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Gold Coast property market full steam ahead over festive season

Last Updated: August 9, 2023
Gold Coast property market full steam ahead over festive season

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AS the rest of the country’s real estate market slows down over Christmas, it’s full steam ahead on the Gold Coast.

Typically the busiest time of the year, agents take advantage of holiday-makers and tourists enjoying the Gold Coast’s prime weather conditions.

There’s always an interest in our property market and what better time to browse and potentially buy than the silly season.

131-135 Monaco Street, Broadbeach Waters is going to auction through Amir Prestige on January 24, 2022
131-135 Monaco Street, Broadbeach Waters is going to auction through Amir Prestige on January 24, 2022.
Gold Coast property market
Could you imagine living here? 131-135 Monaco Street, Broadbeach Waters is going to auction through Amir Prestige.

Amir Mian, principal of Amir Prestige, said his agency was gearing up for a busy holiday season with a number of new listings set to go to auction at the agency’s Grand Summer Auction Event on January 24.

“We expect a busy holiday season with plenty of buyers out,” Mr Mian said.

“It’s a festive time and people are generally happier and enjoying their holiday.”

He said it was the perfect time to sell the Gold Coast lifestyle to interstate and international buyers.

“The current market is all about the end-user,” he said.

“We are selling a lifestyle, a dream.

“The end-user market is one of the easiest markets to sell to because they fall in love with the property.

“There’s something on offer at our event for everyone.”

Andrew Bell, chairman of the Ray White Surfers Paradise Group, is urging property owners not to miss the opportunities in the current market

“This period of the year provides the most opportunity,” Mr Bell said.

“We have the biggest annual influx of tourists arriving to the Gold Coast.

“The hotels are full.

“And a lot of these tourists are looking at the property market, for holiday homes, investment properties or to move to the Gold Coast.

“This is the ideal time to list a property for sale.”

He said while stock was limited, genuine buyers could be reached with the right approach.

“Quite simply, most sellers should be looking to sell their home at auction,” Mr Bell said. “Even in this market, where interest rates will undoubtedly continue to rise causing stress for some, we are achieving amazing auction results.”

Mr Bell said selling at auction also sent buyers a clear message that the seller was serious.

wasting buyer’s time.

Ray White Surfers Paradise has their annual auction bonanza, The Event, scheduled for January 22.

Gold Coast
The GOld Coast continues to be hot property according to buyers’ agent Sarah Treen, of Universal Buyers Agents.

Buyers’ agent Sarah Treen, of Universal Buyers Agents, said the Gold Coast property market was “hot” and always would be.

“The relaxed lifestyle and the affordability of the cost of living compared to other cities in Australia says it all,” she said.

“Even with the interest rates rising, this certainly has not stopped the savvy buyer or investor on the Gold Coast.

“While it has made some buyers scared of the uncertainty with rates rising, it just means people are organically waiting to purchase property until the new year.

“That will just lead to more competition.”

Article source: www.realestate.com.au

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