Kollosche Sets New Gold Coast Price Benchmarks in 2023
January 3 2024
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Kollosche successfully set a new house price record across six Gold Coast suburbs in 2023.
In a market that has continued to reposition itself in the face of changing economic conditions, Kollosche continues to produce above market results for its clients.
The sales shone a light on some of the Gold Coast’s lesser-known locales and have helped to lay the foundation for future growth within these and neighbouring suburbs.
TUGUN
Price: $9,100,000
Address: 670 Pacific Parade
Sale date: 24 March
Agents: Troy Dowker
This prized beachfront lot on the southern Gold Coast had been held by the same family for more than 60 years when it sold under the hammer for a suburb-record price. The 1988-built timber home, inspired by a Swiss chalet, attracted strong interest through its campaign, with 11 bidders registered on auction day.
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BENOWA
Price: $5,500,000
Address: 64 Cabana Boulevard
Sale date: 3 May
Agents: Michael Kollosche
Designed by award-winning Reece Keil, this statement home was a unique offering requiring the right buyers. An extensive and targeted marketing campaign uncovered an interstate family who were willing to pay a premium for the exceptional home. The price set a new house price record for Benowa. Collaboration with Daniel Sharp.
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PARKWOOD
Price: $4,000,000
Address: 32 Uplands Drive
Sale date: 8 June
Agents: Ryan Ward and Darryl Bright
The undiscovered suburb of Parkwood, located between Helensvale and Southport, gained national attention when this stately home became the most-viewed property in the country on a leading listings portal. Despite huge local interest, the property was sold ahead of its auction to a Sydney buyer, with the price setting a new benchmark for the emerging suburb.
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SOUTHPORT
Price: $24,800,000
Address: 5 McMillan Court
Sale date: 22 September
Agents: Michael Kollosche, Sam Guo and Julia Kuo
This landmark waterfront property in an elite enclave of Southport to not only set a new house price record in the suburb, but also a Queensland auction record. The $24,800,000 sale was the highest to ever be achieved under auction conditions. Sold in collaboration with Rebecca Moffrey.
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MERMAID WATERS
Price: $7,300,000
Address: 43 Markeri Street
Sale date: 17 November
Agents: Taylor Kleinberg, Jamie Harrison and Troy Dowker
Known to locals as the ‘White House’, this property was destined to achieve a good result after becoming one of the most viewed homes in the country in its first week of marketing. It was an interstate buyer who secured the luxury home, which focuses on wellness and holds a prime waterfront position in the popular central suburb. The price achieved went beyond expectation, selling for more than $2,000,000 above the highest sale previously achieved in the suburb.
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TALLEBUDGERA VALLEY
Price: $11,200,000
Address: 53 Gibsonville Street
Sale date: 8 December
Agents: Troy Dowker
This luxury estate in the Gold Coast hinterland failed to find a buyer when listed through another agent. Under the auspices of Troy and his team, a four-week auction campaign gleaned national media coverage, generated 153 enquiries, and drew three registered bidders to its onsite auction, where it sold for a suburb record. Setting an extremely high bar, it surpassed previous sales in the suburb by almost $6,000,000.
If you are thinking of listing your property in 2024, reach out to a Kollosche agent and strategic advisor for a conversation around how to best position your home.