Gold Coast revealed as busiest auction location
The Gold Coast auction season is full steam ahead. 24 King Arthurs Crt, Sovereign IslandsDESPITE week-on-week auction activity predicted to fall in capital cities, the Gold Coast is just getting started.New data revealed the Gold Coast was the busiest non-capital city region for auctions last week. CoreLogic’s latest auction report showed the region led the way with 121 properties going under the hammer. Your choice of pool or river. 19 Kula Close, Benowa is set to go under the hammer this weekend.However, Geelong recorded the strongest clearance rate at 82.6 per cent, while the Gold Coast came in at 36.5 per cent.Coming into this weekend, 29 properties are set to go to auction, including a Sovereign Islands waterfront mansion.The million-dollar residence, which property records show last sold for $1.72 million in 2014, is described as a “tropical resort style home”.“It’s accompanied with a Florida room extending to the pool offering long canal views and beyond,” the listing states.“This waterfront mansion was originally constructed by the renowed and award-winning RW Smith Family builders”.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach Northless than 1 hour ago02:37International architect Desmond Brooks selling luxury beach villa21 hours agoThe renovated property also features a full HD media room and pontoon big enough for a 60-foot vessel. This master ensuite is complete with a spa.It’s all about the waterfront abodes this weekend, with a four-bedroom, three-bathroom “functional family home”, set to go under the hammer at Broadbeach Waters.The house has a pool and its own sandy beach, “perfect for launching a stand-up paddle board or tinnie”. 19 Alma St, Broadbeach Waters is described as a family home.Over in Palm Beach, a five-bedroom, four-bathroom waterfront property, also complete with its own beach, is set to be auctioned on Saturday.According to the listing, “the home has been designed with a focus on the water, offering views from the kitchen, living and dining areas and the master retreat on the upper level.” The backyard at 40 Mallawa Dr, Palm Beach.Meanwhile, a “substantial family entertainer” in Benowa featuring a large pool with cascading waterfalls a Florida room gym, wine cellar, mud room, workshop and dual living quarters will go under the hammer on Sunday morning. The Benowa home features a contemporary stone kitchen.