{"id":42074,"date":"2023-01-24T10:13:48","date_gmt":"2023-01-23T21:13:48","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=42074"},"modified":"2023-01-24T10:15:23","modified_gmt":"2023-01-23T21:15:23","slug":"auction-year-opens-at-gold-coast-event-signals-bumpy-market-ahead","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/auction-year-opens-at-gold-coast-event-signals-bumpy-market-ahead\/","title":{"rendered":"Auction year opens at Gold Coast event, signals &#8216;bumpy&#8217; market ahead | WATCH"},"content":{"rendered":"<p><strong>PHOTO: <em>The Event 2023. RAY WHITE<\/em><\/strong><\/p>\n<div class=\"_1YPgH\">\n<div class=\"tl7wu\">\n<p>The property market\u2019s continued correction was on display in real time at Ray White\u2019s annual The Event auction extravaganza on the <a href=\"https:\/\/propertynoise.co.nz\/au\/?s=Gold+Coast&amp;submit=Search\">Gold Coast<\/a>, with buyers demonstrating a high degree of caution.<\/p>\n<p><iframe title=\"Record-breaking property auction on Gold Coast | 9 News Australia\" width=\"1380\" height=\"776\" data-src=\"https:\/\/www.youtube.com\/embed\/FLzbt45ZvFg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"0\"><\/iframe><\/p>\n<p>Despite a packed ballroom at the Royal Pines Resort, results obtained part-way through showed that the clearance rate was tracking around 60 per cent, significantly down on last year\u2019s 82 per cent clearance rate across 101 properties.<\/p>\n<figure class=\"gzJMC undefined NvmVw\" data-pb-type=\"im\"><picture><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.138%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/851ac112f9aa7bfae13d06a05b560ad760d75eeb, https:\/\/static.ffx.io\/images\/$zoom_0.138%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/851ac112f9aa7bfae13d06a05b560ad760d75eeb 2x\" media=\"(min-width: 1180px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:620,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.138%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/851ac112f9aa7bfae13d06a05b560ad760d75eeb&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.138%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/851ac112f9aa7bfae13d06a05b560ad760d75eeb 2x&quot;]}\" \/><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.138%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/851ac112f9aa7bfae13d06a05b560ad760d75eeb, https:\/\/static.ffx.io\/images\/$zoom_0.138%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/851ac112f9aa7bfae13d06a05b560ad760d75eeb 2x\" media=\"(min-width: 1020px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:620,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.138%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/851ac112f9aa7bfae13d06a05b560ad760d75eeb&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.138%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/851ac112f9aa7bfae13d06a05b560ad760d75eeb 2x&quot;]}\" \/><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.138%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_696%2Cq_88%2Cf_auto\/851ac112f9aa7bfae13d06a05b560ad760d75eeb, https:\/\/static.ffx.io\/images\/$zoom_0.138%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1392%2Cq_52%2Cf_auto\/851ac112f9aa7bfae13d06a05b560ad760d75eeb 2x\" media=\"(min-width: 768px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:696,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.138%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_696%2Cq_88%2Cf_auto\/851ac112f9aa7bfae13d06a05b560ad760d75eeb&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.138%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1392%2Cq_52%2Cf_auto\/851ac112f9aa7bfae13d06a05b560ad760d75eeb 2x&quot;]}\" \/><img fetchpriority=\"high\" decoding=\"async\" class=\"_1srKI\" src=\"https:\/\/static.ffx.io\/images\/$zoom_0.138%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/851ac112f9aa7bfae13d06a05b560ad760d75eeb\" sizes=\"(max-width: 767px) 382px\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.138%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_382%2Cq_88%2Cf_auto\/851ac112f9aa7bfae13d06a05b560ad760d75eeb, https:\/\/static.ffx.io\/images\/$zoom_0.138%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_764%2Cq_52%2Cf_auto\/851ac112f9aa7bfae13d06a05b560ad760d75eeb 2x\" alt=\"\" width=\"382\" height=\"255\" data-testid=\"Image-image\" data-id=\"851ac112f9aa7bfae13d06a05b560ad760d75eeb\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:382,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.138%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_382%2Cq_88%2Cf_auto\/851ac112f9aa7bfae13d06a05b560ad760d75eeb&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.138%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_764%2Cq_52%2Cf_auto\/851ac112f9aa7bfae13d06a05b560ad760d75eeb 2x&quot;]}\" \/><\/picture><figcaption class=\"LuHig\"><em><strong>The Event 2023 held by Ray White Surfers Paradise signals the start of the auction year.