‘Caviar and cannabis’: Australia’s new most affluent area revealed MrSamMurden
Ballina has seen a major increase in tourists landing at the airport over the past few years.
“Greater than 4 out of 10 homes are owned outright in Ballina, Evans Head, Kingscliff, Kyogle, Maclean and Tweed Heads, and the ratio is even higher in Yamba and Iluka . The national average is 31 per cent”.In addition to a successful low-volume and high margin model, the NSW government has injected $1bn into its infrastructure – building hospitals in Byron , Grafton , Lismore , and Kingscliff .
Despite recent flooding, Lismore continues to perform strongly on the real estate market – with house prices tripling over the last two decades. Picture: Cath Piltz The town of Lismore also performed strongly in the region despite frequent floods and the decline of dairy and forestry industries.
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