Mitchell Avenue
Unit
$248,000
Currumbin
53 Mitchell Avenue
House
$30,000
Currumbin
784 Pacific Parade
House
$3,540,000
Currumbin
1A/828 Pacific Parade
Unit
Confidential
Currumbin
14 Panorama Drive
House
$637,500
Currumbin
10/27 Philip Street
Unit
$380,000
Currumbin
210/3 Thrower Drive
Unit
$187,500
Currumbin
11 Walsh Street
House
Confidential
Currumbin
29 Woodgee Street
House
$1,100,000
Currumbin Waters
3 Bronhill Street
House
$410,000
sales
Suburb
Address
Type
Sale Price
Currumbin Waters
18 Cannon Drive
House
$470,000
Currumbin Waters
16 Chown Avenue
House
$570,000
Currumbin Waters
10 Clives Circuit
House
Confidential
Currumbin Waters
75 Clives Circuit
House
$345,000
Currumbin Waters
39/154 Currumbin Creek Road
Unit
$380,000
Currumbin Waters
63/154 Currumbin Creek Road
Unit
$380,000
Currumbin Waters
22/96 Galleon Way
Unit
$275,000
Currumbin Waters
43/174 Galleon Way
Unit
$150,000
Currumbin Waters
4 Guineas Creek Road
House
$580,000
Currumbin Waters
30/56 Guineas Creek Road
Unit
$345,000
Currumbin Waters
58/56 Guineas Creek Road
Unit
$304,500
Currumbin Waters
16 Karawatha Drive
House
$482,000
Currumbin Waters
27 Keegan Circuit
House
$570,000
Currumbin Waters
16 Pegasus Court
House
$480,000
Currumbin Waters
23/19 Sellin Place
Unit
$265,000
Currumbin Waters
6 Spinnaker Court
House
$575,000
Currumbin Waters
81 Ware Drive
House
$451,500
Currumbin Waters
45 Ware Drive
House
$450,000
Currumbin Waters
13 Ware Drive
House
$410,000
Currumbin Waters
90 Ware Drive
House
$409,000
Currumbin Waters
44 Whitsunday Drive
House
$720,000
Currumbin Waters
34 Wilkinson Crescent
House
$500,000
Currumbin Waters
13/14 Wilpark Crescent
Unit
$395,000
Currumbin Waters
16/14 Wilpark Crescent
Unit
$395,000
Currumbin Valley
16 Bradman Drive
House
$850,000
Currumbin Valley
32 Brocks Road
House
$550,000
Currumbin Valley
1 Doolee Court
Land
Currumbin Valley
22 Durobby Drive
House
$575,000
Currumbin Valley
37 Fordyce Close
House
Confidential
Currumbin Valley
62 Kyte Street
House
$825,000
Currumbin Valley
781 Trees Road
House
$770,000
Elanora
7 Acmena Court
House
Confidential
Elanora
10 Acmena Court
House
$615,000
Elanora
10 Agave Street
House
$441,000
Elanora
32 Almond Court
House
Confidential
Confidential
sales
Suburb
Address
Type
Sale Price
Elanora
75 Angelica Street
House
$372,020
Elanora
78 Avocado Street
House
Confidential
Elanora
10 Balcatta Court
House
$365,000
Elanora
29 Banksiadale Close
House
$395,000
Elanora
19 Boab Street
House
$457,000
Elanora
5 Bolgart Court
House
$477,000
Elanora
22 Capano Court
House
$535,000
Elanora
77 Casuarina Drive
House
$475,000
Elanora
16 Chestnut Street
House
$865,000
Elanora
23/2-10 Coolgardie Street
Unit
Confidential
Elanora
43/2-10 Coolgardie Street
Unit
$300,000
Elanora
17/2-10 Coolgardie Street
Unit
$288,000
Elanora
78/2-10 Coolgardie Street
Unit
$285,000
Elanora
136/2-10 Coolgardie Street
Unit
$260,000
Elanora
