An unrenovated two-bedroom unit at 4/4-6 Peak Ave, Main Beach sold for $445,000 in 24 hours.“We had six private inspections on the Sunday and an offer the next day which was accepted,” said agent Nicole Bricknell of Cole Residential – Isle of Capri who sealed the deal on 4/4-6 Peak Ave at $445,000.Harcourts Coastal reports 61 sales at a value of $52,647,800 in April, including 26 sales in the final week of that month. At the top end of town, three luxury properties on Sovereign Islands changed hands over a four-day period last week including 1-3 Knightsbridge Pde East which fetched around $6 million in a deal handled by Ray White Sovereign Islands agents Ali Mian and Edin Kara. Suburb booming with mega sales Spa king’s beachside trophy home for sale Across Australia, properties were listed for a median 52 days in April 2020 compared with 60 days for the same period in 2019, despite restrictions and economic disruption from COVID-19.A number of speedy sales are being reported across the Gold Coast, with one Main Beach unit going under contract within 24 hours of inspections late last month. MORE: Every day’s a holiday in this home A luxury six bedrooms home at 1-3 Knightsbridge Pde East, Sovereign Islands sold for around $6 million in April. Search activity on the rise Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow much do I need to retire?00:58 For sale search activity increased by a further 4.7 per cent over the past week, marking the sixth consecutive week in growing search activity.More from news02:37International architect Desmond Brooks selling luxury beach villa7 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago“We are seeing sizeable pools of buyers who have sold their properties over the past few months now looking to purchase their new homes,” said Andrew Bell, CEO of Ray White Surfers Paradise Group. “We are also seeing many buyers who have moved from interstate now looking to purchase instead of continuing to rent.” 4/4-6 Peak Ave, Main Beach went under contract within 24 hours of inspections late last month.Homes have been selling faster despite COVID-19 disruptions as an increasing number of buyers compete for fewer properties.Sellers are the main ingredient missing in the real estate market recovery on the Gold Coast which is showing strong signs of a bounce back as the state eases its way out of restrictions. Data from listings site realestate.com.au (REA) shows homes are spending less time on the market than the previous year while buyer activity is increasing every week. Listings volumes are still well down, however, with sellers slower to regain the confidence to go to market.Andrew Henderson, Real Estate Industry of Queensland Gold Coast Zone Chair, said the easing of restrictions in Queensland from this weekend should stimulate a boost in listings.“Getting sellers back in to the market will be the key going forward,” he said.“Hopefully we should start to see a change as restrictions ease and sellers find the confidence to go to market.”
VETERAN cyclist Junior Niles continued his dominance of cycling on the local scene when he won the feature 35-lap race of the 12th annual Laparkan Holdings sponsored 11-race cycle programme which was organised by cycling coach Hassan Mohammed,and staged around the outer circuit of the National Park yesterday.Niles, who along with Mark Harris, Brighton John and Paul Cho-Wee-Nam,broke from the group after two laps and established a sizeable lead.However,after the 20th lap, John dropped back while Harris, Cho-Wee-Nam and Niles continued to lead.John,before being outpaced, had captured one of the eight prime prizes that were up on offer for the eventWith six laps remaining in the fast-paced event, Cho-Wee-Nam, Harris and Niles were mixed with the stragglers and stayed with them until there were two laps remaining.They then surged ahead of the chasing pack and while heading for the finish, Niles outsprinted his rivals and was never really challenged.Harris,who finished second and Cho-Wee-Nam who settled for third,both put in creditable performances.Niles,who won one of the prime prizes,clocked one hour,18 minutes and 53.81 seconds in winning the race.Cho-Wee-Nam and Harris won two prime prizes each.In the race for the other top three places, Hamzah Eastman outsprinted Shaquille Agard to take fourth.Agard finished in fifth while Kemuel Moses came sixth.In other results from the day’s activity, John was the first to cross the finish line in the 10-lap race for juveniles. Second was Jaheel Jackson while finishing third was Raphael Leung.The three-lap race for mountain bikers was won by Oziah McAulley,ahead of Stephon Gobin, while John Niles won the two-lap race for BMX boys and Girls 6-9 years old.Jeremiah Harrison was the winner of the BMX boys three-lap race. Second was Shay Sue-Hang and finishing third was Zab James.Theran Garbarran won the three-lap race for boys and girls 12-14 years old, while Kennard Lovell was the winner of the five-lap race for veterans over 50 years of age. Second was Linden Blackman.Lennox Jackman won the five-lap race for veterans under 50 years of age,ahead of Junior Niles and ralph Williams,respectively.Prior to making the presentation of prizes to the respective winners, Human Resources Manager of Laparkan Holdings Limited,Lynette Shiwlochan,thanked cycling coach Hassan Mohamed for organizing the event and also congratulated the participants.Shiwlochan,who has been the company’s Human Resources manager for the past three years, expressed Laparkhan’s commitment to sponsoring the programme for years to come.Mohamed thanked the company for staying on board and noted that all the participants were winners, even though some may not have secured podium places.
Joseph Chen | Daily TrojanUndergraduate Student Government officers inform interested students about USG and Program Board in front of Tommy Trojan on Tuesday afternoon. Students who subscribed to USG’s mailing list or “liked” their Facebook page received a shaved ice in return. The event’s aim was to introduce new students to the organization.