the tone for the year ahead . Others have likened it to the opening act of the real estate season . Exclusive to their office and now trademarked in Australia , The Event stands as yet another pioneering concept birthed by their team . The Event 2024 surpassed all expectations . It shattered records across the board , boasting the second-highest number of properties listed for market . Their marketing campaign alone garnered over 530,000 online property views , resulting in more than 5,800 inquiries and 3,500 physical inspections . Auction day witnessed over 2,000 individuals passing through the auction rooms .
Over in New Zealand in late January , the weather was hot and the auctions were even hotter in Auckland . Ray White New Zealand sold more than $ 56 million in property under the hammer across two massive auction events . The Day auction event in South Auckland and The Event on the North Shore were very successful . Ray White New Zealand lead auctioneer Sam Steele , who called The Day auctions alongside Ray White auctioneer Ben East said the events were testament to the group ’ s strength as a leading auction business . These were milestone events for Ray White Zealand with 109 properties auctioned across two venues . Ray White Manukau , Manurewa , Mangere , and Mangere Bridge ’ s January auction event further enhanced their position as the market leaders in auctions .
There were more than 50 auctions called over 10 hours , which saw 33 properties sold . Incredibly the South Auckland event delivered over 300 registered bidders with more than 90 per cent of properties enjoying active bidding .
The Day saw 51 properties go under the hammer from Ray White Manukau , Manurewa , Mangere , and Mangere Bridge , with an impressive 64 per cent of properties sold under the hammer – worth more than $ 29 million in total .
The Event saw 13 Ray White businesses come together across the North Shore and Hibiscus Coast – including Ray White Albany , Beach Haven , Birkenhead , Birkenhead Point , Forrest Hill , Glenfield , Manly Peninsula , Mairangi Bay , Orewa , Pinehill , Silverdale , Takapuna and Verrans Corner – to schedule 58 properties to go under the hammer yesterday , with an auction day clearance rate of 36.2 per cent .
As it stands , 93 properties were sold through the program , raking in $ 97.7 million to date . The success of The Event 2024 underscores the enduring strength of the Gold Coast real estate market . The driving force behind this market phenomenon is the high demand from buyers outweighing available properties . Auctions provide a fair platform for buyers to secure properties at prices they ’ re willing to pay , serving as the ultimate test of market value .
Interstate buyers comprised the majority of our bidders , signalling the Gold Coast ’ s status as Australia ’ s lifestyle capital . They not only value our properties for their intrinsic worth but also for the unparalleled lifestyle opportunities they offer .
The Event saw more than $ 27 million in property sold .
The Event on the Gold Coast is by far Australia ’ s biggest auction event . Andrew Bell of Ray White Surfers Paradise said it was an incredibly busy January , capped off by the 30th anniversary of The Event . The Australian Financial Review hailed The Event as the litmus test of the Australian property market , setting
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