Lisa Halpin | Prestige Waterfront Residential Sales Update 2017/18

Prestige Waterfront Residential Sales Update 2017/18 Lisa Halpin

Golden triangle of opportunity

It was great to be back on the Gold Coast for the 21st annual The Australasian Real Estate Conference (AREC), attended by over 4,000 of Australia’s best industry professionals. While I was there I was once again reminded of how much potential the South-East Queensland property market is offering both seachangers and investors at this stage in its market cycle.

In my view, Brisbane is the best market in Australia currently for short to medium term price growth, with the value gap between it and the other big East Coast capitals as large as I’ve seen it in many years.

When you factor in the key drivers for future growth – liveability, affordability, scale and future economic prospects, they all suggest that Brisbane is a market to invest in.

South East Queensland has so many options for asset-rich, cash-poor southerners. Many of our customers in Sydney and Melbourne are looking closely at South East Queensland both

for investment and a potential seachange.

I believe its affordability will continue to attract record levels of interstate migration.

I believe the area from the Gold Coast to Toowoomba and up to the Sunshine Coast is Australia’s golden triangle right now. Both the Gold Coast and Sunshine Coast are also appealing seachange options benefitting from a raft of new infrastructure that will drive further population growth and generate more local jobs.

South East Queensland is offering opportunity everywhere for both owner occupiers and investors alike. Now’s the time to consider what Australia’s premier lifestyle market can do for you.

John McGrath Founder & Executive Director

2 Anglers Esplanade, Runaway Bay $4.85m

Waterfront house sales over $3 million – 2017/18 Address

Bed

Bath

Car

Land (m2)

