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A P A R T M E N T I N S I D E R1 J A N 2 0 2 2 - 3 1 M A R 2 0 2 2

last year. The suburb sales record was broken when wesold a fully renovated Hamptons Inspired two bedroomapartment in Beach Haven for over $2,000,000 afterreceiving multiple offers within 72 Hours of listing theproperty. A building record of more than $645,000 in lessthan 12 months. This shows once again that buyers will paya premium for uninterrupted ocean and beach views –even in older buildings. ‘Position, position, position’ retains its position as thenumber one criteria that premium buyers have uppermostin their minds when shopping. During the Jan. – Mar. quarter last year apartment sales inBroadbeach equalled 173 with approximately double theamount of apartments on the market. This same quarter just finished with 141 sales – only 32 lessthan the same period last year to date which clearly showsthe critically low stock levels. So like the Dec. – Jan. quarter even though stock levelswere well down the buyer demand compensated and atrecord levels once again !BUILDING PERFORMANCE HIGHLIGHTSLike the last quarter the two standout performers onaverage $m2 sale increases quarter on quarter have onceagain been the two towers of The Oracle and BeachHaven. Straight off the back of 20% increases across one,two and three bedroom apartments prices on averagerose another 5% as buyers struggled to find stock to buyand thus competition once again led to price growth. By example, we sold both 2204 and 2304 in Tower One fora record $1,455,000 each for mid level, two bedroomapartments in the Tower – the former selling within 4 daysand the latter within 48 hours of going live online. Another two bedroom sale worth mentioning is 2802Oracle which we just sold for $1,555,000 unfurnished MARKET UPDATE Welcome to our Q3 wrap for FY 2021/’22 and a HAPPYEASTER, ANZAC day and QLD LABOUR DAY to you all !Well - the market here in Broadbeach has simply been‘smokin’ since our last quarterly report, apartment priceshave been reaching heights unheard of since pre-GFCtimes. Southern buyer demand has been simply voracious asVictorian and NSW buyers in particular have competedferociously for supremacy in the Gold Coast apartmentmarket which has also experienced some of the loweststock levels ever seen on the GC. A true ‘perfect storm’ forsellers with eager buyers lining up on virtually eachapartment listing. Many apartments were sold before being listed online { ‘offmarket’ sales }. These occurred regularly as some ownerstook advantage of the hot market and an increasingamount of cash buyers. The opening of state borders along with the internationalborder has seen a huge increase in tourists streaming backinto the Sunshine State with the GC snaring the lion’s shareof the influx – a just reward for the many, many darkmonths of Covid.As we write this however, enquiry has slowed a little due inpart to the upcoming Federal election and the uncertaintyof future government that it brings and the possibility ofmultiple imminent rate rises. Enquiry may have slowed but prices are holding firm.The message for potential sellers is still clear – if youwould like a premium price for your apartment then NOWis the time to go to market so certainly don’t delay !SUBURB SNAPSHOTWe have had some simply amazing sales in this thirdquarter that mirrored the hot run up to Xmas in December

