As the new year dust begins to settle & we bid farewell to blissful warmer days, we in real estate are enjoying one of our most anticipated selling seasons After a strong start to 2024, Autumn is showing to be an advantagous time for sellers to reap in the rewards the current market is providing.
Over the past 12 months, house prices have increased by 9 7 per cent while unit prices are up 7 4 per cent. However, growth has accelerated quickly in the first two months of this year. Fundamentally, there are many reasons why the outlook for house prices will be stronger than last year
Population growth was extremely strong last year and we didn’t build enough homes Conditions are slowly improving in the construction sector but they won’t be solved this year Population growth will ease this year, but so too will the number of new homes built.
The outlook for price growth is a problem for affordability. Right now, many people, particularly first home buyers, are being pushed into the established home market given it's cheaper to buy than build With inspections numbers climbing against the same period last year, we're now seeing 21 per cent more people through our open homes
However, it's still only early 2024 and a lot can change, but if current house price trends continue this year, house price growth could exceed 10 per cent this year, with units increasing slightly less 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.
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 4
PROPERTY & SALES SPECIALIST 0416 167 813 laura robinson@raywhite com Laura & Robbie Robinson WWW RAYWHITETUGUNELANORA COM PROUDLY PRESENTED BY LAURA ROBINSON
Market Insights
PALM BEACH HOUSES HIGHEST $2,850,000 MEDIAN $1,470,000 TOTAL HOUSES 35 AV DOM* RWTE AV 39 SUBURBAV 81 UNITS HIGHEST $5,500,000 MEDIAN $1,200,000 TOTAL UNITS 79 TALLEBUDGERA & TALLEBUDGERA VALLEY HOUSES HIGHEST $2,300,000 MEDIAN $1,662,500 TOTAL HOUSES 6 AV DOM* RWTE AV 32 SUBURBAV 52 HIGHEST $11,200,000 MEDIAN $2,300,000 TOTAL UNITS 10 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 GOLD COAST AVERAGE AUCTION CLEARANCE 56.3% RWTE AVERAGE AUCTION CLEARANCE 85.2% 50 FIFTH AVENUE, PALM BEACH SOLD UNDER THE HAMMER: $1,780,000 BUYER ORIGIN: QLD 15 WAIKIKI AVENUE, PALM BEACH SOLD UNDER THE HAMMER: $1,400,000 BUYER ORIGIN: LOCAL 26 CYCLADES CRESCENT, CURRUMBIN WATERS SOLD UNDER THE HAMMER: $1,519,000 BUYER ORIGIN: INTERSTATE 13 JANDAKOT COURT, ELANORA SOLD UNDER THE HAMMER: $1 610 000 BUYER ORIGIN: LOCAL 218 TALLEBUDGERA DRIVE, PALM BEACH SOLD UNDER THE HAMMER: $1 205 000 BUYER ORIGIN: INTERSTATE 60 CYCLADES CRESCENT, CURRUMBIN WATERS SOLD VIA PRIVATE TREATY: $1 725 000 BUYER ORIGIN: LOCAL Our Market at a Glance 2023/2024 Summer Recap Our Notable Sales Sold by The Laura Robinson Team ELANORA SUMMER 2023/24 HOUSES HIGHEST $3 000 000 MEDIAN $1,210,000 TOTAL HOUSES 32 AV DOM* RWTE AV 27 SUBURBAV 34 SOLD UNITS HIGHEST $825,000 MEDIAN $685,000 TOTAL UNITS 17 SUMMER 2023/24 SOLD CURRUMBIN WATERS HOUSES HIGHEST $2,135,000 MEDIAN $1 140 000 TOTAL HOUSES 23 AV DOM* RWTE AV 31 SUBURBAV 36 UNITS HIGHEST $1,460,000 MEDIAN $677,000 TOTAL UNITS 16 SUMMER 2023/24 SOLD SUMMER 2023/24 SOLD SUMMER 2023/24 SOLD SUMMER 2023/24 SOLD SUMMER 2023/24 SOLD SUMMER 2023/24 SOLD HOUSES TALLEBUDGERA TALLEBUDGERA VALLEY
Gold Coast’s Biggest Online Auction Event is coming & you’re invited!
You’ve loved it, now it’s time to list it! In response to strong buyer interest on the Gold Coast, the Ray White Group has committed to hosting the Gold Coast's biggest Online Auction Event ever!
With 26 Ray White offices on the Gold Coast taking part, the collective collaborative synergy is set to unlock a multitude of possibilities for both participating buyers & sellers
Our May & November 2023 Online Auction Showcases were smashing successes! We achieved incredible results for many local homeowners
$63,000,000+ Worth of property sold
75% Clearance rate
4,920 Online spectators from 6 different countries
1,096 Live bids places
460 Local, interstate, & international bidders
108 Properties auctioned
With a staggering 1 in 3 buyers being non-local, the Ray White Group's groundbreaking strategy and substantial investment ensure not just widespread visibility but also welcome a varied group of potential buyers interstate and overseas to join in
With guarenteed maximum exposure and unparelled success, an event this big is not to be missed Click the below QR code to view our event brochure, including the Order Of Sale & an exclusive viewing link that allows you to stream the event from anywhere in the world! We can’t wait for you to join us for the selling event of the season
Whatareyouwaitingfor?
Simply scan to access our event brochure & livestream
WHAT ARE YOUR NEIGHBOURS SAYING ABOUT... Laura & Robbie Robinson Curious to know what your home's worth, today? Simply scan here to book online for an in person or over the phone obligation free valuation 0416 167 813 @laurarobinson realestate laurarobinson@raywhitecom wwwraywhitetugunelanoracom We'reheretohelp
I cannot
I ever
me
the
I
recommend their team to everyone and
who is
or buying! ~ Rewiina
Meeting Laura & Robbie made my selling experience an absolute dream and
thank them enough The Robinson Team provided a service over and above what
expected. Not only that but Laura & Robbie's personalities made
feel very comfortable every step of
way
would
anyone
considering selling
M