\u00a0\u00a0<cite class=\"_23SOU\">Celeste Humphrey<\/cite><\/strong><\/em><\/figcaption><\/figure>\n<p>During the auction of 94 properties, which was still under way late on Sunday, chief executive of Ray White Surfers Paradise, Andrew Bell, described this year\u2019s market as both \u201cbumpy\u201d and a \u201cmixed bag\u201d.<\/p>\n<p>\u201cLast year people were throwing money, but it\u2019s changed a lot this year. Buying interest is there, but now there\u2019s a question mark of what\u2019s happening,\u201d Mr Bell said.<\/p>\n<p>Touted as the Magic Millions property calendar equivalent, The Event signals the start of the 2023 auction year when three rotating auctioneers sell off a collection of properties from one-bedroom units to commercial development sites and prestige waterfronts.<\/p>\n<\/div>\n<\/div>\n<div class=\"_2J452\">\n<div class=\"_33oUB\">\n<div id=\"endOfArticle\" class=\"tl7wu\">\n<p>Mr Bell said about half of vendors had come to terms with the cooling market, while the other half were still clinging to price expectations set early last year, when \u201cno one was worried about interest rates\u201d.<\/p>\n<figure class=\"gzJMC undefined NvmVw\" data-pb-type=\"im\"><picture><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.142%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/8866546a570a88763e02da32b9d0bba3d04d451c, https:\/\/static.ffx.io\/images\/$zoom_0.142%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/8866546a570a88763e02da32b9d0bba3d04d451c 2x\" media=\"(min-width: 1180px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:620,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.142%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/8866546a570a88763e02da32b9d0bba3d04d451c&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.142%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/8866546a570a88763e02da32b9d0bba3d04d451c 2x&quot;]}\" \/><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.142%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/8866546a570a88763e02da32b9d0bba3d04d451c, https:\/\/static.ffx.io\/images\/$zoom_0.142%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/8866546a570a88763e02da32b9d0bba3d04d451c 2x\" media=\"(min-width: 1020px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:620,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.142%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/8866546a570a88763e02da32b9d0bba3d04d451c&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.142%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/8866546a570a88763e02da32b9d0bba3d04d451c 2x&quot;]}\" \/><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.142%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_696%2Cq_88%2Cf_auto\/8866546a570a88763e02da32b9d0bba3d04d451c, https:\/\/static.ffx.io\/images\/$zoom_0.142%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1392%2Cq_52%2Cf_auto\/8866546a570a88763e02da32b9d0bba3d04d451c 2x\" media=\"(min-width: 768px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:696,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.142%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_696%2Cq_88%2Cf_auto\/8866546a570a88763e02da32b9d0bba3d04d451c&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.142%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1392%2Cq_52%2Cf_auto\/8866546a570a88763e02da32b9d0bba3d04d451c 2x&quot;]}\" \/><img decoding=\"async\" class=\"_1srKI\" src=\"https:\/\/static.ffx.io\/images\/$zoom_0.142%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/8866546a570a88763e02da32b9d0bba3d04d451c\" sizes=\"(max-width: 767px) 382px\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.142%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_382%2Cq_88%2Cf_auto\/8866546a570a88763e02da32b9d0bba3d04d451c, https:\/\/static.ffx.io\/images\/$zoom_0.142%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_764%2Cq_52%2Cf_auto\/8866546a570a88763e02da32b9d0bba3d04d451c 