Gold Coast auction clearance 44%: 12 sold and 15 passed in across 19 suburbs
realestate.com.au's early results for the week to 1 November show 12 of 27 reported Gold Coast auctions sold (44%), well ahead of Queensland's 19%, led by a $4.5m Mermaid Beach penthouse.
Image: GC Prestige (illustrative)
realestate.com.au's early results for the week to 1 November show 12 of 27 reported Gold Coast auctions sold (44%), well ahead of Queensland's 19%, led by a $4.5m Mermaid Beach penthouse.
- 12 of 27 reported Gold Coast auctions sold this week, a preliminary clearance rate of 44.4%.
- Queensland's clearance rate was 19% from 283 reported results.
- Top Gold Coast sale: a Mermaid Beach penthouse at $4.5 million, followed by $2.275 million at Runaway Bay.
- Mermaid Beach and Pacific Pines each recorded two sales; Surfers Paradise had three apartments passed in.
- Figures are preliminary and may change as late results are reported.
Week of 26 October – 1 November 2026 · 27 reported Gold Coast auctions across 19 suburbs · preliminary realestate.com.au results, Saturday evening
What's happening
Gold Coast auctions outperformed the rest of Queensland this week. 12 of the 27 Gold Coast auction results reported so far were sold, a clearance rate of 44.4 per cent, against 19 per cent across Queensland from 283 results. All 12 Gold Coast sales were made under the hammer and no Gold Coast auctions were recorded as withdrawn. Most of the 15 passed-in homes now move to negotiation with the highest bidder, and many of these campaigns end in a sale in the days after auction day.
The Gold Coast cleared more than twice the state rate. Queensland: 36 sold at auction, 14 before and 3 after, 184 passed in and 46 withdrawn, from 433 scheduled auctions.
Results by suburb
Disclosed sale prices
Five further sales at Ashmore, Chevron Island, Currumbin Waters, Mermaid Beach and Southport were reported with prices withheld.
Property highlights
Every Gold Coast result
| Suburb | Sold | Passed in | Results |
|---|---|---|---|
| Mermaid Beach | 2 | 0 | Penthouse 1601/4-6 Alexandra Ave $4.5m; 1/5 William St duplex sold (price withheld) |
| Runaway Bay | 1 | 0 | 33 Karema Cres sold $2.275m |
| Ormeau | 1 | 2 | 23 Carrieton St sold $1.065m; 40 Milly Cct and 247 Goldmine Rd passed in |
| Pacific Pines | 2 | 1 | 6 Atoli Rise $980,000 and 1/1 Lawley Cres $882,000; 2/45 Codrington Cct passed in |
| Miami | 1 | 0 | 1/64 Nobby Pde duplex $1.0m |
| Upper Coomera | 1 | 0 | 17 Linda Way $913,000 |
| Ashmore | 1 | 0 | 12/283 Cotlew St West duplex (price withheld) |
| Chevron Island | 1 | 0 | 241 Stanhill Dr (price withheld) |
| Currumbin Waters | 1 | 0 | 92 Cyclades Cres (price withheld) |
| Southport | 1 | 1 | 1/1 Kate St duplex sold (withheld); 2/19 Melinda St passed in |
| Surfers Paradise | 0 | 3 | Apartments at The Esplanade, Riverview Pde and Surfers Paradise Blvd passed in |
| Arundel | 0 | 1 | 23 Greenview Cct passed in, last bid $1.31m |
| Burleigh Heads | 0 | 1 | 19 Deodar Dr (block of units) passed in |
| Elanora | 0 | 1 | 14 Nollamara Dr passed in |
| Helensvale | 0 | 1 | 10 Saltwater Tce passed in |
| Merrimac | 0 | 1 | 6 Calwell Ct passed in |
| Nerang | 0 | 1 | 56 McLaren Rd passed in |
| Robina | 0 | 1 | 64 Manly Dr passed in |
| Tugun | 0 | 1 | 12/479-483 Golden Four Dr passed in |
| Gold Coast | 12 | 15 | 44.4% cleared from 27 reported results |
Timeline and next steps
These are preliminary figures. Agents keep reporting results into Monday, so the Gold Coast count and clearance rate may change, and Cotality's preliminary Gold Coast figure for the same week is due on Sunday night. The Reserve Bank's cash rate decision on 3 November is the next big moment for buyer sentiment.
What it means for Gold Coast property owners and developers
A Gold Coast clearance rate more than double the state figure shows real buyer depth for well-priced houses and quality coastal stock, from the $880,000 to $1 million range in the northern suburbs up to $4.5 million beachside. For buyers, the passed-in homes, especially the three Surfers Paradise apartments, offer room to negotiate after auction.
For sellers, realistic reserves based on recent local sales are getting results. This is general commentary, not financial advice.
Frequently asked questions
What was the Gold Coast auction clearance rate this week?
44.4 per cent on early realestate.com.au results: 12 sold and 15 passed in from 27 reported auctions in the week to 1 November 2026.
What was the highest Gold Coast auction sale?
Penthouse 1601/4-6 Alexandra Avenue, listed in Mermaid Beach, which sold for $4.5 million.
Which suburbs are included?
Gold Coast suburbs in postcodes 4208 to 4230 with an auction result on realestate.com.au this week. Logan suburbs in postcode 4207 are not included. Bedroom counts and areas are as listed on realestate.com.au.
Source: realestate.com.au – Queensland auction results, 26 October to 1 November 2026 (preliminary, updated 31 October), published 31 October 2026. This article is an independent summary and commentary by GC Prestige based on the original report — read the source for full details.
realestate.com.au
Read the original article →This is an independent summary written by GC Prestige for general information. All facts are attributed to the original publisher above — please refer to the source for full details. Not financial or planning advice.