149/2-10 Coolgardie Street
Unit
$231,000
Elanora
23/12 Coolgardie Street
Unit
$165,000
Elanora
1 Crest Drive
House
$500,000
Elanora
35 Currant Street
House
Confidential
Elanora
1/15 Daisy Street
Unit
$339,000
Elanora
1 Damson Place
House
$568,500
Elanora
1/57 Darnel Street
Unit
$295,000
Elanora
3/34 Darnel Street
Unit
$285,000
Elanora
4 Evergreen Drive
House
$635,000
Elanora
10 Exmouth Court
House
$475,000
Elanora
22 Fatsia Court
House
$550,000
Elanora
52 Forest Drive
Land
Elanora
54 Forest Drive
House
$545,000
Elanora
31/232 Guineas Creek Road
Unit
$265,000
Elanora
29/232 Guineas Creek Road
Unit
$254,000
Elanora
21 Holbrook Way
House
$490,000
Elanora
21 Kaffia Court
House
$545,000
Elanora
8 Kaffia Court
House
$431,000
Elanora
16 Kaffia Court
House
$322,000
Elanora
15 Kalamunda Close
House
Confidential
Elanora
2 Lewis Street
House
$380,000
Confidential
sales
Suburb
Address
Type
Sale Price
Elanora
130 Murtha Drive
House
$435,000
Elanora
155/43 Murtha Drive
Unit
$344,000
Elanora
45 Nollamara Drive
House
Confidential
Elanora
25 Nollamara Drive
House
$161,500
Elanora
1 Nollamara Drive
Land
$157,500
Elanora
5 Northlakes Drive
House
$489,000
Elanora
8 Northlakes Drive
House
$489,000
Elanora
13/8 Ottelia Drive
Unit
$347,000
Elanora
54 Saffron Street
House
$565,000
Elanora
98 Saffron Street
House
$456,000
Elanora
31 Saffron Street
House
$424,000
Elanora
60 Silver Glade Drive
House
$495,000
Elanora
34 Silver Glade Drive
House
$490,000
Elanora
29/15 Simpsons Road
Unit
$251,000
Elanora
31 Tussock Crescent
House
Confidential
Elanora
38 Tussock Crescent
House
$440,000
Elanora
40 Tussock Crescent
House
$416,500
Elanora
6 Vista Street
House
$514,000
Elanora
16 Westminster Boulevard
House
$800,000
Elanora
6 Wickepin Court
House
$352,000
Elanora
13 Zinnea Street
House
Confidential
Palm Beach
2/22 Barracuda Court
Unit
$507,000
Palm Beach
2/28 Barracuda Court
Unit
$118,000
Palm Beach
2 Coolibah Drive
House
Confidential
Palm Beach
64 Coolibah Drive
House
$441,000
Palm Beach
1/40 Cypress Terrace
Unit
Palm Beach
232 Cypress Terrace
House
$650,000
Palm Beach
102 Cypress Terrace
House
$525,000
Palm Beach
381 Cypress Terrace North
House
$430,000
Palm Beach
1/143 Cypress Terrace
Unit
$420,000
Palm Beach
2/448 Cypress Terrace North
Unit
$142,500
Palm Beach
4 Diplacus Drive
House
$460,000
Palm Beach
1/19 Fifteenth Avenue
Unit
$270,000
Palm Beach
1302/10 Fifth Avenue
Unit
Confidential
Palm Beach
1501/10 Fifth Avenue
Unit
Confidential
Confidential
sales
Suburb
Address
Type
Sale Price
Palm Beach
50 Fifth Avenue
House
$435,000
Palm Beach
21 First Avenue
House
$416,500
Palm Beach
1/1064 Gold Coast Highway
Unit
Confidential
Palm Beach
26/1198 Gold Coast Highway
Unit
Confidential
Palm Beach
4/1501 Gold Coast Highway
Unit
Confidential
Palm Beach
17/1479 Gold Coast Highway
Unit
$391,000
Palm Beach
7F/973 Gold Coast Highway
Unit
$390,000
Palm Beach
10/1111 Gold Coast Highway
