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32 $10,200,000 Highest House Sale Price House sales achieved in the last 8 weeks $1,687,500 Median House Sale Price 38 $2,220,000 Highest Apartment Sale Price Apartment sales achieved in the last 8 weeks $825,000 Median Apartment Sale Price 48 Suburb Average DOM 36 RWTE Average DOM 58% Suburb Auction Clearance 88% RWTE Auction Clearance *StatisticsfromPricefinderandpreliminaryAuctiondatafromRayWhite MARKET INSIGHTS Palm Beach 1st August - 30th September 2023 August&September2023 August&September2023 August&September2023 August&September2023

1st August - 30th September 2023

Palm Beach

1/31 Twenty Fourth Avenue 6/22 Magnoli Circuit Palm Beach Palm Beach 3b 3b 1c $1,350,000 $1,110,000 Aug 23 1/1426 Gold Coast Highway 1/4 Bali Avenue Palm Beach Palm Beach $875,000 $1,750,000 Aug 23 Aug 23 3b 2b 2c 3b 2b 2c 3b 2b 2c 2/19 Magnoli Circuit 1704/1328 Gold Coast Highway Palm Beach Palm Beach 3b 2b 2c $1,400,000 $1,425,000 Aug 23 Aug 23 11 Magnoli Circuit 3/1194 Gold Coast Highway Palm Beach Palm Beach $1,350,000 $700,000 Aug 23 Aug 23 3b 2b 2c 3b 2b 2c 2b 1b 1c Aug 23 2/83 Laguna Avenue 1209/10 Fifth Avenue Palm Beach Palm Beach 4b 3b 2c $2,220,000 $605,000 Aug 23 42 Cypress Terrace 81 Mallawa Drive Palm Beach Palm Beach $1,500,000 $1,675,000 Aug 23 Aug 23 2b 2b 1c 3b 1b 1c 4b 2b 2c 2/3 Nineteenth Avenue 3/3 Culgoa Street Palm Beach Palm Beach 2b 1b -c $775,000 $750,000 Aug 23 Aug 23 45 Philippine Parade 1/37 Laguna Avenue Palm Beach Palm Beach $1,880,000 $1,300,000 Aug 23 Aug 23 2b 1b 1c 3b 2b 3c 4b 2b 2c Aug 23 233 Jefferson Lane Palm Beach $6,300,000 9 Tingira Avenue 81 Mallawa Drive Palm Beach Palm Beach $1,500,000 $1,675,000 Aug 23 Aug 23 4b 2b 1c 4b 2b 2c 4b 2b 2c 45 Philippine Parade 142 Cypress Terrace Palm Beach Palm Beach - $1,880,000 $2,840,000 Aug 23 Aug 23 51 Fourth Avenue 35 Seventh Avenue Palm Beach Palm Beach $1,880,000 $1,700,000 Aug 23 Aug 23 4b 3b 2c 3b 2b 2c 3b 1b 2c Aug 23

Palm Beach 1st August - 30th September 2023

ADDRESS SUBURB PARTICULARS PRICE DATE RECENT SALES *AllinformationsourcedisfromPricefinder&thisreportprovidesanoverviewofallsalesthathavetakenplaceinthearea byallagentsnotonlythoseofRayWhiteTugun/Elanorabutotheragenciesaswell Inpreparingthisdocumentwehave usedourbestendeavourstoensuretheinformationcontainedhereinistrueandaccurate,butweacceptnoresponsibilityanddisclaimallliabilityinrespecttoanyerrors,omissions,inaccuracies,ormisstatementsthatmayoccur 8 Marlin Court 2/20 Marlin Court Palm Beach Palm Beach 4b 3b 2c $3,050,000 $3,650,000 Aug 23 65 Philippine Parade 19 Magnoli Circuit Palm Beach Palm Beach $1,625,000 $1,300,500 Aug 23 Aug 23 4b 3b 4c 3b 2b 2c 3b 2b 2c 2/50 Third Avenue 108 Tallebudgera Drive Palm Beach Palm Beach 4b 3b 2c $1,600,000 $3,950,000 Aug 23 Aug 23 106 Tallebudgera Drive 1604/1328 Gold Coast Highway Palm Beach Palm Beach $3,700,000 $1,300,000 Aug 23 Aug 23 3b 2b 2c 4b 3b 2c 3b 2b 2c Aug 23 1&2/5 Fourteenth Avenue 18 Colvillea Court Palm Beach Palm Beach 4b 2b 2c $1,700,000 $1,250,000 Aug 23 - Aug 23 1/16 Mawarra Street 7/9 Nalla Court Palm Beach Palm Beach 2b 1b 1c $575,000 $730,000 Sept 23 74 Twenty Fifth Avenue Palm Beach $1,495,000 2b 1b 1c 4b 1b 2c Sept 23 Sept 23

