More Gold Coast homeowners deciding to auction their property

first_imgMore from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North8 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoThis three-bedroom apartment at Sun City Resort sold for $925,000.Among the sales was a three-bedroom apartment in Sun City Resort which sold for $925,000.The 204sq m apartment is on the 31st floor and offers 250 degree views of the ocean, skyline and river.A block of land at 63 Compass Drive, Biggera Waters also sold for $850,000. A buyer paid $850,000 for this waterfront block of land at Biggera Waters.On the entry-level front, a two-bedroom unit at 13/103 Frank St, Labrador sold for $273,000.Mr Atherton said auction numbers were up by 30 per cent on the Gold Coast compared to the same time last year.“People are capitalising on stronger competition and I think it’s an evolving thing,” he said.“People are more interested in not just selling to the first buyer that comes along but maximising the value.” This unit at 3105/3400 Surfers Paradise Blvd, Surfers Paradise sold for $925,000.MORE Gold Coasters are jumping on board the auction trend as the market heats up.Harcourts Coastal director Dane Atherton reported six sales at the group’s in-room auctions yesterday.He said eight properties were offered with bidders registered on every property.“There was a good mixture of buyers with good strong competition,” he said.“Of the six properties that sold three were to interstate buyers.”center_img This two-bedroom unit at 13/103 Frank St, Labrador sold for $273,000.last_img