2x\" alt=\"\" width=\"382\" height=\"255\" data-testid=\"Image-image\" data-id=\"8866546a570a88763e02da32b9d0bba3d04d451c\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:382,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.142%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_382%2Cq_88%2Cf_auto\/8866546a570a88763e02da32b9d0bba3d04d451c&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.142%2C$multiply_4%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_764%2Cq_52%2Cf_auto\/8866546a570a88763e02da32b9d0bba3d04d451c 2x&quot;]}\" \/><\/picture><figcaption class=\"LuHig\"><em><strong>Ray White\u2019s Andrew Bell auctions off a list of 94 properties at Australia\u2019s biggest auction event.\u00a0\u00a0<cite class=\"_23SOU\">Celeste Humphrey<\/cite><\/strong><\/em><\/figcaption><\/figure>\n<p>Attending The Event was Gold Coast local Simon Thomas, who watched his four-bedroom waterfront home in Coomera Waters go under the hammer for bang on the $1.6 million reserve.<\/p>\n<p>Although happy with the result, the upsizing Mr Thomas conceded his timing was a little out. \u201cLook if I\u2019d sold 18 months ago, the house could have sold for another 10 per cent,\u201d he said.<\/p>\n<figure class=\"gzJMC undefined NvmVw\" data-pb-type=\"im\"><picture><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/d3a46ef83de5cd5598ed56c8e5447acf125c1b02, https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/d3a46ef83de5cd5598ed56c8e5447acf125c1b02 2x\" media=\"(min-width: 1180px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:620,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/d3a46ef83de5cd5598ed56c8e5447acf125c1b02&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/d3a46ef83de5cd5598ed56c8e5447acf125c1b02 2x&quot;]}\" \/><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/d3a46ef83de5cd5598ed56c8e5447acf125c1b02, https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/d3a46ef83de5cd5598ed56c8e5447acf125c1b02 2x\" media=\"(min-width: 1020px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:620,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/d3a46ef83de5cd5598ed56c8e5447acf125c1b02&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/d3a46ef83de5cd5598ed56c8e5447acf125c1b02 2x&quot;]}\" \/><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0\/t_crop_custom\/c_scale%2Cw_696%2Cq_88%2Cf_auto\/d3a46ef83de5cd5598ed56c8e5447acf125c1b02, https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0\/t_crop_custom\/c_scale%2Cw_1392%2Cq_52%2Cf_auto\/d3a46ef83de5cd5598ed56c8e5447acf125c1b02 2x\" media=\"(min-width: 768px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:696,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0\/t_crop_custom\/c_scale%2Cw_696%2Cq_88%2Cf_auto\/d3a46ef83de5cd5598ed56c8e5447acf125c1b02&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0\/t_crop_custom\/c_scale%2Cw_1392%2Cq_52%2Cf_auto\/d3a46ef83de5cd5598ed56c8e5447acf125c1b02 2x&quot;]}\" \/><img decoding=\"async\" class=\"_1srKI\" src=\"https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/d3a46ef83de5cd5598ed56c8e5447acf125c1b02\" sizes=\"(max-width: 767px) 382px\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0\/t_crop_custom\/c_scale%2Cw_382%2Cq_88%2Cf_auto\/d3a46ef83de5cd5598ed56c8e5447acf125c1b02, https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0\/t_crop_custom\/c_scale%2Cw_764%2Cq_52%2Cf_auto\/d3a46ef83de5cd5598ed56c8e5447acf125c1b02 2x\" alt=\"\" width=\"382\" height=\"255\" data-testid=\"Image-image\" data-id=\"d3a46ef83de5cd5598ed56c8e5447acf125c1b02\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:382,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0\/t_crop_custom\/c_scale%2Cw_382%2Cq_88%2Cf_auto\/d3a46ef83de5cd5598ed56c8e5447acf125c1b02&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_70%2C$y_0\/t_crop_custom\/c_scale%2Cw_764%2Cq_52%2Cf_auto\/d3a46ef83de5cd5598ed56c8e5447acf125c1b02 2x&quot;]}\" \/><\/picture><figcaption class=\"LuHig\"><em><strong>This Coomera property sold for its reserve price of $1.6 million at Sunday\u2019s Ray White auction event.