Unit
$320,000
Palm Beach
12/983 Gold Coast Highway
Unit
$285,000
Palm Beach
8/997 Gold Coast Highway
Unit
$280,000
Palm Beach
8/1266-1270 Gold Coast Highway
Unit
$265,000
Palm Beach
2/997 Gold Coast Highway
Unit
$262,500
Palm Beach
5/1306 Gold Coast Highway
Unit
$217,500
Palm Beach
14/1198 Gold Coast Highway
Unit
$155,000
Palm Beach
17 Hawaii Avenue
House
$595,000
Palm Beach
14 Illaroo Street
House
$481,000
Palm Beach
34 Japonica Drive
House
$410,000
Palm Beach
2 Leyte Avenue
House
$470,000
Palm Beach
32 Leyte Avenue
House
$380,000
Palm Beach
1/8 Leyte Avenue
Unit
$365,000
Palm Beach
66 Mallawa Drive
House
Confidential
Palm Beach
73 Mallawa Drive
House
Confidential
Palm Beach
124 Mallawa Drive
House
Confidential
Palm Beach
237 Mallawa Drive
House
$615,000
Palm Beach
135 Mallawa Drive
House
$560,000
Palm Beach
95 Mallawa Drive
Land
$387,500
Palm Beach
17/14 Mawarra Street
Unit
$236,000
Palm Beach
54 Melaleuca Drive
House
$846,000
Palm Beach
130 Melaleuca Drive
House
$720,000
Palm Beach
10 Melaleuca Drive
House
$560,000
Palm Beach
1/28 Murlong Crescent
Unit
Confidential
Palm Beach
11/7 Nalla Court
Unit
$295,000
Palm Beach
60 Nineteenth Avenue
House
Confidential
Palm Beach
78 Nineteenth Avenue
House
$492,000
Palm Beach
2/2 Nineteenth Avenue
Unit
$340,000
sales
Suburb
Address
Type
Sale Price
Palm Beach
10/2 Nineteenth Avenue
Unit
$340,000
Palm Beach
2/4 Ninth Avenue
Unit
$850,000
Palm Beach
2/7 Nyrang Avenue
Unit
$295,000
Palm Beach
10 Oakwood Terrace
House
$450,000
Palm Beach
79 Palm Beach Avenue
House
Confidential
Palm Beach
6/10 Rolan Court
Unit
Confidential
Palm Beach
1/66 Sarawak Avenue
Unit
Confidential
Palm Beach
7/54 Sarawak Avenue
Unit
$270,000
Palm Beach
7/58 Sarawak Avenue
Unit
$190,000
Palm Beach
1/7 Second Avenue
Unit
$492,000
Palm Beach
1/31 Second Avenue
Unit
Confidential
Palm Beach
2/31 Second Avenue
Unit
$485,000
Palm Beach
32 Second Avenue
House
$295,000
Palm Beach
31 Tahiti Avenue
House
$912,000
Palm Beach
6 Tatha Avenue
House
Confidential
Palm Beach
13 Tatha Avenue
House
$390,000
Palm Beach
153/15 Third Avenue
Unit
Palm Beach
208 Townson Avenue
House
$377,550
Palm Beach
134/16 Twenty Eighth Avenue
Unit
$720,000
Palm Beach
48 Twenty Fifth Avenue
House
Confidential
Palm Beach
25 Twenty Fifth Avenue
House
$640,000
Palm Beach
6/1 Twenty Seventh Avenue
Unit
$2,100,000
Palm Beach
5/3 Twenty Seventh Avenue
Unit
$860,000
Palm Beach
7/7 Twenty Seventh Avenue
Unit
$340,000
Palm Beach
10 Twenty Third Avenue
House
$735,000
Tallebudgera
55 Andrews Road
House
$1,250,000
Tallebudgera
14 Aringa Way
House
$330,000
Tallebudgera
3 Coorabin Court
House
$632,000
Tallebudgera
6 Daffodil Street
House
$660,000
Tallebudgera
17 Dungogie Drive
House
Confidential
Tallebudgera
515 Guineas Creek Road
House
$375,000
Tallebudgera
23 Kooringal Court
House
$900,000
Tallebudgera
4 Lita Court
House
$1,185,000
Tallebudgera
6 Staatz Court
House
