Market Insights
It's that time of the year where we welcome longer nights, crisper mornings and golden sunrises The arrival of Autumn - a favourite season of mine - is often mistaken as a slower period within real estate, but in truth, all seasons have their advantages.
House prices have now been rising for three consecutive months, suggesting that this is more than just a one off change in market conditions With this encouraging new data you might expect to see a bigger surge in new listings. But with the days getting shorter the temptation for some sellers is to batten down the hatches and wait it out until spring, although this may be a missed opportunity
In this breath, between the perception of a tougher market and the realisation of more positive selling conditions, there's a chance to capitalise on competing with fewer similar properties If you've ever heard about selling in isolation versus selling in competition, there's a clear advantage to selling when there's less choice for buyers - more eyeballs and inspections per property means greater likelihood of multiple offers and therefore a premium price
With inspections numbers climbing against the same period last year, we're now seeing 24 per cent more people through our open homes Buyers are out, prices are increasing, interest rates are on hold All very positive reasons to sell now!
We hope you find the following newsletter of value and would love to discuss any and all real estate pla
P R O U D L Y P R E S E N T E D B Y A L E X P H I L L I P S PROPERTY & SALES CO 0404 335 212 alex.phillips@raywhite. Alex P
S O U T H E R N G O L D C O A S T & N O R T H E R N N E W S O U T H W A L E S
A M E S S A G E F R O M A L E X P H I L L I P S
Our market at a glance at a glance
Coolangatta & Surrounds
Tweed Heads
Competition Creators...
Over the last 3 years, we're proud to have established ourselves as your Auction Leaders on the Southern Gold Coast & Northern NSW selling over 360 properites under our yellow hammer Calling 75% of all Auctions in our region & 1 in 5 of all Auctions held across the country the numbers speak for themselves - no-one sells more property at Auction than Ray White.
Chinderah
Our consistent objective on every individual campaign has been simple, to achieve the highest price on the very best terms for our clients - no finance, no building and pest clause, and no cooling off
Our results so far this 2022/23 financial year speak for themselves
83% Of Auctions sold prior, on, or within 30 days
382 Locals, interstate & international buyers registered to bid
2,300 Spectators watched LIVE Online
109 Local home owners have sold their home at one of our Event's
Kingscliff
With hopes of providing our local home owners greater insight into these successful events, we sat down with Ray White Queensland Chief Auctioneer Gavin Croft to unpack the why behind our Online Auctions Simply click the QR Code below to watch the full interview!
BehindtheGavel
Median Sale Price (house) $1,803,000 Median Sale Price (unit) $1,165,000 Average Days on Market 74 Average Days On Market 23 Highest Sale $2,650000 ALEXPHLLIPS
Median Sale Price (house) $917,500 Median Sale Price (unit) $680,000 Average Days on Market 72 Average Days On Market 23 Highest Sale $2,900,000 Median Sale Price (house) $800,000 Median Sale Price (unit)Average Days on Market 81 Average Days On Market 23 Highest Sale $1,300,000
Sale Price (house) $1,970,000 Median Sale Price (unit) $915,000 Average Days on Market 77 Average Days On Market 23 Highest Sale $4,950,000
Median
January 2023 - March 2023 ALEXPHLLIPS ALEXPHLLIPS ALEXPHLLIPS
The right time to refinance. Our Noteable Our Sales
Things in life change - and that includes interest rates, your circumstances and goals. When they do, it could be time for your home loan to change too. It’s a way you could potentially save money, trim your mortgage and ultimately, get a better deal.
You don’t have to go it alone - with a broker doing the legwork with your best interests at the heart of all recommendations, refinancing can be easier than ever. To discuss your own borrowing power, reach out to Connor Summers at Loan Market for your free, no-obligation chat or click the QR code below for Loan Market's guide to refinancing.
Connor Summers 0416 838 673 connor summers@loanmarket com au
Leading Group, Local Team
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. He approaches all each sale from all angles And making sure your campaigns getting his best one
7/29-31 DIXON STREET, COOLANGATTA
SALE PRICE: $715,000
METHOD: ONLINE AUCTION
BUYER ORIGIN: QLD
31 RUTLEDGE STREET, COOLANGATTA
SALE PRICE: $2,207,000
METHOD: PRIVATE TREATY
BUYER ORIGIN: LOCAL
86 JACARANDA AVENUE, TWEED HEADS
SALE PRICE: $1,020,000
METHOD: ONLINE AUCTION
BUYER ORIGIN: LOCAL
1/12B BOUNDARY LANE, TWEED HEADS
SALE PRICE: $1,590,000
METHOD: PRIVATE TREATY
BUYER ORIGIN: LOCAL
alex phillips@raywhite com
Alex Phillips RWTE
@alex phillips rwte
19 KENT STREET, COOLANGATTA
SALE PRICE: $886,000
METHOD: PRIVATE TREATY
BUYER ORIGIN: QLD
0404 335 212
AUSTRALIA'S LARGEST ONLINE AUCTION EVENT
Sell your property on a monumental scale with the backing of Australia’s #1 Real Estate Network. No other marketing campaign has the potential to reach more buyers or build more profile on a national level.
ACHIEVE THE HIGHEST POSSIBLE PRICE ON THE VERY BEST TERMS
Ray White proudly conducted 465 auctions across Queensland 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.
MAXIMUM EXPOSURE & UNPARALLELED SUCCESS
From first home buyers to downsizers, investors & expats, Queensland's best Online Auction offices will bring together the largest qualified buyer pool no matter where they are located. Our ability to draw a crowd and create competition has benefited past sellers whose sale price achieved under the hammer was on average at least 11% higher than the best offer they received prior to Auction in February.
Interested in selling, buying or watching this event?
CLICK THE QR CODE FOR OUR EVENT
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