'Tis the season to be selling...
Suburb Snapshot August 2022 - November 2022
Tugun
A message from John Parkes
Median Sale Price (house)
$1,000,000
in the midst of change.
Median Sale Price (unit)
$745,000
While there has been a level of adjustment in the market over the past eight months, our team continues
Average Days on Market
49
to leverage buyer demand against reduced stock levels to maximise results for our sellers.
Highest Sale
$3,200,000
The auction clearance rate of property sold by RWTE is currently sitting at 85% for this financial year, in
Currumbin
If the 2022 selling season has shown us anything, it's that RWTE property sale prices continue to deliver
comparison to 75% for the 21/22 financial year. This is a significant uplift, with agent experience across all types of campaigns paying dividends for clients choosing to sell with our team.
Median Sale Price (house)
$1,122,500
Median Sale Price (unit)
$1,080,000
Average Days on Market
70
Highest Sale
$3,750,000
The method of sale has become more commonplace following the pandemic, with vendors and buyers becoming more comfortable and confident with the auction process. Our agents are conducting more auction campaigns now than they were as little as a year ago, with many properties achieving prices well above suburb median values and vendor expectations.
Palm Beach
We hope you find the following information helpful, & as the year draws to a close I'd like to sincerely
Median Sale Price (house)
$1,525,000
Median Sale Price (unit)
$775,000
Average Days on Market
60
Highest Sale
$3,427,500
thank-you for your ongoing support. The privilege of representing someone in the sale of their home & the relationships we get to build along the way is never lost on us & it's why we love what we do. From our family to yours we wish you a very Merry Christmas & hope you get to enjoy some quality time with those you love over the festive season.
Bilinga
John Parkes Selling Principal / Ray White Tugun Elanora 0418 245 590 / john.parkes@raywhite.com
PROUDLY PRESENTED BY JOHN PARKES
Awarded
Chairman's Elite P E R F O R M E R
2 1 - 2 2
Median Sale Price (house)
$2,145,000
Median Sale Price (unit)
$875,000
Average Days on Market
23
Highest Sale
$3,190,000
DECEMBER 2022 EDITION
Competition Creators 2022 Online Auction Review Auction bidding is a reflection of the market in real time; it provides vendors genuine insights into the energy and pulse of the market. In a time where market dynamics can change so quickly, the success our team has found
$90M+
534
WORTH OF PROPERTY SOLD
BUYERS REGISTERED TO BID
through the Online Auction process has remained consistent throughout 2022. When comparing Auction vs Private treaty our data shows us the average days on market for auction is comfortably sitting at 33, whilst private treaty is increasing at 51.
85%
Not only are we continuously seeing willingness from local property owners to transact under the hammer, our buyer pool is expanding with cash ready buyers keen on raising a
139
AUCTION PROPERTIES
paddle at one of our events. With two fantastic years of Online Auctions under our belt, we can't wait to see what
PROPERTIES AUCTIONED ONLINE
SOLD AT AUCTION, PRIOR, POST
the new year brings for these high profile events!
To Fix or Not To Fix? Whether you're refinancing or looking to buy it's more important than ever to find a loan structure that best suits your personal circumstances at the most competitive interest rate. Get smarter with your finances by scanning the QR code for loans made simple!
Connor Summers 0416 838 673
|
connor.summers@loanmarket.com.au
Out & About Community Events Proudly Sponsored by RWTE
LITTLE RAY OF GIVING
Scan Me!
TUGUN LIGHTS UP
GC50 RUN FESTIVAL
My team & I are proud to be sponsoring The Pyjama
Free festive fun for the whole family! Tugun Lights
We are delighted to offer a challenge for everyone
Foundation in this years Little Ray of Giving
Up returns in 2022 for its tenth annual celebration.
this December, including 50km, 25km, 12km, 5km
Christmas Initiative. Give to children in care this
Join us at the end of Toolona Street (beach end) for
and Kids Dash events. With a course that hugs the
festive season by wrapping and delivering gifts to
live music, delicious food and a special visit from
jaw-dropping beautiful southern Gold Coast town of
our Tugun Office Giving Tree.
Santa!
Coolangatta, the GC50 event awaits you and your run crew!
14TH NOVEMBER - 6TH DECEMBER 423 Golden Four Drive, Tugun
3RD DECEMBER AT 4.00PM www.tugunlightsup.com.au
3RD & 4TH DECEMBER www.gc50runfestival.com.au
SOLD by The John Parkes Team Noteable Sales of 2022
4 ELIZABETH STREET, TUGUN
25 TUGUN STREET, TUGUN
SALE PRICE: $3,250,000 BUYER ORIGIN: LOCAL
SALE PRICE: $1,400,000 BUYER ORIGIN: LOCAL
5 WICKHAM CRESCENT, TUGUN SALE PRICE: $1,300,000
BUYER ORIGIN: QLD
NEW STREET RECORD
NEW STREET RECORD
NEW STREET RECORD
2 DILGARA STREET, TUGUN
3/480 COOLANGATTA ROAD, TUGUN
29 CABARITA AVENUE, TUGUN
SALE PRICE: $1,285,000 BUYER ORIGIN: QLD
SALE PRICE: $1,378,950 BUYER ORIGIN: QLD
SALE PRICE: $1,125,000
BUYER ORIGIN: LOCAL
NEW STREET RECORD
Leading group, Local team
Christmas Cooking
"One of the best in the business, a pleasure to work with, great team
On the hunt for some festive cooking inspiration this silly season?
support from his staff and colleagues. Made the selling process easy
Our team have put together a delicious Christmas cooking e-book
with no complications obtaining the desired end result. Local agents
filled with our go-to Christmas day delicacies.
who live, work and support their local community are the obvious choice, every time." - Seller in Tugun 0418 245 590
John Parkes
john.parkes@raywhite.com
@john__parkes
www.raywhitetugunelanora.com
PROUD TO BE TUGUN'S #1 AGENT & AGENCY
Scan me for recipes!
POWERFUL MARKETING, COMPETITIVE BUYERS, UNPARALLELED SUCCESS
PRESENT YOUR PROPERTY TO EVERY CONCEIVABLE BUYER IN THE MARKETPLACE
ACHIEVE THE HIGHEST POSSIBLE SALE PRICE FOR YOUR PROPERTY
You've loved it... now it's time to list it! SCAN THE QR CODE FOR MORE INFORMATION OR TO REQUEST AN APPRAISAL.