Byron Bay’s median house price rose above $2 million, but buyers are chasing a relaxed lifestyle in nearby coastal towns for less.
Over the past decade, a string of suburbs in northern NSW have doubled or nearly tripled in value as home buyers chase a more relaxed lifestyle on the coast.
Domain chief of research and economics Dr Nicola Powell said that what unites many of the top northern NSW towns that have experienced the highest gains is their coastal location. “We see that spillover occurring to more affordable locations. We know that Ballina is more attractive to the hip pocket.”
Rawnsley said it appears the south-east Queensland region is crossing the border and buying into these locations. In the Tweed Shire, Coastal Property Collective’s Mason Garten said that before COVID, buyers from the south weren’t able to relocate until they retired. Selling agent Adam Stevenson from LJ Hooker Old Bar Beach said Old Bar on the Mid North Coast attracted a lot of Sydneysiders during the lockdown years.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Beyond Byron: Northern NSW towns where house prices doubled in a decadeByron Bay’s median house price rose above $2 million, but buyers are chasing a relaxed lifestyle in nearby coastal towns for less.
Read more »
Cyclist dead, several others injured after horror collision in NSW Northern TablelandsA cyclist has died and a driver is in critical condition, with three others injured following a horror collision in Armidale.
Read more »
Man to remain in custody on murder charge following stabbing at Iluka in northern NSWA man from the coastal town of Iluka in northern New South Wales has been refused bail after being charged with the murder of another man in the town on Saturday.
Read more »
Cane toads spread from northern NSW as new front line to be surveyedThe Clarence River is no longer considered the cane toad southern front line, with populations found as far south as Wooli and inland near Grafton, their migration helped by favourable conditions.
Read more »
‘First taste of winter’ snow in UK brings school closures and travel disruptionsSevere weather alerts in northern Scotland, Northern Ireland, central and southern Wales and eastern English counties
Read more »
A health scare led two men to build their dream Byron holiday retreatYou’ll feel like a Rich Lister staying at ESTE Wategos, but bookings are only available “on application”.
Read more »