Kollosche continues to rewrite the record books with the sale of a riverfront mansion in Surfers Paradise achieving the highest price on the Gold Coast for 2025.

A six-week auction campaign extracted the $18,500,000 premium price for the Bayden Goddard designed residence at 8 Southern Cross Drive, Cronin Island.

Selling principal Michael Kollosche and sales agent Jamie Harrison carried out a strategic marketing campaign which drew a staggering 178 enquiries, three pre-auction offers and13 registered bidders.

A big crowd gathered to watch the auction action with 26 competitive bids pushing the price swiftly higher before the hammer came down on the record-setting offer.

The result superseded the city’s highest sale of the year, which had been set only days earlier, also by Kollosche, when a beachfront residence at 17 Hedges Avenue in Mermaid Beach changed hands.

The deals are two in a string of sales made by Kollosche that have set the pace for the city’s luxury real estate market in 2025.

In January, an LA-inspired mansion on a double block at 297-299 Monaco Street in Broadbeach Waters changed hands for a tidy $15,510,000. The result set a record in the popular riverside suburb, exceeding the previous highest sale price by more than $300,000.

Michael Kollosche, Ryan Ward, Sam Guo and Julia Kuo closed the deal, which came after the property had been on the market with another agency for nine months.

Gold Coast house prices grew by 9 per cent last year, outpacing the national average of 8.5 per cent. With an average house price of $1,170,000, the region now boasts the second-highest average house price in Australia, trailing only Sydney’s $1,700,000.

Local rightsizers and interstate investors are driving demand in the beachside apartment market, with several high-end sales across the city’s most sought-after buildings.

Michael Kollosche and Harry Kakavas secured a $7,950,000 buyer for a full floor apartment inside the newly completed Dune Main Beach.

Down the road in Broadbeach, Michael teamed up with Ryan Ward on the $3,250,000 sale of a prized penthouse in Bela by Mosaic. Meanwhile, Duncan Longmore signed a $3,400,000 deal on a beachfront apartment inside the Silverpoint tower in Main Beach.

The deals didn’t stop on Australia Day when Paul Harrison and Michael Kollosche secured a $4,150,000 buyer for the three-level Maili penthouse in Coolangatta.

It took Kollosche agents Danny and Rebecca Stanley just 18 days to secure an $8,500,000 buyer for a new full-floor apartment inside The Monaco in Main Beach, just prior to Christmas.

The city’s residential housing sector is widely tipped to record modest to strong growth this year, particularly at the top end of the market, fuelled by continued migration, tight stock levels and a robust local economy.

If you are looking to relocate, upgrade or invest in 2025, reach out to the Kollosche team to explore premium real estate opportunities across the Gold Coast.