Oracle receivers have released a special new price list for local agents for Oracle apartments in Broadbeach.
Agents report that the
new prices fit squarely into the current hi-rise market values of
central Broadbeach at around $4200-4900sqm.
During the past week, it is reported that 12 Oracle properties changed hands on the new prices with around another dozen or so under offer.
Photos show an Ocean view from a one bedroom apartment in The Oracle.
Update from 15 December: "During the past 24 hours, 6 out of the 59 receivers stock has sold and 18 are on hold." [I suspect that the receiver has more than 59 apartments that are unsold, so this must be a trickled release.]