Market Insights Autumn 2023 - Daniel Tavener

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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

ALAN WHITE ELITE 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 T A V E N E R PROPERTY & SALES SPECIALIST 0431 837 814 daniel tavener@raywhite com Daniel Tavener
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
A M E S S A G E F R O M D A N I E L T A V E N E R
Market Insights

Elanora

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

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

Coolangatta

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!

(RWTE BehindtheGavel
glance
a glance...
Our market at a
at
January
Median Sale Price (house) $1,180,000 Median Sale Price (unit) $690,000 Average Days on Market 57 Average Days On Market 33 Highest Sale $2,900,000
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
Currumbin
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)
Beach (RWTE) Median Sale Price (house) $1,430,000 Median Sale Price (unit) $1,100,000 Average Days on Market 76 Average Days On Market 31 Highest Sale $8,900,000
Palm
(RWTE Median Sale Price (house) $1,803,000 Median Sale Price (unit) $1,165,000 Average Days on Market 74 Average Days On Market 48 Highest Sale $2,650,000

The right time to refinance.

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

"My family and I have moved from Sydney and purchased a number of properties from Daniel, he has always impressed with his service and professionalism Recently we engaged his services to sell our investment property with the result being outstanding Highly recommend his services " - Seller in Elanora

0431 837 814

daniel tavener@raywhite com

Daniel Tavener Ray White

danieltavener raywhite

METHOD:
SALE PRICE: $1,500,000
ONLINE AUCTION BUYER ORIGIN: LOCAL
METHOD:
41 FOREST DRIVE, ELANORA SALE PRICE: $1,317,000
ONLINE AUCTION BUYER ORIGIN: INTERSTATE
METHOD:
BUYER
11 TUSSOCK CRESCENT, ELANORA SALE PRICE: $1,488,000
ONLINE AUCTION
ORIGIN: INTERSTATE
METHOD:
31 RUTLEDGE STREET, COOLANGATTA SALE PRICE: $2,207,000
PRIVATE TREATY BUYER ORIGIN: INTERSTATE
13 TIMOR AVENUE, PALM BEACH
Our Noteable
Our Sales
SALE
METHOD:
BUYER
1501/1328 GOLD COAST HIGHWAY, PALM BEACH
PRICE: $1,300,000
PRIVATE TREATY
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

INFORMATION PAGE

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