In the October issue of the Australian Property Focus newsletter:
In the October issue of the Australian Property Management Focus newsletter:
With a notable increase in Australian property enquiry emanating from the Harcourts network in Hong Kong and China; Landmark Harcourts has partnered with Harcourts to showcase Australian properties to China through its Connect with Australia property showcase. Responding to the particular interests of Chinese investors, Landmark Harcourts and Harcourts together will feature large scale agricultural properties targeting dairy, protein and viticulture sectors as well as residential and commercial developments, off the plan homes, new apartment blocks, house and land packages.
The Harcourts Queensland Auction team sold a Benowa Waters property for $226,000 above reserve price in early June.
The family sized home saw a massive 240 groups through in 38 and a half hours of open homes across the four week auction campaign.
Chief Auctioneer for Harcourts Queensland, Mitch Peereboom said “The marketing campaign was clearly effective, drawing a diverse range of buyers and an extraordinary level of inspections.”
The auction attracted over 160 people with a total of 36 registered bidders and sold for $226,000 above reserve.
“This was a great turn out which was a direct result of the perfectly executed auction campaign by our skilled sales consultants. This is yet another example of why auction is becoming the preferred method of sale for vendors,” said Mr Peereboom.
Grant Stephens, business owner of Harcourts Gold Coast Central in Surfers Paradise, whose team listed the property said the property attracted a lot of attention as it was the worst house in the best street.
“It was a house of a thousand rumours; it’s the jigsaw piece that doesn’t fit in such a beautiful area, and I think that’s why it attracted so many people,” Mr Stephens said.
“People keep saying the market is cooling off, but they put us in the same basket as Melbourne and Sydney. The Gold Coast market is still going strong,” Mr Stephens continued.
Nigel Smith, Sales Consultant at Harcourts Gold Coast Central in Surfers Paradise was part of the listing team for the property and said this type of outcome and interest in a property is rare. “We see this kind of response to a property once in every five years,” Mr Smith said.
The property was built in 1990 and has four bedrooms and two bathrooms. Mr Stephens said the team spent 11 weeks getting the deceased estate ready for open home inspections.
The team handed out 48 bags of lollies and 28 coffees were ordered from the mobile coffee van at the auction.
The Harcourts Queensland Auction team will be re-launching their Brisbane in room auctions at Victoria Park in July.
“It’s very exciting to see the in room auctions launching again particularly with the Brisbane market place being so strong. The in room auction arena provides us with a platform to offer multiple properties for auction at one time,” said Mr Peereboom.
In this month’s Property Focus newsletter (March 2014, Australia):
View this month’s Property Focus newsletter in full - HERE..