INTRODUCING ...We are excited to introduce and welcome Chloe to theBroadbeach Luxury Sales team. Some of you have had the privilege of meeting Chloebefore as she completed some work experience with uslate last year and also spent the last 3 years at ULTIQAAir on Broadbeach as a Guest Relations Agent and alsoAccounts Manager for the holiday letting side.Chloe has always shown a passion for client servicesand property and we were thrilled to spend time withher, giving her a look into the day of a realtor. Her eagerness to learn, perfectionism and drive tosucceed in real estate definitely shone through andafter completing her full real estate license we had tooffer her the opportunity to be a valued member of ourteam.Chloe will manage our administration and clientrelations side of the business and assist with day to daysales activities in preparation of becoming a sellingagent within our team.CHLOE WARE | 0449 718 060Executive Sales Associate & LREAin 72 hours. The owner happy to accept an offer $335,000higher than what she paid for the property in October lastyear. As we write this we have also just settled a wonderfulOracle sky home on the 37th level for $12,500 m2 – proofthat the market is still very strong for the right product.As mentioned above - Beach Haven just goes fromstrength to strength as demonstrated by our sale of 22A for$2,001,146. This equates to $15,160 m2 which is more thantwo bedroom sales are achieving in many new buildingscoming out of ground in Broadbeach. It proves that ameticulous renovation of apartments in prime locations [ i.e.with unobstructed, never to be built out views ] can stillyield the seller a great result. The key is the absolutequality of the renovation as discerning buyers are lookingfor an ‘as new’ product upon completion.THE FUTUREBroadbeach [ as we write this ] is heaving under the influxof the Easter crowd of not only interstate visitors but alsothe ever increasing arrival of tourists from overseas onceagain ! Covid [ no matter what strain ] appears to havebecome mainstream now and most people just accept thatit is here to stay and it’s simply time to get on with our livesin spite of any risk. It certainly hasn’t affected property salesin general but rather has shone the spotlight on SEQueensland as the place to live and the Gold Coast is at theepicentre of that attention. Our restaurants and shops are now bouncing back andthings are returning to a ‘new normal’. Even though the upcoming Federal election and interestrate rises will undoubtedly slow the rate of enquiry weexpect that this will be short lived and that those buyerswho sit back waiting for apartment prices ‘to crash’ may besadly disappointed.Good stock is good stock and the market always dictatesthe price of that stock. For the foreseeable future inBroadbeach we believe that the market will continue tobe solid with perhaps a ‘levelling off’ but certainly not a‘crash'.As always - should you be thinking about selling or justwanting an honest appraisal please reach out to us. Many of our sales are now happening before we even havean opportunity to get an apartment online as buyers whoare receiving our ‘early warning’ on potential listingscontinue to put their hands up quickly for available stock.Please ensure that you are on the list to receive the sameopportunities !Regards,Kylie and Anthony.

Highest ONE Bed Sale$807,000Air On BroadbeachHighest TWO Bed Sale$2,200,000EclipseHighest ONE + STUDY Sale$710,000The WaveHighest Sale price $3,370,000Median Sale Price $758,000Lowest Sale Price $320,000Total number of Apartments sold 1411 S T J A N U A R Y 2 2 - 3 1 S T M A R C H 2 0 2 2Source: Data obtained between 1 January 2022 – 31 March 2022 from Corelogic RPData, SUBURBSNAPSHOTHighest THREE Bed Sale$3,370,000Oracle Tower One

DEVELOPMENTWATCHLISTDisclaimer: We have in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate but acceptno responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur throughout this report. Allrecipients should make their own enquiries to verify the information contained herein. Sources: Domain.com.au, Realestate.com.au, GCCC PD Online andUrban,com,au.

SALES BY BUILDING

SALES CONTINUED ...Disclaimer: We have in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility anddisclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur throughout this report. All recipients should make their own enquiries toverify the information contained herein. This Broadbeach Property Insider Report includes an overview of sales that have taken place from the 1 January 2022 – 31 March 2022 byall agents. Broadbeach Luxury Sales is simply reporting the sales activity.

WHY ADVERTISING IS A MUST IN 2022BLS - PEPPERS ORACLE & ULTIQAPROPERTIES ADVANTAGENo one knows The Oracle or the ULTIQA Broadbeach buildings like us andcertainly no one sells as many apartments. We have also achieved the verybest sales dollar value per sqm for our sellers versus all other agencies.Broadbeach Luxury Sales may be the new boutique agency on the block butwe are big on reach, client management, marketing and energy. If you havebeen waiting and watching - Now is the time to list and sell as prices haveincreased by up to 30% due to interstate demand!WHAT IS YOUR APARTMENT WORTH ?Simply contact Anthony or Kylie to find out. As proactive and local sellingagents in Broadbeach, you can trust Broadbeach Luxury Sales to give you anaccurate appraisal price based on the most recent sales and buyer activity.Simply SMS 0400 004 824 your Name and Property Address and we canSMS a link to your exclusive PRICE UPDATE REPORT the same day.With pent up buyer demand for properties it is important to advertise yourproperty across multiple mediums in order to capture the greatest audiencegiving you the best opportunity of selling for the highest possible price. Whilstagents have waitlists of buyers for properties like yours, you will never know ifa higher price could have been achieved without investing in advertising theproperty. When you sell your next property, think of advertising as taking outinsurance. We never get a second chance at making a good first impression.Broadbeach Luxury Sales presents you with a marketing programme thatgets the best price. Enquire with us today!