1/8 Magnoli Circuit Palm Beach $1,250,000 3b 2b 2c Aug 23 15/969 Gold Coast Highway Palm Beach $800,000 2b 2b 1c Aug 23 2 Mawarra Street Palm Beach $900,000 - Aug 23 156 Mallawa Drive Palm Beach $2,800,000 4b 2b 4c Aug 23 1413/10 Fifth Avenue Palm Beach $545,000 1b 1b 1c Aug 23 8/66 Sarawak Avenue Palm Beach $670,000 2b 1b 2c Aug 23 34 Coolibah Drive Palm Beach $1,060,000 3b 1b 1c Aug 23 2/987 Gold Coast Highway Palm Beach $630,000 2b 1b 1c Aug 23 3 - 7 Twenty Fourth Avenue Palm Beach $690,000 1b 1b 1c Aug 23 10 Timor Avenue Palm Beach $200,000 2b 2b 2c Aug 23 1/4 Bali Avenue Palm Beach $1,750,000 3b 2b 2c Aug 23

ADDRESS SUBURB PARTICULARS PRICE DATE *AllinformationsourcedisfromPricefinder&thisreportprovidesanoverviewofallsalesthathavetakenplaceinthearea byallagentsnotonlythoseofRayWhiteTugun/Elanorabutotheragenciesaswell Inpreparingthisdocumentwehave usedourbestendeavourstoensuretheinformationcontainedhereinistrueandaccurate,butweacceptnoresponsibilityanddisclaimallliabilityinrespecttoanyerrors,omissions,inaccuracies,ormisstatementsthatmayoccur RECENT SALES 1/84 Sarawak Avenue Palm Beach $687,000 119 Mallawa Drive Palm Beach $1,325,000 2b 1b 1c 3b 2b 3c Sept 23 Sept 23 Palm Beach 1st August - 30th September 2023 54 Leyte Avenue 504 The Esplanade Palm Beach Palm Beach $2,225,000 $10,200,000 4b 3b 2c 5b 6b 3c 703/3 Twenty Third Avenue 33 Twelfth Avenue Palm Beach Palm Beach 2b 2b 2c $880,000 $2,500,000 2/31 Twenty Fourth Avenue 13 Coolibah Drive Palm Beach Palm Beach $1,345,000 $1,425,000 5b 3b 2c 3b 3b 1c 4b 3b 5c Sept 23 Sept 23 Sept 23 Sept 23 Sept 23 Sept 23 15 Moresby Avenue Palm Beach 2b 1b 1c $990,000 Sept 23 27 Tatha Avenue Palm Beach 3b 2b 2c $1,800,000 Sept 23 10/85-91 Townson Avenue Palm Beach 2b 2b 2c $730,000 Sept 23 3 Mahogany Drive Palm Beach 4b 2b 3c $1,375,000 Sept 23 40 Japonica Drive Palm Beach 4b 2b 2c $980,000 Sept 23 6/11 Fourteenth Avenue Palm Beach402/2 Mawarra Street 3/1501 Gold Coast Highway Palm Beach Palm Beach $900,000 $1,075,000 2b 2b 1c 3b 2b 2c1/13 Third Avenue Palm Beach 2b 1b 1c $785,000 Sept 23 Sept 23 Sept 23 Sept 23 902/6 Palm Beach Avenue Palm Beach $1,425,000 7/2 Twenty Eighth Avenue 2105/10 Fifth Avenue Palm Beach Palm Beach $665,000 $600,000 3b 2b 2c 2b 1b 1c 2b 2b 1c 2/186 Cypress Terrace Palm Beach 4b 2b 2cSept 23 Sept 23 Sept 23 Sept 23 3/1237 Gold Coast Highway Palm Beach $2,000,000 4b 3b 3c 4/1426 Gold Coast Highway Palm Beach 3b 2b 2c $810,000 Sept 23 Sept 23

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 by The Laura Robinson Team

15 Moresby Avenue, Palm Beach

SOLD $990,000

Post Auction

34 Coolibah Drive, Palm Beach

SOLD $1,060,000

Post Auction

1/3 Tarni Avenue, Palm Beach

SOLD $750,000

Under The Hammer

20 Hopbush Street, Palm Beach

SOLD $1,470,000

Under the Hammer

ELITE AGENT, ELITE EXPERIENCE

The Laura Robinson Team

A passionate, professional and committed agent who definitely has the care factor, Laura is renowned for delivering quality service while achieving outstanding results Clients appreciate her wealth of real estate experience, comprehensive regional knowledge, extensive network of contacts and unparalleled understanding of the local property market

Laura says she enjoys the thrill of watching people interact with a property, observing the emotional transaction which takes place when they know it’s right for them As a real estate agent, Laura constantly updates her skills through ongoing professional development from the industry’s premier educators

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.

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