'Tis the season to be selling...
Gold Coast City Council LGA SNAPSHOT THE YEAR THAT WAS...
A MESSAGE FROM ALICIA WILKINS MONTH
#
AVERAGE
GROWTH
It’s that awkward time of the year, when the population seems to divide itself into two
JAN 22
697
$1,317,105
3.4%
distinctive groups: those who have already decked their house out top to bottom in
FEB 22
832
$1,244,638
0.4%
MAR 22
861
$1,280,663
0.0%
APR 22
743
$1,246,649
1.2%
MAY 22
728
$1,317,257
5.6%
JUN 22
649
$1,739,113
4.5%
RWTE property sale prices continue to reach beyond those of the 2020-2021 peak,
JUL 22
490
$1,283,321
2.4%
despite reports of big vendor discounting in the wider market. While there has been a
AUG 22
730
$1,257,926
1.8%
SEP 22
593
OCT 22
408
$1,300,437
12.3%
NOV 22
280
$1,278,383
8.2%
Christmas cheer, and those who firmly wait for the final month of the year to get into the holiday spirit. Despite the entire office being against Trees up before December, I must admit mines been up for a month! A mum hack I learnt years ago - nothing subdues my children's behaviour more than the peril of Santa watching them!
level of adjustment in the market over the past eight months, our team continues to leverage buyer demand against reduced stock levels to maximise results for our sellers. The auction clearance rate of property sold by RWTE is currently sitting at 85% for this
$1,271,319
1.4%
financial year, in comparison to 75% for the 21/22 financial year. This is a significant uplift, with agent experience across all types of campaigns paying dividends for clients choosing to sell with our team. The method of sale has become more commonplace following the pandemic, with vendors
4,902 PROPERTIES SOLD (JAN - NOV 22)
$ 1.1 m MEDIAN HOUSE PRICE
and buyers becoming more comfortable and confident with the auction process. RWTE agents are conducting more auction campaigns now than they were as little as a year ago, with many properties achieving prices well above suburb median values and vendor expectations.
23 MEDIAN DAYS ON MARKET
25.3 % GROWTH IN SALE PRICES
I hope you find the following information of value and wish you and yours a very merry holiday season!
Alicia Wilkins Property Specialist / Ray White Tugun Elanora 0402 630 593
/ alicia.wilkins@raywhite.com
$ 51 m HIGHEST SALE PRICE
$115 k LOWEST SALE PRICE
The materials are provided as an information source only and have been sourced via pricefinder.com.au. Please use as a guide only. Ray White make no representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses, damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.
DECEMBER 2022 EDITION