\u00a0\u00a0<\/strong><\/em><cite class=\"_23SOU\"><\/cite><\/figcaption><\/figure>\n<p>Selling agent Ray White\u2019s Thomas Fliniks said the auction sale process was key to managing shifting buyer and seller expectations. \u201cBuyers are nervous about changes, and are slightly uneducated on the market, so auction is a great way to find out where the market is on reserve,\u201d he said.<\/p>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/propertynoise.co.nz\/au\/massive-blaze-destroys-waterfront-property-on-the-gold-coast-watch\/\"><img loading=\"lazy\" decoding=\"async\" class=\"attachment-hoot-medium-thumb entry-content-featured-img entry-grid-featured-img wp-post-image ls-is-cached lazyloaded\" src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/01\/Inferno-460x270.jpg\" alt=\"Inferno\" width=\"460\" height=\"270\" data-src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/01\/Inferno-460x270.jpg\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/propertynoise.co.nz\/au\/massive-blaze-destroys-waterfront-property-on-the-gold-coast-watch\/\" rel=\"bookmark\">Massive blaze destroys waterfront property on the Gold Coast | WATCH<\/a><\/h2>\n<\/header>\n<\/div>\n<p>In a telling sign, last year\u2019s dedicated prestige sales event was not on the schedule, with the few available top-tier properties absorbed into the general auction due to limited supply and softening luxury prices.<\/p>\n<figure class=\"gzJMC undefined NvmVw\" data-pb-type=\"im\"><picture><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/e1ddea5a7e7f281faf8134c2344bdfa2db6a262b, https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/e1ddea5a7e7f281faf8134c2344bdfa2db6a262b 2x\" media=\"(min-width: 1180px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:620,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/e1ddea5a7e7f281faf8134c2344bdfa2db6a262b&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/e1ddea5a7e7f281faf8134c2344bdfa2db6a262b 2x&quot;]}\" \/><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/e1ddea5a7e7f281faf8134c2344bdfa2db6a262b, https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/e1ddea5a7e7f281faf8134c2344bdfa2db6a262b 2x\" media=\"(min-width: 1020px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:620,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/e1ddea5a7e7f281faf8134c2344bdfa2db6a262b&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/e1ddea5a7e7f281faf8134c2344bdfa2db6a262b 2x&quot;]}\" \/><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_696%2Cq_88%2Cf_auto\/e1ddea5a7e7f281faf8134c2344bdfa2db6a262b, https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1392%2Cq_52%2Cf_auto\/e1ddea5a7e7f281faf8134c2344bdfa2db6a262b 2x\" media=\"(min-width: 768px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:696,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_696%2Cq_88%2Cf_auto\/e1ddea5a7e7f281faf8134c2344bdfa2db6a262b&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1392%2Cq_52%2Cf_auto\/e1ddea5a7e7f281faf8134c2344bdfa2db6a262b 2x&quot;]}\" \/><img loading=\"lazy\" decoding=\"async\" class=\"_1srKI\" src=\"https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/e1ddea5a7e7f281faf8134c2344bdfa2db6a262b\" sizes=\"(max-width: 767px) 382px\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_382%2Cq_88%2Cf_auto\/e1ddea5a7e7f281faf8134c2344bdfa2db6a262b, https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_764%2Cq_52%2Cf_auto\/e1ddea5a7e7f281faf8134c2344bdfa2db6a262b 2x\" alt=\"\" width=\"382\" height=\"255\" data-testid=\"Image-image\" data-id=\"e1ddea5a7e7f281faf8134c2344bdfa2db6a262b\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:382,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_382%2Cq_88%2Cf_auto\/e1ddea5a7e7f281faf8134c2344bdfa2db6a262b&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_764%2Cq_52%2Cf_auto\/e1ddea5a7e7f281faf8134c2344bdfa2db6a262b 2x&quot;]}\" \/><\/picture><figcaption class=\"LuHig\"><em><strong>This Coomera Waters property, which sold on Sunday, features a heated swimming pool, media room and fire pit.\u00a0\u00a0<\/strong><\/em><cite class=\"_23SOU\"><\/cite><\/figcaption><\/figure>\n<p>Also selling on Sunday was Queensland property investor Stuart Colquhoun, who offloaded one of his two Gold Coast investment apartments for $6000 over reserve at $696,000.