Living Now

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THE ART OF LIVING IN THE NORTHERN RIVERS

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July 30, 2025 The Byron Shire Echo 19

THE ART OF LIVING IN THE NORTHERN RIVERS

Understanding the ground rules gets you the best results There are a myriad of considerations when you are looking to purchase property, buy your dream home or develop a residential or commercial space. This ranges from assessing your financial position and deciding on the project you are pursuing, to how you will make that idea come to fruition and who will help you on that journey. So let’s delve into a few of the basics around what and who you might need to make your project a success.

Interest rates/finance/property market After a long period of very low interest rates Australian interest rates saw several years of steep hikes, a year without movement in 2024 and finally the Reserve Bank of Australia (RBA) began lowering the cash rate in 2025. There was a .25 per cent cut in February and another in May. The RBA then held the interest rate steady at 3.85 per cent in July meeting, defying expectations of another rate cut.

The RBA will meet again on 12 August and they will be looking at a number of factors to determine if there will be another rate cut.

Factors considered include inflation, which they like to maintain between two to three per cent, and the level of employment participation. Recent employment figures have been strong.

The other factor that is playing into the situation is the unpredictable behaviour of the United States government and it’s unstable economic policies.

The RBA stated in May that there was uncertainty about the world economy and that, ‘the Board considered a severe downside scenario and noted that monetary policy is well placed to respond

decisively to international developments if they were to have material implications for activity and inflation in Australia’.

Nonetheless, all four major banks (ANZ, Westpac, CBA, and NAB) are predicting a rate cut of at least a .25 per cent in August and another in November with the NAB and Westpac predicting a third cut in February 2026, taking the cash rate to 3.10 per cent by the beginning of 2026.

This has led to the prediction that property prices will begin to increase over the next year.

‘Australian property prices are on a trajectory to reach unprecedented levels in the 2025-26 financial year, according to new forecasts, presenting a daunting reality for first-home buyers while offering lucrative opportunities for sellers,’ stated Property Buzz recently.

First home buyers If you are looking to buy your first home in Australia there are a number of government-backed assistance schemes to help you enter the market. These schemes have specific criteria that you must meet to be eligible including being an Australian citizen or

a permanent resident of Australia, being 18 years or over, time frames for moving in, and length of time you must live in the home, minimum deposits, etc.

The First Home Buyers Assistance scheme is a NSW government scheme that provides a full or partial exemption on transfer duty otherwise known as stamp duty. This applies to people who are buying their first home for a value less than $1 million. It also requires you to move into the home within 12 months and to spend a minimum of 12 continuous months living in the home.

First Home Owners Grant for a new home is a $10,000 grant towards buying or building your first home. It is a NSW government-backed grant that is for a new house that no one has previously lived in. The house must be worth no more than $600,000 (or, for a house and land package with comprehensive building contract, no more than $750,000). Again there is the 12-month requirement for living in the house.

The First Home Guarantee is Australian government-backed and ‘provides a guarantee to the participating lender to enable you to borrow up to 95 per cent of the property value.’ Your taxable income must be below the income cap - $125,000 for individuals or a combined $200,000 for joint applicants.

Diversify your income For some people, the idea of buying a property, and generating an income from it, is an essential part of how they are thinking about their future.

‘A clear direction from the beginning is important,’ said Mercedes Castrikum from Castrikum Adams Legal.

‘When I first started out clients were often forced to go far and wide, but that’s not the case anymore. Solicitors can now work

USEFUL ONLINE RESOURCES Buying a property: www.service.nsw.gov.au/guide/buying-a-property www.nsw.gov.au/housing-and-construction/buying-and-selling-property/buying-residential-property-nsw First home buyer grant: www.revenue.nsw.gov.au/grants-schemes/first-home-buyer Stamp duty: www.revenue.nsw.gov.au/taxes-duties-levies-royalties/transfer-duty 20 The Byron Shire Echo July 30, 2025

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ECHO LIFTOUT

closely with town planners, developers, builders, etc. and it creates solid support for the client.’

Some people might look at setting up a dual occupancy, granny flat, or tiny home on their land. Others might be considering some kind of farming or productive permaculture gardens to supplement their income at local farmers’ markets or with roadside stalls.

What is key is that you not only understand what you might do for extra income, but to make sure that you can actually do what you are planning to do on the land or property you are buying or renting.

‘Dual occupation, granny flats, permaculture and many other home businesses or hobbies all come with an overlay of regulations,’ said Mercedes.

‘The tiny house movement is fabulous, but you need to know what the development controls are for tiny homes. Again if you want to have a roadside stall, a professional practice or people coming to your home for professional consultations then knowing what you want to do and and where you are going from the beginning is key.’

