Last chance to buy to be in by Christmas

The properties at 1-3/22 Smith Street Mooloolaba sold under the hammer this morning for $2.550 million with 6 registered bidders and 3 active bidders.

This was a special opportunity to acquire a piece of Mooloolaba's heritage in a prime beachside location with significant development potential.

The property, known as Tamari Court, was bought by a local developer who will bank the property for the time being with the future plan to add more high density living to this well loved pocket.

Marketing agent, Ray White Mooloolaba director Brent Higgins said the buyer was the immediate neighbour who owns numerous properties in the area which he will amalgamate and develop.

“This property formed a key piece to the buyer’s overall plan for Mooloolaba as we desperately need more high density living here. The sale also represents a new record per square metre at $4200/sqm.”

The property features two original holiday units and a residence on land owned by the same family since 1971.

Mr Higgins marketed the property for Linda Parsons and her brothers Ron, Thomas and Frank.The siblings had owned the property for about 20 years following the passing of their parents.

“I am so impressed with Brent Higgins and James Goldsworthy. They are both such amazing agents, and so easy to work with. I am sure our mum, Marie, will be looking down and happy that we have sold. It’s been a well loved family property with various children and grandchildren using the flats. And it’s been a Ray White rental too. The auction was nerve wracking but the team did a great job and now I am celebrating with champagne.”

The proposed SEQ Regional Plan zoning changes presented an exceptional opportunity for this site.

The introduction of mixed-use zoning with buildings allowed up to 28m recognises Mooloolaba's status as a high-amenity area with excellent infrastructure.

Ms Parsons said her parents (Marie pictured above in the chair) purchased the block with dreams of building their family home.

"They were going to build a house but then they decided to build a home at the back and two holiday units at the front," Ms Parsons said.

Ms Parsons said her family’s story was woven into the fabric of Mooloolaba's history.

Her grandfather owned the first two ice works factories in Mooloolaba and Maroochydore, serving the local fishing industry that once defined the coastal community.

Growing up in the area during Mooloolaba's transformation from a quiet fishing village, Ms Parsons and her siblings enjoyed an idyllic beachside childhood.

"We lived close to the beach - every afternoon after school we would walk across the road to the beach, or down the other way and swim across the river before the canals were built," she recalled.

"We had a great childhood and life - we just didn't realise it at the time." Ms Parsons said the property developed its own traditions over the decades, with the same holidaymakers returning year after year.

She said her father, a local fisherman, would supply guests with freshly caught fish, while they would reciprocate with fruit and vegetables - as many had travelled from farming areas.

Now in their 70s, the four siblings made the difficult decision to sell.

"It's been a tough decision, we have so many great memories here,” she said.

“Lots of our family have been involved in it at the time - lots of grandkids have stayed at the property over the years."

But Ms Parsons said its true potential lies in future development. "I think this little area is waiting to be developed, and it will be great for people as it’s a short walk to the beach and shops,” Ms Parsons said. "The area has developed so much over time. There were no high rise buildings when I was growing up in Mooloolaba." Download the high res photos here

Ray White, Australasia’s largest real estate group reported a preliminary clearance rate of 76 per cent nationally and had 630 auctions scheduled nationally.

The top auction sale of the day was sold by Ray White Glebe director Matt Carvalho who sold 405 Glebe Point Road, Glebe under the hammer for $4.815 million.

The auction with the most bidders was 26 Whitbread Ave, Klemzig which sold under the hammer for $1.230 million with 23 registered bidders with Adam Humzy of Ray White Prospect.

According to data from NurtureCloud, Ray White agents met 28,687 groups at open homes across the country today. The open home with the most attendees was 13/65 Baron Street, Greenslopes in Brisbane which welcomed 53 groups through. Kye Morrison from Ray White West End is running the newly listed two bedroom unit’s campaign.

Ray White NSW Head of Auctions Dave McMahon said it was another strong Saturday of auction volume with 229 scheduled auctions which is considerably up compared to the 193 this day last year.

“It may have been a slow start to spring but there are no signs of the market slowing down before the end of the year. We continue to see an increase in auction listings and are now well and truly outpacing last year. Although buyers are now being presented with more choice, we averaged a healthy 4.6 registered bidders today.”

