MARKET INSIGHTS 18 $4,050,000 Highest House Sale Price House sales achieved in the last 8 weeks $855,000 Median House Sale Price 10 $780,000 Highest Apartment Sale Price Apartment sales achieved in the last 8 weeks $637,500 Median Apartment Sale Price 78 Average DOM 26 RWTE Average DOM 52% Auction Clearance 88% RWTE Auction Clearance *StatisticsfromPricefinderandpreliminaryAuctiondatafromRayWhite August&September2023 August&September2023 August&September2023 August&September2023 Tweed Heads South 1st August - 30th September 2023
1st August - 30th September 2023
ADDRESS SUBURB PARTICULARS PRICE DATE
RECENT SALES Tweed Heads South
*All information sourced is from Pricefinder & this report provides an overview of all sales that have taken place in the area, by all agents not only those of Ray White Tugun/Elanora but other agencies as well In preparing this document we have used our best endeavours to ensure the information contained herein is true and accurate but we accept no responsibility and disclaim all liability in respect to any errors omissions inaccuracies or misstatements that may occur 7 Oxley Street Tweed Heads South $700,000 4 Burgundy Court Tweed Heads South $944,005 Aug 23 2b 1b 4c 3b 2b 2c 54/2 Falcon Way 28 Champagne Drive Tweed Heads South Tweed Heads South 3b 2b 2c $670,000 $920,000 Aug 23 Aug 23 28/12 Trigonie Drive 3 Lakeview Parade Tweed Heads South Tweed Heads South $198,000 $860,000 Aug 23 Aug 23 3b 2b 2c4b 2b 2c Aug 23 32-34 Dry Dock Road Tweed Heads South $760,000 Aug 23 3b 2b 2c 18 Harrier Street Tweed Heads South $1,100,000 Aug 23 5b 3b 3c 7 Lorikeet Drive Tweed Heads South 4b 2b 2c $1,160,000 12/46 Dry Dock Road 15 James Road Tweed Heads South Tweed Heads South $480,0002b 1b 1c 6b 3b 5c 107/1 Harrier Street 58/250 Kirkwood Road Tweed Heads South Tweed Heads South 3b 2b 3c10/1 Rosella Close 5 Oxley Street Tweed Heads South Tweed Heads South$710,000 2b 1b 2c 3b 2b 1c 3b 1b 2c 2/3 Seymour Street Tweed Heads South $695,000 3b 3b 1c 17/1 Philip Parade Tweed Heads South - 2b 1b 1c Sep 23 Sep 23 Sep 23 Sep 23 Sep 23 Sep 23 Sep 23 Sep 23 Sep 23 6 Lakeview Parade Tweed Heads South $350,000 3b 1b 2c Sep 23 5/11 Lloyd Street Tweed Heads South $430,000 2b 1b 1c Sep 23 3/17 William Street Tweed Heads South $605,000 3b 2b 1c Sep 23 7 Hillcrest Avenue Tweed Heads South $950,000 3b 1b 4c Sep 23 70 Dry Dock Road Tweed Heads South $950,000 Aug 23 5b 2b 2c 13/2 Falcon Way Tweed Heads South $850,000 Aug 23 4b 3b 2c 2/24 Shallow Bay Drive Tweed Heads South $850,000 Aug 23 4b 3b 2c 244 Kirkwood Road Tweed Heads South $810,000 4b 2b 2c Sep 23 157 - 161 Minjungbal Drive Tweed Heads South $4,050,000 - Sep 23 112 Dry Dock Road Tweed Heads South - 2b 1b 2c Sep 23 52/12 Trigonie Drive Tweed Heads South $690,000 3b 2b 1c Sep 23
WHY SELL NOW?
REAL-TIME DATA FROM RAY WHITE'S CHIEF ECONOMIST, NERIDA CONISBEE
We are well & truly in the midst of Spring selling! The Spring selling season is classed as one of the best times to sell your property After all, gardens are looking their best, buyers are happy to come out in the warmth for open home inspections, and a Spring purchase means buyers will be in their new home in time for the end of year holiday season
With housing inventory tracking at unprecedented lows throughout most of 2023, it is unsuprising that as we enter this traditionally advantagous selling period that we are seeing a surge in local homeowners bringing their property to market
While there was speculation that house price growth would slow once more properties became available for sale, this doesn’t seem to be the case, with all capital cities now recording year-on-year price increases Buyer demand remains robust, despite finance costs and the relative difficulties in getting a home loan compared to 18 months ago.
Continuing strong rental growth conditions are leading more people to consider buying their own homes, while a lack of new home builds are pushing more into the established home market. With interest rates at or close to peak, it’s likely greater certainty about where rates will settle will also be a factor
This strength in buyer demand is showing up real time at Ray White auctions Despite the number of properties going to auction in August being 10 per cent higher than last year, the number of active bidders is up 27 per cent There are now significantly more people bidding even though auction numbers are up
Data like this should be a barometer for your decision making The real estate landscape moves quickly and identifying trends and movements is more important than ever With top-end market results tipped to continue throughout Spring, we encourage our prospective sellers to take advantage of the favourable market conditions - sooner rather than later
ELITE AGENT, ELITE EXPERIENCE Alex Phillips Forward thinking and fast paced by nature, Alex has an unrivalled flair for customer service having previously owned a business within the hospitality industry It’s his lively character paired with the ability to connect that allows him to establish rapport with his clients in no time at all Relocating his young family to the Gold Coast in 2015, Alex and his wife Alicia, have a weighted appreciation of the opportunities & lifestyle our region offers Now in the position to raise their children to see the value of hard work, dedication and ambition while teaching them the importance of a hearty, healthful lifestyle These are principles in life that ultimately reflect in Alex's work ethic Humble enough to know all good things take time; with plenty of resources to identify the right answer, he’s approaching each sale from all angles And making sure your campaign’s getting his best one 0404 335 212 alex.phillips@raywhite.com alex phillips rwte S C A N / C L I C K T H E Q R C O D E F O R A N O B L I G A T I O N F R E E P R O P E R T Y A P P R A I S A L C U R I O U S T O K N O W H O W T H E S E R E C E N T R E S U L T S M A Y H A V E I N F L U E N C E D T H E P R I C E O F Y O U R P R O P E R T Y ?
WELCOME HOME Recently Sold
by Ray White Tugun Elanora
86 Jacaranda Avenue, Tweed Heads
SOLD $1,020,000
Under the Hammer
1/12B Boundary Lane, Tweed Heads
SOLD $1,590,000
Post Auction
31/33 Lloyd Street, Tweed Heads
SOLD $840,000
Under the Hammer
109 McLean Street, Coolangatta
SOLD $1,900,000
Sold Auction Weekend
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Ray White proudly conducted 465 auctions across Southern Queensland & Northern New South Wales in February alone with an average of 5.4 registered bidders per property. With 6 in every 10 Auctions selling in 3 weeks or less, with no finance, no building and pest clause, and no cooling off period. Our consistent objective on every individual campaign is simple, to achieve the highest price on the very best terms for our sellers.
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