20 $1,730,000 Highest House Sale Price House sales achieved in the last 8 weeks $1,220,000 Median House Sale Price 11 $830,000 Highest Townhouse/Duplex Sale Price Townhouse/Duplex sales achieved in the last 8 weeks $671,917 Median Townhouse/Duplex Sale Price 34 Suburb Average DOM 23 RWTE Average DOM 61% Suburb Auction Clearance 89% RWTE Auction Clearance *StatisticsfromPricefinderandpreliminaryAuctiondatafromRayWhite MARKET INSIGHTS August&September2023 August&September2023 August&September2023 August&September2023 Elanora 1st August - 30th September 2023
1st August - 30th September 2023
SALES
RECENT
Elanora
*AllinformationsourcedisfromPricefinder&thisreportprovidesanoverviewofallsalesthathavetakenplaceinthearea,byallagentsnotonlythoseofRayWhiteTugun/Elanorabutotheragenciesaswell Inpreparingthisdocumentwehave usedourbestendeavourstoensuretheinformationcontainedhereinistrueandaccurate,butweacceptnoresponsibilityanddisclaimallliabilityinrespecttoanyerrors,omissions,inaccuracies,ormisstatementsthatmayoccur ADDRESS SUBURB PARTICULARS PRICE DATE 30/2-10 Coolgardie Street 12 Exmouth Court Elanora Elanora 3b 2b 1c $830,000 $1,190,000 Aug 23 18/15 Simpsons Road 5/8 Ottelia Drive Elanora Elanora $595,000 $740,000 Aug 23 Aug 23 3b 2b 2c 3b 2b 1c 3b 2b 1c 36 Bergamont Street 8-10 Buckingham Way Elanora Elanora 4b 2b 2c $1,075,000 $1,710,000 Aug 23 Aug 23 32 Tipuana Drive 89/31 Simpsons Road Elanora Elanora $1,010,000 $490,000 Aug 23 Aug 23 4b 3b 2c 4b 2b -c 2b 1b 4c Aug 23 1/34 Darnel Street 34 Angelica Street Elanora Elanora 2b 1b 3c $800,500 $1,265,000 Sept 23 14 Agave Street 12 Correa Court Elanora Elanora $1,450,000 $1,210,000 Sept 23 Sept 23 3b 2b 4c 5b 2b 2c 3b 2b 4c 21 Ballidu Close 24 Serafini Court Elanora Elanora 5b 3b 2c $1,500,000 $1,260,000 Sept 23 Sept 23 76 Silver Glade Drive 9 Walnut Street Elanora Elanora $969,000 $1,052,500 Sept 23 Sept 23 4b 2b 2c 4b 2b 2c 3b 2b 2c Sept 23 20 Kentia Court Elanora $1,370,000 Sept 23 29/12 Coolgardie Street 85 Angelica Drive Elanora Elanora $560,000 $960,000 Sept 23 Sept 23 3b 2b 2c 2b 2b 1c 4b 2b 2c 51 Westminster Boulevard Elanora $1,730,000 Sept 23 20 Boab Street 21 Ballidu Close Elanora Elanora $995,000 $1,500,000 Sept 23 Sept 23 4b 2b 2c 4b 2b 2c 5b 3b 2c 15 Leopard Avenue Elanora $1,220,000 Sept 23 19 Vista Street 109/43 Murtha Drive Elanora Elanora $1,370,000 $730,000 Sept 23 Sept 23 4b 2b 2c 4b 2b 1c 3b 2b 1c 3 Colac Court Elanora - Sept 23 3b 1b 1c 1/24 Waterdown Drive Elanora $800,000 Aug 23 3b 2b 1c 14 Jandakot Court Elanora $1,400,000 Aug 23 3b 2b 2c 83/11 Araucaria Way Elanora $570,000 Aug 2354 Baekea Drive Elanora $1,030,000 Sept 23 2/3 Maranta Street Elanora $740,000 Sept 23 4b 2b 2c 3b 2b 1c
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-onyear 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.
WELCOME HOME Recently Sold
9 Walnut Street, Elanora
SOLD $1,052,000
Under the Hammer
by The Dion Zorko Team
14 Jandakot Court, Elanora
SOLD $1,400,000
Under the Hammer
8-10 Buckingham Way, Elanora
SOLD $1,710,000
Under the Hammer
36 Bergamont Street, Elanora
SOLD $1,075,000
Under the Hammer
ELITE AGENT, ELITE EXPERIENCE The Dion Zorko Team
Combining enthusiasm with a strong desire to succeed Dion has the drive, tenacity & diligence to consistently achieve exceptional results for his clients A highly motivated & results driven individual Dion's passion for property & determination to exceed expectations is complimented by his calm, personable nature.
A natural negotiator & communicator he believes that the foundation for success begins with taking the time out to really listen to & understand his clients' needs Dion undertakes a process-driven approach with detailed follow-up systems & an innovative marketing strategy this paired with the strength & training of Australia’s leading Real Estate brand gives him a unique competitive edge.
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 ?
Online Auction Experience
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 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.
MAXIMUM EXPOSURE & UNPARALLELED SUCCESS
From first home buyers to downsizers, investors & expats, Australia'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?
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W E D N E S D A Y , 1 5 T H N O V E M B E R F R O M 2 P M
R A Y W H I T E Q U E E N S L A N D ’ S www.raywhitetugunelanora.com.au
