MARKET INSIGHTS
5 $4,350,000 Highest Sale Price sales achieved in
8 weeks $2,365,000 Median Sale Price 96 Suburb Average DOM 35 RWTE Average DOMSuburb Auction Clearance 80% RWTE Auction Clearance
Tallebudgera & Tallebudgera Valley 1st June - 31st July 2023
last 8
6 $2,900,000 Highest Sale Price sales achieved in the
weeks $1,730,000 Median Sale Price
*StatisticsfromPricefinderandpreliminaryAuctiondatafromRayWhite Tallebudgera Tallebudgera Valley June&July2023 June&July2023 June&July2023 June&July2023
the last
ADDRESS SUBURB PARTICULARS PRICE DATE 56 Mary Bale Drive 29 Hidden Cove Tallebudgera Tallebudgera 5b 2b 4c $2,900,000 $1,350,000 July 23 16 Staatz Court 34 Jersey Court Tallebudgera Tallebudgera $1,610,000 $1,250,000 June 23 June 23 4b 3b 2c 6b 3b 5c 4b 2b 3c July 23 RECENT SALES Tallebudgera 1st June - 31st July 2023 *AllinformationsourcedisfromPricefinder&thisreportprovidesanoverviewofallsalesthathavetakenplaceinthearea byallagentsnotonlythoseofRayWhiteTugun/Elanorabutotheragenciesaswell Inpreparingthisdocumentwehave usedourbestendeavourstoensuretheinformationcontainedhereinistrueandaccurate,butweacceptnoresponsibilityanddisclaimallliabilityinrespecttoanyerrors,omissions,inaccuracies,ormisstatementsthatmayoccur ADDRESS SUBURB PARTICULARS PRICE DATE 1432 Tallebudgera Creek Road 1/94 Gibsonville Street Tallebudgera Valley Tallebudgera Valley 3b 1b 5c $1,040,000 $2,800,000 July 23 556 Tallebudgera Creek Road 50-56 Gibsonville Street Tallebudgera Valley Tallebudgera Valley $2,365,000 $4,350,000 June 23 June 23 5b 3b 2c 5b 2b 2c 5b 3b 7c June 23 RECENT SALES Tallebudgera Valley 1st June - 31st July 2023 250 Tallebudgera Creek Road Tallebudgera Valley $2,240,000 June 23 6b 3b 4c 37 Coorabin Court 259 Trees Road Tallebudgera Tallebudgera $1,850,000 $2,700,000 June 23 June 23 5b 3b 5c 5b 3b 2c
WHY SELL NOW?
REAL-TIME DATA FROM RAY WHITE'S CHIEF ECONOMIST, NERIDA CONISBEELISTING ACTIVITY
Prices are now firmly on the move everywhere in Australia, having increased by 3 5 per cent since the start of the year While there are a lot of things driving prices upwards, a lack of new listings is one of them Despite heat returning to the market, new listings are down compared to last year everywhere except Adelaide Adelaide’s median is now exceeding last year ’ s peak and it’s likely a factor driving sellers back into the market New listings are down but it looks like we ’ re in for a much better spring Listing authorities (properties for sale but not yet advertised) are now at a similar level to 2022 Although this is Ray White listing authorities only, it still represents over 12 per cent of all listings in Australia It’s also likely other agencies are experiencing a similar trend The number of new listings continues to be low but the total number of properties for sale remains historically high Longer time on market means that the number of properties for sale is exceeding the number of properties sold It’s likely that this will start to reverse over the next six months
AUCTION INSIGHTS
Buyer activity continues to increase and we ’ re seeing this most clearly through Ray White auction data The number of people bidding at auction is now back to where we were in April 2022 The number of active bidders remained stable in June & increased in July, perhaps due to the interest rate hold announced at the start of that month
MARKET TURNOVER
Ray White’s total sales in June were on par with what we recorded in June last year Recording $6 4 billion, it was less than May, reflective of slower conditions in winter It’s possible that by spring, total sales will exceed the same period in 2022 This will be partly driven by price growth but also the anticipated increase in listings
ELITE AGENT, ELITE EXPERIENCE
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
MOST RECENT AWARDS
2022/2023 - Premier Performer
2021/2022 - Elite Performer
2020/2021 - Premier Performer
2019 - $1 million in settled commission in their Ray White career
2019/2020 - Premier Performer
WELCOME HOME Recently Sold
by Ray White Tugun Elanora
SOLD $1,850,000
Private Treaty
SOLD $1,360,000
Post Auction
230
SOLD $1,610,000
Under
264
SOLD $1,520,000
Under the Hammer
34 Thomas Waters Road, Tallebudgera Valley 2/463 Trees Road, Tallebudgera Trees Road, Tallebudgera The Hammer Trees Road, Tallebudgera
Laura & Robbie Robinson Ray White Tugun Elanora 0416 167 813 07 5598 2577 laura.robinson@raywhite.com www.raywhitetugunelanora.com.au 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 ? C L I C K H E R E T O R E C I E V E A N O B L I G A T I O N F R E E M A R K E T A P P R A I S A L