Real Estate THURSDAY, JULY 1, 2020 FROM COAST TO
COUNTRY
WWW.TWEEDVALLEYWEEKLY.NET.AU
High demand for rentals across Tweed By Jonathon Howard RENTAL VACANCY rates throughout the Tweed Shire have dropped to some of the lowest levels ever seen this year, with one popular coastal suburb recording a vacancy rate of zero in September. The data from property research firm SQM Research shows a sharp rise in weekly rents across several Tweed suburbs. Since being named as Australia’s best beach earlier this year, the vacancy rate at Cabarita Beach/Bogangar has dropped from 0.9% one year ago to 0.7% and 0% this month. Despite the high demand, rents for houses at Cabarita have held steady at just over $600 per week. Units were a different story, with weekly rents increasing by 17.5% over the past quarter and 11.3% over the past year. The remainder of the Tweed Shire recorded vacancy rates between 0.3% and 0.5% in September – the lowest recorded in the past three years.
As a result of the increased demand on rentals, several suburbs have seen sharp increases in weekly rents over the past quarter. The largest increase in rents was seen throughout the 2485 postcode, which includes Tweed Heads and Tweed Heads West, and increased by 16.1% over three months and 18.7% over 12 months to a current price of $639 per week. The second highest rental price growth was in the 2486 postcode, which includes Banora Point and Tweed Heads South, and increased by 12.9% in three months and a whopping 22% over the past year. Murwillumbah and the Tweed Valley also saw a sharp increase in rentals over the past year (13%), while the growth was more modest throughout the remainder of the Tweed Coast which all increased by 4.1% over the past year. Kingscliff/Casuarina have the highest rents in the shire at an average of $810 a week for a
Open homes
September 2020 vacancy rate
June 2020 vacancy rate
September 2019 vacancy rate
2484: Murwillumbah/ Tweed Valley
0.4%
0.6%
1.0%
2485: Tweed Heads/ Tweed Heads West
0.5%
0.6%
0.7%
2486: Banora Point/ Tweed Heads South
0.3%
0.6%
0.6%
2487: Kingscliff/ Casuarina
0.4%
2.5%
1.3%
2488: Bogangar/ Cabarita
0%
0.7%
0.9%
Postcode
Cabarita is the Tweed’s most in-demand suburb
house, while the Tweed Valley is the most affordable at $520 per week. Apart from Cabarita, unit rental prices did not see a dramatic rise over the past year, with Kingscliff/Casuarina increasing by 8% to $543 per week and Banora Point/Tweed Heads South increasing by 4% to $432 per week. The only are where the average rents are below $400 a week are in the Tweed Valley 2484 postcode.
Houses weekly rent
Quarterly change
Yearly change
Units weekly rent
Quarterly change
Yearly change
2484: Murwillumbah/ Tweed Valley
$520
8.7%
13.0%
$336
-9.9%
-9.8%
2485: Tweed Heads/ Tweed Heads West
$639
16.1%
18.7%
$421
-3.8%
1.2%
2486: Banora Point/ Tweed Heads South
$716
12.9%
22.0%
$432
-3.9%
4.0%
2487: Kingscliff/ Casuarina
$810
11.7%
4.1%
$543
8.6%
8.0%
2488: Bogangar/ Cabarita
$607
-16.2%
-2.0%
$474
17.5%
11.3%
Postcode
Source: SQM Research
Saturday, October 17
2/5 Cabernet Court, Tweed Heads South, 12pm-12.30pm 3/61 Charles Street, Tweed Heads, 12:30pm-1:00pm 11/30 Lanham Street, Coolangatta, 12.30pm-1pm 4/27-29 Dutton Street, Coolangatta, 1.30pm-2pm 8/27-29 Dutton Street, Coolangatta, 2pm-2.30pm
1/4 Roundhouse Place, Ocean Shores, 11am-11.30am 38 William Street, Murwillumbah, 11.30am-12pm 1 Bower Street, Brunswick Heads, 11.30am-12.00pm 120 Balemo Drive, Ocean Shores, 12.30pm-1pm 1 Elanora Ave, Pottsville, 1.30pm-2pm
