John Parkes
House sales achieved in the last 8 weeks
$6,540,000 Highest House Sale Price
$1,367,500
Median House Sale Price
20
$8,700,000 Highest Apartment Sale Price Apartment sales achieved in the last 8 weeks
$998,000 Median Apartment Sale Price 43 Average DOM 35 RWTE Average DOM
MARKET INSIGHTS 12
66%
*StatisticsfromPricefinderandpreliminaryAuctiondatafromRayWhite Tugun & Bilinga 1st April - 31st May 2023
58% Auction Clearance
RWTE Auction Clearance
ADDRESS SUBURB PARTICULARS PRICE DATE 43/2 Inland Drive 25 Taperell Drive Tugun Tugun 3b 2b 2c $780,000 $1,750,000 May 23 12/483 Golden Four Drive 17 Boyd Street Tugun Tugun $1,120,000 $1,000,000 May 23 May 23 5b 3b 1c 3b 2b 2c 5b 2b 3c 9 Millers Drive 3/508 Coolangatta Road Tugun Tugun 3b 2b 2c $1,500,000 $700,000 May 23 May 23 154/2 Inland Drive 20 Elizabeth Street Tugun Tugun $765,000 $2,850,000 May 23 May 23 2b 2b 1c 3b 2b 1c 3b 2b 1c 4/353 Golden Four Drive 15/483 Golden Four Drive Tugun Tugun 3b 2b 1c $1,310,000 $1,060,000 May 23 May 23 52 West Wyberba 11/464 Coolangatta Road Tugun Tugun $1,685,000 $539,000 May 23 May 23 2b 2b 2c 4b 2b 2c 2b 2b 2c 21/3 Clancy Court, Tugun 1/29 Kitchener Street Tugun Tugun 2b 1b 1c $810,000 $975,000 May 23 May 23 1 Jendi Court, Tugun 2/480 Coolangatta Road Tugun Tugun $1,275,000 $1,250,000 Apr 23 4b 1b 1c 4b 3b 2c 3b 2b 2c May 23 Apr 23 RECENT SALES Tugun & Bilinga 1st April - 31st May 2023 *AllinformationsourcedisfromPricefinder&thisreportprovidesanoverviewofallsalesthathavetakenplaceinthearea byallagentsnotonlythoseofRayWhiteTugun/Elanorabutotheragenciesaswell Inpreparingthisdocumentwehave usedourbestendeavourstoensuretheinformationcontainedhereinistrueandaccurate,butweacceptnoresponsibilityanddisclaimallliabilityinrespecttoanyerrors,omissions,inaccuracies,ormisstatementsthatmayoccur
ADDRESS SUBURB PARTICULARS PRICE DATE 7 Mulberry Parade 19/560 Gold Coast Highway Tugun Tugun 3b 2b 2c $1,075,000 $625,000 Apr 23 2/345 Golden Four Drive 1/345 Golden Four Drive Tugun Tugun $2,950,000 $2,790,000 Apr 23 Apr 23 2b 2b 1c3b 2b 2c 17 San Michele Street 49 Kitchener Street Tugun Tugun 4b 2b 1c $1,410,000 $1,235,000 Apr 23 Apr 23 40/2 Inland Drive 5 Nimmel Lane Tugun Tugun $785,000 $6,540,000 Apr 23 Apr 23 4b 3b 3c 3b 2b 2c 5b 3b 2c 1/85 Golden Four Drive 298 Coolangatta Road Bilinga Bilinga 2b 2b 1c $810,000 $1,150,000 May 23 May 23 237B Golden Four Drive 382 Coolangatta Road Bilinga Bilinga $1,875,000 $6,800,000 May 23 May 23 3b 1b 1c 4b 3b 2c 3b 1b 4c 1/204 Pacific Parade 10/141 Golden Four Drive Bilinga Bilinga 8b 5b 1c $1,280,000 $925,000 May 23 May 23 3b 2b 2c Apr 23 RECENT SALES Tugun & Bilinga 1st April - 31st May 2023 30 O'Connor Street Tugun $8,700,000 Apr 23 3b 2b 2c *AllinformationsourcedisfromPricefinder&thisreportprovidesanoverviewofallsalesthathavetakenplaceinthearea byallagentsnotonlythoseofRayWhiteTugun/Elanorabutotheragenciesaswell Inpreparingthisdocumentwehave usedourbestendeavourstoensuretheinformationcontainedhereinistrueandaccurate,butweacceptnoresponsibilityanddisclaimallliabilityinrespecttoanyerrors,omissions,inaccuracies,ormisstatementsthatmayoccur
WHY SELL NOW?