There are a range of laws from local council to state, and even commonwealth-level regulations that determine the activities, buildings and restrictions for any particular piece of land. Making sure you are actually allowed to build, or do the planned activity on the site before purchasing it helps to avoid both future disappointment and frustration.

For a dual occupancy, or granny flat, it is important to check in with your local council planning department or with a registered certifier or conveyancer that understands which zoning regulations allow what activities where. This can change depending on the Local Government Area (LGA) that the property is in as each council sets up their own Local Environment Plan (LEP) and Development Control Plan (DCP) to help shape the different areas of their shires.

Tiny homes, or structures on wheels, are one popular way to have

a spare room or to supplement an income, but it is important to check with your local council about where they are allowed and other requirements. Importantly, the rules can differ between rural and urban settings with limitations on placement, how many consecutive nights they can be occupied and who is occupying them. Depending on how, and for what purpose they are being used, this can also impact how they are installed.

can be an attractive feature. Do you want to highlight effective storage, multi-use spaces or perhaps open-plan living to make the best use of the house and property.

It is important to check with your local council if you can put a tiny home on your block, the conditions, and what is and isn’t allowed, as this will change both within a council area and from council to council across NSW.

Bringing a vision together and moving a project forward as a cohesive concept is vital, explained Bisque Interiors designer and creator Kathy Brauer.

‘Often one thing that is overlooked when people get excited about home hobbies or a home business are the tax considerations, and that needs to be considered in relation to the impact that will have on your future income and investment,’ said Mercedes.

‘I think that what happens is that certain people align with each other in the industry, so if you have a particular style of house you are renovating, then you might have a certain garden person in mind that you know will work with that style.

Beautifying and creating value For those looking to increase the value of their property as the market begins to grow, there are a number of ways you can increase the value.

Creating an overall cohesive concept for your property is key with houses, gardens and landscaping all integral to increasing the value of your property, whether it is large or small.

Picking out key elements that are worth focusing on can really help you decide what to highlight, especially if you have a particular budget in mind.

If you have heritage features, then repairing and featuring these can give your property charm and desirability. Something as basic as property maintenance, inside and out, can ensure that your property looks cared for and maintained.

Another effective way to increase the value of the property is to renovate the kitchen or bathroom as some buyers are willing to pay more to be able to move straight into a property.

Even if you have a smaller property making good use of space

Bringing in an interior designer and/or landscaper in to help shape your vision for the house or property can also help you add value to your property.

‘For example, with house plans I do in the interiors, but I will also give a general feel on the exteriors and then the landscapers will put something forward that is in keeping with the overall style being used. The whole thing has be cohesive and it all has to feel like one – there is no more ‘good old days’ of not worrying about your garden. I think this is the only way it can be done to get a house that is really amazing.’

‘As interior designers, we use a lot of eco-products including coconut, cotton, onyx, fossilised coral, rafia, recycled glass and rattan,’ explained Kathy.

Tying the outside space to the overall design and feel of the property can be important, and is really a chance to enhance the property.

‘My passion is interior design and at Bisque Interiors our strength is our lighting as well as using a lot of eco-products for our interiors and finishing off. You definitely have to work hand-inhand with everyone across the project to ensure you get the right overall look and feel for a project.’

MORE USEFUL ONLINE RESOURCES Building:

www.planningportal.nsw.gov.au/myhome-planner Renovating:

www.nsw.gov.au/housing-and-construction/building-or-renovating-a-home/renovating-property-nsw Real Estate websites:

Domain.com.au Realestate.com.au www.echo.net.au

July 30, 2025 The Byron Shire Echo 21

THE ART OF LIVING IN THE NORTHERN RIVERS

Why Northern Rivers Homes Peak When Everyone Else Pays Why Northern Rivers homes peak when everyone else pays In the Northern Rivers, peak electricity pricing is a significant household expense that solar and battery storage systems can dramatically reduce or even eliminate. With electricity rates reaching 40 to 45 cents per kilowatt-hour during peak periods (2pm to 8pm on weekdays), nearly double the cost during off-peak times, the financial impact on family budgets is considerable.

The cost of peak pricing Peak pricing structures are designed to alleviate pressure on the grid during periods of high demand. However, everyday activities such as preparing dinner, cooling the home, and running appliances often take place precisely when electricity is most expensive. For example, running a 5kW air conditioner during the sixhour peak window costs approximately $5.40 per day. The same usage during off-peak periods would be just $3.00. When scaled across a household’s regular energy needs, this difference can amount to hundreds of dollars each year in additional costs, simply for using electricity during standard living hours.

