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PHOTO:\u00a0A number of properties at the Sunshine Coast auction event have already sold, thanks to a strong local market. Photo: Supplied<\/strong><\/p>\n Competition is expected to be hot at a special multi-property auction event on the Sunshine Coast this weekend.<\/p>\n Ray White\u2019s\u00a0fifth annual auction event<\/a>\u00a0will see dozens of properties go under the hammer in-room on Sunday.<\/p>\n However, demand for the coast\u2019s enviable lifestyle has already seen some of the listings snapped up by keen buyers.<\/p>\n In fact, the first weekend of open homes for the event resulted in 20 to 25 groups through some of the properties.<\/p>\n Since the first multi-office auction event on the Sunshine Coast in 2015,\u00a0$85 million in sales have been achieved from the auction of 195 properties with an average overall clearance rate of 95 per cent.<\/p>\n https:\/\/www.instagram.com\/p\/B2iTuQNl8Ki\/?utm_source=ig_web_copy_link<\/p>\n READ MORE VIA DOMAIN<\/p>\n