Sales on the way up

The high­est recorded sales on the Gold Coast last week were in the city’s heart

Weekend Gold Coast Bulletin - Property - - FRONT PAGE - WORDS JES­SICA BROWN

A LUX­URY three-storey beach house has claimed the top spot on the Gold Coast’s most re­cent list of high­est recorded sales.

The Surfers Par­adise prop­erty at 13 Thorn­ton St set the bar last week af­ter it was snapped up for $1.79 mil­lion.

Chris Couper and As­so­ci­ates prin­ci­pal Dar­rin Couper, who han­dled the sale, said lo­cal buy­ers were the suc­cess­ful bid­ders.

“They liked it be­cause it’s quite a big house,” he said.

“In that part of town, it’s the only house like it.

“Most of them are older homes or the orig­i­nal prop­er­ties are still on (the block).”

He said the four-bed­room house, which had long-term ten­ants liv­ing there un­til re­cently, at­tracted plenty of prospec­tive buy­ers be­cause it was mod­ern and about 100m from the beach.

“It had a lot of in­ter­est and (there were) a num­ber of of­fers on the prop­erty be­fore those peo­ple snatched it up,” he said.

A Surfers Par­adise apart­ment on Cy­press Ave also made the top sales list, com­ing in close sec­ond af­ter sell­ing for $1.705 mil­lion.

While lat­est CoreLogic data shows the mar­ket is start­ing to slow in Surfers Par­adise, Mr Couper said on the ground, it was per­form­ing well. “Peo­ple are still pretty pos­i­tive,” he said. “There’s a lot of apart­ments to choose from at the mo­ment, it’s still been pretty good though.

“I think af­ter the Com­mon­wealth Games it was a lit­tle slow but now it’s start­ing to ramp back up.”

The CoreLogic fig­ures recorded up un­til May show the me­dian house price in the sub­urb has dropped 1.1 per cent in the past year to $1.325 mil­lion while the me­dian apart­ment price has dropped 2.6 per cent to $375,000.

The house at 13 Thorn­ton St, Surfers Par­adise was the high­est recorded sale last week.

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