'Tis the season to be selling...
Suburb Snapshot August 2022 - November 2022
Palm Beach
A message from Dion Zorko If the 2022 selling season has shown us anything, it's that RWTE property sale prices continue to deliver in the midst of change. While there has been a 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
Median Sale Price (house)
$1,525,000
Median Sale Price (unit)
$775,000
Average Days on Market
60
Highest Sale
$3,427,500
Currumbin
sellers. The auction clearance rate of property sold by RWTE is currently sitting at 85% for this 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 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. We hope you find the following information of value and wish you a very merry holiday season!
Median Sale Price (house)
$1,122,500
Median Sale Price (unit)
$1,080,000
Average Days on Market
70
Highest Sale
$3,750,000
Elanora Median Sale Price (house)
$1,117,000
Median Sale Price (unit)
$505,000
Average Days on Market
44
Highest Sale
$1,775,000
Tugun
Dion Zorko Property Specialist / Ray White Tugun Elanora 0416 516 652 / dion.zorko@raywhite.com
PROUDLY PRESENTED BY DION ZORKO
Awarded
ELITE P E R F O R M E R
2 1 - 2 2
Median Sale Price (house)
$1,000,000
Median Sale Price (unit)
$745,000
Average Days on Market
49
Highest Sale
$3,200,000
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
SOLD by The Dion Zorko Team Top 6 Noteable Sales of 2022
1/8 PETER PARADE, MIAMI
11 TUSSOCK CRESCENT, ELANORA
SALE PRICE: $1,250,000 BUYER ORIGIN: INTERSTATE
SALE PRICE: $1,488,000 BUYER ORIGIN: INTERSTATE
17 DOMAIN ROAD, CURRUMBIN
3 CAPEL COURT, ELANORA SALE PRICE: $840,000 BUYER ORIGIN: INTERSTATE
SALE PRICE: $1,045,000
Sold by Dion Zorko "Dion made selling my property seem like a walk in the park. He was professional honest, & always available. His calm & friendly approach gave me confidence throughout the process. Dion demonstrated his thorough understanding of the market and I couldn’t be happier with
BUYER ORIGIN: LOCAL
15 CORREA COURT, ELANORA SALE PRICE: $1,525,000
BUYER ORIGIN: LOCAL
5 ALOE COURT, ELANORA SALE PRICE: $1,210,000
BUYER ORIGIN: LOCAL
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.
the outcome. I know now for all future property dealings I don’t have to look elsewhere.." Joanne Brown 0416 516 652
Palm Beach Property
dion.zorko@raywhite.com
@palmbeachproperty
www.raywhitetugunelanora.com
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!