10/15-17 Ivory Crescent, Tweed Heads, 9:00am-9:30am 26/2 Rosella Close, Tweed Heads South, 10:00am-10:30am 20/24 Seaview Road Banora Point, 10am-10.30am U2135 Tweed Ultima, Tweed Heads, 10:00am-10:30am U2021 Tweed Ultima, Tweed Heads, 10:30am-11:00am 14 Marie Street, Tweed Heads South, 11:00am-12:00pm 17/83 Gollan Drive, Tweed Heads West, 11am-11.30am 14/21 Dixon Street ,Coolangatta, 11.30am-12pm
Raine & Horne Ocean Shores/Brunswick Heads/ Murwillumbah
20 Banora Terrace, Bilambil Heights, 12pm-1pm
9 Banool Circuit, Ocean Shores, 9am-9.30am Pinnacle Estate, Ramsay Close, Goonellabah 9am-10am 81 Byangum Road, Murwillumbah, 9.30am-10am 16/2 Rajah Road, Ocean Shores, 9.30am-10am 12 Borton Street, Ballina, 10am-10.30am 69 Argyle Street, Mullumbimby, 10.30am-11am 1 Hunter Street, Burringbar, 11.00am-11.30am
*All open homes are listed in NSW time
DJ Stringer
Ray White Tweed Valley
Tweed Coolangatta Real Estate
41 Tralee Drive, Banora Point, 11am-11:30am 12/5-9 Ivory Crescent, Tweed Heads, 12 pm-12:30pm 16/13-15 Kingston Drive, Banora Point, 11am-11:30am
Sunday, October 18
Ray White Tweed Valley
20 Banora Terrace, Bilambil Heights, 12pm-1pm
Magnificent Lifestyle/Equestrian Acreage Holding Just 3 Minutes to Town 33 Baromi Road, Kynnumboon 5
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We proudly present “Alistabrooke Park”, an exceptional lifestyle acreage property comprising 26 acres of land with premium, custom-built equestrian facilities, an impeccable, spacious Federation-style residence plus a separate caretaker’s co age, all located just 3 minutes’ drive from Murwillumbah and just 20 minutes from Gold Coast Airport. This outstanding rural estate has been thoughtfully created and immaculately maintained. The property offers a range of opportunities for families to enjoy an amazing country lifestyle incorporating horses, ca le or other types of small-scale/hobby farming or to use it as a training venue. Price Contact Agent View Private inspection Agent Julie-Anne Manahan 0411 081 118
FREECALL 1800 547 848 rh.com.au/murwillumbah
84685
Raine Horne
(02) 6672 4477
Coolangatta | Tweed
Senior Sales Executive-Northern Rivers NSW 0437 140 479
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dominique.williams@qldsir.com | queenslandsothebysrealty.com
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5.66 HA lot situated in spectacular Piggabeen/Cobaki Valley 15 minute drive to Coolangatta beaches & Gold Coast International Airport Private and tranquil subtropical lot with potential ocean views with selective clearing Northerly aspect so you can enjoy winter sun & summer breezes Zoned RU2 Dwelling entitlement
84615
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Motivated vendors are open to all offers. Price $500,000 range View Contact Agent to arrange appointment Agent Peter Walmsley 0412 763 000
84678
Dominique Vasers Williams
(07) 5536 5577 coolangattatweed.ljhooker.com.au
20 Banora Terrace, Bilambil Heights
raywhiteruraltweedvalley.com.au
Key features of this opportunity include: * * * * *
Freehold 4,893m2 block Quality workmanship throughout 9 x 3 mtr shed with concrete oor, power & water Quiet cul-de-sac overlooking a reserve All the hard work has been done
Auction Wed 28 October 5:30pm EDST 4/6-8 Amber Road Tweed Heads South Open homes Sat & Sun 12:00-1:00pm Wed 4:30-5:30pm Agent Brad Franks 0404 051 111
84682
Best Of All Worlds You really can enjoy a superb lifestyle with this exceptional opportunity that has a solid family home with a NE aspect and views over the Terranora Broadwater to the Ocean. This property will suit those who are looking to be self-suďŹƒcient as the garden is full of fruit trees. Motivated vendors are ready to sell. This needs to be on the top of your open home list.
