Real Estate THURSDAY, JULY 1, 2020 FROM COAST TO
COUNTRY
WWW.TWEEDVALLEYWEEKLY.NET.AU
Regional NSW house prices hold strong through pandemic
HOUSE PRICES in regional NSW are holding strong despite the impacts of the COVID-19 pandemic, according to the latest real estate industry reports. The Real Estate Market Facts quarterly report by the Real Estate Institute of Australia (REIA) has shown an impact on house prices since the outset of the pandemic, “but it has not been as dramatic as some have predicted”. “In the March edition I flagged that June quarter 2020 will reflect the impacts of the start of the COVID-19 pandemic on both the sales and rental markets,” REIA president Adrian Kelly said. “Whilst there has been an impact on prices it is relatively modest and has certainly not been the doomsday prophesies some commentators expected. “Nor has the impact been uniform across Australia with local market conditions varying, resulting in a range of outcomes.”
Mr Kelly said financial support from the federal government has helped to prop up the real estate market through the pandemic. “The market is holding up better than many expected with the government’s initiatives of JobKeeper and JobSeeker, as well as the banks’ loan deferrals playing their part in stabilising the situation,” he said. “With extensions to these having been announced we expect continued stability in the market.” CoreLogic’s Hedonic Home Value Index for August recorded a decline in property prices nationwide for the fourth month in a row, however regional NSW has not declined and has been steadily increasing over the past 12 months. During August, regional NSW property prices increased by 0.4%. Over the three months to August, prices increased by 1.2% and over the past year they increased by 5%. In contrast, Sydney house prices decreased 0.5% in August, and
Open homes Thursday, October 1 DJ Stringer
53/5-7 Soorley Street, Tweed Heads, 10.30am-11am 115/1 Harbour Drive, Tweed Heads, 10am-10:30am 14/21 Dixon Street, Coolangatta, 4.30pm-5pm
Friday, October 2
First National Murwillumbah
123 Byangum Road, Murwillumbah, 9am-9.30am
Saturday, October 3
First National Murwillumbah
1640 Byrrill Creek Road, Brays Creek, 9am-9.30am 2 Talganda Terrace, Murwillumbah, 10am-10.30am 99 Riveroak Drive, Murwillumbah, 10am-10.30am 3 Frances Street, Murwillumbah, 11am-11.30am 11 The Plateau, Murwillumbah, 11am-11.30am
by 2.1% over three months, however have increased by 9.8% over the past year. CoreLogic’s head of research Tim Lawless said there are several factors that are helping to support regional property markets. “Unlike their capital city counterparts, which usually receive 85% of net overseas migration, most regional markets have avoided the drop in demand caused by the pause in migration,” he said. “Regional markets may also been appealing for their relatively low density and lower price points. “The normalisation of remote work through the pandemic could make proximity to major cities less of a factor in home purchasing decisions.” Mr Lawless also indicated that a lack of new listings is helping to insulate property prices. “Through the COVID pandemic to-date, active listing numbers have remained extremely low, demonstrating both a lower than
An enviable lifestyle has kept property prices high in the Tweed.
average amount of fresh stock being added to the market, and a strong rate of absorption,” he said. “So far there has been no evidence of urgent or distressed listings starting to pile up. “This could potentially change, however, as fiscal support starts to taper at the end of September and distressed borrowers taking a repayment holiday reach their six-month check-in period around the same time.
69 Tweed Valley Way, South Murwillumbah, 12pm-12.30pm 17 Baker Street, Murwillumbah, 12pm-12.30pm 6 McMillan Street, South Murwillumbah, 1pm-1.30pm 1345 Tyalgum Road, Eungella, 1pm-1.30pm 89 Braeside Drive, Uki, 2.20pm-3pm
12 Borton Street, Ballina, 10am-10.30am 1 Point Lookout Chase, Murwillumbah, 10am-10.30am 1 Hunter Street, Burringbar, 10.30am-11.00am 33 Baromi Road, Kynnumboon, 11am-12pm 23 River Street, South Murwillumbah, 11.30am-12pm 1 Elanora Ave, Pottsville, 12pm-12.30pm 28 Larelar Court, Ocean Shores, 12.30pm-1pm 72/73-101 Darlington Drive, Banora Point, 1pm-1.30pm
DJ Stringer
2021 Tweed Ultima, Tweed Heads, 9am-9.30am 2135 Tweed Ultima, Tweed Heads, 9.30am-9am 4/27-29 Dutton Street, Coolangatta, 10.30am-11am 8/27-29 Dutton Street, Coolangatta, 11am-11:30am 73 The Quarterdeck, Tweed Heads, 12pm-12.30pm 14/21 Dixon Street ,Coolangatta, 4.30pm-5pm 20/24 Seaview Road Banora Point, by appointment
Schmith Estate Agents 497/955 Gold Coast Highway, Palm Beach Open, 1pm-1:30pm
Ray White Tweed Valley
Raine & Horne Ocean Shores/Brunswick Heads/ Murwillumbah 9 Banool Circuit, Ocean Shores, 9am-9.30am 38 William Street, Murwillumbah, 9am-9.30am 120 Balemo Drive, Ocean Shores, 9.30am-10.00am 1/4 Roundhouse Place, Ocean Shores, 10am-10.30am
“The timing of these two events could be the catalyst for a gradual rise in distressed listings which will be an important trend to monitor. “If we do see active listing numbers rising to be higher than previous years, it could signal that vendors will need to offer up greater discounts in order to sell their home.” Check out next week’s edition for a quarterly wrap-up of the Tweed’s real estate market.
