Sanctuary On The Sand.

Welcome to the Gold Coast. Truly, a sanctuary that is much more than just a destination for those transient sojourns. Imagine kilometers of seemingly endless sandy beaches, transitioning seamlessly into a sprawling landscape of skyscrapers, where opportunities are truly endless.

Once a tranquil seaside town, the Gold Coast has exhibited significant growth in the past decade, with it becoming one of the fastest growing regions in Australia – especially as it pertains to the property market. The latest research from CoreLogic indicates property sale figures have significantly increased over the past three months, with a considerable leap in Gold Coast property prices by a sizeable 22 percent between July 2020 and 2021.

This acceleration of the market is predominantly due to interstate buyers, who are unfortunately unable to visit the properties they are purchasing due to the seemingly incessant lockdowns demarcating these regions. However, despite all ostensible points to the contrary, lockdowns are not affecting the market whatsoever. In fact, throughout the most recent financial year, there was an excess of 582,000 transactions in Australia; the highest annual sales volume that has been witnessed since 2004.

Innumerable enquiries and consistent sales during Spring demonstrates that buyers are taking advantage of the season to make significant returns on their investments and profit considerably on their homes. Presently, our Agents are inundated with enquiries on their listings, with days on market becoming progressively shorter and shorter, indicating this is just the beginning of a successful selling season as we rapidly approach the end of the year.

Adding fire to the flame, ‘9 Rudder Court, Mermaid Waters’ sold expeditiously this week for an ‘area record’ of $4,300,000 – showcasing the record-breaking extent to which properties are selling. The Listing Agent, Joshua Soineva, produced this result in 24 hours after walking the buyer through the property after only one inspection. With precedents set such as this, there indisputably is truly no better time in the market to buy, sell or invest, with all present property data exhibiting an upward trajectory indicating nothing but continual growth.

Speaking of a bustling property market, this Saturday is undoubtedly a busy day for Auctions, with three luxury homes going under the hammer. Commencing with a brand-new coastal home at ’76 Nobby Parade, Miami’ at 10:30am on Saturday – then to a prestigious waterfront mansion at ’41 Cayman Drive, Clear Island Waters’ at 11:30am – and ending with an exceptional waterfront family home at ’65 Tradewinds Avenue, Paradise Point’ at 2:30pm. With interest high and considerable competition in the market, these Auctions are not to be missed with something for everyone.

From the team at Amir Prestige, we hope you have a wonderful weekend.

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