STAMP DUTYQUEENSLAND STAMP DUTY VERSUS NEW SOUTH WALES AND VICTORIA "My wife and I recently sold our apartment in Beach HavenBroadbeach and we appointed Kylie Dowse as our sole agent. Thesale price gained was far beyond our expectations and we owe thisto Kylie's diligent professionalism and honesty. She kept us up todate and well informed during negotiations of the sale. Kylie haspreviously bought and sold properties for us with equally positiveoutcomes. I would have no hesitation in recommending Kylie toanyone wishing to buy or sell their property.." - P&J Fraser -Beach Haven - Seller

J A N U A R Y - M A R C H 2 0 2 2A S E L E C T I O N O F P R O P E R T I E SS O L D B Y K Y L I E & A N T H O N Y22A Beach Haven 2304 Oracle3703 Oracle2204 Oracle 3201 Oracle11C Beach Haven20506 Oracle 2802 Oracle7 North Surf

BROADBEACHSKYHOME SPECIAL We are often asked what makes an apartment a Sky home.Quite simply it is a modern day real estate term for a largethree bedroom plus study or multi purpose room apartment ina high rise building. If you are looking for a larger than normal three bedroomapartment you are best to look out for listings in both OracleTowers, Carmel By The Sea and Bel Maison in Broadbeach. There are a number of new project opportunities also as thedemand continues to grow for larger home sized apartmentsin Broadbeach.WHAT IS A SKY HOME ?Read on for a selection of Sky Homes currently for sale ....

RARE NORTH SKYHOME4301 The Oracle, Tower OneInterest from $3.5million Only three of these large 238 m2, ‘T type’ sky homes exist in Tower One of The Oracle and thisis your opportunity to own one on level 43 !Wrapping right around the north corner of the front tower of The Oracle these sumptuouslayouts offer 270 degree views from the NE right around to the SW so whether its ocean, cityskyline, main river or hinterland views you’re after you simply will not be disappointed.Perched on a sunny and warm high floor, this Oracle sky home is positioned in the premierbeachfront tower on level 43 and comes fully furnished.With three bedrooms, three bathrooms, separate dining and a media room this apartment hasa sprawling open plan layout with wrap around balconies taking in spectacular views of theocean, city lights and golden sunsets.SELLING

TWO LEVEL PENTHOUSE 2182 Bel Air NorthExpressions Of Interest These established, incredibly spacious, two level penthouses very, very rarely becomeavailable in beautiful downtown Broadbeach so this one is worthy of your attention !Spread over levels 18 and 19 in the beautiful Bel Air complex this truly family sized apartmentcan accommodate everyone comfortably whether it be you entertaining a large gathering offriends on your incredible ‘al fresco’ roof top terrace or the entire extended family when theycome to visit [ as surely they will once you own it !] The views from either level are simplyoutstanding and cover a full 180 degrees from pure north to Surfers Paradise, then east to thePacific Ocean and finally south to Burleigh and Coolangatta … AMAZING ! At approximately 300 m2 this outstanding penthouse is beautifully proportioned and will suitthe downsizing owner occupier, family or the investor.SELLING

