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Million-dollar surprise as auctions defy wet conditions

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Million-dollar surprise as auctions defy wet conditions

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Million-dollar surprise in wet and wild weekend of Sunshine Coast auctions

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The rainy long weekend proved no challenge as buyers turned up with umbrellas and bidder cards ready to secure their property of choice.

Sippy Downs, which over the past 12 months has had a median house price of $550,000, emerged one of the surprise stars.

The family-friendly suburb, with its paths, lakes and education offerings, chalked up what we believe was only its third million-dollar residential sale.

The four-bedroom (plus study), three-bathroom home set on 800m2 at 5 Somerville Crescent, which backs onto parkland, was sold under the hammer for $1,000,000 neat. Jason Jaeger from C21 Caloundra, buyers and sellers were all ecstatic with the result.

Renae Danger from Property Today returned to the front line of auctions with her sale at 6 Turner Street, Maroochydore.

The 607m2 property, with a neat three-bedroom home, was right in the wheelhouse of investors and home seekers alike.

On Friday at 1pm, a crowd of 30 converged with the team at Property Today, who were FaceTiming, Zooming and Skypeing buyers from all over the place.

The property at 6 Turner Street, Maroochydore, which sold at auction.

Bidding kicked off at $630,000 and undeterred, the competition rose as bidding went back and forth until everyone was Zoomed out. The last buyer was left standing at $679,000.

Lochlan Silk and the team at Local Property Group continued their success at auction with the sale of 25 Dunk Place, Little Mountain.

25 Dunk Place, Little Mountain.

On Saturday at 9am, armed with umbrellas and gum boots, the contenders arrived.

The high-set, four-bedroom home in a cul-de-sac was a perfect family home that was always going to be in demand.

Bidding began at a respectable $700,000 and the property was sold for $742,500. Mr Silk was very happy for all parties.

11 Moondarra Crescent, Mooloolaba, led by Ian and Nigel Baker from On Point Property Agents, sold in a highly-competitive environment for $1,810,000.

The waterfront home with perfect north-east aspect was an easy walk to Mooloolaba’s Esplanade. As the rain came down we were out of the gates at $1.3 million, quickly running in $100k $50k $10k then, finally, $5k increments until the bidding finally came to rest.

A central location,  great presentation and spacious living ensured the sale under the hammer of 5/28 Kinley Avenue, Maroochydore, for $550,000.

The three-bedroom, two-bathroom townhouse, currently tenanted at $475 per week, attracted considerable interest for the successful agent, Natalie Tink at Ray White Maroochydore.

The sale that everyone was talking about early last week was the iconic Reef Hotel on Noosa Hill. Solidified by the ASX-listed tenant, the 5000m2 property was always going to gain interest from a national audience.

The negotiations kicked off in the JLL offices in Brisbane’s CBD on Tuesday at 10am.

Bidding from our southern capitals was assertive, but our local investor wasn’t deterred as he expertly navigated the auction floor until the hammer fell at $13,900,000.

Jacob Swan and Sam Hatcher agreed the sale was bitter sweet as they had enjoyed the inspections in Noosa over the last month or so.

Gordon Macdonald, founder of The Auction Group, has been calling auctions on the Coast for more than a decade after an earlier career in real estate sales. His  sunshinecoastnews.com.au column is compulsory reading for anyone interested in the hottest sales and latest tales from the property frontline.

AUCTION RESULTS:

The Reef Hotel, 19 Noosa Drive, Noosa

SOLD: $13,900,000

Jacob Swan, JLL

26/1 Quamby Place, Noosa Heads

SOLD: $1,510,000

Roark Walsh, Tom Offermann Real Estate

6 Turner Street, Maroochydore

SOLD: $679,000

Renae Danger, Property Today

5 Somerville Crescent, Sippy Downs

SOLD: $1,000,000

Jason Jaeger C21 Caloundra

5/28 Hinley Ave, Maroochydore

SOLD: $550,000

Natalie Tink, Ray White Maroochydore

25 Dunk Place, Little Mountain

SOLD: $742,500

Lachlan Silk, Local Property Group

11 Moondarra Crescent,  Mooloolaba (pictured)

SOLD: $1,810,000

Ian Baker On Point Property Agents

50 Pelican Street, Peregian Beach

Mike Hay C21 Conolly Hay Group Noosa

Still Negotiating

209 Valley Drive, Doonan

SOLD $1,905,000

Mal Cox, Tom Offermann Real Estate

78 Mooloolah Drive, Minyama

SOLD PRIOR

Craig Morrison Town

16 Merimist Way, Kiels Mountain

SOLD: $805,000

John Cutuli, Catherine Stone Amber Werchon Property

62/140 Alexandra Parade, Alexandra Headland

SOLD: $1,395,000

Jess Ruskin, Jay Sherwell Home

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