A million-dollar view. 2/102 Jefferson Lane, Palm Beach sold at auction for $1.250 million.MOMENTUM from the Gold Coast’s biggest auction event has carried over with multiple million-dollar properties selling under the hammer in a separate run of auctions.Realestate.com.au has released its latest data of properties that sold at auction in the lead-up to the week ending Saturday, 3 February. Location, location, location. The townhouse is on an exclusive street.A kitchen, living zone and a bedroom with private courtyard are on the ground floor, and the upper level offers main living and dining rooms, a sunny alfresco deck, new stone kitchen with breakfast bar and a parents’ retreat.The highest auction transaction reported so far was the sale of a five-bedroom, four-bathroom Jacobs Well home for $1.6 million. 26607/2 Ephraim Island, Paradise Point sold at auction for $1.250 millionIt wasn’t just houses selling under the hammer — 26607/2 Ephraim Island, Paradise Point sold for $1.250 million. The corner apartment features views of the Broadwater, an L-shaped balcony, and modern finishes including a CBUS home system. A huge crowd turned out for “The Event” hosted by Ray White Surfers Paradise with 131 properties going to auction. Auctioneer Andrew Bell at work. Picture Glenn HampsonIt follows the success of Ray White Surfers Paradise Group’s legendary annual The Event auction held last weekend at RACV Royal Pines Resort in Benowa. The Event is widely regarded as an indicator of the Gold Coast’s real estate economy.RWSP CEO Andrew Bell said the success of the auction showed confidence.A mix of more than 170 registered local and interstate buyers engaged in a bidding frenzy, resulting in $35.4 million worth of deals confirmed at the time of going to press — a figure likely to climb further as sales are finalised over coming weeks. The waterfront property has a pool and pontoon.More from news02:37International architect Desmond Brooks selling luxury beach villa20 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoThe property listing was described as “a golden opportunity to buy well below replacement cost”.Located in Calypso Bay Estate, the 742sq m house features a pontoon, separate media room and formal lounge with gas fireplace. The Palm Beach villa sold under the hammer on Saturday.A four-bedroom, three-bathroom townhouse on prestigious Jefferson Lane, Palm Beach changed hands for $1.350 million. “Despite grey skies and rain, a crowd of about 50 saw five bidders battle it out until a couple from Geelong, Victoria won with the highest bid of $1,350,000 — well above the owners reserve,” said auctioneer Mitch Palmer, principal of Ray White Mermaid Waters.The highly-sought after location offers postcard views of the Pacific Ocean, while the residence is split over two levels. 57 Limetree Pde, Runaway Bay went under the hammer for $1.345 million. The “family apartment” is modern and spacious.The fully furnished, 233 sq metre apartment was described as “ideal for a family” with access to facilities including three swimming pools, shopping, a gym, day spa and marina.According to realestate.com.au there were 303 listings scheduled across Queensland last week. Preliminary results show a 48 per cent clearance rate out of 180 results available. The Coast’s auction clearance rate has been steadily tracking upwards from a low of about 30 per cent towards the tail end of 2017. It’s been recently repainted. 4 Abel Tasman Place, Hollywell sold for $1.325 million.While two houses were set to go to auction in Hollywell, one sold prior to auction, leaving an older-style four-bedroom, three-bathroom property on the market ahead of auction day.4 Abel Tasman Place sold successfully under the hammer for $1.325 million. The three-storey concrete residence is the only tri-level property on the street, allowing for views of surrounding canals, the Broadwater and Stradbroke Island to be captured with no interruption. The bathroom features are a stand-out.The sprawling home’s luxury finish is all about the smaller details with rain showers, free standing baths, frameless glass screens featured throughout from the bathrooms to the infinity pool, and dimmable LED lighting. Waterfront residences were hot property, with a recently repainted Runaway Bay house on 18.5 metres of water front selling for $1.345 under the hammer. 37 Marina Pde, Jacobs Well sold for $1.6 million.