Dozens of Brisbane and Gold Coast homes sell in mass auction
A mass auction was held on Wednesday November 15 with the top three sales under the hammer coming out of the Palm Beach/Tugun/Currumbin area.
More than 30 homes from Tugun to Graceville have sold in a mass online auction, with 14 more going into negotiations and around a handful that passed in still up for grabs.
Around $28m worth of sales were struck under the hammer as bidding got underway under supervision of Ray White Queensland CEO Jason Andrew and chief auctioneer Gavin Croft. Proceedings began after lunch and continued into the evening on Wednesday, seeing 34 homes sell outright from townhouses in beach suburbs to large homes in inner Brisbane. Fourteen more entered negotiations between sellers and top bidders during the auction.
MORE: Statistics reveal why life will get harder for desperate renters
Shock income you need to earn to buy a house in Brisbane
Prize homeowner’s incredible win ends shock run of bad luck
2/5 Bali Avenue, Palm Beach, sold for $1,360,000.
The property is walking distance to some of Queensland’s best beaches.
“It’s been a wonderful day,” Mr Croft said at the close of proceedings. “Seventy per cent of our properties have cleared here, selling under the hammer. Some just under 200 bidders, we have had in excess of 3,000 people join us online.”
Beach suburbs on the Gold Coast delivered the top three outright auction sales, all of which was marketed by Ray White Tugun. The top auction price was a three bedroom duplex at 2/5 Bali Avenue, Palm Beach, which sold for $1.36m. Agents Dion Zorko and Daniel Tavener had listed it as a home with “an air of prestige and luxury” just 800m from the sand at Palm Beach.
6 Elowra Court, Tugun, sold for $1,320,000.
It has a peaceful outlook over the highly sought neighbourhood.
The second highest sale under the hammer was a four-bedroom house at 6 Elowra Court, Tugun, brought to market by John Parkes and Georgia Lazzaro. The property sold for $1.32m and was described as an “entertainer’s paradise”.
A two bedroom home just 150m from Currumbin Creek – sitting on a massive 1,118sq m block – took out third place, with an auction sale price of $1.3m. The home at 24 Thrower Drive, Currumbin, was taken to market by Alicia Wilkins who described it as “an extraordinary opportunity” located “moments from some of the Gold Coast’s most exquisite beaches, trendy cafes, esteemed schools, and vibrant shopping districts”.
Among big sales that went through under the hammer was 21 Blackheath Road, Oxley, which sold for $1.1m and 95 Princess Street, Petrie Terrace that fetched $1.1m.
SEE THE LATEST PROPTRACK HOME PRICE INDEX
24 Thrower Drive, CURRUMBIN sold for $1,300,000.
Wednesday’s order of sale:
1. 8 Kalgoorlie Street, PIMPAMA
Sold $805,000
2. 5 Cocararra Court, TUGUN
Sold $1,220,000
3. 5/2 Tuition Street, UPPER COOMERA
Sold $555,000
4. 16 Strong Avenue, GRACEVILLE
Under Negotiation $1,750,000
5. 2/3 Paula Drive, UPPER COOMERA
Sold $665,000
6. 24 Thrower Drive, CURRUMBIN
Sold $1,300,000
7. 101 Fairbourne Terrace, PIMPAMA
Under Negotiation $750,000
8. 21 Blackheath Road, OXLEY
Sold $1,100,000
9. 7/60 Beattie Road, COOMERA
Sold $580,000
10. 8 Minto Place, UKI
Sold $1,130,000
11. 28 Steves Way, COOMERA
Sold $770,000
12. 13/27 Station Road, INDOOROOPILLY
Under Negotiation $545,000
13. 30 Brookside Circuit, ORMEAU
Sold $730,000
14. 30 Domain Road, CURRUMBIN
Sold $1,230,000
15. 9 Southern Lights Drive, PIMPAMA
Passed In $780,000
16. 40 Harrowby Street, CORINDA
Sold $870,000
17. 3 Zinc Street, PIMPAMA
Sold $750,000
18. 447A Golden Four Drive, TUGUN
Under Negotiation $3,500,000
19. 447B Golden Four Drive, TUGUN
Under Negotiation $1,300,000
20. 87/60 Beattie Road, COOMERA
Sold $550,000
21. 17 Salubris Place, MOGGILL
Passed In
22. 10 Rivercherry Way, UPPER COOMERA
Passed In $925,000
23. 17 Lucania Street, CURRUMBIN WATERS
Sold $1,020,000
24. 28 Baldwin Crescent, PIMPAMA
Under Negotiation $850,000
25. 81 Sandon Street, GRACEVILLE
Under Negotiation $1,020,000
26. 553 Reserve Road, UPPER COOMERA
Sold $750,000
27. 15 Swanson Place, NERANWOOD
Passed In
28. 22 Dianella Crescent, MAUDSLAND
Passed In $1,030,000
29. 7 Grandview Place, OXLEY
Sold $917,000
30. 50 Banrock Street, PIMPAMA
Sold $721,000
31. 7 Durran Street, TUGUN
Sold $880,000
32. 33/226 Varsity Parade, VARSITY LAKES
Sold $462,000
33. 36 Shane Road, WILLOW VALE
Under Negotiation $1,175,000
34. 2/5 Bali Avenue, PALM BEACH
Sold $1,360,000
35. 13 Benecia Avenue, COOMERA WATERS
Passed In
36. 36 Park Road, GRACEVILLE
Sold $855,000
37. 15 Polynesia Avenue, PACIFIC PINES
Sold $930,000
38. 11/28 Skew Street, SHERWOOD
Sold $715,000
39. 8 Flaminia Street, CURRUMBIN WATERS
Sold $1,150,000
40. 59 Bluetail Crescent, UPPER COOMERA
Under Negotiation $450,000
41. 95 Princess Street, PETRIE TERRACE
Sold $1,100,000
42. 8 Cullen Street, PIMPAMA
Sold $1,062,000
43. 6 Elowra Court, TUGUN
Sold $1,320,000
44. 29 Emmaville Crescent, ORMEAU
Sold $981,000
45. 21 Harlin Road, COALFALLS
Under Negotiation $650,000
46. 53 Bluetail Crescent, UPPER COOMERA
Sold $500,000
47. 1/21 Hill Avenue, BURLEIGH HEADS
Under Negotiation $850,000
48. 11 Islandview Terrace, ORMEAU HILLS
Under Negotiation $1,200,000
49. 189 Strong Avenue, GRACEVILLE
Under Negotiation $950,000
50. 21 Cassowary Drive, BURLEIGH WATERS
Under Negotiation $2,200,000
51. 2/40 Marion Street, TUGUN
Listed at offers over $1.795m
52. 4 Hibiscus Street, STEIGLITZ
Sold
53. 32 Oak Street, PIMPAMA
Sold
54. 71 Picnic Creek Drive, COOMERA
Sold
55. 6 Salisbury Court, UPPER COOMERA
Sold $755,000