194 Brays Creek Road, Tyalgum, 10am-10:30am 439 Tweed Valley Way, South Murwillumbah, 11am-11:30am 21 Braemar Place, Urliup, 12pm-12.30pm
Sunday, October 4 Schmith Estate Agents
Reflections Tower 1 804/120 Marine Parade, Coolangatta, 12pm-1pm
MAXIMIZE YOUR PROPERTY 72824
With Raine Horne properties digital advertising plan
Murwillumbah / Ocean Shores / Brunswick Heads phone. 02 6672 4477 freecall. 1800 547 848
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Senior Sales Executive-Northern Rivers NSW 0437 140 479
$265,000 $265,000 $265,000 $265,000
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Dominique Vasers Williams James Stebbings
111/250 Kirkwood Road West, Tweed Heads South
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dominique.williams@qldsir.com | queenslandsothebysrealty.com
84604
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$265,000
Local Realtors Phone : 0755367999
Website : www.localrealtors.com.au
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84651
James Stebbings 0407659615
Only 2% & TOtal free marketing!*
commission Plus GST
When you decide to sell with DJ Stringer this spring Your FREE customised marketing package includes; •
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For a complimentary market valuation and all other real estate advice, contact us today.
84511
* conditions apply & is subject to the value of property being sold
(07) 5599 5222 www.djstringer.com.au
The Southern Gold Coast & Northern NSW most Premier Real Estate Agency
TWEED HEADS
2
1007/2 Stuart Street
2
1
CONTACT AGENT
NORTH FACING WITH PANORAMIC VIEWS Sliding glass shutters on balcony All rooms open up to the expansive balcony Beautiful breezes and natural light all year round One secure basement carpark plus storage cage Air-conditioning and ceiling fans throughout Three swimming pools, tennis court, spa, sauna and gymnasium
PALM BEACH 1/5 Lind Avenue
JENNIFER STANLEY 0433 868 610
2
1
1
INTEREST $420,000 AND ABOVE
GROUND FLOOR, WALK TO BEACH AND SCHOOLS Two bedroom, one bathroom and secure lock-up garage Open plan living, kitchen and dining Sprawling outdoor grassed area ideal for children or pets Small block of 11 units with low Body Corporate Walk to the beach, Tallebudgera creek, cafes' and shops 101m² apartment on a 1869m² block
BANORA POINT
JUSTIN SCHMITH 0422 051 505
5
4 Daintree Close
2
2
$850,000 - $875,000
GRANDEUR & STYLE Five bedrooms, two bathrooms, master with ensuite Split across two levels, two living areas and dual living potential Downstairs rumpus, bedroom and toilet Generous open plan kitchen, living and dining In-ground pool with massive undercover entertaining patio deck Easy to maintain residence on 760m²
CURRUMBIN WATERS
JUSTIN SCHMITH 0422 051 505
3
33/174 Galleon Way
2
2
CONTACT AGENT
OVER 50'S LIFESTYLE LIVING Three bedrooms all with built-ins, master with ensuite and walk-in Well-appointed kitchen with skylight Single level villa with spacious open plan living Outdoor covered patio Split system air-conditioner Pet friendly with a private courtyard
TWEED HEADS 1244/2-4 Stuart Street
ANDREW STEPHENS 0474 955 167
1
1
1 $395,000
NORTH FACING WITH PANORAMIC VIEWS
PHONE: (07) 5607 4156
schmith.com.au
JUSTIN SCHMITH 0422 051 505
COOLANGATTA Shop 10/120 Marine Parade
84592
Spacious 82m², with one bedroom and ensuite Wheelchair enabled apartment Lower benches and wider doorways Ensuite with fold down bench in shower Fully self-contained with kitchen, living and dining space Internal laundry facilities tucked away in the kitchen
TC A RE RT D N N OC U
CASUARINA
4
2
2
32 Dianella Drive
FAMILY FAVOURITE - CASUARINA Four generous size bedrooms, all with built-in robes Master bedroom with ensuite Tiled living areas with 9ft ceilings flowing outdoors Additional media room or second lounge Double lock up garage with internal access Single level 264m2 beachside residence on 535m2 allotment
