Price Rises Expected
In September we viewed this chart showing the price surge that Byron Bay 2481 had between 2014 to 2017. Shire-wide was just as intense, with a 72% increase in just 5 years from an average price of $530,000 in 2014 to $910,000 in 2018.
Since 2017 there has been a downturn in 2481, but as suspected, prices have surged in the latter half of this year. some notable record breakers are in Wategos Beach as mentioned in the video.
Part of what is driving this surge is an influx of wealthy buyers who are willing to pay far over the normal market value, even for luxury properties. Unfortunately, this also carries through for properties under $1.5 million making them a very rare find.
Hot Properties - July / August / September 2022
43 Kingsley Street, Byron Bay
view moreSkyfall, 29 Browns Crescent, Mcloed's Shoot
view more13 Edward Place, Knockrow
view moreCoorabell Ridge
view more17 Whip Bird Place, Ewingsdale
view more18 James View Court, Coorabell
view moreThe Barbotine, 116-118 Jonson St, Byron Bay
view more88-90 Mollys Grass Road, Tregeagle
view more83 Mount Chincogan Drive, Mullumbimby
view more59 Coopers Shoot Road, Coopers Shoot
view moreAmelika, 28 Blackbean Lane, Federal
view more