Brand new 7 year lease to Subway Prime Corner location
Net return $48,500 p.a For sale $775,000
Contact Exclusive selling agents for Information memorandum
PRIME FREEHOLD BUILDING COOLANGATTA
Two level freehold building Dual income potential
NLA 214 sqm plus parking For sale $1,450,000
Contact Exclusive selling agents for Information memorandum
Chris Towers 0414 298 292 James Francis 0409 904 925
COMMERCIAL PROPERTY
INVESTMENT LEASED TO SUBWAY MURWILLUMBAH
22 Surf Street, Kingscliff
49 Flemington Street, Banora Point
sold 142 Riverside Drive, Tumbulgum
sold
sold 10 Panorama Drive, Tweed Heads West
sold 10 Lalina Ave, Tweed Heads West
sold 21/8 Woody Views Way, Robina
84616
sold
Over 10 years ‘LOCAL’ Real Estate Knowledge!
Experience - Dedication - Results TWEED HEADS | BANORA POINT | TERRANORA | BILAMBIL HEIGHTS | KINGSCLIFF | CASUARINA | POTTSVILLE | COOLANGATTA | CURRUMBIN
Coolangatta | Tweed
Situated in an elevated position overlooking Tweed Hinterland and Mt Warning these very affordable residential apartments offer a tranquil lifestyle and incredible views. Featuring an assortment of styles and layouts including ground floor and level 1 studios with kitchenettes, to spacious 1 & 2 bedroom, 2 bathroom units with large balconies, patios and stunning panoramic views.
• • • •
Low body corporate fees (starting from $35 per week) Pet friendly upon body corporate approval Well manicured resort grounds includes pool, spa and BBQ area Rates approx. $2,500
For Sale Submit All Offers!!!
Studio apartments priced from $110,000
1 bedroom apartments priced from $240,000
2 bedroom apartments priced from $305,000 84671
Overlooking Tweed Hinterland & Mt Warning. A Rare Price Point & Opportunity.
(07) 5536 5577 coolangattatweed.ljhooker.com.au
Tweed Coast
CASH DRAW LIST YOUR PROPERTY FOR SALE OR FOR RENT
HOW WOULD YOU SPEND THE MONEY? Renovation? Holiday? Rental? Family? Mortgage? Party?
Pottsville Beach 02 6676 1053
Banora Point 07 5523 1111
Tweed City 07 5523 3900
Murwillumbah 02 6672 7828
www.potsville.com.au
www.fnbanora.com.au
www.fntweedcity.com.au
www.fnmurwillumbah.com.au
11/5 Coronation Avenue, Pottsville Beach NSW 2489
4B Banora Shopping Village, Banora Point NSW 2486
1/28 Minjungbal Drive, Tweed Heads South NSW 2486
64 Murwillumbah Street, Murwillumbah NSW 2484
List your property for sale or for rent by 13th December to take part in our $10,000 prize draw. 2 x $5,000 cash prizes to be won. Draw will take place 16th December 2020.
84795
1st SEPT TO 13th DEC 2020 COMPETITION
TWEED COOLANGATTA REAL ESTATE
41 Tralee Drive, Banora Point MOTIVATED SELLER HAS FOUND HER NEW HOME - PRICE REDUCED Offering generous covered full length sunny rear deck. Split level design, the upper level consists of 2 bedrooms with built-ins, main bathroom includes, bath & shower, separate toilet & internal access from the double lock-up garage. Lower level consists of, main bedroom with ensuite, separate lounge, kitchen & spacious family room with access to the deck, perfect for entertaining.
12/5-9 Ivory Crescent, Tweed Heads
Price: $660,000 Inspect: Saturday 11:00-11:30am
Michael Smith 0413 454 350 michael.smith@tcre.net.au
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4/12-16 Cupania Court, Tweed Heads West
Kaeren Smith 0412 454 150 kaeren.smith@tcre.net.au
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Price: $695,000 Inspect: Saturday 12:00-12.30pm
Kaeren Smith 0412 454 150 kaeren.smith@tcre.net.au
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16/13-15 Kingston Drive, Banora Point
Price: $420,000 Inspect: By appointment
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STUNNING IN TOWN APARTMENT Posi�oned in prime loca�on of ‘Waterline Apartments’ offers generous covered balcony, open plan living, �mber look flooring throughout & A/C. Spacious all electric kitchen, granite bench tops. Main bedroom with walk-in robe, ensuite & balcony. Other two bedrooms with own bathroom. Separate laundry with dryer, separate toilet. Li�, security access & parking, storage room & inground lap pool.