The economics of solar and battery storage Solar generation aligns closely with peak pricing periods. A standard 6.6kW solar system delivers its highest output during the expensive afternoon window. However, solar alone cannot solve the problem of evening peak usage. Once the sun sets, household electricity demand remains high while generation drops off. This is where battery storage becomes essential. By storing surplus solar energy generated during

22 The Byron Shire Echo July 30, 2025

the day, batteries allow households to draw on their own power in the evening, avoiding expensive grid usage. According to Rainbow Power Company, homes with combined solar and battery systems save between $3 and $10 per day during peak periods. This translates to annual savings of $1,000 to $3,000.

Federal battery rebate now available Recognising the critical role home batteries play in stabilising the electricity grid, the federal government launched a new battery rebate program on 1 July 2025. According to the Department of Climate Change, Energy, the Environment and Water, the initiative is reducing costs for everyone, not just those who install a battery, by lowering peak demand and supporting a more stable electricity grid.

This rebate can be combined with existing solar incentives, significantly reducing the upfront cost of installation. With the program available for a limited time, households have a clear opportunity to invest in battery storage at reduced cost.

step towards greater energy independence.

Why the Northern Rivers is uniquely suited

More than just financial returns

The Northern Rivers region enjoys strong solar yields year-round, making solar generation consistently reliable. However, the area also faces particular challenges that increase the value of battery storage. Grid reliability is a concern, with outages occurring relatively often, especially in rural and hinterland areas. Recent severe weather events have further exposed the vulnerability of centralised energy infrastructure.

More than 40,000 homes in the region could benefit from solar and battery storage. Many already have rooftop solar systems installed, making the addition of a battery the logical next

While cost savings often drive initial interest, additional benefits become clear after installation. Gavin Phibbs, Sales Leader at Rainbow Power Company, notes that customers frequently highlight the peace of mind that comes with being more energy independent, especially during storms or outages. Many also speak of the satisfaction that comes from future-proofing their homes and contributing to a cleaner energy mix. These sentiments reflect a broader shift in how households perceive energy. As Rainbow Power Company CEO

Matthew Wittemeier explains, home batteries are becoming essential infrastructure. They help households manage blackouts, reduce reliance on the grid, and avoid exposure to rising peak tariffs.

For households in the Northern Rivers still paying peak electricity prices, the question is no longer whether battery storage makes sense, but when to make the switch. Current conditions suggest that sooner is best.

Rainbow Power Company has been at the forefront of Australia’s solar movement since 1987.

For a personalised assessment, visit 1 Alternative Way, Nimbin, or call 02 6689 1430.

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Konpak Unlocks New Ways of Living On a quiet patch of land in Chinderah, a cluster of small homes dot the backyard. They belong to Dan Alroy, his wife, sons and extended family – living side-by-side, each with their own space but always close enough to lend a hand. It’s simple, affordable, and deeply connected living. The kind of setup that feels increasingly rare in a housing market that often pushes families further apart.

Just over in Cudgen, Cody Greer is preparing for a new chapter with his partner Jordy, their two-year-old, and a baby on the way.

He’s converting an old bus into a home on a pocket of land he’s secured nearby, an intentional move towards a life with more freedom, more nature, and less financial strain.

help people unlock new ways of living. The team supports clients through the whole journey: from choosing land and navigating council approvals, to tailoring the design for off-grid living, family use, or rental income.

where we build smaller to create a larger life.

As housing pressures grow, the question isn’t just where to live, it’s how we want to live. Konpak’s homes offer a tangible answer: smart, sustainable, and personal. With the traditional dream of home ownership being so far out of reach for most, the team at Konpak see it as an opportunity to create a new kind of dream,

As they open bookings for 2026, one thing’s clear: the future isn’t necessarily bigger. But it might just be better.

Whether you’ve got land already, a block you’re underutilising, or a dream of living smaller and lighter, Konpak is helping Australians reimagine home, one tiny build at a time.

Konpak.com.au 0434 272 353

Dan and Cody are the co-founders of Konpak, a Northern Riversbased tiny home company that’s redefining what it means to live well, without needing more space, more stuff or more debt.

Founded in 2023, Konpak designs and builds custom tiny homes, modular dwellings, and cabins that prioritise quality craftsmanship, sustainable living and thoughtful design. Each home is under 40 square metres yet feels generous in its layout and full of possibility.

For Dan, a licensed builder with years of experience in modular and residential construction, the shift towards small-scale housing was a natural one. ‘Having my boys live close has been such a gift, not just practically, but emotionally,’ he says. ‘We’re each doing our own thing, but we’re there for each other. That’s what a home should enable.’

The flexibility of tiny homes is something more people are exploring, whether it’s multi-generational living on an existing property, building a starter home on a modest piece of land, or even creating a mobile setup that allows you to take your life on the road.

