Market Insights Autumn 2023 - Daniel Jeffries

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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 plans you may have now or in the future

Premier W W W . R A Y W H I T E T U G U N E L A N O R A . C O M Awarded PERFORMER 21-22 P R O U D L Y P R E S E N T E D B Y D A N I E L J E F F R I E S LICENSED REAL ESTATE AGENT 0422 020 920 daniel jeffries@raywhite com Daniel Jeffries
S O U T H E R N G O L D C O A S T - A U T U M N E D I T I O N 2 0 2 3 Market Insights A M E S S A G E F R O M D A N I E L J E F F R I E S

Our market at a glance at a glance...

January 2023 - March 2023

Currumbin Waters

Competition Creators...

Over the last 3 years, we're proud to have established ourselves as your Auction Leaders on the Southern Gold Coast 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.

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

Tugun

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

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!

Median Sale Price (house) $1,100,000 Median Sale Price (unit) $710,000 Average Days on Market 71 Average Days On Market 29 Highest Sale $1,955,000 (RWTE
Median Sale Price (house) $1,430,000 Median Sale Price (unit) $1,100,000 Average Days on Market 71 Average Days On Market 29 Highest Sale $10,125,000 (RWTE Palm Beach Median Sale Price (house) $1,546,250 Median Sale Price (unit) $935,000 Average Days on Market 76 Average Days On Market 31 Highest Sale $8,900,000 (RWTE
Currumbin
Median Sale Price
$1,128,000 Median Sale Price (unit) $760,000 Average Days On Market
Average Days On Market
Highest Sale $9,100,000 (RWTE
(house)
70
34
Median
Average Days
Average Days
Market
Highest Sale $2,900,000 (RWTE) BehindtheGavel
Elanora Median Sale Price (house) $1,180,000
Sale Price (unit) $690,000
on Market 57
On
33

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.

onnor Summers

6 838 673 nor summers@loanmarket com au

Leading Group, Local Team

"We highly recommend Daniel as an agent. He is proactive and kept us informed throughout the entire process He has great knowledge and we trusted his judgement along the way Most of all Daniel is genuine and has your best interests at heart "

0422 020 920

daniel jeffries@raywhite com

Daniel Jeffries - Ray White

@daniel jeffries raywhite

10 BRADSHAW DRIVE, CURRUMBIN WATERS SALE PRICE: $1,570,000

METHOD: PRIVATE TREATY BUYER ORIGIN: LOCAL

18/96 GALLEON WAY, CURRUMBIN WATERS SALE PRICE: $630,000

METHOD: PRIVATE TREATY BUYER ORIGIN:QLD

20 ELIZABETH STREET TUGUN SALE PRICE: $2,850,000

METHOD: ONLINE AUCTION BUYER ORIGIN: LOCAL

36 AETHALIA STREET, CURRUMBIN WATERS

SALE PRICE: $1,050,000

METHOD: ONLINE AUCTION BUYER ORIGIN: INTERSTATE

13 JARRAHDALE DRIVE, ELANORA SALE PRICE: $970,000

METHOD: ONLINE AUCTION BUYER ORIGIN:QLD

QUEENSLAND'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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