BIGGER IS BETTER 3505 The Oracle, Tower One$3,375,000 Situated on the 35th level of the Oracle’s beach tower this sprawling 262 m2 apartment is youropportunity to own a truly spectacular 3 bedroom, 2.5 bathroom PLUS study and media roomproperty right in the heart of Broadbeach. This amazing sky home is one of only three of thisparticular floor plan in the Oracle and they very rarely come onto the market. The moment you enter your eye will be drawn immediately to the incredible view south toBurleigh Heads and then onto Coolangatta and beyond. Look to the right and the peak of MtWarning beckons. When standing in the dining area the Main river and canals offer yet anothervista altogether. Because the apartment bends through 270 degree views it simply doesn’tmatter what room you are in - you will ALWAYS have a spectacular view.SOLD

OCEAN VIEW DELIGHT3703 The Oracle, Tower One$2,725,000 This well appointed 218 m2 three bedroom sky home has undoubtedly ticked all the boxes forthe buyers who have just settled on this gorgeous skyhome which they will begin to refurbishand call home. It’s absolute east ocean aspect means that the views from every room are simply spectacularand its simple open plan design makes for easy living. With two balconies, a family room and astudy nook plus a well equipped entertainers kitchen this luxurious property has all basescovered.SOLD

During Covid we have been continually asked for advice as to what provides the best return on lifestyle apartment investmentshere in Broadbeach going forward given the present situation with vaccination rates and borders finally opening up. When Covid began Short Term Holiday Rental and Hotel guest traffic almost completely disappeared - investors swung acrossquickly to permanent tenants as a source of some income albeit at much reduced rates. Now that borders are open andlockdowns are [ supposedly ] a thing of the past we have seen the past Christmas / New Year and Easter period with recordoccupancy rates almost in line with pre-Pandemic levels and investors are moving back to the higher income levels affordedvia Short Term Holiday Rental (STHR).As always it essentially comes down to two factors … [1] Owner usage and [2] Expected or required Return on Investment (ROI).Many investors like the surety that a tenant provides as they don’t seek to stay in the apartment themselves for holidays. Thebanks also will ask for potential rental income appraisals as part of the lending process and it is these numbers upon whichthey will determine loan to value ratios and repayment capability as long as the initial valuation stacks up as investing in anapartment in the heart of Broadbeach in an apartment building complex is typically a long-term lifestyle investment. Accordingly, you need to consider first and foremost if you would like to use the apartment just for family vacations oreventually move into the apartment as a second or primary residence. The answer to this question will ultimately impact yourROI – the more owner usage the less the expected gross returns will be. Owners who do not use the apartment themselveswill sometimes opt for the surety of having a permanent tenant in place which gives a consistent income. However, returns canbe much, much higher under STHR agreements even though management fees, cleaning costs, linen hire, insurance andcouncil rates may be higher. Add this much higher rate of return to the other positive factor – that your investment apartment iscleaned between each guest changeover allowing damage to be picked up quickly and you have a ‘win, win’ scenario forinvestor owners. If you are re-considering your investment options then best to check the By Laws for your building re : STHR and then speak toyour building manager. You can then email us and we will forward you our recommendations for property managers inBroadbeach to contact for your apartment.WHAT SHOULDWE DO? HOLIDAY LETTING VSPERMANANT TENANTTIPS TO PREPARE YOUR APARTMENT FOR SALESET THE SCENEHire a property stylist and giveyour apartment extra appeal.CLEAN AND BRIGHTKeep balconies and windowsclean inside and out.FRESHEN UPnew carpet, lighting and freshlypainted walls add value andreduce the number of days onmarket.NEUTRAL VERSUS COLOURAdd a pop/accent colour withaccessories to go from drabto fab.CUT THE CLUTTERLess is more. Start packing early.FIX ITFrom leaking taps to a brokenlight bulb, make sure minorrepairs are taken care of.

