A Flood of Possibility
2024-11-28 01:28
We cannot escape that parts of the Northern Rivers are flood-prone. It has been so for a long time and will probably get worse, so living with flooding is something we will have to adapt to. I have been watching and learning more about raising houses and renovating interiors to be more resilient to floods. I have had clients who have been through the process and feel confident assisting buyers prepared to buy, live in or rent a flood-affected property. As always, there are opportunities in adversity, and I am happy to talk to any new client considering purchasing in flood-affected neighbourhoods. This one, listed by Brad Rogan and Sotheby’s at 24 Morrison Street Mullumbimby, looks like good value, and although it did not flood inside in 2022, it can be raised in the future.
11 Lizray Road, Federal
2024-11-28 01:27
This property is on the edge of a very popular Federal. It has the advantage of being a rural block, good for horses, but still walkable to town: four Bedrooms, two baths, and 18 acres with a good aspect. It is zoned R5, which means it has the potential for more large-lot residential subdivisions. Listed with Byron Bay First National, it looks like fair value at $1.8-1.975 Million.
Rocking Horse Studio, 36 Keys Road, Coorabell
2024-11-28 01:18
A piece of Byron Hinterland’s history is now on the market. Rocking Horse Studios in Coorabel has been one of our most well-known and notorious music studios. Playing host to acts like the Whitlams, Parkway Drive, Grinspoon, and Spiderbait, the recording studio and accommodation started in the early 90s and includes the old analogue mixing desk used by Pink Floyd to record Dark Side of the Moon. In addition to hosting some of Australia’s best musical acts, the unique and eccentric founder, Alan De Vendra, also hosted some of the area’s most exuberant parties and social events. But what happened at Rocking Horse has to stay at Rocking Horse – as they were different times to now. The 11.3 Ha property, including the studio and 13 bedrooms and 12 bathrooms, is listed with Tara Torkkola from BB First National with a price guide of $6,510,000.
Wing House, 59 Brownell Drive, Wategos Beach
2024-11-28 01:15
59 Brownell, known as the
“Wing House” for its distinctive 27.5-metre wing-shaped roof, is now listed for sale. The 805 M2 block has extensive ocean views of Julian Rocks. The 425 M2 house interior includes five bedrooms, three bathrooms, and a pool. The home was built in 2012 by Australian College of Massage directors Robert and Deborah Wild and won an architecture award. In May 2014, it sold for a then record-breaking price of $5.9 million. Liam Annersley from BB Real Estate is the agent holding an EOI, which closes on December 16th. It has a price tag of $17,100,000.
58 Ruskin St, Byron Bay
2024-11-28 01:12
58 Ruskin Street Byron Bay is a charming character home in the Golden Grid in the heart of Byron Bay. Circa 1920, the house has three bedrooms on a quiet 542 M2 block. The garden is also a big plus, with extensive paving, charming trees, and flower beds. There is room for some minor renovation to the main bathroom and laundry that could lift this property into the $5 mil plus level—priced to meet the market at $2.55-2.8 Million and listed with Su Reynolds from First National. (Agent declares an interest in acting as vendor advocate on this property).
16 Yamble Drive, Ocean Shores
2024-11-28 01:10
This solid brick home has a lot of potential for value-adding. It is a flood-free 1117 M2 block so that it would be approved for dual occupancy. It has a good aspect at tree height. The downstairs could be adapted to a studio. It would be an excellent buy-and-hold for someone making steps on the property ladder or an investor. It is looking for $1.18 – 1.25 Mil with Julie Ann Manahan at Mana REA, Ocean Shores, and it will probably not last long.
The Trend in Byron Bay Real Estate
Once known as a sleepy surf town, Byron Bay has received high levels of interest from Sydneysiders as well as Hollywood celebrities who have been looking at homes for sale in Byron Bay. In the past couple of years, the Australian housing market has shown its strength by moving toward less crowded neighborhoods, with almost 40 percent of Sydneysiders realising that living in a surf town could be their reality.
Movie star Chris Hemsworth and his wife Elsa Pataky currently possess a mega-mansion in the area and Hollywood ‘A-listers and trendsetters alike have consistently been flocking to Byron since they purchased here in 2014.
What You Should Know About the Byron Bay Property Market
Byron Bay is Australia’s most easterly point, with idyllic beaches in a rustic, rural backdrop. The area is 90 kilometres south of the Gold Coast in Queensland and 760 kilometres north of Sydney. Here are a few interesting points about the area, which is one of the most sought-after regions to live in for Aussies and celebs:
- The Byron Shire is a real estate darling of the East Coast of Australia. One of its regional towns is the most desirable in the country: Bangalow has the tag of Australia’s best-performing regional town over the past 20 years.
- According to realestate.com.au’s 2020 REA Insights Regional Australia Report, there was an increase in the price of houses in Bangalow of 1.2 percent, from $76,025 in 2000 to $1.05 million in 2021. Additionally, the push towards remote work in 2020 generated new interest in certain areas such as Northern Rivers. Consequently, prices shot up by almost 30 percent because of the area’s popularity in people buying up any houses for sale in the Byron Bay Hinterland.
- End 2022: some of the first places to witness price drops are the popular regional tourist playgrounds. Richmond-Tweed, which includes the well-known Byron Bay area, is the SA4 regional market that has seen the highest decline in house prices to date, across all types of dwellings. Home prices are down 6.3% from their all-time high, affecting factors include the 2022 flooding, bringing the percentage gain in home prices from March 2020 to 51.90%. (Proptrack Home Price Index).
- Byron Bay is approximately 19.8 square kilometres with 15 parks covering a total area of 24.3 percent. In 2016, the population was close to 6,000, with an annual increase of 11 percent. Individuals between the ages of 20 and 29 are the average residents, with 57 percent of these owning their property. Mortgage repayments range between $1800 and $2399 per month.
What Sets Byron Property Search Apart?
We are a prominent buyers agency that has been assisting individuals for 20+ years with their desires to relocate to this beautiful area. We can act as a buyer’s agent if you’re looking for property for sale or houses in Byron Bay, or a vendor’s advocate if you’re selling your home in Byron Bay.
- As a buyer’s agent, we work for you by searching for a property in Byron Bay and/or the surrounding areas that suits your lifestyle, even if you can’t always be present for the process. We are long-term locals who have a deep understanding of the property for sale in the Byron Bay greater region and can offer you trustworthy advice throughout the process of acquiring a property.
- As we strive to obtain the best deal possible for you, we guarantee transparency. With us by your side, you can make your acquisition with confidence.
- There aren’t any limits to the properties for sale in Byron Bay that we can assist with, including hinterland property, a home, apartment or commercial building. Our knowledge of the region and experience with homeowners means that we can sometimes broker a deal directly with an owner before the house goes on the market.
Why Choose Byron Property Search?
Our principal Michael Murray has more than 20 years of experience as a buyer’s agent alongside 35 years of living and working in the region. Byron Property Search is a reputable agency that can assist you with all your real estate needs. Contact us to start the process.
Useful Links
Recent Properties: Byron Property Search has helped many people to purchase or sell a home in the Byron Shire. View recent properties
Market Watch: Read the latest insights on what’s happening in real estate in Byron Bay, and in other parts of Australia. Read Market Watch
Around the Traps: ‘Around The Traps’ brings you general news and views of what’s happening around the Byron Shire. Read Around the Traps
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