Byron Bay Real Estate Market

June 16th, 2021

Embrace the Luxury of the Byron Bay Real Estate Market

Once known as a sleepy surf town, the Byron Bay real estate market has received high levels of interest from Sydneysiders as well as Hollywood celebrities. The past 12 months have demonstrated the resilience of the Australian property market with a shift among locals towards lower-density housing. Almost 40 percent of Sydneysiders have realised that living in a surf town could be their reality. Movie star Chris Hemsworth and his wife currently possess a mega-mansion in the area.

Byron Property Search is a reputable agency that can assist you with all your real estate needs in the region.

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:

  • Byron Bay is a real estate darling. One of its suburbs is the most desirable in the country: Bangalow has the tag of Australia’s best-performing regional centre over the past 20 years.
  • A 2020 report reflected 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 popularity of the area.
  • 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 Regarding the Byron Bay Property Market?

We are a prominent company that has been assisting individuals for years with their wish to relocate to a peaceful suburb. We can act as a buyer’s agent or a vendor’s advocate, depending on which service you require.

  • As a buyer’s agent, we work for you by searching for a property that suits your lifestyle in a specific area, even if you can’t always be present for the process. We are long-term locals who have a deep understanding of the area 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 that we can assist with, including homes, apartments, and commercial buildings. 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. Contact us to start the process.

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