5Want more great tips – visit www.broadbeachluxurysales.com.au to downloadyour free copy of our ‘Tips to Selling’ booklet with all you need to know aboutselling your Broadbeach, Queensland apartment. Create competition amongstbuyers early to reduce thenumber of days on market byAuctioning the property orremoving the price.THINKING OF SELLINGConsider these five vital steps to selling your Broadbeach apartment for a premium price. 1234Understand the Buyer’sperceptions of value and beopen to negotiationsAppoint experienced sellingagents who specialise inBroadbeach sales for the bestchance of selling at thehighest possible price.Take a proactive and engagingapproach to marketing … ‘cast anet not just a fishing line.’Advertising is like taking outinsurance on your sale. CONSIDER BLS ...RESULTSLOCALSKNOWLEDGERESPECTEXPERIENCEDATABASECONNECTIONOver $200,000,000 in Broadbeach apartment sales alone.Anthony currently owns multiple apartments in Oracle and Kylie lives in theheart of Broadbeach in Air on Broadbeach with her young family. We intimately understand the Broadbeach and broader Gold Coast marketwhich gives buyers and sellers confidence and trust.From both buyers and sellers due to our professional upfront andhonest/transparent approach.We have more than 20 years experience in real estate sales.We have a fast-growing buyer database due to our presence, dominance,SEO and focus in Broadbeach. Strong relationships with onsite building managers and other managementcompanies, meaning ease of access to managed apartments for sale.

OUR APPROACHYOU AND YOUR PROPERTY ...At Broadbeach Luxury Sales it’s all about you andyour property. We go out of our way tounderstand exactly WHY each apartment inBroadbeach is as unique as it’s owner. The morewe know about the property the better placed wewill be to sell it for a premium price. With our local knowledge and expertise [ weactually live here ] we will take your property from‘for sale’ to ‘sold’ subject to current marketconditions and with the most effective marketingmethods available to ensure a premium result.The key to an outstanding result is a methodical,well-structured process that is designed fortoday’s time-poor, tech-savvy consumer.One of the highlights of the Broadbeach LuxurySales experience is the enormous time and carewe put into the detail required to tug at thebuyer’s heart strings, making them want toinspect, offer and buy.TOGETHER AS ONE TEAM SUPPORTING YOUALL THE WAY!Every client receives our complete process andsecond-to-none attention to detail, generatingthe very best outcome.Our understanding and commitment to findingand marketing every feature of your property andits location (we call this ‘liveability’) also increasesthe value in the eyes of the purchasingcommunity. It all adds up to finding your bestbuyer and achieving the best possible price foryou. There are no freelancers or agents competingwith each other in our business, just career-basedreal estate professionals looking after your assetand best interests. As an independent, team-based business, we all work as one to achievethe best outcome and make the entire processsmooth, stress-free and rewarding for you.Every service you could possibly need, fromfinance and conveyancing to property styling andtrades is at your service.

MOVING WITH THE DIGITAL TIMES ...We are a modern multimedia marketing agencyTargeted marketing is our specialty atBroadbeach Luxury Sales. As your sales team it isour job to generate energy and interest aroundyour property. We invested an enormous amount of time, moneyand professional training to migrate from atraditional real estate business to a modernmultimedia marketing agency. We are trained tofind and market the hidden dollars that are easilyoverlooked to the untrained eye.We know excellent property marketing movespurchasers. If a movie can make people cry, agreat video will make them share on social andbook an inspection.We know how to use technology to highlight allthe warm and fuzzy emotional triggers in yourproperty to enhance engagement withprospective buyers.We use the right words, images, videos, audio,floor plans, interactive technology andengagement tools to attract, involve and commitpurchasers. Our combination of digital andtraditional tools and techniques creates thecomplete marketing package. - 0 2 -CLIENT LONGEVITY ...At BLS we are about client longevity, not just thefastest transaction.We understand that selling a property can be acomplex and emotional journey for both sellersand buyers. For us, it's not just about getting theproperty sold - we are there with you from startto finish whatever you choose to do. If you are looking to upgrade, downgrade or buymultiple properties again on the Gold Coast, wewill do the research for you and help you to sellor secure your next asset or that ‘forever home.’We also have an extensive, connected networkof experienced real estate agents over the lengthand breadth of the Gold Coast and are alwayshappy to conjunct and refer to get our sellers andbuyers a great result.Kylie was very professional, friendly, easily reachableto ask questions. She helped make the purchase ofour apartment a pleasure, explained everythingclearly and has an immense knowledge as to what ishappening in Broadbeach, not only knowledgeablewith the apartments she is selling but others on themarket too. M FUST - Buyer