RAINBOW BAY
MICHAEL KELLY 0411 114 923
2
2
1
D LO S
6/190 Marine Parade
RARE BEACHFRONT OPPORTUNITY IN RAINBOW BAY Unique townhouse-like apartment, only eight in the building The perfect lock and leave, home away from home Polished timber floors on second level Basement car parking with internal access to your apartment Balcony at rear with direct access to the tennis court Across the road from Rainbow Bay surf club
TWEED HEADS
JENNIFER STANLEY 0433 868 610
4
2
2
D LO S
24/1 Botany Crescent
STUNNING HARBOUR VIEWS IN CONVENIENT LOCATION Well-appointed three bedrooms, two bath apartment Two balconies with large front entertaining balcony Top floor position captures abundance natural light Master with ensuite, walk-in robe and private balcony Spacious kitchen with plenty of storage and counter space Large separate laundry with abundant storage throughout
BANORA POINT
JUSTIN SCHMITH 0422 051 505
4
2
1
D LO S
71 Laura Street
FAMILY ENTERTAINER WITH HINTERLAND VIEWS Four bedrooms, master bedroom with walk through robe Bright and airy throughout with flowing spaces and timber floors Stunning views and majestic sunsets Massive undercover entertainer deck Man cave or workshop plus storage space under the house Fully fenced, elevated 670m2 block with established gardens
MURWILLUMBAH
JUSTIN SCHMITH 0422 051 505
4
2
1
D LO S
7 Woodgee Street
NEAR NEW PREMIUM HOME WITH VIEWS
PHONE: (07) 5607 4156
schmith.com.au
JUSTIN SCHMITH 0422 051 505
COOLANGATTA Shop 10/120 Marine Parade
84592
Master bedroom with ensuite and sliding doors onto balcony Modern kitchen with SMEG oven, and sleek stone bench tops DA approval for fourth bedroom/living extension Custom fitted blinds throughout for added privacy Easy care landscaped gardens, eco-friendly rainwater tank Generous double lock-up garage with internal access
Tweed Tweed Coast Coast
Tweed
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CASH DRA HOW HOW WOULD WOULD YOU YOU SPEND SPEND THE THE MONEY? MONEY?
11stst SEPT SEPT TO TO DEC 2020 2020 13 13thth DEC COMPETITION COMPETITION
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64 64Murwillumbah MurwillumbahStreet, Street, Murwillumbah MurwillumbahNSW NSW2484 2484
1 SEPT TO st
Murwillumbah Murwillumbah OR 02 02 6672 6672 7828 7828
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84595
Pottsville Pottsville Beach Beach 02 02 6676 6676 1053 1053
Renovation? Renovation?Holiday? Holiday?Rental? Rental?Family? Family?Mortgage? Mortgage?Party? Party?
ed Coast
5 Somerville Circuit, Murwillumbah $750,000 STYLISH PRIVATE RETREAT • Elevated position with privacy and views, this luxury home encompasses a thoughtfully designed floorplan which combines expansive open plan areas and secluded separate retreats with protected external entertaining spaces that will see you enjoying an outdoor lifestyle all year round. • Outdoor entertaining area is fully tiled with built in gas BBQ, Wok, Electric cooktop & oven, plus sink with hot and cold water. • Stylish kitchen includes 2 x self-cleaning Fisher and Paykel ovens, new stone bench tops with ample storage cupboards under bench • Telstra Smart Community with super-fast WIFI
4
2
2
• Lounge room equipped with 2 dual USB Points • Easy care quality family home on 826m2 block • Generous 5 kw Solar powered system provides year-round comfort and low power bills • Double auto garage with marine carpeted floor • Low maintenance native gardens with self-watering system
Wally Trankle 0417622842
ER D ER N U FF O
AW
1/28 Dorothy Street, Murwillumbah
$469,000 FREE STANDING PRIVATE VILLA
FOR RENT
• • • •
1
1
Solar hot water Bus service to front gate Handy to Murwillumbah CBD Close to local schools and sports fields.