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PRESENTATION PLUS Beau�fully presented townhouse in a quiet residen�al complex close to Banora Point facili�es. Spacious living room, light & bright kitchen & dining opens to fenced courtyard garden. Addi�onal 3rd toilet on lower level, internal access from lock-up garage, separate laundry. Upstairs offers 3 bedrooms, main with ensuite & deck, built-ins, main bathroom with bath, shower & separate toilet.
Price: $435,000 Inspect: Saturday 11:00-11.30am
Kaeren Smith 0412 454 150 kaeren.smith@tcre.net.au
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84679
RENOVATED VILLA HOME - GREAT FIRST HOME OR INVESTMENT OPPORTUNITY Posi�oned in quiet cul-de-sac, offering a quiet relaxed lifestyle. Ducted air-con throughout, �mber look flooring in the living room, dining & kitchen offers ample cupboard & bench space & a private outlook. 3 bedrooms, all with built-ins, main offering two way to bathroom. Internal access from lock-up garage & laundry, 2nd toilet. Addi�onal open car space provided.
Thinking Real Estate. Thinnk TCR.
07 5599 2000
53 Wharf St, Tweed Heads NSW 2485
www.TCRE.net.au
Executive town home – Stonehedge
3+ 2+ 2
3 / 61 Charles Street Tweed Heads Set high above Tweed’s dress circle and commanding superb scenic views out to Cook Island and the Hinterland, you will unwind from a day at the beach with this spacious 3 bedroom luxurious town-home, within a small secure gated complex of just 7 residences only.
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3 large bedrooms all with and built-in robes
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Master bedroom with large ensuite, bath and separate shower, walk-in robe, access to outdoor patio
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Double auto lock up garage with internal access
bath
car
Buyer Range $695k - $725k Open Saturday 12:30 - 1pm (NSW TIME)
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Generous open plan air-conditioned living & separate dining zone
David Stringer 0418 150 731
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Ample terrace style balcony
david@djstringer.com.au
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Sociable well-appointed kitchen
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Separate study area
Scenic home with real character
14 Marie Street Tweed Heads South •
Open plan air-conditioned living with 2 separate zones as well as bar area
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Well-appointed kitchen
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Tiled lower living with separate teen retreat/ family room
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Master with ensuite & access to lower balcony
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Covered rear entertainers deck with scenic views
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2 car auto garage with internal access, laundry as well as plenty of storage space & workbench area
Osprey Grove - Enjoy an effortless lifestyle
4 2 2
bed
bath
car
Buyer Range $650k - $675k Open Saturday 11 – 12pm (NSW TIME)
David Stringer 0418 150 731 david@djstringer.com.au
(07) 5599 5222 76 Griffith Street Coolangatta | Open 7 Days | www.djstringer.com.au
26 / 2 Rosella Close Tweed Heads South Enjoy a low maintenance lifestyle from this 3 bedroom villa within moments to Tweed City Shopping Centre and local amenities. •
Open plan living & dining
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Air-conditioned master bedroom with ensuite
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Large rear courtyard & pergola
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Single automatic garage with internal access
3 2 1
bed
bath
car
Buyer Range $450k - $475k Open Saturday 10 – 10:30am (NSW TIME)
David Stringer 0418 150 731 david@djstringer.com.au
the home of real estate
ANOTHER LANDMARK PROPERTY SOLD BY DAVID STRINGER
2 / 1 Tweed Tce Rainbow Bay
SOLD FOR A RECORD PRICE 9,559
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Level of enquiry: Extremely high with many local and interstate buyers looking for their special place in the sun. Wanted: Listings of all calibres urgently required to suffice demand, including off market sales transactions if preferred. For the right advice when buying & selling, contact the region’s most dynamic agent David Stringer in the strictest confidence.
David Stringer 0418 150 731
david@djstringer.com.au 07 5599 5222 | www.djstringer.com.au 76 Griffith Street, Coolangatta QLD
Australia’s Top 100 Agents