Real Estate THURSDAY, JULY 1, 2020 FROM COAST TO
COUNTRY
WWW.TWEEDVALLEYWEEKLY.NET.AU
Million-dollar listings booming with record prices
By Jo Kennett and Jonathon Howard
MILLION DOLLAR properties are booming across the Tweed Shire with a surge in city buyers from across the country including some purchasing sight unseen, according to local real estate agents. Despite industry fears of a COVID-19-led downturn in housing prices, real estate across the Tweed and Southern Gold Coast has seen a price jump in recent months, with million-dollarplus listings becoming the new normal. Sotheby’s International Realty Senior Sales Executive Northern Rivers Dominique Williams said she sold a home this week at Hastings Point for a record price for the suburb “in the mid $4-million mark”. “It sold within ten days of going on the market to two prominent Hong Kong businessmen, they are expats who bought it through Facetime and Zoom and will be locating back to Australia next year,” Ms Williams said. “There are so many buyers in the $3 to $4 million market, it’s been overwhelming.
“There is a massive amount of cashed-up expats wanting to come back to Australia and they are looking for lifestyle locations. “Historically they would buy in Byron, but we are finding a lot of buyers wanting to come back to somewhere quieter.” Ms Williams said the property “would never have come on their radar if we hadn’t put it in front of them”. “We also had a lot of Brisbane, Sydney and Melbourne enquiries,” she said. “We’ve proven you don’t need to be in the office and there is an airport at the Gold Coast.” LJ Hooker Coolangatta Tweed Sales and Marketing Specialist Lee-Anne Klaus said they had a number of million-dollar listings coming on. “Most of our buyers are coming from interstate,” Ms Klaus said. “One just sold on Terranora Road for $1.3 million and that was definitely a record. “I think they are going to move from Sydney in droves because you get much better value, lifestyle and weather. “I sold a million-dollar property to a woman from Dubai last year
Open homes Thursday, September 10 DJ Stringer
14/21 Dixon Street, Coolangatta, 9am-9:30am
Saturday, September 12 DJ Stringer
2021 Tweed Ultima Tweed Heads, 9am-9.30am 14/1072 Gold Coast Hwy Palm Beach, 9am-9.30am 203/76 Musgrave Street, Kirra, 10am-10:30am 8/27-29 Dutton Street, Coolangatta, 10am-10:30am 4/27-29 Dutton Street, Coolangatta, 10.30am-11am 15/1 Harbour Drive Tweed Heads, 11am-11:30am
sight unseen and there are a lot of people looking at doing that. “We have buyers from Melbourne that are desperate to buy because they have sold down there and want to get up here.” Tweed Coolangatta Real Estate Principal Michael Smith told The Weekly that the main housing over the million-dollar mark are waterfronts “and they are selling well”. “If you found a canal home in Tweed for a million dollars you would grab it quick,” he said. “I recently sold one for $1.3 million and they knocked it down to build a new one. “They were local buyers that wanted to move to the Tweed Heads waterfront.” Mr Smith said they were getting a lot of enquiries from prospective Sydney and Newcastle buyers. “There is an exodus from the cities coming to the Tweed and if they can’t come up to look at properties, they have parents who live here looking for them,” he said. “We had people coming into the country before COVID that they put on a bus and took
The Hastings Point property sold by Sotheby’s for over $4 million
around to properties and they buy them after looking at it for five minutes. They are trying everything.” Prices on the Tweed Coast are also going through the roof, with one buyer shocked to get $1,335,000 for his home in the Black Rocks Estate on Overall Drive at Pottsville. Another house on the same street sold for $1.1 million while
20/24 Seaview Road Banora Point, 11am-11.30am 2/9 Honeysuckle Court Tweed Heads West, 11.30am-12pm 203/76 Musgrave Street, Kirra, 12pm-12.30pm 73 The Quarterdeck, Tweed Heads , 12.30pm-1pm 26/20 Binya Avenue, Tweed Heads, 1.30pm-2pm 14/21 Dixon Street Coolangatta, 4.30pm-5pm 2/5 Cabernet Court, Tweed Heads South, by appointment
Tweed Coolangatta Real Estate 76 Wommin Bay Road, Chinderah, 11am-11:30am 41 Tralee Drive, Banora Point, 11am-11.30am 7/181 Kennedy Drive, Tweed Heads West, 12pm-12:30pm 183 Darlington Drive, Banora Point, 12pm-12:30pm
LJ Hooker 61 Marana Street, Bilambil Heights, by appointment
two homes in Surfside Crescent, Pottsville, sold for $1.25 million and $1.2 million respectively. A home in Elanora Avenue at Pottsville sold for $3 million in early July. Pick up a copy of The Weekly next week for part two of our “million-dollar Tweed” report.
