Palm Beach Prestige Property Report - Jon Blake RWTE

Palm Beach P RE S TIGE PRO PERTY R EPO RT

Jon Blake

Palm Beach Prestige Property Specialist

Ray White Tugun Elanora

0434 212 064 jonathan.blake@raywhite.com

W I NT E R S ELLING S EA SO N IS FIR IN G UP! As you are probably already aware, there has not been a time in recent history where demand for the Southern Gold Coast lifestyle has been so widespread. Few could have predicted the effect the global pandemic would have on our local property market, with the Southern Gold Coast prestige property sector showing no signs of slowing.

You may have recently heard of the new price benchmark set on Jefferson Lane, with the settlement of a $6.1 Million sale for an original beach house. The deal was negotiated by Ray White Tugun Elanroa principal John Parkes and myself, and represents more than $13,000 per square metre - trumping the $11,000 per square metre record set in February.

Just about every area of the Gold Coast has managed to capitalised on what’s become the biggest property market explosion in history since Covid-19 lockdowns, however, the growth on the Southern end of the Gold Coast has been phenomenal within the prestige property sector. So whilst the market keeps rising, and the regulators remain on the sidelines, there truly has never been a better time to sell.

Please read on to see important information & data that directly impacts the value of your property. The surrounding sales information will help you gauge where your property sits in the current market. If you would like to know exactly where it sits - I will need to conduct a quick 10-15 minute inspection in person. You can book a time and day that suits you in the form below.

I look forward to hearing from you and am always available to help you achieve your property goals - no matter what they are.

Regards,

Jon Blake

2 0 21 E OF Y ONLIN E AU CTION SN APSH OT

89.3 %

RWTE Auction Clearance Rate The switch to Online Auctions has proven to be an effective and popular method with both buyers & sellers.

$96,952,300 $7,472,300 We collectively met over

Worth of Property Sold Under The Hammer this financial year

Earned above the Reserve Prices set by our Sellers Buoyed by the booming Southern Gold Coast Property Market, our Online Auction Events are “Feeding Frenzies” for buyers.

10,000 BUYERS

P R E S TI G E HOME S A LES Attributes

A p ril - June 2 0 2 1

Area

1 3 5 J e f f e r s o n L a n e , Pa l m B e a c h

3b 3b 2c

457m2

$6,100,000

28/06/2021

5 Tw e n t y S i x t h Ave n u e , Pa l m B e a c h

4b 2b 2c

405m2

$1,825,000

03/07/2021

4 5 M a l l a w a D r i ve , Pa l m B e a c h

4b 2b 2c

519m2

$1,580,000

29/06/2021

1 9 D i p l a c u s D r i ve , Pa l m B e a c h

3b 2b 4c

819m2

$2,070,000

28/06/2021

2 1 D i p l a c u s D r i ve , Pa l m B e a c h

6b 4b 3c

840m2

$2,400,000

28/06/2021

7 0 C y p r e s s Te r ra c e , Pa l m B e a c h

3b 1b

412m2

$1,356,000

24/06/2021

6 6 M a l l a w a D r i ve , Pa l m B e a c h

4b 3b 2c

830m2

$3,450,000

19/06/2021

7 8 N i n e t e e n t h Ave n u e , Pa l m B e a c h

4b 2b 2c

672m2

$1,260,000

08/06/2021

1 1 E l eve n t h Ave n u e , Pa l m B e a c h

4b 2b 2c

-

$1,260,000

08/06/2021

1 3 D i p l a c u s D r i ve , Pa l m B e a c h

3b 2b 4c

819m2

$2,100,000

08/06/2021

5 3 B o o d e ra R o a d , Pa l m B e a c h

5b 2b 2c

604m2

$1,750,000

03/06/2021

2 0 8 To w n s o n Ave n u e , Pa l m B e a c h

3b 2b 2c

673m2

$1,500,000

03/06/2021

1 4 2 Ta h i t i Ave n u e , Pa l m B e a c h

6b 3b 4c

893m2

$2,500,000

28/05/2021

1 0 8 C y p r e s s Te r ra c e , Pa l m B e a c h

3b 2b 2c

214m2

$1,090,000

27/05/2021

4 Pa l m B e a c h Ave n u e , Pa l m B e a c h

3b 2b 2c

453m2

$3,030,777

24/05/2021

1 5 6 To w n s o n Ave n u e , Pa l m B e a c h

3b 1b 1c

579m2

$1,190,000

21/05/2021

5 7 M a l l a w a D r i ve , Pa l m B e a c h

3b 2b 2c

519m2

$1,650,000

07/05/2021

4 9 B o o d e ra R o a d , Pa l m B e a c h

4b 1b 3c

640m2

$1,550,000

01/05/2021

3 9 J e f f e r s o n L a n e , Pa l m B e a c h

4b 4b 2c

408m2

$4,625,000

30/04/2021

P RE S T I G E U NIT S ALES Attributes

A p ril - J une 2 02 1

Area

4 / 1 6 0 J e f f e r s o n L a n e , Pa l m B e a c h

3b 3b 2c

155m2

$1,250,000

30/06/2021

1 0 T h i r d Ave n u e , Pa l m B e a c h

3b 2b 2c

318m2

$1,315,000

30/06/2021

1 3 8 L a g u n a Ave n u e , Pa l m B e a c h

4b 2b 2c

351m2

$1,517,000

30/06/2021

1 / 2 0 J e f f e r s o n L a n e , Pa l m B e a c h

4b 2b 4c

351m2

$1,600,000

29/06/2021

8 S e c o n d Ave n u e , Pa l m B e a c h

3b 3b 2c

228m2

$1,025,000

20/06/2021

4 3 8 C y p r e s s Te r ra c e , Pa l m B e a c h

3b 2b 2c

413m2

$1,000,000

07/06/2021

3 0 1 / 1 3 3 1 G o l d C o a s t H w y, Pa l m B e a c h

3b 2b 2c

228m2

$2,400,000

11/05/2021

1 / 1 2 3 7 G o l d C o a s t H w y, Pa l m B e a c h

5b 3b 2c

-

$1,650,000

29/04/2021

4 0 S i x t h Ave n u e , Pa l m B e a c h

3b 2b 2c

247m2

$1,150,000

23/04/2021

4 Pa l m B e a c h Ave n u e , Pa l m B e a c h

3b 2b 2c

230m2

$3,030,777

13/04/2021

9 / 7 7 J e f f e r s o n L a n e , Pa l m B e a c h

3b 3b 2c

464m2

$3,900,000

07/04/2021

Just Sold 135 Jefferson Lane

F O R A NE W S UBURB REC O RD

Jon Blake Resourceful, strategic and adaptable, Jonathan is a refreshing addition to the industry. With a significant background in construction and property, a zest for knowledge and the drive to set benchmark results, Jonathan prides himself on his professional manner and high levels of transparency and integrity.

Not happy with the ordinary, Jonathan always aims to exceed his vendor’s expectations. He’s fiercely loyal to their real estate ambitions and voraciously defends value. It’s why he’s known as an outstanding negotiator and has transacted over $100,000,000 worth of property.

With a strong passion for the area he calls home and bringing a wealth of local knowledge, Jonathan feels privileged to be helping people within his local community to sell or purchase their biggest asset.

0434 212 064 jonathan.blake@raywhite.com