Confidential
Tallebudgera
64 Sullivan Road
House
$455,000
Confidential
sales
Suburb
Address
Type
Sale Price
Tallebudgera
220 Syndicate Road
House
$730,000
Tallebudgera
212 Tallebudgera Connection Road
House
Confidential
Tallebudgera
1-9 Tally Springs Drive
Land
Confidential
Tallebudgera
100 Valley Drive
House
$1,240,000
Tallebudgera Valley
1171 Tallebudgera Creek Road
Land
$62,600
Tugun
2/31 Alinjarra Drive
Unit
Confidential
Tugun
9/29 Alinjarra Drive
Unit
$280,000
Tugun
18/32 Alinjarra Drive
Unit
$220,000
Tugun
1/454-456 Coolangatta Road
Unit
$360,000
Tugun
2/454-456 Coolangatta Road
Unit
$350,000
Tugun
3/462-464 Coolangatta Road
Unit
$350,000
Tugun
14 Dilgara Street
House
$420,000
Tugun
12/523 Gold Coast Highway
Unit
Confidential
Tugun
3/527 Gold Coast Highway
Unit
Confidential
Tugun
4/351 Golden Four Drive
Unit
Confidential
Tugun
27/329 Golden Four Drive
Unit
$465,000
Tugun
21/329 Golden Four Drive
Unit
$390,000
Tugun
35/329 Golden Four Drive
Unit
$360,000
Tugun
3/495 Golden Four Drive
Unit
$353,000
Tugun
5/495 Golden Four Drive
Unit
$342,000
Tugun
118 Illawarra Crescent
House
$407,000
Tugun
3/5-7 Inland Drive
Unit
Confidential
Tugun
101/2 Inland Drive
Unit
$405,000
Tugun
38/2 Inland Drive
Unit
$360,000
Tugun
164/2 Inland Drive
Unit
$342,000
Tugun
56 Kitchener Street
House
Tugun
1/29 Kitchener Street
Tugun
12 Koombala Street
Tugun
2/7 Millers Drive
Tugun
Confidential
Unit
$380,000
House
$397,000
Unit
$396,500
23 Morshead Street
House
$349,000
Tugun
49 Oconnor Street
House
Confidential
Tugun
51 Oconnor Street
House
$1,950,000
Tugun
10 Partridge Place
House
$439,000
Tugun
10 Tugun Street
House
$345,000
Notes: This information is being provided by RP Data based on exchanged sales. Its accuracy cannot be guaranteed. Parties should rely on their own enquiries and McGrath will not be liable for error or admissions herein.
john mcgrath
A word on the market The Gold Coast market is improving but has a long way to go yet. I believe the Gold Coast has been oversold and there is great room for prices to grow from today’s low base. The Commonwealth Games and associated new infrastructure is breathing new life into the area with many long-term benefits yet to be had. There are new signs of life in the prestige market with several high end sales occurring in the first half of the year, including $9,800,000 for 5 McMillan Court, Southport which at the time of sale set a new suburb record and achieved the highest sale price at auction since the GFC. In conclusion, we are at the start of a new growth cycle, which will play out over the next three to five years. This is an exciting time in Australian real estate with plenty of opportunity for Australians to create new wealth for themselves by investing in property today.
John McGrath, CEO McGrath Estate Agents
Brendan Andrews 5534 0315 0417 788 882 brendanandrews@mcgrath.com.au mcgrath.com.au