You’re invited to Brisbane’s most exclusive auction event of 2023 – the Prestige Auction Event on Saturday, November 25 at The Calile Hotel.
This specialised event is strategically tailored toward selling prestige property. Noone else manages pure prestige auctions like Ray White The Collective and this November in-room selling day is our flagship event.
If you’re a seller, buyer or simply have an interest in high-end luxury real estate, this annual event should be your market barometer.
For the past three consecutive years, the clearance rate at the Prestige Auction Event has exceeded 90 per cent. Why? The quality of the product, the event process, investment in the order of sale, and the level of expertise of all professionals involved.
November 25 is a carefully considered date, specifically organised at this time so both buyers and sellers are able to manage contracts and settlement around the Christmas period.
Already, prior to first open homes being held, interest has been significant. We’re speaking with local, interstate and international buyers including parties from America and Asia.
Expats continue to return home only to realise Brisbane is offering a greater family-family lifestyle and better value property than options south of the border.
Another element of market change here is the return of mainland China money into Australia, which we haven’t seen for a number of years.
Across recent Sydney and Melbourne premium sales ($30M-plus), I would say close to 80 per cent involve Chinese buyers.
It’ll be interesting to see just who is at The Calile on November 25, or tuning in online from elsewhere.
You’ll see a crowd of registered bidders with significant budgets in their pocket, hand-selected negotiators expertly working the floor, and arguably the country’s greatest auctioneer, Haesley Cush, leading from the front.
I sold eight of my nine listed properties under the hammer at last year’s Prestige Auction Event, which has dangled the carrot for a 100 per cent clearance this time around.
If you’re looking to buy, sell, continue to monitor the market or have an interest in blue-chip real estate then this is the event for you to attend.
Event Details:
Prestige Auction Event
Saturday 25th November
The Calile Hotel from 9:00am
I hope you enjoy the read.
Matt Lancashire