Real Estate
FROM COAST TO COUNTRY
Bargains still out there in Murwillumbah
By Jo Kennett
IT SEEMS like the once very reasonably-priced Murwillumbah property market has gone berserk in recent months, with house prices rising so much of late it’s enough to make your head spin.
Apparently it’s not that bad, though lord knows it’s taken long enough for people to figure out the town is not just a bustling regional centre, it’s one of the prettiest places in Australia.
As the floods showed, it’s also a place where people come together to help one another in times of need, which is just what you want in a home town when times get tough.
It’s got one of the most beautiful art galleries in the country, is surrounded by national parks and farmland, all watched over by Wollumbin/ Mt Warning, the extinct volcano responsible
for the lovely soil that makes the Tweed Shire so lush and beautiful.
It seems like everywhere you go in the shire the mountain rises up in the background, a stunning natural beauty which those fortunate enough to live in God’s own country.
Nowhere is Wollumbin’s presence felt more than in Murwillumbah.
Often shrouded in clouds, it’s a sentinel watching over the river town and probably knows exactly what sort of mischief you residents have been getting up to, so behave yourselves.
Just saying.
A friend’s son and his partner were looking for their first home and had decided Murwillumbah was the place for them, at least the only place they could afford the sort of house they wanted in the shire they call home. They both had great jobs, a dog (so needed a house)
Open Homes
All times are DST unless specified.
Saturday, October 12
JET Real Estate
• 23 Tweed Valley Way, South Murwillumbah 9.3010am
• 189 Byangum Road, Murwillumbah 9.30-10am
• 57 Byangum Road, Murwillumbah 10.30-11am
• 1 William Street, Murwillumbah 11.30-12pm
• 81 Overall Drive, Pottsville 1-1.30pm
Schmith Estate Agents
• 321-323/99 Griffith Street, Coolangatta ‘Calypso Resort’, 11.30-12pm Qld time
worked super hard and there were plenty of homes in their budget when they first started looking.
They watched the market with eagle eyes, visiting several properties but nothing quite suited.
Suddenly prices skyrocketed — and many people searching for their first home would know that sinking feeling of watching all those options disappear — as many of those places hit the million-dollar mark.
Should they have jumped right in? Who’s to say. Maybe the perfect home is waiting for them, but Murwillumbah is still one of the best-priced places in the loveliest shire in the country.
Seriously, it is!
Around 2019 the median house price in Murwillumbah was $500,000 which jumped to $830,000 by early 2022. According to realestate.com, median house prices over the last year were $832,500 which
was up 8.8 per cent on the previous 12 months. So while it’s still going up there are still cheaper homes out there.
Units went absolutely through the roof with one of the highest price growth rates in the shire from $133,000 pre-pandemic to $625,000 earlier this year. They have now dropped 10.4 per cent over the past 12 months to $515,000 which
DJ Stringer Property Services
• 1/27 Albatross Cct, Tweed Heads West 10-10:30am
• 1/134 Kennedy Dr, Tweed Heads West 10-10:30am
• 3D/3-9 Eden St, Tweed Heads 10-10:30am
• 10 Ballymore Ct, Banora Point 11-11:30am
• 1066/20-22 Stuart St, Tweed Heads 11-11:30am
• 1/6-8 Endeavour Pde, Tweed Heads 11-11:30am
• 13/27 Philip St, Currumbin 11:15-12:00pm Qld Time
• 8/10 Tweed St, Coolangatta 12-12:30pm Qld Time
• 30 Pacific Dr, Banora Point 12-12:30pm McGrath
• 2114/9 Enid Street, Tweed Heads 10.30-11am
• 2 Sunnycrest Terranora 12.30-1pm
• 38 Ocean Drive Chinderah 11-11.30am
Tate Brownlee Real Estate
• 13 Botanical Circuit, Banora Point 9-9.30am
• 2/30 Seaview St, Kingscliff 9-9.30am
is great news for those who cannot quite afford a house but are desperate for a home.
Last month Murwillumbah had 19 properties available for rent and 55 properties for sale.
If you are looking for an investment property, houses in Murwillumbah rent out for $650 per week with an annual rental yield of 4.1 per cent and units rent for $420 per week
with a rental yield of 4 per cent. It’s a 23 minute drive to Kingscliff beaches and not much further to the Goldy, and it’s got the wonderful rail trail to explore on the weekend.
If you’re looking for a home of your own, it’s pretty hard to beat Murbah, once a proud country town full of westies like myself, that’s suddenly become the place to be.
• 55 Mount Ernest Crescent, Murwillumbah 9-9.30am
• 5 Turquoise, Murwillumbah 9.45-10.15am
• 298 Adina Avenue, Bilinga 10-10.30am
• 1/20 Cashel Crescent, Banora Point 10-10.30am
• 6/32-34 Martinelli Avenue, Banora Point 10-10.30am
• 50 Martinelli Avenue, Banora Point 10.45-11.15am
• 1/14 Lochlomond Drive, Banora Point 11-11.30am
• 14 Australia Drive, Terranora 11-11.30am
• 38 Macadamia Drive, Pottsville 11-11.30am
• 2/9 Avondale Drive, Banora Point 11.30-12pm
• 8 Wren Court, Tweed Heads South 12-12.30pm
• 17 Shamara Road, Terranora 12-12.30pm
• 2 Gladioli Ave, Terranora 12.30-1pm
• 81A Old Ferry Road, Banora Point 1-1.30pm
• 8 Norths Lane, Nunderi 1.15-1.45pm
• 2 Cambridge Court, Kingscliff 2-2.30pm
• 2 Sequoia Court, Banora Point 2.15-2.45pm
• 28 Dundee Drive, Banora Point 2:15-2.45pm
• 25/1a Pioneer Parade, Banora Point 3-3.30pm