'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
Competition Creators 2022 Online Auction Review Auction bidding is a reflection of the market in real time; it provides vendors genuine insights into the energy and pulse of the market. In a time where market dynamics can change so quickly, the success our team has found through the Online Auction process has remained consistent throughout 2022. When comparing Auction vs Private treaty our data shows us the average days on market for auction is comfortably sitting at 33, whilst private treaty is increasing at 51. Not only are we continuously seeing willingness from local property owners to transact under the hammer, our buyer pool is expanding with cash ready buyers keen on raising a paddle at one of our events. With two fantastic years of Online Auctions under our belt, we can't wait to see what the new year brings for these high profile events!
$90M+ WORTH OF PROPERTY SOLD
139
85%
534
PROPERTIES AUCTIONED ONLINE
AUCTION PROPERTIES SOLD AT AUCTION, PRIOR, POST
BUYERS REGISTERED TO BID
Out & About Community Events Proudly Sponsored by RWTE
LITTLE RAY OF GIVING
Scan Me!
TUGUN LIGHTS UP
GC50 RUN FESTIVAL
Free festive fun for the whole family! Tugun Lights
We are delighted to offer a challenge for everyone
Ray White Tugun Elanora are proud to be
Up returns in 2022 for its tenth annual celebration.
this December, including 50km, 25km, 12km, 5km
sponsoring The Pyjama Foundation in this years
Join us at the end of Toolona Street (beach end) for
and Kids Dash events. With a course that hugs the
Little Ray of Giving Christmas Initiative. Give to
live music, delicious food and a special visit from
jaw-dropping beautiful southern Gold Coast town of
children in care this festive season by wrapping and
Coolangatta, the GC50 event awaits you and your
delivering gifts to our Tugun Office Giving Tree.
Santa!
run crew!
3RD DECEMBER AT 4.00PM www.tugunlightsup.com.au
3RD & 4TH DECEMBER
14TH NOVEMBER - 6TH DECEMBER
www.gc50runfestival.com.au
423 Golden Four Drive, Tugun
Current State of Play Suburb Breakdown - Aug - Nov 22
CURRUMBIN WATERS
CURRUMBIN HOUSES
SOLD IN 2022
APARTMENTS
HOUSES
HIGHEST $3,750,000
HIGHEST $2,650,000
HIGHEST $990,000
MEDIAN $1,122,500
MEDIAN $1,080,000
MEDIAN $1,137,500
MEDIAN $759,000
6
12
HOUSES
UNITS
AVERAGE DOM*
70
65
HOUSES
UNITS
SOLD IN 2022
30
15
HOUSES
UNITS
ELANORA HOUSES
SOLD IN 2022
APARTMENTS
HIGHEST $3,295,000
AVERAGE DOM*
54
34
HOUSES
UNITS
PALM BEACH APARTMENTS
HOUSES
APARTMENTS
HIGHEST $1,775,000
HIGHEST $755,000
HIGHEST $3,427,500
HIGHEST $2,975,000
MEDIAN $1,117,000
MEDIAN $505,000
MEDIAN $1,525,000
MEDIAN $775,000
60
13
HOUSES
UNITS
AVERAGE DOM*
44
53
HOUSES
UNITS
SOLD IN 2022
65
87
HOUSES
UNITS
AVERAGE DOM*
169
46
HOUSES
UNITS
Christmas Cooking On the hunt for some festive cooking inspiration this silly season? Our team have put together a delicious Christmas Cooking e-book filled with our go-to Christmas day delicacies.
Scan me for recipes!
POWERFUL MARKETING, COMPETITIVE BUYERS, UNPARALLELED SUCCESS
PRESENT YOUR PROPERTY TO EVERY CONCEIVABLE BUYER IN THE MARKETPLACE
ACHIEVE THE HIGHEST POSSIBLE SALE PRICE FOR YOUR PROPERTY
You've loved it... now it's time to list it! SCAN THE QR CODE TO REGISTER YOUR INTEREST!