Hi there, Andrew Bell with you once again. Today, I want to dive into a topic that’s been top-of-mind for many of us: inner-city living and how crucial location has become in determining property values. With that in mind, I’m excited to be here at 14 Biggs Place in Southport to showcase a unique property. But before I take you through this gem, let’s talk about what’s really happening in the market.
The Market Pulse: What’s Going On Right Now?
I often get stopped by people who want to know exactly what’s happening at ground level. As a real estate professional with daily market insights, I can tell you the latest market reports don’t always reflect the present moment. We’re now heading into November 2024, and while the market has seen some changes, there’s still a lot of underlying strength.
A noticeable shift has been in open home attendance. A year ago, it wasn’t unusual to see 70 to 90 people at a single open home, with a handful of bidders competing for properties. Today, that attendance is down to around 30 or 40 people, but interestingly, the number of serious bidders remains about the same. Prices have climbed, which may have priced some buyers out of the market, but we’re still achieving strong results. Our auction success rate is currently around 86%, which is above the national average—a testament to the resilience of our market despite a natural cooling after four years of strong growth.
The Event: A Landmark Real Estate Opportunity
Speaking of resilience, I’m thrilled to announce that our next big event has been launched, and bookings are already rolling in. This annual event provides an unmatched opportunity to explore a wide array of properties across the Gold Coast, appealing to all price ranges and types. Last year, we auctioned 120 properties, selling 110 of them, which is an incredible success rate. This year, we’re looking forward to another dynamic turnout, and I encourage anyone interested to book early—spots are limited!
A Gem in the City: 14 Biggs Place, Southport
Now, back to the feature of the day—14 Biggs Place here in Southport. One of the true joys of my job is getting to explore incredible properties like this. Over my career, I’ve seen countless homes, but this one is truly remarkable. If inner-city living with lifestyle versatility is what you’re after, you won’t find another property quite like it.
Imagine a massive sandy beachfront wrapping around your property, right in the heart of the city! The home itself is newly completed, boasting spacious, open-plan living areas that could comfortably host a large family gathering—or offer cozy corners for more intimate settings. Despite its central location, it’s peaceful, tucked right next to parklands that connect to Ravage Royale. From here, you’re just a short boat ride from Main River. It’s the ideal spot for someone wanting the best of city life while still enjoying a private, riverside sanctuary.
Words can’t truly do this property justice; it’s one you must experience firsthand. For those building a dream home or simply looking for something with it all, this is a must-see. Robbie Graham is your contact for arranging a viewing—he’ll be delighted to help you discover all the unique aspects of this special property.
Click here to learn more about 14 Biggs Place, Southport
Gratitude for Community Support
Lastly, I want to extend my heartfelt thanks to everyone who has supported our charitable initiatives over the years, especially this past year. For over 31 years, we’ve raised over $4.2 million to help children with muscular dystrophy. Our latest event brought in an additional $140,000, a testament to our community’s generosity. With these funds, we’ve helped extend life expectancy for children with this condition, and our $1 million perpetual fund is now generating around $120,000 a year for research.
Thank you to everyone who’s been a part of this journey. You’ve made a lasting impact, and it’s an honor to work alongside such a compassionate community.
For those interested in the upcoming Event, book early! Details are on the screen. I’ll be back with more updates in a fortnight.
Until then, take care.