{"id":36587,"date":"2022-01-24T10:19:16","date_gmt":"2022-01-23T21:19:16","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=36587"},"modified":"2022-01-24T10:19:16","modified_gmt":"2022-01-23T21:19:16","slug":"ray-white-surfers-auction-achieves-80-per-cent-success-rate","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/ray-white-surfers-auction-achieves-80-per-cent-success-rate\/","title":{"rendered":"Ray White Surfers auction achieves 80 per cent success rate"},"content":{"rendered":"

PHOTO: Ray White Surfers Paradise Group principal and auctioneer Andrew Bell<\/strong><\/p>\n

Ray White Surfers Paradise Group<\/a> kicked off the\u00a02022 auction season\u00a0in style with 80 per cent of the 77 properties selling under the hammer at the 30th annual \u2018The Event\u2019 on Sunday.<\/h3>\n
\"Gold<\/a><\/div>\n
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Bidders spend $40 million at Australia\u2019s biggest auction event<\/a><\/h2>\n<\/header>\n<\/div>\n

Held at the RACV Royal Pines Resort on the Gold Coast, The Event runs over several days and has long been seen as the starting gun for the auction year. Sunday\u2019s start to 2022 did not disappoint.<\/p>\n

\u201cThis is a day when so many dreams come true for our sellers and buyers,\u201d Ray White Surfers Paradise Group principal and auctioneer Andrew Bell said.<\/p>\n

\u201cThe most satisfying thing for me is that most properties are selling well over their reserves,\u201d Mr Bell said.The preliminary auction clearance rate at The Event on Sunday was 80 per cent of the residential and commercial properties.<\/p>\n

\u201cWe\u2019ve seen some strong bidding from the floor and online but it\u2019s mostly locals in the room bidding.<\/p>\n

\"Gold<\/a><\/div>\n
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The Gold Coast suburbs where property is tipped to boom next<\/a><\/h2>\n<\/header>\n<\/div>\n

\u201cThere is so much energy in the room. We had an array of properties from all over the Gold Coast in all sorts of price brackets, from beachfront to the mountain ranges.\u201d<\/p>\n

Preliminary sales on the day, including 24 properties which sold prior to auction, yielded more than $65 million in value as the momentum from 2021 continued in full force.<\/p>\n

Further prestige properties will be auctioned later this week, while some auctions will take place later this month on site, and others will go to auction in February.<\/p>\n

The top sale of the day so far went to Ray White Surfers Paradise Group agents Jackson Rameau and Michael Willems with the horse training and rehabilitation facility Fenwick Farm, at\u00a0325 Mundoolun Connect Road, Boylan\u00a0selling for $5.95 million to a local buyer with 10 registered bidders.<\/p>\n

The top residential sale so far went to Jackson Paradise, with\u00a040-42 Karina Crescent, Broadbeach Waters, selling for $3.67 million.<\/p>\n

Ray White Managing Director\u00a0Dan White\u00a0said if anyone was in any doubt as to whether or not the market would continue this year then \u201cThe Event has well and truly stamped its authority\u201d.<\/p>\n

\u201cOnce again the Surfers Paradise Group has led us all into the new year with a huge amount of confidence with a high degree of energy and excitement,\u201d he said.<\/p>\n

\"Tammy<\/a><\/div>\n
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Tammy Hembrow\u2019s $2.88million Gold Coast home<\/a><\/h2>\n<\/header>\n<\/div>\n

\u201cI have never seen The Event auction room so full with such fast and furious bidding across all residential and commercial properties.\u201d<\/p>\n

Ray White Queensland CEO Jason Andrew, who successfully called auctions on the day, said The Event was always a landmark date on the group\u2019s calendar.<\/p>\n

\u201cThe Event is the official starting gun of the\u00a0Queensland\u00a0calendar,\u201d Mr Andrew said.<\/p>\n

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