An unprecedented level of activity in Gold Coast’s prestige property market of people seeking the ultimate beachfront address has resulted in over $100million in sales at Burly Residences within just a few months of launching a collection of ultra-luxury private residences to the market in September.
Thirty-three prestigious beachfront apartments at Burly Residences have now been sold for an average of $3.8million each, placing it as one of Gold Coast’s fastest current selling off-the plan apartment developments.
A third of the 101 premium apartments at Burly Residences have now been sold to mostly Australian buyers who are either empty nesters selling up their family homes or high net worth individuals moving their home base or purchasing the ultimate beachfront holiday home.
Luxury apartment marketing agency TOTAL Property Group is managing the apartment sales at Burly Residences with its team working through large numbers of buyers who have been registering their interest in the development since it was approved in April.
Following the official launch of Burly Residences in September, TOTAL Property Group has been meeting with potential buyers in the state-of-the-art Sales Gallery inside North Burleigh Surf Life Saving Club and hosting virtual inspections for interstate and overseas buyers unable to make it to the Gold Coast.
TOTAL Property Group reports that 95% of apartment buyers at Burly Residences are Australians with 55% Queenslanders, 20% Victorians, 17% from New South Wales and 3% from other parts of Australia, while the remaining 5% of buyers come from overseas.