Raine & Horne Ocean Shores/Brunswick Heads/ Murwillumbah 9 Banool Circuit, Ocean Shores, 9am-9.30am 23 River Street, South Murwillumbah, 9.30am-10am 1/4 Roundhouse Place, Ocean Shores, 10am-10.30am 38 William Street, Murwillumbah, 10am-10.30am
10 McPherson Court, Murwillumbah,11am-11.30am 1 Point Lookout Chase, Murwillumbah, 11am-11.30am 10 Kooringa Court, Ocean Shores, 11.30am-12.30pm 1 Hunter Street, Burringbar, 2pm-12.30pm 61 Hunter Street, Burringbar, 12.30pm-1pm 28 Larelar Court, Ocean Shores, 12.30pm-1pm 2/15 Boondoon Crescent, Ocean Shores, 1pm-2pm 72/73-101 Darlington Drive, Banora Point, 1.30pm2.30pm
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Senior Sales Executive-Northern Rivers NSW 0437 140 479
Cabarita Lake Apartments What is a common denominator between nature lovers, surfers and foodies? Cabarita
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Beach is the answer on the heels of being 38/77 Tamarind Ave, named “Australia’s Best Beach for 2020” and its Bogangar two-hatted restaurants, Paper Daisy, Halcyon
Dominique Williams, Sotheby’s International Realty, answers your questions about the Northern Rivers property market. For an answer to your question, call Dominique on 0437140479 or send an email to dominique. williams@qldsir.com. Today’s question is from one of our readers. Is Covid-19 affecting the Northern Rivers property marketing? It’s no secret that Covid-19 has seriously disrupted the economy over the last several months; yet, so far, the Northern Rivers property market has not been negatively affected. Far from slowing down, buyer queries are at an all-time high. Interestingly, the top sources for Cabarita Beach queries are from the Sydney eastern suburbs and the Sydney CBD. For Hastings Point, the prime origins for inquiries are the Sydney eastern suburbs, followed by the Gold Coast.
For the Northern Rivers region generally, I’ve received steady international buyer inquiries from Hong Kong, New Zealand and the US respectively - indicating significant activity from Australian ex-pats. There is a lack of quality properties in the $600,000 to the 1.5 million-dollar price range, and increased buyer demand. When those factors are combined, it gives way to price increases; particularly for well-presented and professionally marketed properties. That said, the Northern Rivers remains a sought-after destination for second-home buyers, investors and now more than ever, primary residence buyers relocating from the city to the coast. What we have is an incredible lifestyle, and the Northern Rivers continually shines as one of the best coastal communities in Australian.
YOUR YOUR YOUR LOCAL LOCAL LOCAL VALUER VALUER VALUER
House and Pipit, Pottsville. If it’s for a weekend $359,000 getaway home, a life change or an investment, Inspection by Appointment 38 - with a price tag that won’t break the bank. dominique.williams@qldsir.com
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Sold in record time for a record price TO FIND OUT HOW CALL DOMINIQUE WILLIAMS
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Beachfront Home on 1,644sqm! 4
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Only once in a generation, does an extraordinary oceanfront residence of this calibre come to the market. This highly sought-after oceanfront 1,644 sqm land parcel found its match with a 382 sqm masterpiece designed home, winner of an RAIA Award for Excellence. This Hastings Point four-bedroom family home with 38 metres of beachfront is seeking its next custodian and owner. It that you? One call to Dominique Williams starts the conversation.
TWEED COOLANGATTA REAL ESTATE
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$879,000
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O S IN PE 1: ATU SPE N 00 R C FO PM DA TIO R –1Y1 N :3 2TH 0P M
“YABURONG” AT EUNGELLA Rustic solid Ironbark timber construction home set on 2.036 Ha comprising: - Inground salt water pool - 2 Bay shed and workshop - Elevated north facing position with panoramic views to the Border Ranges and river glimpses - 3 paddock areas suitable for horses or cattle - numerous fruit trees
$445,000
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O 10 SA INS PEN :0 TU PE F 0A RD CT OR M AY IO –1 1 N 0: 2TH 30 AM
ELEVATED CHARACTER HOME ON HUGE BLOCK
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- *3BR - Recent renovation of kitchen,bathroom and laundry * Polished timber floors * Rear deck for casual entertaining * Fully fenced rear yard provides secure playing area for children or pets * Detached double garage
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$179,000 1
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AVEO MOUNTAIN VIEW RETIREMENT VILLAGE MURWILLUMBAH - Spacious open plan lounge/dining - Modern kitchen with servery, generous storage and bench space - Modern bathroom with bath and shower - No stairs -ramp access - Large verandah leads off from living area and enjoys morning sunshine
Helen Flynn 0435 810 254
Helen Flynn 0435 810 254
$690,000
5
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THIS GREAT FAMILY HOME TICKS ALL THE RIGHT BOXES
O 11 SA INS PEN :0 TU PE F 0A RD CT OR M AY IO –1 1 N 1: 2TH 30 AM
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MOUNTAIN VIEWS FROM THIS ELEVATED POSITION
MURWILLUMBAH 105 Treetops Boulevard
- Neat & tidy 3BR home located close to Murwillumbah Golf Course - The generous size Kitchen, Living Room & Deck catch the morning sun with a wonderful north east aspect. - Stunning views across farmland to the mountains
MURWILLUMBAH 11 The Plateau
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Helen Flynn 0435 810 254
Helen Flynn 0435 810 254
MURWILLUMBAH 177 Byangum Rd
$520,000
MURWILLUMBAH 17 Baker St I OP 12 SAT NS EN :0 UR PEC FO 0P D T R M AY IO –1 1 N 2: 2TH 30 PM
EUNGELLA 1345 Tyalgum Rd
- Well maintained 5 Br 2 Bathroom Brick & Tile in one of our best streets. - Functional floor plan separate living, family & dining rooms. - Covered outdoor entertaining area located close to kitchen and family room. - Stunning views to Mt Warning & Border Ranges.
