Selling at auction is still proving popular and successful with more than 20 auctions held on the Sunshine Coast during a hectic few days.
The clearance rate for those auctions was 81.8 per cent, with $22,309,500 worth of property sold under the hammer.
For the properties passed in, in most cases it certainly wasn’t due to a lack of bidders.
For example, 11 Victor Street (pictured below) in Alexandra Headland had 12 registered bidders, while 9/8 Memorial Avenue in Maroochydore had 18 bidders and 8/51-55 Buderim Avenue in Mooloolaba had 15.
With interstate lockdowns for the most part being a thing of the past, the pent-up demand from particularly Melbourne and Sydney buyers for quality Sunshine Coast stock hasn’t diminished.
Many properties up for auction still attracted interstate interest while there was a very solid number of local and Brisbane buyers in the mix.
Mad chase for CBD townhouse
Do you remember what your parents told you when you first discussed investing in property?
It was probably ‘location, location, location’.
Well, the two-bedroom townhouse at 8/5-7 Hinkler Parade in Maroochydore is a property your parents would have approved of you purchasing.
It’s beautifully presented, architecturally designed with timber and embedded sustainable design elements, and pleasing clean lines.
And it’s located in just the right place, with easy access to both the CBD and the beach.
“You can literally walk to everything,” listing agent Fiona Rawson of Ray White said.
That listing turned out to be the busiest Ms Rawson has worked on.
“We had 136 buyer groups through the house physically,” she said.
“I had buyers from as far flung as Hong Kong.”
The auction was a cracker she said, with one buyer flying in from Adelaide to attend.
There were 17 registered bidders plus four buyer agents acting for the interstate and international buyers.
“It was full-on,” Ms Rawson said.
“In the end it was bought by a local lady who came to every single open home; she absolutely loved the property.”
The price was not disclosed.
Entry level home surprises
Ray White agent Ellen Lorenz marketed a three-bedroom house at 2 Lee Street in Buderim as an entry-level home.
At the auction, in just 10 minutes and after about 20 bids from the 10 registered local and interstate bidders, the price moved up from $640,000 to finally sell under the hammer for $827,500 to an interstate buyer.
“It’s a fabulous result for an entry level home in Buderim Pines,” Ms Lorenz said.
“It’s getting a bit frightening when entry-level buying in Buderim is going for that much.
“The buyer will use it as an investment initially.
“However, they will look to move up when they can, from Sydney.”
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Marathon auction for rural retreat
It was hard work for the auctioneer at the sale of a glorious 33-acre rural retreat at 30 Sullivans Road in Eudlo.
For a good half-hour auctioneer Jake Loiero of Ray White worked with three bidders – one from interstate and others were local.
People were bidding in $200 and $300 and $700 increments as they chased owning the six-bedroom house.
Sixty-one bids later and above reserve, the house finally sold under the hammer for $1.877m to a local buyer.
Mr Loiero said it was a great result and it reinforced the value of going to auction.
List of auction results
11 Victor Street, Alexandra Headland
- Passed in at $2.105m
- 6 Bed, 4 Bath, 2 Car, Define Property, Ross Cattle
2 Griffith Lane, Buderim
- Passed in at $1.76m
- 4 Bed, 4 Bath, 2 Car, Ray White, Lew Pottinger, Judy Wild
19 Hermitage Court, Buderim
- Passed in at $900,000. Offers over $950,000
- 4 Bed, 2 Bath, 2 Car, Team Goodwin, Minka Jenkins, Lachlan Hollyoak
2 Lee Street, Buderim
- Sold under the hammer for $827,500
- 3 Bed, 2 Bath, 2 Car, Ray White, Ellen Lorenz
16 Glenys Street, Burnside
- Sold under the hammer for $650,000
- 4 Bed, 2 Bath, 4 Car, Ray White, Peter Chant
7 Wilson Avenue, Dicky Beach
- Sold under the hammer for $4.8m
- 5 Bed, 3 Bath, 2 Car, Ray White, Andrew Garland
30 Sullivans Road, Eudlo
- Sold under the hammer for $1.877m
- 6 Bed, 3 Bath, 10 Car, Ray White, Dan Smith, Drew Culliver
305/34 Fourth Avenue, Maroochydore
- Sold prior to auction $1.007m
- 3 Bed, 2 Car, 2 Bath, Ray White, Alastair Frew
15/3 Highgate Place, Maroochydore
- Sold under the hammer for $475,000
- 2 Bed, 1 Bath, 1 Car, Ray White, Fiona Rawson
8/5-7 Hinkler Parade, Maroochydore
- Sold under the hammer, price undisclosed
- 2 Bed, 1 Bath, 1 Car, Ray White, Fiona Rawson
9/14-15 Maroubra Street, Maroochydore
- Sold under the hammer, price undisclosed
- 2 Bed, 1 Bath, 1 Car, Ray White, Greg Clark
9/8 Memorial Avenue, Maroochydore
- Sold under the hammer for $830,000
- 3 Bed, 2 Bath, 1 Car, Ray White, Sarah-Louise Anderson
2/22 Radiata Drive, Maroochydore
- Passed in at $510,000
- 3 Bed, 2 Bath, 2 Car, Define Property, Greg Turnbull
89 Tepequar Drive, Maroochydore
- Sold under the hammer for $860,000
- 3 Bed, 2 Bath, 2 Car, Ray White, Natalie Tink, Mitch Sinclair
3 Derby Road, Moffat Beach
- Sold under the hammer for $2.07m
- 4 Bed, 3 Bath, 2 Car, Ray White, Andrew Garland
8/51-55 Buderim Avenue, Mooloolaba
- Sold under the hammer for $663,000
- 2 Bed, 2 Bath, 1 Car, Ray White, Pam Thomas 0438 272096, Dee Woodroofe =
202/3 Meta Street, Mooloolaba
- Sold prior to auction, price undisclosed
- 2 Bed, 2 Bath, 1 Car, Ray White, Simon Howe
103/13-15 The Esplanade, Mooloolaba
- Sold under the hammer for $2.16m
- 3 Bed, 2 Bath, 2 Car, Ray White, Reuben Park, Dan Sowden
9 Karloo Court, Mountain Creek
- Sold under the hammer for $1.75m
- 5 Bed, 2 Bath, 2 Car, Ray White, Brent Higgins
12 Fairmeadow Place, Nambour
- Sold under the hammer for $420,000
- 4 Bed, 1 Bath, 1 Car, Ray White, Matt O’Grady, Kristin Cowie
9 Tweedia Close, Nambour
- Sold under the hammer for $687,000
- 4 Bed, 2 Bath, 2 Car, Ray White, Michael Scott
19 Pummelo Circuit, Palmwoods
- Sold under the hammer for $705,000
- 4 Bed, 2 Bath, 2 Car, Ray White, Chevonne Rees
147/2 Melody Court, Warana
- Sold under the hammer fo $545,000
- 2 Bed, 1 Bath, 1 Car, Define Property, Scott Henshaw
301 Nicklin Way, Warana
- Sold under the hammer for $680,000
- 3 Bed, 1 Bath, 1 Car, Ray White, Greg Clark
