Shock jock Ray Hadley asking $2.2m for Gold Coast apartment

2GB broadcaster Ray Hadley has listed his redundant high-rise apartment on the Gold Coast. The three-bed, two-bathroom apartment is in the Spinnaker complex at Main Beach.

Ray Hadley’s apartment sits on the 20th floor of the 31-storey Spinnaker complex at Main Beach on the Gold Coast.

2GB broadcaster Ray Hadley has listed his redundant high-rise apartment on Queensland’s Gold Coast. The three-bedroom, two-bathroom apartment is in the Spinnaker complex at Main Beach.

It has been listed through Main Beach Property Sales agent Carmen Uruchurtu with a $2.2m asking price. The renovated 174sq m apartment is set on the 20th floor of the 31 storey complex taking in ocean, Broadwater and hinterland views.

The marketing advises Spinnaker is for residents only, with no short term holiday tenancy permitted. It is a pet-friendly building with body corporate ­approval.

The complex was an early 1980s venture between the Ron McMasterGroup, Hong Kong-based conglomerate Jardine Matheson and the South Australian group Fricker Carrington.

Hadley, who returns to the morning airways this week, holidayed at Main Beach with his wife Sophie during the break. He has periodically been on the Gold Coast when broadcasting his show, along with NRL State of Origin games for Nine Radio.

The apartment cost $1,225,000 in 2017.

The top rating broadcaster bought another Main Beach apartment last June, but has told friends he intends to secure a new luxury Gold Coast retreat for his retirement, which, after his recent contract extension, will come in December 2026.

Gold Coast shines

There was a bullish $4.45m apartment sale at a weekend Gold Coast auction.

Selling agent Tolemy Stevens from Harcourts Coastal Prestige had nine registered bidders for the Broadbeach apartment. The buyer of 8/5-9 Broadbeach Boulevard was from Brisbane, seeking a holiday home for the family. It was sold by a family in Sydney’s Bexley.

Vogue on Broadbeach.

The whole Vogue on Broadbeach fifth-floor offering has 322sq m space with three bedrooms plus executive study. With just 15 apartments, it was built around two decades ago by the Howard Group, headed by developer Mark Howard, the V8 Supercar driver.

“Typically we would see one to three genuine buyers at an auction within this price point,” Stevens says.

“The Gold Coast is shining and it’s the place to be.

“The demand is currently outstripping the supply, with record low levels of availability.

“I’ve never seen the market this strong in the 15 years I’ve been specialising in luxury sales.”

Sydney and Melbourne buyers constitute about 70 per cent of the buyers for his beachfront sales.

The Vogue on Broadbeach listing attracted over 5,000 views on realestate.com.au during its marketing. It last sold at $2.75m in 2016. Its first sale in 2003 was $2.5m.

Hendra on a high

Queensland’s top advised auction result was in Hendra, in Brisbane’s inner north.

Tom Lyne of Ray White secured the $5.34m luxury home sale to a family from nearby New Farm. The price was $340,000 over the recent $5m Hendra suburb record.

Four of the six registered bidders competed for the four bedroom, three bathroom offering on 1012sq m at 61 Goodwood St, opposite TC Beirne Park.

The luxury home on Goodwood Street, Hendra.

Lyne advised there had been “aggressive bidding”.

Five of the buyers were locals, with one from Hong Kong who flew in “ahead of moving back to Brisbane soon”.

The modern Tim Stewart-designed home had traded in 2017 at $3.15m, when its auction drew 10 registered bidders, but falling short of Hendra’s then $3.5m suburb record.

Clearance rising

The national clearance rate rebounded to a five week high, up from 70 per cent to 74.5 per cent amid winter auction volumes easing for the third consecutive week.

The 1418 homes auctioned across the capital cities last week was 8 per cent below the prior week’s volume, and around 13 per cent lower than the corresponding week last July.

Adelaide continued to record the strongest success rate with 86 per cent of auctions reporting a sale, the highest since February.

Adelaide’s top auction sale was a 1900 villa at 24 Dulwich Ave, Dulwich which sold through Steve Alexander and Penny Riggs at Alexander Real Estate for $3.06m.

Adelaide’s top auction sale was 24 Dulwich Avenue, Dulwich.

It was a near-record price for the inner eastern Adelaide suburb, behind the 1895 Dulwich House which sold for $4.4m in 2011.

The villa had been modernised since its last sale at $1.6m in 2018, with its improvements including a courtyard pool.

The five bedroom, three bathroom property was featured last month as house of the week in the Adelaide Advertiser, when it was initially listed via an expressions of interest campaign.

Tim Lawless at CoreLogic suggested the national strengthening of the weekend auction market “possibly reflected a confidence boost following the RBA’s decision to keep interest rates on hold”.

Balwyn buy

Melbourne’s auction numbers were steady at 560, with its weekly preliminary clearance rate up from 70 per cent to 72 per cent of the 448 results collected so far by CoreLogic. Melbourne’s preliminary clearance rate has held above the 70 per cent mark for 13 consecutive weeks.

This time last year, 627 homes were taken to auction across the city, and a final clearance rate of 55 per cent was reported.

Melbourne’s top reported auction was 14 Walbundry Ave, Balwyn North fetching $3.25m through Suki Zhuang at Fletchers.

Its price guide had been $2.95m to $3.15m, after selling in 2019 at $2.68m. Set in the Riverside Estate, the five bedroom, three bathroom home is within key school zones.

There were pricier listings that failed to sell, including a new build at 1 May Rd, Toorak, just near the popular Hawksburn shopping strip. Set behind its double-fronted Edwardian facade, the three bedroom, two bathroom home was passed in on a $3.55m vendor bid at its auction by Dominic Ziino at Castran. The guidance had been $3.5m to $3.85m. The vendors listed after buying in regional Victoria during the pandemic.

Sydney slips

In Sydney, 564 homes went under the hammer, down from 676 in the prior week and 605 this time last year. Its preliminary clearance rate rose from 71 per cent to 75 per cent of the 427 results collected so far. There was a 53 per cent success rate this time last year.

Sydney’s top sale was the five bedroom, two bathroom house at 29 Peel St, Kirribilli which fetched $6m at its Di Jones auction.

Hot property

DG Institute property webinar spruiker Dominique Grubisa and her husband Kevin have sold their 1960sq m Turramurra estate, Wedgewood Lodge.

It sale came after 18 days on the market.

There’s been no price disclosure but they were seeking $4.7m through Century 21 Radar Properties agent Gary Ward. The Bobbin Head Rd home, which has two master suites, cost $1.3m in 2004, when it had been on the market for 42 days, after an unsuccessful marketing campaign in 2003.

Grubisa has faced ASIC and ACCC crackdowns after claims she did not have the necessary financial advisory qualifications.