A VIEW FROM THE GOLD COAST

I’d like to start by firstly congratulating the talented team at the Gold Coast Panache Magazine on an outstanding inaugural edition. We are indeed proud to be their exclusive real estate partner and each edition contribute insightful market updates and a showcase of extraordinary properties.

It has most certainly been a scintillating Spring season for real estate. Our lifestyle state [across all markets] is enjoying one of the best bull runs in property, one not seen for more than a decade. Queensland is enjoying the rise and rise of property values, many returning to pre-GFC levels, and beyond.

We’re seeing high-net-worth clients continue to spend money on anything luxury, and luxury property is no exception. Our list to sell ratio hit 93.1 per cent for the June-July-August period. This is unprecedented and reflects the number of buyers in the market.

Property price records have been toppling left right and centre. Not just street records, but suburb records. Our $4.3m sale of a Bellara St, Ashmore property hit a suburb record, as did our sale of a villa in Hughes Ave, Main Beach at $2.9m. And not to overshadow these exceptional results, last week’s sale of a Noosa property that we were comarketing achieved $16.45m at auction, a new Queensland record.

But the question on everyone’s lips is: will the strength in the market end, or at least cool? The short answer is yes, we’re seeing signs of it cooling, but the underlying factors at play for Queensland property remain strong – cheap money, amazing lifestyle, workplace changes, and incredible value for money.

Looking into 2022, I believe Queensland will continue to be in a rising market for the first two quarters at least, with low inventory levels and a plethora of buyers ready to execute, keeping the heat on prices. A federal election in March [as mentioned by the politicians] will be the first of the real cooling factors, followed closely by international travel building up momentum and taking the focus away from all things domestic.

I’ll close by wishing everyone a wonderful holiday season filled with laughs, joy and of course great health.

PAUL ARTHUR

CEO Queensland Sotheby's International Realty 1300 QLD SIR (753 747)

NOTHING COMPARES.

Ultimate Secluded Natural Sanctuary

If you’ve ever longed to escape to your very own secluded slice of serenity - one that epitomises peace and privacy and truly leaves you feeling like you’re far removed from the everyday world - then this idyllic sanctuary is for you. Nestled in nature on a supremely elevated 8837sqm block and backing onto crown land at the rear and side, this is where you’ll come to restore your senses.

4 3 7 1

1 Carapook Crescent,

Tallebudgera

For Sale Expression of Interest

View By Appointment

NOTHING COMPARES.

Glamorous Oceanfront Home

One of Port Douglas’ most significant residential real estate holdings and a glamourous home with unparalleled Coral Sea views comes to market for the first time in almost 20 years. Entering Captain Cook at Pebbly Beach one-acre gated grounds up the sweeping driveway through the lush native landscape, it is apparent that something special lies ahead, and there is.

5 3 3 1

5247 Captain Cook Hwy,

Port Douglas

For Sale $4,500,000

View By Appointment

NOTHING COMPARES.

One of Queensland’s Finest Trophy Homes

Set in 2,001 sqm of lush landscaping, this sprawling 1,239 sqm home offers timeless elegance for family living and superb entertaining. The extraordinary prime northern aspect riverfront home with an 84 metre Boardwalk/pontoon/wash-sink area and an impressive Pavilion style indoor/outdoor space, give unsurpassed expectations in one of the world’s most desired international destinations.

5 6 3 1

7 Minyama Island,

Minyama

For Sale Contact Agent

View By Appointment

Paul ARTHUR

WHERE WERE YOU BORN AND EDUCATED? I was born in what’s more commonly known as the “Shire’ in NSW. Raised and educated in a suburb called Gymea. I stayed in this area until I was 22, when I made the bold move to head to Brisbane with my then company. WHAT WAS YOU FIRST JOB? My first job was as a ‘runner’ in the logistics / transport industry. I remained in the logistics industry for 30 years, working my way through the corporate ranks and finally retiring from the industry as Senior Vice President for a major global company – overseeing 18 countries and 4000 employees. EARLY AMBITION? My early ambition (at 16 years old) was to become a professional soccer player. I spent time with two of the biggest clubs in Britain – Manchester United and Glasgow Celtic. In the end, whilst I had the desire, I simply didn’t cut the grade. I returned back to Sydney and became more focused on building a career outside of football. YOU’VE WORKED AROUND THE WORLD IN TOP MANAGEMENT POSITIONS – TELL US ABOUT SOME OF THOSE ROLES AND SOME OF THE LESSONS YOU HAVE LEARNED ALONG THE WAY? I was very fortunate to spend 23 years with one of the most incredible USA Public Corporations – Expeditors. When I moved from Brisbane to the USA my career and opportunities really took off. I held various senior executive roles, including Vice President West Coast, which was an amazing position and gave my family the opportunity to experience both Los Angeles and San Francisco. The single biggest lesson I learnt along the way was how to manage and treat people – how to build a culture of “team” and leave your ego at the door.

HAVE YOU HAD ANY SPECIFIC MENTORS WHO HAVE HELPED AND GUIDED YOU ALONG THE WAY? I was very fortunate to have been surrounded by the best mentors including Peter Rose and James Wang – the two founders of Expeditors. My friend and mentors Gene Alger and Karl Francisco – both of whom had a huge impact on my career. More recently in the Real Estate world I have loved listening to Michael Pallier from Sydney Sotheby’s and the New Zealand Sotheby’s founders, Mark Harris & Julian Brown. All of them have the ability to break down this business into simple steps of execution.

EVERYONE HAS A DIFFERENT MANAGEMENT STYLE – DESCRIBE YOURS? I’d like to believe my style is “firm...but fair”. I also enter every relationship truly wanting the best for that individual. WHY THE SWITCH TO REAL ESTATE? After 30 years in the logistics industry, travelling the world (which is not always as romantic as it appears), it was time to support my family with their passions, and goals. We moved to the Gold Coast to provide an opportunity for our sons at TSS. I was ready for a second career and the opportunity to bring Sotheby’s International Realty into the Queensland market was too good to pass up. Both my wife at the time and I had a personal passion for all things property – it just made sense. Five years later we have six offices and sell some of the most respected and valued properties across Queensland. We’ve managed to build a small-scale, but very impactful, dedicated teams – just the way we wanted it. WITH A BUSINESS BACKGROUND AWAY FROM GOLD COAST REAL ESTATE, WHAT IS THE POINT OF DIFFERENCE YOU BRING? I moved from one service industry to another so I understand the value and how to deliver the ultimate in client experience. I know I can achieve that with Queensland Sotheby’s. My team and I have an ethos of the relentless pursuit of excellence.

DO YOU HAVE A SECRET SKILL OR UNUSUAL HOBBY? Sadly no party trick, but I am working on getting into Triathlon’s – which I’m enjoying at the present.