“We brought $57 million worth of property to the market, so to sell $27 million of that in one day is a result we are very proud of,” Dan Sowden (pictured above), auctioneer and director of Ray White Maroochydore said.
The sales won’t stop with the end of the event, with many more transactions expected to take place post-auction.
One of the most anticipated properties and the highest sale of the day was 22 Brisbane Road; the ‘developer’s dream block’ with six, two bedroom units only three blocks back from Mooloolaba Beach. Following a hot bidding war, the property was sold for $5.31 million by Ray White Maroochydore’s listing agent Reuben Park.
Not far behind this sale was the exquisite Mooloolaba penthouse at 16/82-86 River Esplanade, sold by Ray White Maroochydore’s Dan Sowden and Reuben Park for $4.59 million.
2023’s in-room auction event achieved outstanding results.
$27,236,000 million in sales on the day
45 listed properties
Over 2,500 buyer inspections conducted in September
Over 200 registered bidders
18 properties sold at auction
40 per cent on the day clearance rate
Top property sale of $5.31 million
419 coffees consumed
Since the event’s inception in 2015, the network has now auctioned 438 properties, totalling in $258 million in sales. Now in its eighth year, the event continues to grow. Around 400 interested attendees gathered from 9am at Mercedes-Benz Sunshine Coast, eagerly awaiting the action to begin. A further 1,800 online viewers tuned into the Facebook live stream.