BYRON BAY 2021 MARKET REPORT A EDITION
BRAD ROGAN
Byron Bay house prices have jumped 17.1% over the last 6 months, totalling 51.08% for 2021. The last 6 months has seen harsher Covid-19 lockdowns imposed across Australia. This has led to our property market experiencing even tighter stock levels and therefore, increased competition against buyers. As a result, the median house price across Byron Bay has grown to $2,850,000 (2021). A combination of limited supply (down 32%),
surging demand and sustained record low interest rates, has continued the upward pressure on prices creating perfect selling conditions. The RBA have maintained its record low cash rate (0.1%), however there is discussion of potential interest rate adjustments in 2022. With our region still being the number one holiday destination, early 2022 is a great time to sell. If you are considering a sale in 2022, now is the time to start discussions. I look forward to a confidential chat. Brad Rogan Byron Bay specialist bradrogan@mcgrath.com.au 0420 529 112
Recent sales in Byron Bay No
Address
Bed
Bath
Car
Size
Price
1
3/60 Lawson Street
3
2
1
104sqm
$2,900,000
2
14/7 Cavvanbah Street
3
2
2
158sqm
$3,500,000
3
18 Shirley Street
5
4
2
1,453sqm
$3,000,000
4
18/21-25 Cemetry Road
4
2
2
254sqm
$1,365,000
5
39 Lilli Pilli Drive
6
4
4
240sqm
$3,100,000
6
100 Old Bangalow Road
4
3
12
7.33ha
$13,000,000
7
1/34 Cavvanbah Street
3
2
1
86sqm
$2,440,000
8
58 Sunrise Boulevard
4
2
2
600sqm
$1,650,000
9
7 Coolalie Place
3
2
2
2,038sqm
$2,839,000
10
76 Butler Street
6
4
4
736sqm
$4,275,000
11
35 Kingsley Street
3
2
2
219sqm
$5,000,000
12
105 Paterson Street
3
1
2
630sqm
$2,950,000
13
5 Cavvanbah Street
5
2
2
610sqm
$6,000,000
14
62 Kingsley Lane
3
2
1
400sqm
$3,500,000
15
26 Ruskin Street
6
5
4
687sqm
$4,375,000
16
8 Pacific Drive
5
3
6
660sqm
$5,600,000
17
34 Marvell Lane
4
2
2
419sqm
$4,250,000
18
40 Brownell Drive
3
2
3
545sqm
$12,400,000
19
62 Paterson Street
4
1
1
968sqm
$3,081,000
20
4/1-3 Sunrise Boulevard
2
1
1
95sqm
$865,000
21
48 Jacaranda Drive
3
1
1
450sqm
$1,300,000
22
4 Palm Valley Drive
4
4
5
792sqm
$14,000,000
23
58 Massinger Street
3
2
1
684sqm
$3,550,000
24
1 Jacaranda Drive
4
2
2
650sqm
$1,310,000
25
64 Paterson Street
4
2
4
974m2
$3,450,000 Source: RP Data
Recent sales in Byron Bay No 1
Address 912 Example Street
Bed
Bath
Car
Date
4
3
3
1 Jan
2
1 Jan
3
1 Jan
4
1 Jan
5
1 Jan
6
1 Jan
7
1 Jan
8
1 Jan
9
1 Jan
10
1 Jan
11
1 Jan
12
1 Jan
13
1 Jan
14
1 Jan
15
1 Jan
16
1 Jan
17
1 Jan
18
1 Jan
19
1 Jan
20
1 Jan
21
1 Jan
22
1 Jan
23
1 Jan
24
1 Jan
25
1 Jan
Price
Source: RP Data
A selection of my recent sales
1/34 Cavvanbah St, Byron Bay Sold $2.4m
14/7 Cavvanbah St, Byron Bay Sold $3.5m
6 Barby Crescent, Bangalow Sold $1.85m
88 Balemo Dr, Ocean Shores Sold $1.45m
3/174 Fowlers Ln, Bangalow Sold $2.89m
3/1 Bindaree W, Ocean Shores Sold $890k
Client testimonials “We sold our high-end Byron Hinterland property with Brad Rogan and we cannot speak highly enough about the professionalism, support, pre-sale preparation, styling consulting, marketing, and expert negotiation skills in reaching an excellent sale price in good time. The team worked very hard, were very enthusiastic, and we will engage them again and recommend him highly.” N King - vendor
“Brad sets the bar very high for Professionalism, Communication, Strategy, Negotiation and Service. He is a man true to his word and is someone I would trust time and time again. Brad certainly earned his keep and is a true asset to any sale. He was nothing short of exceptional and we could not have asked for more from an agent.” C Chang - vendor
“Brad was excellent from the moment he pitched me on the sale. I met with every major agent in the area. It was clear from his preparation that he knew the market better than anyone and had by far done more transactions than the other agents. He gave very focussed and tight pricing guidance and achieved on it bang on. Communicated exceptionally well throughout even despite the fact that I was overseas for most of the sale process. If I am buying or selling, Brad's my go-to agent.””
“Brad Rogan was the right agent for us. We were really surprised at the level of communication and detail that was shared with us through the marketing campaign. It was thorough and timely, and at no point did we feel nervous or out of the loop. When it came to the sale, we know Brad found the right and best buyer for our property, it all went so smoothly, and he negotiated what we believe is the best price possible in the market , in fact he exceeded our expectations. We couldn’t be happier with the outcome and experience of working with Brad.”
R Patel - vendor
L & A Chapman - vendors