Harcourts Coastal director of international marketing, Ray Wei, said he handled about up to 20 new Chinese buyers a week on the Gold Coast. Picture: Jerad WilliamsGOLD Coast real estate agents are gearing up for an influx of wealthy Chinese property buyers this weekend flying in to celebrate Chinese New Year.With many Chinese tourist staying on the Glitter Strip, property experts say up to half will inspect a property during their stay. Hope Island is the number one suburb on the Coast among Chinese property seekers over the past six months with more than 550 searches, according to realestate.com.au.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North12 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoIt ranked seventh in Queensland with the Brisbane suburb of Carindale leading the search charge.Harcourts Coastal agent Sally O’Neill said half of her property inquiry in Hope Island came from potential Chinese buyers.“They’re especially interested in the high-end properties,” she said.“They like the fact that they’re in gated enclaves as they can then go back to China and know their house is safe and secure.”Harcourts Coastal director of international marketing, Ray Wei, said he handled about up to 20 new Chinese buyers a week on the Gold Coast.He said the golfing, fishing and boating lifestyle at Hope Island as well as the security and its proximity to Brisbane made the suburb attractive to Chinese buyers.
77 Regent Street, Wynnum WestA WYNNUM West property with half an acre of land has sold for the first time in almost 100 years.The home at 77 Regent St sold for $1.4 million under the hammer on February 17.The seller was born at the property in the original homestead 93 years ago. He built the existing home on the land, which had been in his family for 97 years.Ray White Manly sales associate John Ford said both he and the family had underestimated the level of demand for the home.“(The sale price) was a lot higher than anyone anticipated,” he said.More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 202077 Regent Street, Wynnum WestMr Ford said up to 80 people attended the auction, 28 of which were registered bidders. The bidding started at just over $1 million before a young couple bought the property.“The size of the land was probably the most attractive feature, but the solidly built house was really attractive to people that wanted to move into it,” he said.Mr Ford said that it was a unique property as there were not many available like this left in the area. “I’ve not seen any block this size with this sort of shape,” he said.When big blocks hit the market, Mr Ford said they sold quickly.
After all is said and done, the biggest storyline from Virginia’s controversial 63-62 Final Four win over Auburn might not be whether Samir Doughty fouled Kyle Guy on the final shot of the game.That distinction will almost certainly belong to the double dribble officials failed to call on Ty Jerome as he moved the ball upcourt on Virginia’s final possession. Jerome dribbled the ball off his foot, gathered it with both hands and then dribbled again. Instead of calling the double dribble — which would have given Auburn the ball with a one-point lead and just seconds left in the game — the refs called Bryce Brown for a foul, allowing Virginia to set up the game-winning inbound play to Guy.MORE: How Virginia won a thriller vs. Auburn“As Ty Jerome brings the ball up the court, he accidentally bumps the ball off his back foot … he then re-possesses this ball with both hands. That ends his dribble.”@GeneSteratore explains a missed double-dribble violation on Ty Jerome near the end of the game. pic.twitter.com/763pV0sXyA— CBS Sports (@CBSSports) April 7, 2019Guy was bumped in the air by Doughty, sunk all three foul shots and helped seal a Final Four win for Virginia, the Cavs’ first in school history.