<\/p>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/propertynoise.co.nz\/au\/quirkiest-moments-of-gold-coast-real-estate-in-2022\/\"><img loading=\"lazy\" decoding=\"async\" class=\"attachment-hoot-medium-thumb entry-content-featured-img entry-grid-featured-img wp-post-image lazyloaded\" src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/01\/The-Gold-Coast-460x270.jpeg\" alt=\"The Gold Coast\" width=\"460\" height=\"270\" data-src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2023\/01\/The-Gold-Coast-460x270.jpeg\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/propertynoise.co.nz\/au\/quirkiest-moments-of-gold-coast-real-estate-in-2022\/\" rel=\"bookmark\">Quirkiest moments of Gold Coast real estate in 2022<\/a><\/h2>\n<\/header>\n<\/div>\n<p>Mr Colquhoun was satisfied with the outcome after purchasing the two-bedroom Surfers Paradise apartment in The Hilton for $600,000 in late 2021. \u201cI probably made 20 or 30 grand net profit in the year on that.\u201d<\/p>\n<figure class=\"gzJMC undefined NvmVw\" data-pb-type=\"im\"><picture><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/e2cc681ad19eac643f4b9846be607548ddc4a65f, https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/e2cc681ad19eac643f4b9846be607548ddc4a65f 2x\" media=\"(min-width: 1180px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:620,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/e2cc681ad19eac643f4b9846be607548ddc4a65f&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/e2cc681ad19eac643f4b9846be607548ddc4a65f 2x&quot;]}\" \/><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/e2cc681ad19eac643f4b9846be607548ddc4a65f, https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/e2cc681ad19eac643f4b9846be607548ddc4a65f 2x\" media=\"(min-width: 1020px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:620,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/e2cc681ad19eac643f4b9846be607548ddc4a65f&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/e2cc681ad19eac643f4b9846be607548ddc4a65f 2x&quot;]}\" \/><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_696%2Cq_88%2Cf_auto\/e2cc681ad19eac643f4b9846be607548ddc4a65f, https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1392%2Cq_52%2Cf_auto\/e2cc681ad19eac643f4b9846be607548ddc4a65f 2x\" media=\"(min-width: 768px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:696,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_696%2Cq_88%2Cf_auto\/e2cc681ad19eac643f4b9846be607548ddc4a65f&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_1392%2Cq_52%2Cf_auto\/e2cc681ad19eac643f4b9846be607548ddc4a65f 2x&quot;]}\" \/><img loading=\"lazy\" decoding=\"async\" class=\"_1srKI\" src=\"https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/e2cc681ad19eac643f4b9846be607548ddc4a65f\" sizes=\"(max-width: 767px) 382px\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_382%2Cq_88%2Cf_auto\/e2cc681ad19eac643f4b9846be607548ddc4a65f, https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_764%2Cq_52%2Cf_auto\/e2cc681ad19eac643f4b9846be607548ddc4a65f 2x\" alt=\"\" width=\"382\" height=\"255\" data-testid=\"Image-image\" data-id=\"e2cc681ad19eac643f4b9846be607548ddc4a65f\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:382,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_382%2Cq_88%2Cf_auto\/e2cc681ad19eac643f4b9846be607548ddc4a65f&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.467%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0\/t_crop_custom\/c_scale%2Cw_764%2Cq_52%2Cf_auto\/e2cc681ad19eac643f4b9846be607548ddc4a65f 2x&quot;]}\" \/><\/picture><figcaption class=\"LuHig\"><em><strong>This two-bedroom Surfers Paradise apartment sold for $696,000.\u00a0<\/strong><\/em><cite class=\"_23SOU\"><\/cite><\/figcaption><\/figure>\n<p>The investor intends to plough his newly freed-up funds into Melbourne\u2019s cooling market where he plans to purchase a short-term rental and cash in on the southern capital\u2019s rich sporting calendar.<\/p>\n<p>For Brisbane-based Mr Colquhoun \u2013 who has been servicing four mortgages across two Gold Coast units, a Brisbane home and Noosa hinterland retreat \u2013 the continued supply pressure exerted on the Gold Coast region had made it an appealing investment.