Price

Sale date

103-105 Hedges Ave, Mermaid Beach

3

3

6

810

$11.6M

15-Jun-18

46 Knightsbridge Pde East, Sovereign Islands

5

7

10

1,402

$5.4M

28-May-18

13 Ocean Street, Mermaid Beach

4

2

4

405

$4.6M

28-May-18

13 Sheridan Park Ave, Broadbeach Waters

6

7

3

771

$3.0M

20-May-18

100 Regatta Parade, Southport

4

4

4

1153

Undisclosed

16-May-18

31-33 Clear Water Bay Ave, Clear Island Waters

5

4

3

2,335

$4.3M

3-May-18

31 Buccaneer Court, Paradise Waters

5

6

3

1102

Undisclosed

16-Apr-18

18 Anglers Esplanade, Runaway Bay

5

4

4

736

$3.1M

31-Mar-18

11 Kootingal Street, Ashmore

5

6

4

4,105

$3.75M

21-Mar-18

111 Tallebudgera Drive, Palm Beach

4

2

2

908

$3.3M

11-Mar-18

38 The Sovereign Mile, Sovereign Islands

5

5

4

953

$3.15M

8-Mar-18

10 King Charles Drive, Sovereign Islands

5

5

7

707

$3.2M

26-Feb-18

57 Admiralty Dr, Paradise Waters

5

5

4

721

$3.35M

16-Feb-18

31 The Corso, Isle of Capri

5

6

6

1,137

$8.8M

13-Feb-18

100 Commodore Dr, Paradise Waters

4

5

3

713

$3.5M

10-Feb-18

52 Royal Albert Cres, Sovereign Islands

5

3

4

815

$3.75M

8-Feb-18

57 Woodgee Street, Currumbin

6

6

4

733

$5.6M

31-Jan-18

2580 Gracemere Circuit North, Hope Island

6

7

12

1,350

$3.25M

30-Jan-18

2623 Virginia Drive, Hope Island

4

5

5

1000

$5.05M

30-Jan-18

131 Sir Bruce Small Blvd, Benowa

5

6

3

854

$3.1M

25-Jan-18

20 Knightsbridge Pde West, Sovereign Islands

4

5

7

700

$3.3M

20-Jan-18

5809 Clearwater Cres, Sanctuary Cove

4

4

3

1,607

$3.8M

17-Jan-18

12 Royal Albert Cres, Sovereign Islands

5

5

10

718

$3.5M

14-Jan-18

82-84 Savoy Drive, Broadbeach Waters

4

4

2

1,507

$4.35M

22-Nov-17

35 Brittanic Cres, Sovereign Islands

6

5

2

1,164

$3.25M

18-Nov-17

53 The Corso, Isle of Capri

5

4

4

546

$4.15M

17-Nov-17

2 Twenty Seventh Avenue, Palm Beach

-

-

-

817

$9.0M

17-Nov-17

5 San Remo Blvd, Bundall

6

7

-

1,312

$3.575M

27-Oct-17

1 Hilda Street, Mermaid Beach

3

2

3

405

$5.0M

27-Oct-17

1473 Gold Coast Highway, Palm Beach

-

-

-

826

$3.0M

26-Oct-17

45 Conifer Cres, Broadbeach Waters

5

5

2

1,300

$3.125M

23-Oct-17

85 Gibraltar Dr, Isle of Capri

5

7

3

612

$3.93M

21-Oct-17

32 Midshipman Ct, Paradise Waters

5

5

4

875

$4.6M

21-Oct-17

35 Knightsbridge Pde West, Sovereign Islands

-

-

-

709

$4.0M

17-Oct-17

12 Admiralty Dr, Paradise Waters

4

3

2

703

$3.102M

10-Oct-17

51 The Corso, Isle of Capri

5

4

2

546

$3.35M

1-Oct-17

5250 Marine Drive North, Sanctuary Cove

4

6

8

711

$4.788M

30-Sep-17

72 Amalfi Dr, Isle of Capri

5

4

2

783

$4.12M

29-Sep-17

2096 The Circle, Sanctuary Cove

3

3

3

1,127

$4.5M

26-Sep-17

171 Jefferson Lane, Palm Beach

6

3

3

412

$3.5M

26-Sep-17

29-31 Cessnock Cl, Mermaid Waters

5

7

2

1,633

$3.25M

23-Sep-17

116 Commodore Drive, Paradise Waters

4

4

2

909

$3.0M

12-Sep-17

151 Sir Bruce Small Blvd, Benowa

6

6

3

931

$3.0M

7-Sep-17

63 Jefferson Lane, Palm Beach

4

4

2

597

$3.2M

7-Sep-17

8081 Riverside Drive, Sanctuary Cove

5

6

6

899

$3.4M

1-Sep-17

32 Andrea Ave, Broadbeach Waters

-

-

-

1,378

$5.0M

30 Aug-17

33 Naples Ave, Isle of Capri

4

5

3

946

$5.25M

27-Aug-17

235 Hedges Avenue, Mermaid Beach

5

5

5

405

$5.625M

25-Aug-17

20 Viking Ct, Paradise Waters

5

5

5

736

$3.72M

20-Aug-17

25 Hedges Ave, Mermaid Beach

2

2

2

607

$6.5M

19-Aug-17

2334 Cressbrook Drive, Hope Island

6

7

6

1,412

$4.2M

15-Aug-17

187-191 Hedges Avenue, Mermaid Beach

5

5

7

1,214

$16.5M

15-Aug-17

103 Commodore Dr, Paradise Waters

7

8

5

921

$5.02M

3-Aug-17

57 Charolais Cres, Benowa

5

5

5

2,302

$3.9M

1-Aug-17

3 Sir Bruce Small Blvd, Benowa

8

8

6

2,626

$4.1M

26-Jul-17

1 Dudley Street, Mermaid Beach

4

4

3

450

$5.2M

17-Jul-17

40-42 The Peninsula, Sovereign Islands

5

5

8

1,412

$3.4M

12-Jul-17

Source: RP Data

Lisa Halpin Prestige, Waterfront Property Specialist A Licensed Real Estate Agent with McGrath Estate Agents, Lisa has marketed and sold exceptional properties in the luxury property market in Dubai and Australia and has over 14 years’ experience.

With over $130m in recent, residential property sales she has a proven track record of excellent contract negotiations, unrivalled customer service and achieving record sales for her clients including the notable sales of: 46-48 Norseman Court, Paradise Waters

$10.2m

201- 205 Monaco St, Broadbeach Waters

$9.5m

2 Anglers Esplanade, Runaway Bay

$4.85m

52 Shearwater Esplanade, Runaway Bay

$4.01m

51 The Corso, Ilse of Capri

$3.35m

Lisa is rewarded by a continual stream of repeat and referral business from many satisfied clients.

Originally from the UK she spent 12 years in the Middle East before moving to Australia with her husband and children. Enjoying the enviable life-style she recognises that the Gold Coast is a magical place to live and raise a family.

Notable, recent sales by Lisa Halpin & McGrath Address

Bed

Bath

Car

Land (m2)

Price

1

46-48 Norseman Court, Paradise Waters*

5

7

6

2,295

$10.2M

2

201-205 Monaco Street, Broadbeach Waters*

6

8

10

4,001

$9.5M

3

43-45 The Promenade, Isle of Capri

4

3

2

1,508

$6.5M

4

61 Jefferson Lane, Palm Beach

6

6

6

856

$5.9M

5

2 Anglers Esplanade, Runaway Bay*

4

3

2

842

$4.85M

6

117 Albatross Avenue, Mermaid Beach

1

1

2

810

$4.8M

7

331/24 Breaker Street, Main Beach

3

5

2

-

$4.475M

8

52 Shearwater Esplanade, Runaway Bay*

6

4

3

728

$4.012M

9

51 The Corso, Isle of Capri*

4

4

2

546

$3.35M

4

3

2

703

$3.102M

10 12 Admiralty Drive, Paradise Waters *Sold by Lisa Halpin with a former agency. Source: RP Data

57

68

12

2017/18

2016/17

2012/13

Number of waterfront house sales over $3 million

Lisa Halpin 0488 885 472 lisahalpinrealty lisahalpinrealty lisahalpin@mcgrath.com.au mcgrath.com.au