A FEW WORDS WITH JOHN PARKES
April is always a quieter month in real estate and this year was no different Juggling school holidays, Easter and Anzac Day long weekends meant we only saw 20 working days in Australia These factors have possibly contributed to the drop in new listings coming to market, with the nation’s focus being pulled to other priorities
Overall we ’ re sitting at approximately 17 per cent fewer new listings compared to the same period last year
Buyers are expressing a frustration around availability of suitable properties; this could create a fantastic opportunity for anyone thinking of coming to market in the current climate
But what about the time of the year?
Some people feel winter is not the ideal time to place your property on the market, however the cooler months allow the opportunity to showcase some of your home’s features that you may not have considered Here are some tips for you to make your home feel welcoming if you are selling during the cooler months
Light it up
Ensure all of your light fittings are clean and in good working order Especially with mid-week twilight open inspections, having your home brightly lit will showcase the interior features as buyers make their way into the property
Warm it up
Heating should be on and fireplaces lit Showing how cosy your property is at a cooler time of the year, can really make a house feel like a home Let the sunshine in
Especially if you have north facing windows, open up the curtains and blinds and let the warming winter sun show your property’s year-round versatility
Outdoor spaces
Do you have an outdoor heater or fire pit? Get those stoked up and highlight the adaptability of your outdoor spaces in both warm and cool seasons
The way to the heart is through the stomach Having cookies or bread baking in the home as buyers pass through can make the experience even more enticing If you ’ re not a native cook, you can buy the frozen variety, it will do the job just as well
Keep it clean
Wet outdoor areas can create havoc as people transition from outdoor to indoor spaces Make sure you have new, clean doormats, both indoors and out You can consider asking people to remove their shoes as they move from outdoors to indoors to keep your floors clean and tidy
Seasonality aside, the persistent shortage of new housing, rental properties and increased migration are putting significant demand on the second-hand housing market Buyers don’t choose to buy because the daffodils are in bloom, they’re driven by factors much more meaningful than that There is high demand and low supply; now could be a fantastic time to sell your property
ELITE AGENT, ELITE EXPERIENCE The John Parkes Team
Through continual hard work, unmatched enthusiasm & a genuine passion for property John has not only become the No 1 agent in our local area but as a Chairman's Elite Member he is in the top 1% of the entire Ray White Group internationally, achieving the highest accolade within the network
John’s friendly outgoing personality & innovative approach belies a highly skilled negotiator with over 13 years of Real Estate sales experience By maintaining a positive attitude & combining comprehensive communications through a proven marketing strategy, John is achieving more sales with greater results for each of his valued clients John leads his own personal team of highly trained professionals who work together to ensure every client receives exceptional service each & every time This skilled support team paired with the backing of the leading office on the Southern Gold Coast gives John a unique advantage in the local market
By consistently achieving the latest sales in our area John’s local market knowledge is second to none, which is invaluable when helping Owners who are considering selling their biggest asset John understands that being a market leader is not achieved through luck or good fortune instead it must be earned then proven, time & time again
MOST RECENT AWARDS
2022/2023 - Elite Performer
2022/2023 - Elite Business Leader of Ray White Tugun | Elanora
2021/2022 - Chairman's Elite
2021/2022 - Elite Business Leader of Ray White Tugun | Elanora
2021 - 10 Year Service Award
2020/2021 - Chairman's Elite
WELCOME HOME Recently Sold by The John Parkes Team
1/480 Coolangatta Road, Tugun SOLD $2,410,000 Under the Hammer
20 Elizabeth Street, Tugun SOLD $2,850,000
Under The Hammer
7 Barina Court, Tugun SOLD $1,350,000 Post Auction
5 Wickham Crescent, Tugun SOLD $1,300,000 Prior to Auction
25 Tugun Street, Tugun $1,400,000
Expressions of Interest
1 Jendi Court, Tugun SOLD $1,275,000
Under the Hammer
C L I C K H E R 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 ? John Parkes Ray White Tugun Elanora 0418 245 590 07 5598 2577 john.parkes@raywhite.com www raywhitetugunelanora com au
