WCTB Real Estate

THERE were no shortage of buyers at the nation’s biggest auction event on Sunday, with spirited bidding driving high sales volumes, and pushing the early preliminary clearance rate to 80 per cent.

Lots from apartments to acreages to commercial properties went under the hammer as part of Ray White Surfers Paradise Group’s The Event.

With an average of eight registered bidders per property, reserves were not only being met but in some cases surpassed by hundreds of thousands.

Winning bidder

Real estate listings often feature common and not-so-common phrases that can give potential buyers a clue about the home’s condition or possibly hint at a seller’s motivation. TLC is one of these more common phrases – it tells prospective buyers that the property requires some “tender loving care,” but if you are willing to get your hands dirty you may have found a good deal. 

What does ‘TLC’ mean in real estate? 

How much work can a house calling for TLC actually need? If a house requires TLC, a buyer will need to do more than lay on some new

A seaside Rosebud abode less than 500m from the beach was snapped up at auction by Melbourne buyers who intend to one day make it their home.

The picture-perfect property at 49 Fifth Ave went under the hammer on Saturday morning in front of about 50 people.

The three-bedroom house — which had been an investment for its elderly owner for decades — was called on the market at $800,000 before fetching an $809,000 sale.

RELATED: Canterbury pad has striking glass-encased bedroom

Pool perfection for first-home buyers

‘Beach is your backyard’ at Phillip

A ONE bid was all it took for a buyer to blow away any competition and secure the waterfront family home of a well-known Gold Coast bread-making dynasty.

The home at 187-189 Monaco St, Broadbeach Waters is owned by Warren Marrable, whose parents Harvey and Dulcie founded Gold Coast Bakeries in Mermaid Beach in the 1960s.

The home has been in the Marrable family for 54 years.

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The family-owned company still churns out bread for Gold Coasters, although Warren and his wife Jo have since left the business.

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