Kollosche’s sales and leasing teams closed Q3 with a string of standout results, underscoring the agency’s strength across all sectors of the Gold Coast property market.

From luxury residences and landmark commercial assets to record rentals, the quarter highlighted Kollosche’s ability to consistently deliver premium results across all sectors and price points.

Residential

While most of the properties changing hands in the residential sector were valued between $2,000,000 and $5,000,000, Kollosche continued to dominate the top-end of the market, delivering multiple sales at over $10,000,000 for the quarter.

Topping the high-end sales was a waterfront home at 139-141 Monaco Street, which at $16,950,000 set a new price record for the suburb of Broadbeach Waters.

Demand for luxury beachfront apartments ramped up in Q3 with off-the-plan sales in desirable developments generating some of the highest sale prices. These included a $15,650,000 sale of a full floor apartment in the project ‘Coast’, which is under construction on Garfield Terrace in Surfers Paradise, alongside two whole floor sales for level 16 at $15,550,000 and level 9 for $15,000,000 in Ari, a 21-storey boutique development earmarked for Main Beach’s exclusive beachfront strip.

A $13,750,000 apartment sale was secured in the soon to be completed ‘Rockpool’ project in Rainbow Bay and the $12,300,000 sale of an absolute beachfront villa built in 1998 along blue-chip Hedges Avenue in Mermaid Beach rounded out the top six residential sales results.

In the $5,000,000 to $10,000,000 price bracket, the security of purchasing in a completed luxury development led to strong buyer interest and multiple sales of this type of stock. A refreshed marketing campaign by Kollosche in the Andrews ‘Dune’ development in Main Beach saw three apartments change hands in swift succession for $7,554,861, $7,100,000 and $7,000,000. A further two sales of $7,500,000 and 7,350,000 were made in the nearby ‘Pearl’ building and another 7 half floor sales were completed in Ari between $7,300,000 and $7,850,000.

Overall, properties listed with Kollosche remained on the market for an average of 44 days and the auction clearance rate was 89.19 per cent for the quarter, well above the Gold Coast, state, and national averages, where the figure hovered around 68 per cent.

Commercial

In the commercial space, Kollosche had a highly successful quarter with two significant transactions made by sales agents Tony and Adam Grbcic.

The Cove Shopping Centre in Palm Beach, a retail centre with development potential, changed hands for $19,000,000, confirming the market’s appetite for well-positioned retail assets in growth corridors with development upside.

That sale was swiftly followed by ‘The Warehouses’ on Currumbin Creek Road, Currumbin Waters, an award-winning industrial asset that sold for $14,000,000. This was a strong result that reflected the tightening supply of quality mixed-use industrial stock.

These deals highlight Kollosche’s reach beyond residential – securing confidence from investors and developers who want a trusted hand with high-value commercial sales.

Property Management

A rent roll acquisition increased Kollosche’s properties under management by another 35% in the past quarter, making it well equipped to deal with a rental market that is heating up.

Vacancy rates remained tight throughout the quarter, leading to high demand from tenants in the $1,500-plus per week bracket. These properties leased quickly, supported by Kollosche’s strong presentation standards and customer service.

Rental appraisals also trended higher, particularly for family houses in good school catchments and larger, turn-key apartments with strong amenities.

Commercial leasing also gained traction in Q3, with boutique retail and professional office spaces attracting tenants seeking premium positions to capitalise on the region’s population and tourism growth.

Trusted Performance

Kollosche’s Q3 results tell a clear story of the market: buyers and investors continue to move decisively when presented with quality properties and a trusted sales strategy.

Kollosche’s integrated divisions continue to work collaboratively to deliver certainty and standout results for clients.

As spring unfolds and Q4 gathers pace, buyer urgency is expected to rise. Vendors considering a campaign before Christmas can take confidence from the calibre of results delivered in Q3 as proof that, with Kollosche, premium outcomes can be achieved.

Wherever you are in your property journey, Kollosche can help you achieve your goals. Reach out today.