CONCIERGE PARTNERSWhether you're looking for your next solicitor, conveyancer, financier, interior decorator,property manager or a window cleaner in Broadbeach, below is a list of the mostreferred and shared businesses by our clients. PRESTIGE PROPERTY LAWYERSSanju ModiP: 07 55 922 222M: 0408 927 250E: sanju@prestigepropertylawyers.com.auW: www.prestigepropertylawyers.com.auGOLD COAST CITY SOLCITORSDave EvansP: 07 55 926 999M: 0414 383 336E: dave@gccsolicitors.com.auW: www.gccsolicitors.com.auNATIONAL FINANCIAL SERVICESBrokers In BroadbeachP: 07 55 393 351E: loans2@nfsaust.com.auW: www.nfsaust.com.auJACKSONS - JUST CLEAN ITJackson PerksSpecialises in Window and Pressure CleaningM: 0431 710 506W: www.justcleanit.com.auPARADISE INTERIORSKylie KimberleyE: kylie@paradiseinteriors.com.auM: 0451 512 151W: www.paradiseinteriors.com.auLOOK INTERIORS / STAGINGClaire BallM: 0419 643 290E: claire@lookinteriors.com.auW: www.lookpropertystyling.comBROADBEACH LUXURY STAYSChristine DrummondShort Term Holiday Management Alternative in Oracle BroadbeachM: 0433 608 900W: www.broadbeachluxurystays.com.auWALKER FINANCIALJacinta WalkerM: 0449 875 811E: jacinta@walkerfinancial.com.auW: www.walkerfinancial.com.auGOLDIE WINDOW CLEANINGIsaacSpecialises in Window CleaningM: 0424 101 106W: www.goldiewindowcleaning.com

Anthony has been in sales for over 35 years after beginning hisworking career as a school teacher and consultant.His qualifications and experience have helped him to developexcellent communication and interpersonal skills and to becomea top agent after an extensive career with international brands.Anthony and his wife, Cristine, own numerous properties in TheOracle where they live and also run a very successful Short TermHoliday Rental business - Broadbeach Luxury Stays.ANTHONY QUINNCO -DI REC TOR | LR EA Kylie is a real estate professional of rare integrity, passion anddedication delivering outstanding results for her clients over thepast 14 years. Compassion and genuine empathy work in harmonywith her exceptional sales and negotiation skills to consistentlyexceed client’s expectations.Complimenting her extensive experience guiding clients throughthe purchase and sale of properties, her architectural awarenessand marketing expertise add value and essential knowledge to anycampaign. Confident and ethical with a superb attention to detail and a localresident in Air on Broadbeach, Kylie is an outstanding asset toanyone selling their apartment.KYLIE DOWSECO -DI REC TOR | LR EAWe are pleased to welcome Chloe to the Broadbeach Luxury Salesteam. Having worked as a guest relations officer and accounts managerfor a leading holiday apartment building in Broadbeach, Chloe hasdeveloped exceptional customer service skills and a drive to furtherher career in Broadbeach through real estate. Her youthful calming, energetic and professional nature combinedwith her ambitious, confident and positive attitude make her avaluable asset to our business and our clients.CHLOE WAREEX ECU TIV E S AL ES ASS OCI ATE | LRE A

ANTHONY QUINNDirector / LREAanthony@blsales.com.au0431 959 581Director / LREAkylie@blsales.com.au0400 004 824KYLIE DOWSE@broadbeach_luxury_saleswww.broadbeachluxurysales.com.au