Are you thinking of selling? Please phone Helen Flynn 0435 810 254
Helen Flynn 0435 810 254
$699,000
2 5
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IN OPE 2: FR SPE N 45 ID C FO PM AY TIO R – 3 11T N :1 H 5P M
- Large shed/studio & Loft storage with air THIS GREAT FAMILY HOME TICKS con & NBN ALL THE RIGHT BOXES - Verandahs and high ceilings -- 3Well maintained 5 Br 2 Bathroom Brick & carport accommodation and 2x Garden Tile in one of our best streets. storage sheds - Functional floor plan separate living, -family 2 water tanks -rooms. 45,000 litres & dining - 1.75/1.9 solarentertaining panels, Mains Electricity Covered kwa outdoor area located closeapproved to kitchenseptic and family room. and views to Mt Warning Border Ranges. -- Stunning 5 acres approx. (2.02ha) to&enjoy!
Helen Flynn 0435 810 254 Anne Besgrove 0402 608 503
$895,000
1 5
1 2
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- Massive 59.51 acres approx. THIS GREAT FAMILY HOME TICKS -ALL Large house pad + numerous other house THE RIGHT BOXES sites - Well maintained 5 Br 2 Bathroom Brick & -Tile 1 bedroom, air-conditioned in one of our best streets. demountable, - Functional floormains plan separate living, NBN connected, power and 3.1kw family solar & dining rooms. - Covered outdoor entertaining area located -close 2 dams, excellent and water tanks to kitchen andsprings family room. - Stunning Livestockviews area, yard,&21x20m barn to round Mt Warning Border Ranges.
Helen Flynn 0435 810 254 Anne Besgrove 0402 608 503
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- 2 large entertaining areas, wrap around verandahs THIS HOME - High GREAT ceilings, FAMILY Large double entryTICKS doors ALL BOXES madeTHE fromRIGHT New Guinea Rosewood -- Portico entrance with Quartz Well maintained 5 Br Brazilian 2 Bathroom Brick & stone Outstanding Tile inpathway, one of our best streets.Views -- Solar 3.5kw panels, 5kwaseparate inverter, NBN availability Functional floor plan living, -family Closed fireplace, Air conditioning & dining rooms. downstairs, Ductedentertaining air conditioning - Covered outdoor areaupstairs located -close Water shed/carport, to Tanks, kitchenBore, and family room. Separate self-contained - Stunning views studio to Mt Warning & Border Ranges. - Variety of established fruit trees on the property plus raised vegetable Helen Flynn 0435garden 810 beds 254
Anne Besgrove 0402 608 503
MURWILLUMBAH Price Guide $619,000 - $635,000 4 2 2 Talganda Terrace 5 2 2 2 O S IN PE 10 ATU SPE N F :0 RD CT O 0 R – 1 AY ION 0: 12 30 TH AM
LIMPINWOOD 895 Limpinwood Rd
$1,190,000
UKI 89 Braeside Drive O SA INS PEN TU PE F 2: RD CT OR 30 A IO – 3Y 1 N PM 2TH
BRAYS CREEK 1640 Byrrill Creek Road
- 4 bedrooms, master bedroom with ensuite THIS GREAT FAMILY HOME TICKS and walk-in robe ALL THE Open RIGHT BOXES - Modern, plan kitchen and living, opening out onto private deck - Well maintained 5 Br 2 Bathroom Brick & -Tile Reverse Airbest Conditioning, High in oneCycle of our streets. speed Telstrafloor Velocity connection - Functional planinternet separate living, -family Modern kitchenrooms. with Caesar Stone benchtop, & dining breakfast and quality appliances - Coveredbar outdoor entertaining area located -close Double garageand andfamily side access to kitchen room. room for the boat or Caravan - Stunning views to Mt Warning & Border Ranges. - Fenced, flat, usable, low maintenance Flynn 0435Spa 810 254 privateHelen back yard with Outdoor
Anne Besgrove 0402 608 503
02 6672 7828 sales@fnmurwillumbah.com.au
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Call Anne Besgrove for a Complimentary Home Appraisal today 0402 608 503