Independent and FREE - 2021 Best Online Publication

Auctions push property prices to new heights

Independent and FREE – 2021 Best Online Publication (Qld Country Press)

Auctions push property prices to new heights

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Auctions continue to push Sunshine Coast property prices to new heights

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Some pockets of the Sunshine Coast that traditionally have been less inclined to auction their properties are now embracing the method of sale and reaping the rewards.

Take the sale at 4 Bloodwood Close, Mooloolah Valley, on Sunday morning.

Debbie Parsell, with the team at Prime Property, bathed in the morning sun with eight registered bidders ready to secure the home.

Positioned at the end of the cul-de-sac, the home exudes country hospitality and charm.


Proceedings kicked off at $650,000 and there was courteous bidding straight past the reserve, with the property selling to a beautiful young couple for $886,000.

Deb, now an unofficial family member of the buyer and seller, was receiving hugs all round.

Alex Dale, with the wonderful team at Bli Bli Property, allowed auction day to set a great benchmark in Cutters Ridge, Bli Bli, on Saturday afternoon

The offering at 36 Histed Terrace is a nicely finished and well-presented four-bedroom family home on 600m2.

From my recollection, the last auction conducted in this precinct was well over a year ago.

Young families and folks relocating made up the majority of our eight registered bidders.

31 Histead Terrace, Bli Bli.


Out of the blocks with an easy $650,000, the bidding slowly but very surely escalated to the final rise of the paddle at $915,000.

Alex was very happy with the outcome and, of course, happy to be welcoming the new, soon-to-be locals.

The property at 102 Maroochy Waters Drive, Maroochydore, last Wednesday evening proved very successful for long standing Century 21 on Duporth’s principal Damien Said.

The east-facing waterfront home on 717m2 proved very popular with fishing-mad families and people chasing the dream of waterfront living.

Bidding stumped up in the early million dollar range only to surge into the mid millions quite effortlessly.

After consultation with Damien, the property (pictured above) was declared to be sold at $1,650,000 to a young family who went on to download the boat sales app so they could get on the water ASAP.


Topping out the highest sale under the hammer in the state this week was 25 Adams Street, Sunshine Beach, for $5,150,000.

Rebekah Offermann, Eric Seetoo and the team at Tom Offermann expertly guided all parties throughout the campaign.

The six-bedroom, six-bathroom home is underpinned by a beautiful, practical design that is just perfect for the active beachside family.

25 Adams St, Sunshine Beach.

With the majority of bidders only experiencing the property via virtual tours, the opening bid was $4.5 million.

Then away went the public conversations until an agreement was made at $5,150,000.

Sellers are happy and the buyers thrilled about their new beachside lifestyle.


HOT AUCTIONS THIS WEEK:

Tuesday 15, 4pm, 3 Grevillea Close, Buderim – David Grenfell Property Today

Wednesday 16, 2pm, 6 Fittell Court, Tewantin – Jeanette Catilano Hinter Noosa

Thursday 17, 5:30pm, 7 Sunbird Chase, Parrerara – Andrew Schofield C21 on Duporth

Friday 18, 1pm, 17 Paninga Place, Little Mountain – Jason Jaeger C21 Caloundra

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  auction wrap-up for sunshinecoastnews.com.au is compulsory reading for anyone interested in the hottest sales and latest tales from the property frontline.