Ray White Surfers Paradise Group is gearing up to host Australia’s largest in-house auction program this long weekend, finalising plans to bring more than 100 properties to the market.
Buyers from across the country will descend on RACV Royal Pines Resort this Monday, January 28, to vie for properties ranging from one-bedroom apartments to prized waterfront mansions and idyllic rural retreats.
The auction program this year coincides with a rush of interest from interstate buyers looking for opportunities in the south-east Queensland market, and particularly the Gold Coast.
“We’ve seen a significant resurgence in interest in the Gold Coast property market in the past few months,” said Ray White Surfers Paradise Group (RWSP) CEO Andrew Bell.
“Not surprisingly locals are leading the charge, eyeing off properties that they believe have strong future growth potential.
“However, interstate buyers have also been very active, particularly from Sydney and Melbourne where the markets have passed their peaks. The Gold Coast is definitely looking pretty good from their perspective.”
Mr Bell said the Gold Coast property market in recent years has been widely recognised for its resilience due to the strength and diversity of the local economy, including one of the lowest unemployment rates in the country.
“Based on these fundamentals alone there is compelling value in the Gold Coast property market at the moment,” he said.
“We’re experiencing this daily through the level of inquiries our offices are receiving, including some instances where interstate buyers have flown in just for the day to undertake inspections.”
The Event 2019 is being held in conjunction with the Home & Living Expo, where auction attendees and casual visitors can benefit from a broad range of discounted goods and services for the home, particularly those looking to make a new purchase.
There’s also advice on how to get the most competitive loan through one of Australia’s largest mortgage originators, Loan Market.
The Event and Gold Coast Home & Living Expo are being jointly held at the RACV Royal Pines Resort from 10am this Monday, January 28.
For more information, visit theauctionevent.com.au