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 I O N Z O R K O PROPERTY & SALES SPECIALIST 0416 516 652 dion zorko@raywhite com Dion Zorko
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 I O N Z O R K O
Our market at a glance at a glance...
January 2023 - March 2023
Palm Beach
Competition Creators...
Elanora
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
Currumbin
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 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 Median Sale Price (house) $1,128,000 Median Sale Price (unit) $760,000 Average Days on Market 70 Average Days On Market 34 Highest Sale $9,100,000
Tugun
(RWTE) 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
(RWTE) Median
Price
Median Sale Price
Average Days
Market
Average Days On Market
Highest Sale
Sale
(house) $1,430,000
(unit) $1,100,000
on
71
29
$10,125,000
Median
Average
Average
Highest
$2,650,000 BehindtheGavel
(RWTE Median Sale Price (house) $1,803,000
Sale Price (unit) $1,165,000
Days on Market 74
Days On Market 48
Sale
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
Sales
1501/1328 GOLD COAST HIGHWAY, PALM BEACH
SALE PRICE: $1,300,000
METHOD: ONLINE AUCTION
BUYER ORIGIN: LOCAL
13 TIMOR AVENUE, PALM BEACH
SALE PRICE: $1,500,000
METHOD: ONLINE AUCTION
BUYER ORIGIN: LOCAL
5 BUCKINGHAM WAY, ELANORA SALE PRICE: $1,850,000
METHOD: ONLINE AUCTION
BUYER ORIGIN: LOCAL
Leading Group, Local Team
"Dion is an enthusiastic and knowledgeable agent who devised a strategy that resulted in a quick sale that surpassed our expectations We would 100% recommend Dion and look forward to working with him again in the future "
Debbie Ryan
0416 516 652
dion zorko@raywhite com
Palm Beach Property - Dion Zorko @dion zorko
17 DOMAIN ROAD, CURRUMBIN
SALE PRICE: $1,045,000
METHOD: ONLINE AUCTION
BUYER ORIGIN:LOCAL
11 TUSSOCK CRESCENT, ELANORA
SALE PRICE: $1,488,000
METHOD: ONLINE AUCTION
BUYER ORIGIN:QLD
Our
Noteable Our
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
