The Event 2018. Supplied.ONE of Australia’s biggest real estate auction events is underway on the Gold Coast.Up to $40 million of property from entry-level residences to multimillion-dollar addresses are going under the hammer at Ray White Surfers Paradise Group’s auction bonanza ‘The Event’.RWSP Group CEO Andrew Bell said 90 per cent of properties were predicted to sell.“We’ve had over 2000 inspections on properties over the last four weeks,” Mr Bell said.Mr Bell tipped interest from southern buyers to lead sales.“If you had to use one word to sum up this year, it would be Sydney.”More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach Northless than 1 hour ago02:37International architect Desmond Brooks selling luxury beach villa20 hours agoMinutes after bidding began, the first property on the auction block changed hands for $850,000.The three-bedroom, two-bathroom waterfront house in Southport sold quickly after a series of bids.Early on, local buyers were leading the way with 70 per cent of bidding coming from Gold Coasters, followed by New South Wales.Mr Bell said buyers would be under pressure to secure a property as supply in the local market was tightening, particularly ahead of the Commonwealth Games. Today’s event is widely said to set the tone for the market in 2018.“We’re not too far off saying full house,” said Mr Bell.“We have a wider range of properties from the cheapest at $100,000 to one that sold for $5 million prior to auction.”It’s estimated about 450 people have flocked to today’s event at Royal Pines Resort.
Advertisement The veteran wicketkeeper MS Dhoni has been named in Sunil Gavaskar’s preferred choice XI as the primary keeper of the T20 World Cup next year in Australia. The Indian legendary Sunil Gavaskar previously mentioned that the Indian team management should look beyond MS Dhoni, further adding that time has come to “look beyond Mahendra Singh Dhoni” and invest in youth for the upcoming tournaments. With, Rishabh Pant not been able to grab his opportunities, MS remains as a “top-choice” going into the international stage next year according to the legend.Advertisement When questioned whether Dhoni should be chosen for the upcoming Bangladesh series, Gavaskar strongly declined to that.Advertisement “No, we need to look beyond. Mahendra Singh Dhoni at least doesn’t figure in my team. If you are talking about the T20 World Cup, I will certainly think about Rishabh Pant,” Gavaskar said in an interview.And as for the youngster Pant, Gavaskar reckons, Sanju should be considered ahead of Rishabh Pant.Advertisement “If I need to have an alternate option, then I will think of Sanju Samson because Sanju is a good ‘keeper as well as a good batsman.”“If I have to think of the T20 World Cup, I would think about youth as we need to look forward. Dhoni has made great contribution to Indian cricket but it’s now time to look beyond him,” the iconic batsman stated earlier.On another interview on the ‘India Today’ channel, Gavaskar was spotted saying: “I think he (Dhoni) should be going without being pushed out.”MS Dhoni, is yet to announce his international retirement and the current selection committee has indicated that the matter shouldn’t be looked behind. Advertisement
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