<\/p>\n<figure class=\"gzJMC undefined NvmVw\" data-pb-type=\"im\"><picture><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_31\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/4712694bf2526793ceff725f0fe88b6be239af26, https:\/\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_31\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/4712694bf2526793ceff725f0fe88b6be239af26 2x\" media=\"(min-width: 1180px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:620,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_31\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/4712694bf2526793ceff725f0fe88b6be239af26&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_31\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/4712694bf2526793ceff725f0fe88b6be239af26 2x&quot;]}\" \/><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_31\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/4712694bf2526793ceff725f0fe88b6be239af26, https:\/\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_31\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/4712694bf2526793ceff725f0fe88b6be239af26 2x\" media=\"(min-width: 1020px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:620,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_31\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/4712694bf2526793ceff725f0fe88b6be239af26&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_31\/t_crop_custom\/c_scale%2Cw_1240%2Cq_52%2Cf_auto\/4712694bf2526793ceff725f0fe88b6be239af26 2x&quot;]}\" \/><source srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_31\/t_crop_custom\/c_scale%2Cw_696%2Cq_88%2Cf_auto\/4712694bf2526793ceff725f0fe88b6be239af26, https:\/\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_31\/t_crop_custom\/c_scale%2Cw_1392%2Cq_52%2Cf_auto\/4712694bf2526793ceff725f0fe88b6be239af26 2x\" media=\"(min-width: 768px)\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:696,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_31\/t_crop_custom\/c_scale%2Cw_696%2Cq_88%2Cf_auto\/4712694bf2526793ceff725f0fe88b6be239af26&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_31\/t_crop_custom\/c_scale%2Cw_1392%2Cq_52%2Cf_auto\/4712694bf2526793ceff725f0fe88b6be239af26 2x&quot;]}\" \/><img loading=\"lazy\" decoding=\"async\" class=\"_1srKI\" src=\"https:\/\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_31\/t_crop_custom\/c_scale%2Cw_620%2Cq_88%2Cf_auto\/4712694bf2526793ceff725f0fe88b6be239af26\" sizes=\"(max-width: 767px) 382px\" srcset=\"https:\/\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_31\/t_crop_custom\/c_scale%2Cw_382%2Cq_88%2Cf_auto\/4712694bf2526793ceff725f0fe88b6be239af26, https:\/\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_31\/t_crop_custom\/c_scale%2Cw_764%2Cq_52%2Cf_auto\/4712694bf2526793ceff725f0fe88b6be239af26 2x\" alt=\"\" width=\"382\" height=\"255\" data-testid=\"Image-image\" data-id=\"4712694bf2526793ceff725f0fe88b6be239af26\" data-pb-im-config=\"{&quot;aspectRatio&quot;:1.5,&quot;type&quot;:&quot;landscape3x2&quot;,&quot;width&quot;:382,&quot;urls&quot;:[&quot;https:\/\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_31\/t_crop_custom\/c_scale%2Cw_382%2Cq_88%2Cf_auto\/4712694bf2526793ceff725f0fe88b6be239af26&quot;,&quot; https:\/\/static.ffx.io\/images\/$zoom_0.525%2C$multiply_2%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_31\/t_crop_custom\/c_scale%2Cw_764%2Cq_52%2Cf_auto\/4712694bf2526793ceff725f0fe88b6be239af26 2x&quot;]}\" \/><\/picture><figcaption class=\"LuHig\"><em><strong>The apartment located in The Hilton Surfers Paradise Hotel &amp; Residences was part of 96 properties being auctioned at The Event 2023.\u00a0\u00a0<\/strong><\/em><cite class=\"_23SOU\"><\/cite><\/figcaption><\/figure>\n<p>\u201cParticularly after the COVID period people are still coming to the Gold Coast, and the rental returns are good and occupancy is high, so it pays itself off,\u201d Mr Colquhoun said.<\/p>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/propertynoise.co.nz\/au\/smallest-ever-lot-in-the-gold-coast-listed-for-sale\/\"><img loading=\"lazy\" decoding=\"async\" class=\"attachment-hoot-medium-thumb entry-content-featured-img entry-grid-featured-img wp-post-image lazyloaded\" src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2018\/10\/he-most-expensive-median-land-price-in-Queensland-is-out-of-the-Gold-Coast-followed-by-Sunshine-Coast-with-Brisbane-third.-460x270.jpeg\" alt=\"Gold Coast\" width=\"460\" height=\"270\" data-src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2018\/10\/he-most-expensive-median-land-price-in-Queensland-is-out-of-the-Gold-Coast-followed-by-Sunshine-Coast-with-Brisbane-third.