Currumbin Waters units fastest-selling on the Gold Coast

first_imgThis two-bedroom apartment is on the market at 39/56-70 Guineas Creek Rd, Currumbin Waters. Slowest-selling units READ MORE: Luxurious Mudgeeraba estate poised to set suburb record Currumbin Waters — 16 daysBilinga — 23 days Mudgeeraba — 25 days Clear Island Waters — 26 daysMermaid Waters — 27 days Currumbin houses are some of the Gold Coast’s slowest movers, taking an average of 85 days to sell. More from news02:37International architect Desmond Brooks selling luxury beach villa12 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoThe quick sales are going against the grain, with CoreLogic’s quarterly regional market update revealing properties are on average taking two weeks longer to sell than they were a year ago.The report, released this month, showed Gold Coast houses take an average of 74 days to sell while units spent an average 90 days on the market. Ray White Mermaid Beach agent Troy Dowker said properties which sat on the market for an extensive period of time had unrealistic price expectations. “Listen to the market feedback in the first 30 to 45 days because that’s a critical time to make an informed decision,” he said. “Have realistic expectations from the outset.“Everything is price sensitive. If a house or unit is perceived as good or fairly priced the product will transact well.” Fastest-selling houses Currumbin Waters is home to the Gold Coast’s fastest-selling properties. Gold Coast buyers are quick to pounce on Currumbin Waters units, latest figures show. The suburb’s units are the fastest-selling properties on the Glitter Strip, spending an average of just 16 days on the market, according to CoreLogic. Units in Bilinga, Mudgeeraba and Clear Island Waters are also proving popular, with buyers snapping listings within 26 days on average. Lagging behind, houses in Wongawallan spent the longest time on the market, taking an average 115 days to sell. Currumbin houses were also among the Gold Coast’s slowest sellers, alongside units in Hollywell, Molendinar and Runaway Bay. Hollywell — 94 days Molendinar — 92 days Runaway Bay — 86 days Southport — 80 daysHope Island — 79 days Slowest-selling houses 32 Panorama Drive, Currumbin went against the grain and sold after 56 days for $1.8 million. Fastest-selling units Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p360p360p216p216pAutoA, 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 Rate1xFullscreenWhy location is everything in real estate01:59 Merrimac — 25 days Springbrook — 27 daysNerang — 27 days Elanora — 28 daysTugun — 28 days LJ Hooker agent Mishy Canning said savvy buyers sought the area out as it offered bang for buck.“It is still affordable,” she said. “If you put the same sort of unit in Currumbin or in Palm Beach it would double in price. “The area does offer a fair bit too — schools, more cafes, breweries. “You certainly get more for your money in the neighbouring suburbs behind the coastal strip.” 30/56-70 Guineas Creek Rd, Currumbin Waters sold for $512,000 after just 13 days on the market. Ray White Tugun principal John Parkes said Currumbin Waters was increasing in popularity, with its affordability leading to speedy sales. “The whole mentality around Currumbin Waters has changed,” Mr Parkes said. “It’s now an area people are driven to and has become a lot more popular overtime. “It has a very good mix of buyers in the marketplace … and has had a lot of growth over the last 12 months which reflects well for both buyers and sellers.” READ MORE: Isle of Capri house snapped up in multimillion-dollar deal 118 Crest Hill Drive, Wongawallan, spent 379 days on the market before fetching $1.35 million. Wongawallan — 115 days Currumbin — 85 days Hope Island — 81 daysTallebudgera Valley — 73 daysLower Beechmont — 72 dayslast_img read more

UWI Senior Executives to Donate Part of their Salaries to Student…

first_imgThe executive leadership of the university includes the vice-chancellor, campus principals, pro vice-chancellors, the university bursar and the university registrar. “The principals across the UWI’s five campuses stepped up in developing remedial projects to confront this reality and to restore the level playing field provided by the physical classroom culture. The UWI alumni have been called upon to participate in fundraising and philanthropists have also responded by donating hundreds of tablets,” the UWI said in a statement. It said the student hardship fund is aimed at promoting equity of access for all students. The university also said that the fund also allows for additional counselling services as the region continues to deal with the coronavirus (COVID-19) pandemic. Vice-Chancellor, Sir Hilary Beckles said the move by the executive leadership “is another part of the UWI CARES project, designed to empower any excluded element of the student body”. The region’s premier tertiary institution said that the rapid transition to online teaching in response to the spread of COVID-19 has highlighted the severity of challenges facing “financially and socially marginalised students.center_img “With a student body of close to 50,000, at least 10,000 of them are believed to be functioning in a social circumstance that makes it excessively difficult to participate equally and equitably in this moment of digital intensification,” the UWI statement noted. KINGSTON, Jamaica – Several senior executive members of the University of the West Indies (UWI) Monday committed themselves to donating a percentage of their salaries, for the next three months, towards a student hardship fund. CMClast_img read more