Ray White offices from across the city came together for the second Gold Coast Auction Experience of 2024, selling 60 per cent of the 68 lots that went under the hammer.

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Buyers are out in force splashing more than $40m on property during a special auction event on the Gold Coast.

Ray White offices from across the city came together for the second Gold Coast Auction Experience of 2024, selling 60 per cent of the 68 lots that went under the hammer.

Ray White offices from across the city came together for the second Gold Coast Auction Experience of 2024, selling 60 per cent of the 68 lots that went under the hammer.

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80 Bromfield Drive, Bonogin sold for $1.75m through Ray White Burleigh Group’s Lisa Bourne.

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The Gold Coast Auction Experience saw more than $40 million worth of property transacted with 201 eager buyers registering to bid on the day.

The top sale was 80 Bromfield Drive, Bonogin, which sold for $1.75m through Ray White Burleigh Group’s Lisa Bourne.

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Ray White offices from across the city came together for the second Gold Coast Auction Experience of 2024.

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80 Bromfield Drive, Bonogin.

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Ms Bourne said the buyer hadn’t actually stepped inside the property, but was impressed by the photos.

“It’s a brand-new, high-quality build, Ms Bourne said.

“The sellers planned to stay long-term, but with a chance to be closer to their growing family and splitting their year between Australia and the Greek islands, they decided to make the move.”

“We had two bidders pre-registered, and two more jumped in on auction day – one hadn’t even seen the house and ended up being the eventual buyer.

“The photos alone wowed him into bidding.”

Ray White Burleigh Group’s Lisa Bourne.

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80 Bromfield Drive, Bonogin.

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Among the other sales was 6/411 Golden Four Drive, Tugun, which sold for $1.575m, 6 Elizabeth Cres, Varsity Lakes ($1.575m) and 12 Ballidu Close, Elanora ($1.45m).

Ray White Queensland chief auctioneer Gavin Croft oversaw the bidding and said the Gold Coast market was spoiled for choice with apartments, entry level homes and luxury homes.

“It was a day where buyers at all levels were well catered for, and the competition was fierce across all price points,” Mr Croft said.

“We saw strong engagement throughout the day, ultimately achieving a 60 per cent clearance rate.

“This success was bolstered by the participation of over 200 active bidders, while more than 2,000 people followed the auctions either in-room or online, reflecting the broad interest in the market.

6 Elizabeth Cres, Varsity Lakes sold for $1.575m.

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“It was a wonderful initiative and an excellent example of teamwork, with the Ray White offices across the Gold Coast coming together in a collaborative effort.

“The success of the day highlights the strength of the local market and the professionalism of our team in ensuring that both buyers and sellers experienced a seamless and dynamic auction environment.”

PropTrack data shows the Gold Coast auction clearance is sitting at 40 per cent.

12 Ballidu Close, Elanora sold for $1.45m.

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