With an average of 300 days of sunshine a year it is easy to see why the allure of the Gold Coast is so strong to our interstate neighbours.

For those seeking a lifestyle change, the Gold Coast is Queensland’s most popular destination. According to The Regional Movers Index 2021, 1 in 10 city dwellers across Australia chose to move to the Coast over other regional areas.

The Gold Coast’s population is growing rapidly along with the remainder of the sunshine state. Figures from the Australian Bureau of Statistics for the year ending 31 March 2021 show that interstate migration is at an all-time high. Queensland recorded a 43,933 net increase in population with around 70 percent of this growth attributed to those relocating from other states, while Victoria showed an extreme decline.

This growth has a predicted surge once more when international borders reopen.

With population numbers expected to jump once international travel resumes, there will be a dramatic increase in property demand throughout the state and in particular, the Gold Coast, making this the perfect time to buy, sell, or invest.

Over the week we saw some outstanding auctions go underway with the Kollosche team.

On Saturday 2/6 Marine Parade, Miami saw fantastic results across the campaign with 75 Open Home Attendees and 102 enquiries. After fierce competition from eight registered bidders the beachside villa sold under the hammer for $4,510,000 in a sale by Troy Dowker and Eoghan Murphy

That same day, Sam Guo and Julia Kuo sold 4 Clear Water Bay Avenue, Clear Island Waters for $2,480,000. The successful campaign saw 100 enquiries and 11 registered bidders on auction day.

On Sunday 22 Eagle Avenue, Burleigh Waters attracted a massive turnout of spectators as the property broke a dry block record for Burleigh Waters. This stunning architecturally designed property went under the hammer for $4,025,000 in a sale by Michael Kollosche and Eoghan Murphy.

A luxury beachside home in Currumbin also went under the hammer on Sunday with two registered bidders hoping to secure the spot at 734 Pacific Parade, Currumbin an interstate buyer taking the property for $5,050,000 in a sale by Michael Kollosche and Troy Dowker.

Here is a list of our upcoming auctions this week:

· 151 Sir Bruce Small Boulevard, Benowa Waters – Saturday 2 October at 5.30pm

· 25 Cessnock Close, Mermaid Waters – Sunday 3 October at 2pm

· 1&2/115 Bundall Road, Surfers Paradise – Wednesday 6 October at 6pm

· 8/30 Ikkina Road, Burleigh Heads – Wednesday 6 October at 6pm

· 23 Messines Crescent, Miami – Wednesday 6 October at 5pm

If you are considering selling or are in the market to buy, our team is here to assist you. Please reach out this week to start a conversation focused on your needs.