405 Glebe Point Road, Glebe

• Sold under the hammer for $4.815 million

• 6 registered bidders, 5 active bidders

• Lead agent: Matt Carvalho - 0404 006 744

• Ray White Glebe

• Auctioneer: Tim Snell, Ray White

This grand Federation Villa residence was built in c1904 and stands as one of Glebe Point's finest residences. Mr Carvalho said Festival House was a landmark villa of rare beauty and scale on an unusually deep 345sqm with a 9m frontage and prized rear land access.

23 Johnson Street, Lindfield

• Sold under the hammer for $2,600,000

• 9 registered bidders, 5 active bidders

• Lead agent: Jessica Cao - 0466 877 260

• Ray White Upper North Shore

Ms Cao sold this property to its owners in 2019 for $1.348 million. “They have doubled their money in just six years. They wanted to knock it down and rebuild but in the end they decided to move on and another local family is moving in and will look to build their dream home.”

10 & 10a May Street Merrylands

• Sold under the hammer for $1,441,000

• 14 registered bidders, 7 active bidders

• Lead agent: Meshel Bahnam - 0478 664 123

• Ray White United Group

• Auctioneer: Alex Pattaro, Ray White

Ms Bahnam said a local investor won the keys today. “There were a lot of people at the auction as we had neighbours trying to buy in the street against lots of investors and developers,” said Mr Bahnam, noting houses with granny flats were incredibly popular. The seller was a local property investor who had owned the property for 16 years.

“I’m very happy with today’s results. Mesh and team did extremely well with the inspections and generating interests from the prospective buyers. I wouldn’t hesitate to recommend these guys and would gladly use your services again in future.”

116 Kings Road, Castle Hill

• Sold under the hammer for $2,703,000

• 7 registered bidders, 5 active bidders

• Lead agent: Benjamin Chen - 0466 899 555

• Ray White Castle Hill

In front of a huge crowd, 116 Kings Road, Castle Hill changed hands today for $2,703,000. With seven registered bidders, five of them active, competing strongly, placing 26 individual bids on this highly sought-after Gary Young–built home.

Ray White Castle Hill agents Benjamin Chen and Joel Simpson led the successful campaign, noting that while they had an exceptional property to present, it was the transparency and competitiveness of the auction method that ultimately delivered a premium outcome for both buyers and sellers.

Ray White Castle Hill Managing Director Phil Kelly said the seller had owned the home for about eight years and was predominantly an investment.

The purchaser was a young local family, already Castle Hill residents, who wanted a larger family home and were attracted to the school catchment. They viewed the home 6 times and have big renovation plans.

“Ben and Joel followed the auction process meticulously, and the result is a credit to them. Their execution today demonstrated exactly why auctions remain the most effective way to create competition and secure the best price for our clients.”

Mr Kelly added that this sale marks the third auction result achieved in Castle Hill this week, following a strong auction night on Thursday.

“Throughout 2025, we have focused intensely on refining our process and strengthening our local presence. As a result, we have now sold more homes in Castle Hill this year than any other agency, driven almost entirely by our strong auction strategies.”

Ray White Queensland Chief Auctioneer Gavin Croft said the auction market was as hot and steamy as the weather in Brisbane. “It’s 34° hot and steamy in Brisbane here today, after some very heavy rain overnight and it's almost that similar heat that we're seeing through the auction market,” Mr Croft said.

“It's been an extraordinary day right across Brisbane, whether you go west, east, north or south, high registration numbers, wonderful energy, some wonderful examples.” At 44 Subot Street, Jamboree Heights, for Steven Kremer of Ray White Centenary, we had eight registered bidders who fought that out, and it sold under the hammer for $1,290,000 to a buyer from Melbourne. “The buyer said she still sees wonderful value here in the Brisbane market, certainly coming from Melbourne so for her it was a no-brainer at that level to enter into the market and get her start here in Queensland.

At 42 Padgett Street, Carina sold under the hammer for $1,090,000 with four registered bidders fighting that one out. And 12 Lincoln Place, Parkinson sold for $1,652,000 under the hammer with Jason Song from Ray White Rochedale. “This was a huge auction with 13 registered bidders fighting this particular property out. Two people, locals looking to upsize, fought this one right to the death. So not only was it a hot day, let me tell you, the auctioneers did it tough in suits as the buyers sought shade and air conditioning where they could. And when they were cooled, that's when the bidding heated up.”

