EWINGSDALE 2021 MARKET REPORT A EDITION
BRAD ROGAN
Ewingsdale house prices have jumped 22.17% over the last 6 months, totalling 46.1% for 2021. The last 6 months has seen harsher Covid-19 lockdowns imposed across Australia. In turn, 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 Ewingsdale has grown to $2,975,000 (2021). A combination of limited supply (down 26%),
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 Ewingsdale & Byron Bay specialist bradrogan@mcgrath.com.au 0420 529 112