An annual auction bonanza has opened the doors for more big sales on the Sunshine Coast.
More than $33 million worth of property changed hands at the Ray White Coastal Living Network Auction Event, but “the story doesn’t stop there,” according to auctioneer Dan Sowden.
Many of the homes have been sold post-auction.
Mr Sowden, Director at Ray White Maroochydore, said prospective buyers had jostled for properties in the days and weeks after the event.
“With 71 properties listed for auction, there was always going to be some sales and negotiations carry over,” he said.
“We are incredibly proud of the determination and diligence our agents have shown in the days and weeks post the event.”
Twenty-nine properties, valued at more than $33m, were sold at the auction event, which was the biggest of its kind in the region, while 10 properties, valued at more than $8m, have been sold or are under contract post-auction, bringing the total sales value to more than $41m so far.
That’s despite rising interest rates and a slump in property prices on the Sunshine Coast and beyond.
“It (the post-auction sales) shows buyers have still got lots of confidence in the market,” Mr Sowden said.
“Buyers are bidding at auction and buying unconditionally.
“Rising interest rates are at the top of the media, at the moment, but people still have the confidence to buy.”
Among the post-auction sales was a “delightful” property in a prime location.
No.95 Prosperity Drive, Birtinya was listed for sale at $720,000 and was quickly sold after there were multiple offers.
Auctioneer James Goldsworthy, Director Ray White Mooloolaba, said the three-bedroom, two-bathroom, two car space property, was in a great area.
“The home is well positioned, with easy access to the to the Sunshine Coast Hospital, entertainment precinct and Bokarina Beach,” he said.
“With the average sales price for a home in Birtinya being $985,000 this property was seen as entry level into a booming suburb.”
Ray White Kawana Waters & Mooloolaba will host onsite and online auction events on December 1 and December 3.
Auction results
42 Feathertop Circuit, Caloundra West
- Under negotiation.
- 4 Bed, 2 Bath, 2 Car.
- Define Property, Ross Cattle.
602/101-105 Mooloolaba Esplanade
- Sold under the hammer for $2.1m .
- 2 Bed, 2 Bath, 1 Car.
- Define Property, Grant Whisker.
7 Bonaire Court, Kawana Island
- Sold prior to auction
- 4 Bed, 2 Bath, 2 Car
- Define Property, Ross Cattle
11 Jessica Boulevard, Minyama
- Passed in, post auction negotiations.
- 3 Bed, 2 bath, 2 Car.
- Home Sunshine Coast, Kate Jewry & Jay Sherwell.
14 Le Claire Place, Buderim
- Passed in, post auction negotiations.
- 5 Bed, 3 Bath, 3 Car, Pool.
- The Agency, Dan Smith.
17 Jessica Boulevard, Minyama
- Passed in, contact agents.
- 3 Bed, 2 Bath, 2 Car, Pool.
- Elite Lifestyle Properties, Jordan Lund & Mark Unkel.
72A Tantula Road west, Alexandra Headland
- Sold under the hammer for an undisclosed price.
- 4 Bed, 2 Bath, 5 Car.
- Town Group, Craig Morrison.
4/12 William Street, Buderim
- Passed in, listed at $589,000, contact agent.
- 2 Bed, 1 Bath, 1 Car.
- Century 21, Grant Smith & Darren Martens.
7/101 Birtinya Boulevard, Birtinya
- Sold prior to auction.
- 2 Bed, 1 Bath, 1 Car, Pool.
- Ray White, Jacob De Bruyn.
17 Coachwood Street, Buderim
- Under contract, post auction.
- 7 Bed, 4 Bath, 3 Car.
- Ray White, Jake Loiero.
42 Isambert Road, Glenview
- Passed in, contact agent.
- 5 Bed, 3 Bath, 4 Car.
- Ray White, Matt O’Grady/Alisha Galea .
1/4 Kalinda Avenue, Mooloolaba
- Sold prior to auction for $725,000.
- 3 Bed, 2 Bath, 2 Car.
- Ray White, Fiona Rawson.
40 Bendixen Lane, Woombye
- Passed in at $1.8m, contact agent.
- 10 Bed, 4 Bath, 6 Car.
- Ray White, Reuben Park.
In-rooms auction, Sunshine Coast Function Centre, Caloundra RSL.
Unit 61/30 Michinton Street, Caloundra
- Sold prior to auction for $915,000.
- 3 Bed, 2 Car, 1 Car.
- Ray White, Natascha Drexel-Munro/Carola Drexel.
10/5 Canberra Terrace, Kings Beach
- Sold prior to auction for $1.150m.
- 3 Bed, 2 Bath, 1 Car.
- Ray White, Natascha Drexel-Munro/Carola Drexel.
7 Kestrel Street, Aroona
- Passed in, contact agent.
- 3 Bed, 1 Bed, 5 1 Car.
- Ray White, Tom Garland.
701 Nicklin Way, Currimundi
- Sold under the hammer for $1.925m.
- Commercial Property, Ray White, Len Greedy.
55 Edmund Street, Shelly Beach
- Passed in, listed at offers over $899,000.
- 4 Bed, 1 Bath, 2 Car.
- Ray White, Carol Car.
2/63 Michinton Street, Caloundra
- Sold under the hammer for $900,000.
- 2 Bed, 2 Bath, 1 Car.
- Ray White, Ray & Linda Daniels.
6 Queen Street, Kings Beach
- Passed in, contact agent.
- 6 Bed, 4 Bath, 2 Car.
- Ray White, Tom Garland.
3/38 McIlwraith Street, Moffat Beach
- Passed in, now listed at offers over $670,000.
- 2 Bed, 1 Bath, 1 Car.
- Ray White, Andrew Garland.
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