Wally Trankle 0417622842
84567
• Open plan tiled living area • 3 bedrooms with two-way bathroom, single auto garage with internal access • Large under cover private entertaining area • Flood free & fully fenced • Established gardens with fruit trees and natives plus two garden sheds • Direct access to yard allows for caravan or boat storage. • Land size 488m2
3
WOULD YOU
7/47 Murwillumbah Street, Murwillumbah
New Properties For Sale in September $599,000 3
2
2
STH MURWILLUMBAH 25 Scott St
$545,000 3
1
1
$1,755,000
NTH TUMBULGUM 92 Cranneys Rd
3
3
2
U O ND FF ER ER
MURWILLUMBAH 99 Riveroak Drv
STILL LIKE NEW! NOTHING TO DO!
CLASSIC HOME IN FLOOD-FREE LOCATION
MOUNTAIN & VALLEY VIEWS
- 4 year old Coral home - Extra media room or convert to 4th bedroom - Sleek modern kitchen w/ island and stone benchtops - Fully fenced low maintenance yard
- Beautifully high ceilings - Polished floorboards - 3 bedrooms - Huge patios front and back - large highly productive veggie gardens
- 17 Acres - 1 House & 1 Bedroom caretakers cottage - Equestrian facilities
Adrianna Jenkins 0422 265 871
Adrianna Jenkins 0422 265 871
$729,000
MURWILLUMBAH 112 Rous River Way
4
2
2
Adrianna Jenkins 0422 265 871
$975,000
UKI 91 Clareville Rd
4
PRIVATE CULDESAC LIVING AT RIVAVUE
- 4 bedrooms, 2 bathrooms, brick and tile home - 3 Internal living areas - Double garage PLUS a 2 bay shed with workshop - Internet access, Closed fireplace - Large Salt Water swimming pool with deck surrounding - Outdoor Insulated panel entertaining area - Fruit trees which include citrus, and mangoes - Located at Uki and only 30 minutes to the Gold Coast Airport.
- Ironbark timber flooring - Well-equipped light-filled laundry with Caesarstone benchtops - Storeroom/workshop, Auto double garage - Gas Cooktop, Butlers pantry with sink - 6.54 Solar Panels, NBN - Great back yard, Vege gardens, Chickens and orchard, Cubby house/Studio
Anne Besgrove 0402 608 503
$495,000
3
1
1
2
TRANQUIL, TOTALLY PRIVATE, AND PEACEFUL – IS NATURE CALLING YOU TODAY?
- 4 bed, 2 bathroom, non project home
MURWILLUMBAH 12 Park Ave
2
Anne Besgrove 0402 608 503
$579,000
MURWILLUMBAH 15 York St
4
1
ESTABLISHED HOME WITH LOADS OF POTENTIAL
LOCATION, ELEVATION AND CHARM
- Polished timber floors & ornate ceiling cornices. - Modern Bathroom with spa bath & shower. - Living Room with air-con & ceiling fan. - Solar Hot Water. - Internal stairs to basement area presently used for home workshop, laundry & garage. - Basement could be further developed as extra accommodation. - Close to golf course, Wollumbin High School & neighbourhood shopping.
- Fully renovated bathroom and toilet
1
- 3 large bedrooms and a 4th smaller bedroom/office - Freshly painted outside and painted inside within the last 3 years - Large fully fenced yard - Polished hardwood timber floors
Helen Flynn 0435 810 254
Scott Reading 0401 938 937
SOLD in SEPTEMBER
109 Mount Burrell Rd, Mount Burrell Anne Besgrove
1 Coachwood, Murwillumbah Helen Flynn
86 McLeod St, Condong Paul Stobbie & Adrianna Jenkins
45 Kyogle Rd, Bray Park Scott Reading & Paul Charlton
2 Minnows Rd, Dunbible Anne Besgrove
02 6672 7828 sales@fnmurwillumbah.com.au
84593
63 Old Lismore Rd, Murwillumbah Helen Flynn & Adrianna Jenkins
Talk to me about your next move Call Craig Dudgeon 0408 188 184 craigdudgeon_elderstweedvalley
elderstweedvalley.com.au 1 36-42 Murwillumbah Street, Murwillumbah
84507
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