Real Estate Real
FROM COAST TO COUNTRY
Spring selling season set to sizzle
By Jo Kennett
MURWILLUMBAH AND Terranora
have proved popular with buyers this winter with local agents saying they haven’t seen the usual slowdown and expect another surge in activity, especially first home buyers, when interest rates eventually drop.
Paul and Adrianna from Northern Rivers Property Group said winter has been a steady selling season with rural properties always looking great during winter.
They don’t think interest rates will drop this year.
“We expect them to drop in the first quarter in 2025,” they said.
“However, prices are holding up as there is currently a reduced amount of properties in 2484 so there are lots of buyer enquiry on the stock that is available.
“We are seeing quite a lot of first home buyers especially in the residential areas.
“Entry level homes like 44 Tumbulgum Road and 6 Bawden Street both have received multiple offers from people entering the
market.
“Investors have dropped off and of course we always have Sydney and Melbourne buyers and the overcrowded south east Queensland sector looking for a more laid back lifestyle that is what the Northern Rivers is all about.”
Paul and Adrianna say residential is “having its moment,” with Murwillumbah the most sought-after location at the moment, “hence the upturn in stock in the CBD” and they are expecting a lot of interest in their new Murwillumbah listings.
“We suspect more stock will come on in spring and for the prices to remain steady,” they said.
“If you would like any tips or tricks to get your house ready for spring, we have a customised spring campaign especially designed for this time of year.”
Principal at Real Specialists Brent Hodge said “winter has certainly been an interesting season for us.”
“The cooler weather often has southerners looking for warmer opportunities up here, and this year has been no exception,” he said.
“Winter traditionally sees a slight
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• 1/34 Beryl Street St, Tweed Heads 11-11.30am
• 133 River Street, South Murwillumbah 11.30-12pm
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• 18/14 Lorikeet Drive, Tweed Heads South, 1212.30pm
• 228 Broken Head Road, Suffolk Park, 1-1.30pm DJ Stringer Property Services
• 188/1 Mariners Dr West, Tweed Heads 9-9:30am
slowdown, but this year, we’ve still seen consistent buyer activity, particularly in Terranora and surrounding areas.
“While some areas have experienced a drop in volume, properties with unique features, like large blocks or those with dual-living options, are still generating strong interest.”
Brent said that buyers are more discerning, but they’re also more committed when they find the right property.
“Interest rates have certainly been a talking point,” he said.
“We’ve noticed that while rising rates have made some buyers a little more cautious, others see the current climate as an opportunity to negotiate better deals.
“As for the future, if rates do drop later this year, I think we’ll see a surge in activity, particularly from those who’ve been sitting on the sidelines waiting for better borrowing conditions.
“A rate drop could bring a fresh wave of first-home buyers back into the market, as well as investors looking to secure a stronger foothold before
• 2/87 Golden Four Dr, Bilinga 10-10:30am
prices react.”
Brent is seeing a diverse mix of buyers.
“First-home buyers are still active, though they’re carefully weighing their options,” he said.
“Investors have been a bit more selective but are still very much in the market, especially those looking for properties with strong rental potential.
“Interestingly, we’re also seeing a steady stream of interstate buyers – particularly city dwellers looking to escape the hustle and bustle for a more relaxed lifestyle.
“The appeal of our rural blocks and larger homes with space to breathe continues to attract these buyers.”
Homes with granny flats, large land parcels, and properties with future potential are drawing the most attention.
“Units still attract first-home buyers and investors, but it’s the lifestyle properties that are really standing out,” Brent said.
“Terranora remains a popular choice, especially for those wanting to be close to the coast while enjoying a bit more space.
• 1/130 Marine Pde, Coolangatta 10-10:30am
• 1/29 Albatross Circuit, Tweed Heads West 1111:30am
• 146 Riverside Dr, Tumbulgum 11:15-12pm
• 22 Cabbage Gum Rd, Cudgera Creek 12:30-1:30pm McGrath
• 602/11 Enid Street, Tweed Heads, 11:30am
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• 140 Riverside Drive, Tumbulgum,12:30pm–1pm
• 31/6-8 Hastings Road, Bogangar, 9am
• 20 Longboard Circuit, Kingscliff, 11am
• 3041/2 Thomson Street, Tweed Heads, 10:30 am
“Rural villages are also high on the list for buyers seeking that balance between accessibility and serenity.
“The coast will always have its appeal, but there’s definitely a strong demand for areas that offer both lifestyle and a sense of community.”
As for the spring selling season outlook, Brent says he is feeling optimistic.
“The market seems poised for a steady uptick in activity,” he said.
“If interest rates stabilise or drop, combined with the natural increase in listings we see in spring, I think we’ll see a vibrant and competitive market.
“Sellers who have been waiting for the right moment may find that spring is their time to shine.”
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• 10 Durigan Place, Banora Point, 10:15am
• 17 Drift Court, Kingscliff, 10am
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10 Woodroffe Street Terranora is for sale with Real Specialists
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jordan.byrnes@eldersrealestate.com.au 0475 309 530
Jordan Byrnes
