first_imgMr Atherton said the return of on-site auctions is expected to have a positive impact on stock levels, which have been slower to recover from the COVID-19 setback.“I think once people start to see crowds in the street for auctions and open homes, and sold stickers going up, it will increase their confidence to go to market,” he said. 8072 Riverside Dr, Sanctuary Cove is one of 10 properties to be auctioned on Wednesday by Harcourts Coastal. Auctioneer Dane Atherton in action: The return of on-site auctions is expected to have a positive impact on stock levels. Picture: Jerad WilliamsHead counts and border closures are keeping on-site group auctions from returning with vigour on the Gold Coast as agents hold out for COVID-19 restrictions to ease further.Restrictions on group open homes and on-site auctions were partially lifted last weekend, with 10 people now permitted to inspect a property or attend an auction at one time.Border closures are also holding some buyers back, with interstate bidders unable to view properties nor attend auctions in person.While agents report a surge in buyer activity and inquiries, most will continue to run auctions online until June 13 when up to 20 people are permitted to take part.Under the Queensland Government’s Roadmap to Recovery, those limits will increase to 100 people from July 10.A beachside apartment in Broadbeach and a five-bedroom house at 38 Totsi St, Sorrento are the only two properties set to go under the hammer on the Gold Coast tomorrow, with both auctions to be conducted online at 10am.MORE: Massive mega mansion record price revealedThe Queensland property regions most at riskWhy Kelly Clarkson is selling her LA estateA beachside apartment at 94 Carmel by the Sea, Broadbeach will be auctioned online today. Ray White Broadbeach agent Rachael Coffey, who is marketing 94 Carmel by the Sea with Elly Patsis, said the online auction format is preferred for now.“There are a lot of interstate buyers interested in the property and they’re not able to come to Queensland to bid,” she said.“By running the auction online we’re able to capture the full pool of potential buyers; at this stage we have four registered bidders and two of those are interstate.”Harcourts Coastal has an in-room auction scheduled for Wednesday when 10 properties are set to go under the hammer, with buyers able to bid in person, over the phone or online.center_img This Palm Beach statement home at 5 Boodera Dr will go to auction on Wednesday with Harcourts Coastal. “We are now allowing up to 10 pre-registered bidders to attend those in-room auctions,” said Harcourts Coastal Managing Director Dane Atherton.More from news02:37International architect Desmond Brooks selling luxury beach villa7 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago“We have also started taking bookings for on-site auctions beyond June 13 when up to 20 people can attend.”Last week the Gold Coast recorded an auction clearance rate of 40 per cent – of the 17 auctions scheduled, 10 results were made available with six properties sold and four passed in.last_img read more