T A L L E B U D G E R A ~ T A L L E B U D G E R A V A L L E Y ~ C U R R U M B I N V A L L E Y JANUARY & FEBRUARY
SNAPSHOT
SUBURB
Suburb Snapshot
*Statistics from Pricefinder and preliminary Auction data from Ray White
TALLEBUDGERA 5 $1,662,500 Highest Sale Price Tallebudgera sales achieved in the last 8 weeks $1,495,000 Median Sale Price 101 Average DOM 42 RWTE Average DOM 55% Gold Coast Auction Clearance 86% RWTE Auction Clearance 3 $2,150,000 Highest Sale Price Tallebudgera Valley sales achieved in the last 8 weeks $1,150,000 Median Sale Price 82 Average DOM 39 RWTE Average DOM 1 $1,350,000 Highest Sale Price Currumbin Valley sales achieved in the last 8 weeks $1,350,000 Median Sale Price 76 Average DOM 42 RWTE Average DOM TALLEBUDGERA VALLEY
VALLEY
CURRUMBIN
Recently Sold
1st January - 29th February 2024
TALLEBUDGERA VALLEY
1st January - 29th February 2024
1st January - 29th February 2024
*AllinformationsourcedisfromPricefinder&thisreportprovidesanoverviewofallsalesthathavetakenplaceinthearea,byallagentsnotonlythoseofRayWhiteTugun/Elanorabutotheragenciesaswell Inpreparingthisdocumentwehave usedourbestendeavourstoensuretheinformationcontainedhereinistrueandaccurate butweacceptnoresponsibilityanddisclaimallliabilityinrespecttoanyerrors omissions inaccuracies ormisstatementsthatmayoccur ADDRESS SUBURB PARTICULARS PRICE DATE
206 Tallebudgera Connection Road Tallebudgera 4b 2b 2c $1,170,000 Feb 24 1 Harmes Place Tallebudgera 5b 2b 3c $1,495,000 Feb 24 8 Hidden Cove Tallebudgera 4b 2b 2c $1,400,00 Jan 24 7 Aringa Way Tallebudgera 3b 2b 2c $1,625,000 Jan 24 7 Reynella Road Tallebudgera 5b 2b 4c $1,662,500 Jan 24
TALLEBUDGERA
ADDRESS SUBURB PARTICULARS PRICE DATE 4 Thomas Waters Road Tallebudgera Valley 3b 1b 2c $1,150,000 Feb 24 6 Fresco Court Tallebudgera Valley 5b 2b 3c $2,150,000 Feb 24 8 Hidden Cove Tallebudgera Valley 5b 3b 2c $1,400,000 Jan 24
ADDRESS SUBURB PARTICULARS PRICE DATE 17 Lindwall Place Currumbin Valley 2b 1b 2c $1,350,000 Feb 24
VALLEY
CURRUMBIN
WHY SELL NOW?
REAL-TIME DATA FROM RAY WHITE'S CHIEF ECONOMIST, NERIDA CONISBEE
Australian property prices continued to increase in December and into January and are now well above the previous peak in 2021 for both houses and units. While surprising, given the rapid interest rate increases, the growth reflects a combination of continued population growth and limited new housing supply
With supply levels expected to remain limited this year despite some stability in construction costs emerging, sentiment surrounding interest rates being at their peak are likely to lead to continued price growth.
Listing volumes ended 2023 aligned with results in 2022; historically, December has subdued results given the holiday season. January, historically, also has a slower start to the year, however preliminary data for 2024 is suggesting alignment with prior years. While price growth usually results in greater properties coming to market, the mismatch between construction and population has led to sellers being cautious about bringing their home to market.
Auction clearance rates did see some decline during the end of 2023, yet remained ahead of 2022 results. Auction clearance rate results for January 2024 have shown encouraging results on the Southern Gold Coast, with Ray White Tugun Elanora achieving 100 per cent, ahead of the 2023 rate of 86 per cent. Lack of stock, resulting in greater competition at auction despite elevated interest rates, will likely continue to be a feature this year.
Bidder activity across the Ray White Group has shown significant improvements in 2024, with the number of active bidders up, with registered bidders also showing increase As listings remain tight, competition to secure homes will likely result in greater bidder activity this year.
Welcome Home
RECENTLY SOLD
By Ray White Tugun Elanora
264
2/463
12
922
230
2
18
Trees Road, Tallebudgera SOLD $1,360,000 Post Auction
Trees Road, Tallebudgera SOLD $1,610,000 Under The Hammer
$1,520,000
the Hammer
Trees Road, Tallebudgera SOLD
Under
Lindwall Place, Currumbin Valley SOLD $1,600,000 Post Auction
Hide A Way, Currumbin Valley SOLD $1,245,000 Private Treaty
Valley
$1,850,000 Private Treaty
34
Thomas Waters Road, Tallebudgera
SOLD
Currumbin Creek Road, Currumbin Valley SOLD $1,050,000 Post Auction
Creek Way, Currumbin Valley SOLD $1,160,000 Private Treaty
$1,630,000
Auction
2
Mumdjin Court, Currumbin Valley SOLD
Post
Ken Jacob
K p 2 T H r P h a K a p
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 ?
THE GOLD COASTS 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 333 auctions across Queensland in January alone with an average of 5.5 registered bidders per property. With 7 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, the Gold Coasts most skilled and experienced 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 12% higher than the best offer they received prior to Auction in January.
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