Ray White Collective auction event

Total value: $25,877,650
Total clearance: 75%
Total registered ridders: 48
Highest Price Achieved: 63 Melton Rd, Nundah $3,220,000
Highest number of registered bidders: 15/76 Minnippi Boulevard, Cannon Hill - 8
Ray White Collective CEO Haesley Cush - 0421 057 233

The Ray White Collective team - with residential offices in inner city New Farm, Bulimba, Toowong and Clayfield - cleared 74 per cent (17 out of 23 properties) booked for auction today worth $25.8 million.

There were 48 registered bidders at The Calile Hotel event today. There was the full buffet of property on offer. The highest price achieved was 63 Melton Rd, Nundah which sold for $3.220,000, and the most affordable price was $580,000 for 80/189 Leichhardt Street, Spring Hill.

Ray White Collective CEO Haesley Cush said there were two very strong areas of the market right now - prestige properties and units.

“Some of the strongest bidding I have ever seen in my life is on inner city units across Brisbane. There is a depth of buyers in prestige and in the units. The units, because of the lack of supply, and prestige because of the cost of construction. These are the major contributing factors which both come back to the costs of construction.

“This was our last Calile Hotel auction event for 2025 and this enables buyers to settle before the psychological deadline of Christmas. Today was really the day to buy to be in buy Christmas.

“These happy buyers will all go into the Christmas holidays knowing they have a property now as there’s no sign of this market slowing down in 2026. I saw buyers today shake their heads and say no more, and then they bid again.

“I saw bidders change their strategy during the auction as they had to, and then they were exhilarated and thrilled but there were also a lot of sad faces too. It's so tough right now.

“Prices are up 85 per cent in Brisbane in six years and there is no slowing down.”

6 Antill St, Wilston

• Sold under the hammer for $2.710 million

• 6 registered bidders

• Lead agent: Alistair Macmillan - 0410 636 221

• Ray White Wilston

• Auctioneer: Phil Parker, Ray White

Mr Macmillan said it was a competitive auction with a buyer’s agent opening the bidding at $2.43 million. “It was a busy auction, and pretty competitive up to $2.7 million and then the buyer increased to $2.710 million and then it sold.”

Seller Grace Carbone said bought the property in December 2022. “My partner and I work in the construction industry so we were always intending on doing a full renovation from top to bottom. “We lived in the house but we had to move out when we started the reno. We spent hours on the house, and every single weekend we were over there but it’s all worth it now.

We have bought another property through Al, so we are having another project on the job and we start on Monday. The auction was actually pretty chill for us. Al is a total professional. He has heaps of experience and he had a lot of buyers throughout the campaign. We had no hesitation at all in going to auction. Alister and Phil Parker were both awesome to work with.”

53 Kanangra Street, Stafford

• Sold under the hammer for $1.350 million

• 10 registered bidders, 4 active bidders

• Lead agent: Holly Bowden - 0431 922 110

• Ray White Wilston

Top agent Holly Bowden (pictured above) with her happy buyer at 53 Kanangra Street, Stafford. The buyer only came through the property for the first time today after she just missed out at another of Holly Bowden’s auctions two days ago. “She was stoked, she wanted to be near her sister and this property purchase has helped her do that,” Ms Bowden said.

19 Holmesbrook Street, Ashgrove

• Sold under the hammer for $1.78 million

• 8 registered bidders

• Lead agent: Holly Bowden - 0431 922 110

• Ray White Wilston

Vicki said they found the whole auction process “amazing, amazing, amazing” and “Adam was selected from a big lineup. We chose Adam out of eight real estate agents because of his charm and knowledge.”

“Adam was very professional and showed a depth of knowledge and experience. Fantastic,” Sam said.

“Auction was always our option to be honest. Because it throws more variables in there. It opens it up to buyers who really want to buy. Adam was very mellifluous!

23 Olveston Avenue, Beverley

• Sold $1.355 million

• 7 registered bidders, 4 active

• Lead agent: Peter Kiritsis - 0411 501 520

• Ray White Woodville

2/159 Walkerville Tce, Walkerville

• Sold under the hammer $855,000

• 8 registered bidders, 5 active bidders

• Lead agent/auctioneer: Elesa Wood - 0401 676 684

• Ray White Norwood