Newspaper article Sunshine Coast Daily (Maroochydore, Australia)

Mooloolaba's the Place to Be for Lucky 10th Bid

Newspaper article Sunshine Coast Daily (Maroochydore, Australia)

Mooloolaba's the Place to Be for Lucky 10th Bid

Article excerpt

Byline: Sue Custance

BRENT Higgins, principal of Ray White Mooloolaba, has sold his past nine auctions under the hammer and will be hoping to keep the record in place today at 4pm when taking 3/10 Akeringa Pl, Mooloolaba, to the auction floor.

These nine sales range from $365,000 for an apartment to a home for $1.5million, including another selling for more than $1million.

"A property at 50 Douglas St, Mooloolaba, was the most memorable," Mr Higgins said.

"Apart from the sale being well over reserve with seven bidders it was, in my opinion, a key indicator of the changing market.

"Since then, sales for Mooloolaba homes over $600,000 have been far more consistent, providing credible information the market is in full recovery.

"I certainly saw a change in buyer confidence and urgency after Douglas St."

No time to waste

IT WAS a busy weekend for auctioneer Michael Hughes with six of Saturday's auctions sold.

"The day kicked off with Hang Loosa Noosa at Ivory Palms Resort in Hilton Terrace where a last-minute registered bidder entered into negotiations and under the hammer it went," Mr Hughes said.

"My 11am auction at 35 Regatta Cct, Noosaville, had been neatly sold a few days prior to auction by Samantha Plummer, of Dowling Neylan Real Estate.

"So ... a quick jaunt to Kandanga, Gympie, to auction the old schoolhouse.

"Opening in 1900 and alas, closing its doors in 2009, it was met by a 50-strong crowd, 15 registered bidders and the local TV cameras.

"After a tough start and cagey, low-ball bidding, the highest bidder had dug his heels in well below reserve. After lengthy negotiations with both seller and bidder, thankfully the deal was done, and the gavel came down in front of the TV cameras. Phew.

"Back to Hilton Tce, Noosaville for Trevor Elliot and Narelle Leis, of Hang Loosa Noosa, at 3.30pm to auction three lovely townhouses. A great turnout and spirited bidding coupled with yet more private negotiation saw all three sell under the hammer in only 29 minutes. …

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