{"id":32585,"date":"2021-05-31T09:27:12","date_gmt":"2021-05-30T21:27:12","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=32585"},"modified":"2021-05-31T09:27:12","modified_gmt":"2021-05-30T21:27:12","slug":"picture-proves-property-market-is-insane","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/picture-proves-property-market-is-insane\/","title":{"rendered":"Picture proves property market is insane"},"content":{"rendered":"

PHOTO: The four bed house is situated close to Burleigh Beach. Source: Supplied<\/em><\/span><\/strong><\/p>\n

The Gold Coast<\/a>\u2019s \u201cbiggest on site auction ever\u201d took place yesterday, leaving real estate agents in disbelief over the shock turn out.<\/p>\n

Real Estate Agents were left shocked yesterday after hundreds of people flocked to a house auction on the Gold Coast.<\/p>\n

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The four bed property on Deodar Drive in Burleigh Heads sold to the highest bidder for $3.75 million.<\/p>\n

Agent Conal Martin of Kingfisher Realty said it was the \u201cbiggest on site auction ever on the Gold Coast.\u201d<\/p>\n

Official numbers are yet to be confirmed, but it\u2019s thought over 600 people were in the room with many others forced to stand on the street outside the property.<\/p>\n

Martin told news.com.au that he and other agents in the area were surprised by the turn out, noting, \u201cno one could believe it\u201d. He added, \u201cThe gates to the property were shut at 10am, people turned up afterwards but they were too late. They had to stand outside and watch the live stream on their phones.\u201d<\/p>\n

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