-460x270.jpeg\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/propertynoise.co.nz\/au\/smallest-ever-lot-in-the-gold-coast-listed-for-sale\/\" rel=\"bookmark\">Smallest ever lot in the GOLD COAST listed for sale<\/a><\/h2>\n<\/header>\n<\/div>\n<p>Ray White\u2019s Mr Bell said the\u00a0supply shortage\u00a0combined with\u00a0population pressure\u00a0was so far insulating the Gold Coast market against the full effect of eight consecutive interest rate rises that had understandably \u201cscared the bejesus out of buyers\u201d.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>READ MORE VIA <a href=\"https:\/\/www.afr.com\/property\/residential\/auction-year-opens-at-gold-coast-event-signals-bumpy-market-ahead-20230121-p5ceg6\">AFR<\/a><\/p>\n<h3 class=\"widget-title\"><span class=\"accent-typo\">MOST POPULAR IN NEW ZEALAND<\/span><\/h3>\n<ul class=\"wpp-list\">\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/claims-about-jacinda-arderns-wealth\/\" target=\"_self\" rel=\"noopener\">Claims about Jacinda Ardern\u2019s wealth<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/real-estate-industry-legend-will-be-sadly-missed\/\" target=\"_self\" rel=\"noopener\">Real estate industry LEGEND will be sadly missed<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/real-estate-agent-acted-recklessly-hugging-and-kissing-a-buyer\/\" target=\"_self\" rel=\"noopener\">Real estate agent acted recklessly hugging and kissing a buyer<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/real-estate-agents-inspection-nightmare\/\" target=\"_self\" rel=\"noopener\">Real estate agent\u2019s inspection nightmare<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/where-have-all-the-property-buyers-gone\/\" target=\"_self\" rel=\"noopener\">Where have all the property buyers gone?<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/serious-trouble-huge-mortgage-change-coming-for-aussies\/\" target=\"_self\" rel=\"noopener\">\u2018SERIOUS TROUBLE\u2019: Huge mortgage change coming for Aussies<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/grand-designs-new-zealand-medieval-castle-watch\/\" target=\"_self\" rel=\"noopener\">Grand Designs New Zealand | Medieval Castle \u2013 WATCH<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/the-ancient-stone-city-proof-of-nz-civilisation-before-kupe\/\" target=\"_self\" rel=\"noopener\">THE ANCIENT STONE CITY: Proof of NZ civilisation before Kupe<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/abandoned-land-for-sale\/\" target=\"_self\" rel=\"noopener\">Abandoned land for sale<\/a><\/li>\n<li><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/jacinda-ardern-auckland-bar-under-fire-for-vile-signs-celebrating-pms-resignation\/\" target=\"_self\" rel=\"noopener\">JACINDA ARDERN: Auckland bar under fire for \u2018vile\u2019 signs celebrating PM\u2019s resignation<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: The Event 2023. RAY WHITE The property market\u2019s continued<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/auction-year-opens-at-gold-coast-event-signals-bumpy-market-ahead\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":42075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478105089,478098516,478102588,478116276,478124410,478124409,478098579,478117532,478114700,478098931,478124411,478098511,478098705,478098828,478098921,478098970,478124408],"class_list":["entry","author-data123nz","post-42074","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-andrew-bell","tag-gold-coast","tag-gold-coast-auction-event","tag-gold-coast-auctions","tag-gold-coast-property-auctions","tag-gold-coast-real-estate-auctions","tag-property-market","tag-ray-white-auctions","tag-ray-white-gold-coast","tag-ray-white-surfers-paradise","tag-ray-whites-annual-the-event-auction-extravaganza","tag-real-estate","tag-real-estate-agency","tag-real-estate-agents","tag-real-estate-franchise","tag-the-event","tag-the-event-2023"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Auction year opens at Gold Coast event, signals &#039;bumpy&#039; market ahead | WATCH - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/auction-year-opens-at-gold-coast-event-signals-bumpy-market-ahead\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Auction year opens at Gold Coast event, signals &#039;bumpy&#039; market ahead | WATCH - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"PHOTO: The Event 2023. 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