Top 5 Hottest Summer Auctions to Watch
January 29 2021
The summer auction season is now in full swing on the Gold Coast where phenomenal demand for real estate is driving exceptional results under the hammer.
For properties in the sub-$5,000,000 bracket, auction campaigns are proving an effective strategy for those looking to fetch maximum market price in the shortest possible time.
Attendance levels at auction remain high, with locals, interstate and expat buyers registering to bid in person or over the phone – a minimum of six active bidders is the new normal.
Kollosche’s auction clearance rates have been tracking above 85% since last year – by way of comparison, a healthy Queensland auction clearance rate is around 40%.
And not all properties are making it to auction day. Pre-auction sales are up by as much as 30 per cent as determined buyers step up to keep their chosen property out of the arena.
Kollosche has an enticing line up of prestige property set to go to auction across the Gold Coast in coming weeks.
Top 5 summer auctions to watch
4 Petrel Avenue, Mermaid Beach
Auction onsite Sunday, January 31 at 12pm
Anticipation is building ahead of this Sunday’s auction of this picture-perfect beach house complete with a white picket fence, baby blue and white facade and a blooming frangipani tree.
Park the car, jump on a bike or set off on foot – the beach, park and Nobby’s Beach dining and cafes are all within walking distance from this delightful beachside abode.
Auction on-site Sunday 14 February at 11am
This modern coastal residence leaves little for a new owner to do but unpack and lap up life inside the Gold Coast’s hottest beachside postcode. Tucked away in a peaceful pocket off Nineteenth Avenue, a five-minute drive will land you at the beach, Tallebudgera Creek or with coffee in hand strolling the popular Palm Beach cafe and dining strip.
Auction on-site 12 February 2021 at 4pm
Situated on 405m2 of prime Miami beachside land, this bespoke coastal family residence offers elegant design and the opportunity to generate a lucrative year-round rental return via Airbnb. The recently renovated home sprawls 2 levels with 5 oversized bedrooms, 3 bathrooms and plenty of storage throughout.
94/22 Montgomery Avenue, Main Beach
Auction Sunday 21 February 2021 at 10am
Offered to the market for the first time in 20 years, this is a truly rare opportunity to secure a premium Main Beach penthouse with superb 360-degree views with all the perks of Tedder Avenue, the beach and Marina Mirage right on your doorstep.
99 George Street West, Burleigh Heads
Upcoming auction
Rarely does the opportunity arise to acquire a 1016m2 site on two titles in a tightly-held pocket of booming Burleigh Heads. On the market for the first time in 31 years, this prime beachside holding is one of the largest and highest point on the hill with a breathtaking northerly outlook over Burleigh Heads, the Pacific Ocean and right up the Gold Coast coastline.
Visit kollosche.com.au for a full list of upcoming auctions or get in touch if you would like to understand if an auction campaign is right for your property.