Stephen Hay
12 $3,975,000 Highest House Sale Price House sales achieved in the last 8 weeks $1,629,500 Median House Sale Price 13 $918,000 Highest Apartment Sale Price Apartment sales achieved in the last 8 weeks $735,750 Median Apartment Sale Price 64 Average DOM 39 RWTE Average DOM 55% Suburb Auction Clearance 74% RWTE Auction Clearance *StatisticsfromPricefinderandpreliminaryAuctiondatafromRayWhite MARKET INSIGHTS Currumbin & Currumbin Waters 1st June - 31st July 2023 June&July2023 June&July2023 June&July2023 June&July2023
ADDRESS SUBURB PARTICULARS PRICE DATE 23 Carlyle Drive 4/6 Weeumba Street Currumbin Currumbin 4b 2b 2c $1,800,000 $780,000 July 23 15 James Street 9/14 Thrower Drive Currumbin Currumbin $3,850,000 $918,000 July 23 July 23 3b 2b 1c 4b 2b 2c 3b 2b 0c 3/9 Weeumba Street 9/12 Thrower Drive Currumbin Currumbin 2b 1b 1c $789,000 $918,000 June 23 June 23 3/5 Cooinda Avenue 48 Whitsunday Drive Currumbin Currumbin Waters $640,000 $1,450,000 June 23 July 23 3b 2b 1c3b 3b 5c 34/18 Bienvenue Drive 6/34 Guineas Creek Road Currumbin Waters Currumbin Waters 2b 1b 0c $585,000 $585,000 July 23 June 23 17 Harris Court 48 Michel Drive Currumbin Waters Currumbin Waters $1,900,000 $350,000 June 23 June 23 2b 1b 1c 3b 2b 2c 5b 3b 4c 21/96 Galleon Way Currumbin Waters 3b 2b 2c $3,975,000 June 23 17/9 Border Drive North Currumbin Waters $860,000 June 23 3b 2b 0c July 23 RECENT SALES Currumbin & Currumbin Waters 1st June - 31st July 2023 *AllinformationsourcedisfromPricefinder&thisreportprovidesanoverviewofallsalesthathavetakenplaceinthearea byallagentsnotonlythoseofRayWhiteTugun/Elanorabutotheragenciesaswell Inpreparingthisdocumentwehave usedourbestendeavourstoensuretheinformationcontainedhereinistrueandaccurate,butweacceptnoresponsibilityanddisclaimallliabilityinrespecttoanyerrors,omissions,inaccuracies,ormisstatementsthatmayoccur 5/2 Border Drive North 22 Gilchrist Drive Currumbin Waters Currumbin Waters 3b 2b 0c $920,000 $1,435,000 June 23 3 Bienvenue Drive 9 Sellin Place Currumbin Waters Currumbin Waters $800,000 $1,280,000 June 23 June 23 4b 2b 3c 5b 2b 2c 4b 2b 1c 16/14 Wilpark Crescent 22 Hoffschildt Drive Currumbin Waters Currumbin Waters 3b 2b 2c $890,000 $1,400,000 June 23 June 23 188-199 Tierney Drive Currumbin Waters $2,130,000 June 23 4b 2b 2c 4b 5b 2c June 23 1/40 Guineas Creek Road Currumbin Waters $700,000 June 23 15/18 Bienvenue Drive Currumbin Waters $665,000 June 23 2b 1b 1c 2b 1b 1c 12 Bernoth Street Currumbin Waters $1,575,000 July 23 5b 2b 2c 87 Bienvenue Drive Currumbin Waters 3b 2b 2c $1,005,000 June 23
WHY SELL NOW?
REAL-TIME DATA FROM RAY WHITE'S CHIEF ECONOMIST, NERIDA CONISBEE
LISTING 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 Stephen Hay
With a professional & infectious enthusiasm to always exceed all expectation Stephen's attention to detail & exceptional level of commitment to his clients is unquestionable He is a highly skilled communicator with an extensive background working in 5 star resorts which has given him a strong foundation for consistently delivering first class service
Stephen is an experienced & progressive Agent who understands that the key to success starts with really listening to his client's needs and working with them to achieve the best possible result His strong desire to succeed is complimented by his refreshingly positive & friendly approach, enabling him to continually uphold the high standards expected by both vendors & buyers
Having called the Southern Gold Coast home for the past 20 years Stephen's wealth of local knowledge is hard to beat Being actively involved in the community with his family of 4 children entrenched in local schools, sporting & surf clubs has given him an even greater insight into what makes the Southern Gold Coast so special
Loving where you live makes Real Estate an enjoyable journey
WELCOME HOME Recently Sold by Ray White Tugun Elanora
16/18 Bienvenue Drive, Currumbin Waters
SOLD $670,000
Under The Hammer
10 Bradshaw Drive, Currumbin Waters SOLD $1,570,000
Post Auction
36 Aethalia Street, Currumbin Waters
SOLD $1,050,000
Under the Hammer
17 Harris Court, Currumbin Waters SOLD $1,900,000
Post Auction
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 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 Stephen Hay Ray White Tugun Elanora 0409 599 899 07 5598 2577 stephen.hay@raywhite.com www.raywhitetugunelanora.com.au
