Recent auction attracts record crowds

6 Broadsea Avenue, Maroochydore
Sold under the hammer for $1,140,000 on 5th July 2021

Drawing a huge crowd of more than 65 people and a whopping 26 registered bidders, despite the challenges of conducting a COVID safe operation, the recent sale of 6 Broadsea Avenue, Maroochydore is testament to the strength of the current Sunshine Coast property market.

Selling under the hammer for $1.14 million at a nail-biting auction on the 5^th of July, agents Natalie Tink and Mitch Sinclair said the vendors picked the perfect time to sell.

“The owners of the property were investors who had the property tenanted through our office for quite a few years,” says Natalie.

“They wanted to take advantage of the market doing so well and cash out at a good time. They bought the house about six years ago in an older condition and renovated it to create a gorgeous coastal home.”

Having attended a previous auction in Buna Street, the couple were convinced that it was the best way to secure the highest price for their property.

“They had seen how it worked, they loved Dan Sowden, our auctioneer, and they could see the advantage of putting prospective buyers in a competitive environment.”

Attracting a huge amount of interest from the second it was listed online, Natalie said while it was tempting at times for the owners to accept prior offers, taking the property through to auction was the best decision they could have made.

“We had people wanting to make offers prior to even going through it,” so we knew we had to take it all the way to auction given the level of competition, and it certainly paid off,” says Natalie.

“As an agent it is our job to explore every single stone and turn them all over until we know we have got the best possible price for our vendors.

“Achieving $1.14 million for a dry block is an excellent result and the buyers were delighted too, because the area is only going to increase in value.”

Describing the atmosphere on the day as “electric”, Natalie says interest came from far and wide for the property, including Canberra and Western Australia, as well as plenty of local buyers. And despite Queensland having just come out of COVID lock down the day prior, it didn’t hamper the numbers or the excitement.

“We had to space everyone out into groups, so they were social distancing,” says Nat. In fact, we got so busy we had to place non bidders to the back of the property and bring the 26 registered bidders up the front so they could see Dan. It was huge.”

Fighting it out to the end for the stunning property were two interstate phone bidders, from Canberra and WA, with the WA bidder finally sealing the deal.

“The buyers had their whole family there,” said Natalie. “His dad was bidding on the phone and his brother and sister had come to the property a couple of weeks prior and knew he would love this home.

“They are a beautiful young family who are so excited to start their new life in Maroochy Waters.”

Needless to say, as with any auction, there were also a lot of disappointed bidders on the day who missed out on their dream home.

“People fell in love emotionally with this property,” says Natalie. “We had a lot of people walk down the driveway very upset they didn’t get to purchase it because they already felt it was their home.”

There’s always next time!

Written by Ingrid Nelson