Real Estate THURSDAY, JULY 1, 2020 FROM COAST TO
COUNTRY
WWW.TWEEDVALLEYWEEKLY.NET.AU
Regional NSW up
Schmith Estate Agents team with principal Justin Schmith (centre)
The Weekly Real Estate working wonders By Jonathon Howard
THE WEEKLY Real Estate from Coast to Country, launched this year, has been hailed a success by local agents, with reports of buyers using all types of media to find their dream home or investment, including straight from the pages of The Weekly. While the Tweed and Southern Gold Coast property boom has assisted, the timing could not be better for print media to capture buyers that do not use the internet. Schmith Estate Agents principal Justin Schmith said his sale of 38 Thomson Street at Tweed Heads, served as the perfect example of a buyer who found what they wanted in the local paper. “The highest bidder and buyer, to the envy of many, who ultimately secured 38 Thomson Street, doesn’t use emails or the internet,” Mr Schmith said. “Downsizing from a Tweed Valley acreage property, having
worked in office positions for many years, chooses not to be heavily involved in modern technology communications. “Basically, if it wasn’t for Schmith Estate Agents having advertised the property in the local Tweed Valley Weekly, this lovely buyer would have missed out on her chance to secure the property in town.” Mr Schmith spoke highly of The Weekly, including the quaility of the print product and focus on local news. “It’s a great balanced local newspaper that provides a valuable source of marketing, especially for those looking for a mixed marketing approach,” he said. “Of course, there’s always going to be online sales, they’re strong, but when there’s buyers looking, it’s important to have the listings in front of them, whatever methods you chose.” The Weekly would like to extend a big thank you to those local real
estate agents that have helped make the Real Estate from Coast to Country feature a success. The Weekly owner Jonathon Howard said the feedback was “extremely well” received and appreciated. “We have many readers who check the real estate section first and foremost, and this is testament to the content provided in partnership with our sales and design team. “I’d like to thank our local agents for supporting their local paper and we will continue to strive to deliver the Tweed Shire the most trusted and comprehensive local newspaper to the Tweed and Southern Gold Coast for years to come.” YOUR TESTIMONIAL: If you are a local agent or reader and would like to share a positive story, The Weekly would love to hear from you. Please email your details and
CORELOGIC HAS released its latest Quarterly Economic Review, which outlines the recovery in the real estate market in the months to November 2020. The report highlighted both Sydney and regional NSW as being back into the “upswing phase” of the property cycle. “Sydney dwelling values were up 0.3 per cent, while regional values were up 3.1 per cent,” CoreLogic’s Head of Research Australia, Eliza Owen, said. “For regional NSW, this is the highest quarterly growth rate since 2017. Indicators are showing the regional NSW dwelling market is still on the rise, despite the recession. “Every regional market in NSW has seen an increase in dwelling values since March through to November. “There were around 18,000 regional dwelling sales in the three months to November, up a remarkable 23.3 per cent on the same period in 2019.” Looking forward to 2021, Ms Owen said NSW dwelling markets are generally expected to remain in “upswing”. “But pockets of the market are at risk of further decline. Demand is generally shifting from inner-city stock preferred by investors, to detached housing at the periphery of the metropolitan area, and in regional NSW,” she said. Ms Owen said the post-COVID mortgage lending boost was driven by owner-occupiers, including changeover buyers such as upsizers and downsizers, as well as buyers getting into the property market for the first time. “Money lent to first-home buyers saw the fastest growth rate at 35.1 per cent in the year to October, accounting for 22.1 per cent of lending, up from 18.8 per cent in the year prior,” she said. “Meanwhile, investor mortgage lending increased less than one per cent in the same period. There are several factors that contributed to this growth in first-home buyer activity, including generational trends, monetary and fiscal incentives and lower dwelling values and competition.”
Open homes *All open homes are listed in NSW time
Saturday, December 19
Raine & Horne Ocean Shores/Brunswick Heads/Murwillumbah: 47 Andrew Avenue, Pottsville, 9.30am-10am 20 Wirruna Avenue, Ocean Shores, 10am-10.30am 4 Namoi Glen, Ocean Shores, 10.30am-11am 12 Miram Place, Ocean Shores, 11am-12pm 37 Warwick Park Road, Sleepy Hollow, 11am-12pm Schmith Estate Agents: 10 Yolanta Drive, Tugun, 12pm-12:30pm Ray White Tweed Valley: 77 Back Creek Road, Tyalgum, 10am-11am
Magnificent Lifestyle/Equestrian Acreage Holding Just 3 Minutes to Town 33 Baromi Road, Kynnumboon 5
2
3
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