Premium Outcomes For Sellers
October 28 2022
Kollosche prestige property sale prices continue to reach beyond those of the 2020-2021 peak, despite reports of big vendor discounting in the wider market.
While there has been a level of adjustment in the market over the past eight months, Kollosche agents are leveraging buyer demand against reduced stock levels to maximum effect.
The median price of all houses sold by Kollosche in September was $3,700,000. This is a significant uplift from the same time last year when the median was $3,000,000 across a comparative number of sales.
Agent experience across all types of campaigns is paying dividends for clients, with many properties achieving prices well above suburb median values and vendor expectations.
Kollosche agent Kara Christensen, who specialises in acreage properties in the hinterland, sold 238-240 MacDonnell Road, Tamborine Mountain, for $3,000,000. The property, a colonial-style homestead nestled among lush surrounds of a 13.5ha estate, was purchased by a Gold Coast resident seeking a city escape.
The sale price was among the top ten achieved for a residential property in the suburb of Tamborine Mountain. It also significantly outshines the suburb median house price, which CoreLogic data shows is $920,428.
Auction campaigns have also been working well for vendors seeking a premium price, but also transparency around a sale.
The method of sale has become more commonplace following the pandemic, with vendors and buyers becoming more comfortable and confident with the auction process.
Kollosche’s lead agents are conducting more auction campaigns now than they were as little as a year ago, with some excellent results.
Lead agent Jamie Harrison and sales associate Zac Palmer sold 107 Edinburgh Road, Benowa Waters, for $2,460,000 under the hammer. The Mediterranean home fronting Lake June and in the hands of the same owners for 15 years attracted 37 inspections and six registered bidders. It exceeded the vendors’ expectations and was also well above the house price median for Benowa of $1,380,000. The successful buyer was from the Gold Coast.
Sales agents Nicky and Jason Cunningham led a successful three-week auction campaign to sell 1011/1-17 Lennie Avenue, Main Beach, for $1,600,000 – their first sale under the Kollosche banner. The campaign saw more than 35 groups inspect the property. There were four registered bidders come auction day and the successful buyer was a local seeking a beachside lifestyle. The sold price surpassed the $1,050,000 suburb median for units in Main Beach.
If you are thinking of selling, reach out to one of our experienced agents who will work with you to achieve a premium price for your property.