Cody, a designer and former founder of Northface Designs, brings a future-thinking design lens to the business. Every build he touches is practical, beautiful, and designed to evolve with the people who live in it. ‘When you’re raising a young family, you think a lot about how your home supports your lifestyle - not just now, but in five, ten years,’ Cody says. ‘We’re trying to give people options they might not have realised were possible.’

And that’s where Konpak shines. They don’t just build houses, they

Build better.

Live lighter.

Tiny homes thoughtfully built in Murwillumbah, tailored to you.

konpak.com.au www.echo.net.au

0434 272 353 July 30, 2025 The Byron Shire Echo 23

THE ART OF LIVING IN THE NORTHERN RIVERS

Award-winning, Sustainable, Energy Efficient Building are well ahead of Australia.

Builder-Director Nicholas Jouin has worked with hemp and natural building for over 15 years and has a wealth of experience in the field. His team includes a skilled project manager who prides himself on accurate cost forecasting and planning, and an incredible architect who has experience in designing for aesthetic, functionality and energy efficiency.

The cost of building materials and trades has increased significantly over the last five years in Australia, which has definitely had an impact on the industry. While some builders are tending to under-quote in order to win clients over, Permastructure believes it is really important to offer their clients accurate estimates to prevent budget blow-outs, while ensuring quality construction and high-end finishes.

If you are interested in building a new home, undertaking a unique renovation or a shop fit-out, Permastructure Pty Ltd can support you with all aspects of project management.

Their design process includes in-depth budget planning, support with building code compliance, and all aspects of design.

Permastructure offers:

Permastructure Pty Ltd is an award-winning, sustainable, building company based in Northern NSW, specialising in in bespoke homes and commercial projects using progressive eco-materials including recycled timber, sustainably harvested hardwoods, hempcrete and rammed earth. In 2024 Permastructure won a Master Builder Award for Sustainability & Energy Efficiency for a home in Eureka.

Alongside innovative architectural design, they adhere to real sustainability practices. They often incorporate passive house principles into homes (via ‘PassivHaus’ standards) to ensure the highest energy efficiency.

While some builders claim to be ‘sustainable’, there are not many that really keep up-to-date with environmentally sound construction practices and European building standards, which

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Architectural design

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Hempcrete consulting

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Planning and construction approval coordination

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Construction of new homes

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Construction of our sustainable prefab homes

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Custom and bespoke renovations

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Custom and artistic joinery (including windows, doors, kitchens, cabinets).

0428 471 061 www.permastructure.com.au 8/19-21 Centennial Circuit, Byron Bay

Permastructure Pty Ltd is an award– winning* sustainable building company specialising in bespoke homes and commercial projects using progressive eco-materials including recycled timber, sustainably harvested hardwoods, hempcrete and rammed earth.

Quality construction; high-end finishes; functional and creative designs.

Master Builder Award for Sustainability & Energy Efficiency for a home in Eureka in 2024.

www.permastructure.com.au connect2@permastructure.com.au 24 The Byron Shire Echo July 30, 2025

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Elevating living with timeless stone – discover Stone Style Mullumbimby Tucked away in the heart of the Byron Shire, Stone Style Mullumbimby is a destination for those looking to elevate their residential or commercial spaces with thoughtful, organic, and creative surface treatments. Proudly located in the Northern Rivers region, Stone Style has earned a reputation for supplying unique natural stone and porcelain materials that blend functionality with beauty.

At the Mullumbimby showroom, customers are welcomed into a curated space that showcases a wide selection of natural stone tiles and pavers, wall cladding, stepping stones, and porcelain feature tiles. Each has been selected with design, quality and durability in mind.

Whether you’re working on an interior renovation, pool area upgrade, or large-scale landscaping project, Stone Style offers materials that enhance every environment with a touch of elegance and authenticity.

Managed by Emma, the showroom is a space where inspiration meets expertise. Emma brings a fresh eye and a deep understanding of current trends, guiding homeowners, designers and builders through the selection process with a focus on style, practicality and cohesion. Clients can explore an array of surface solutions for both indoor and outdoor use, including pool mosaics, decorative features and architectural cladding, all within a warm and welcoming environment.

Just a two-minute walk around the corner from the showroom, Stone Style’s Trade Store and Distribution Centre on Manns Road offers convenience and comprehensive support for tradespeople and professionals. This space is managed by Dylan, who works closely with local tilers, builders and landscapers to ensure they have access to everything needed to get the job done. Stocked with trusted trade essentials including glues, grouts, sealers, tools and accessories, the Trade Store supports Stone Style’s product offering with brands like Mapei and Ardex, both known for their reliability and high-performance formulations.

Together, the showroom and trade store work in harmony

to provide a seamless experience for customers, from design inspiration and material selection to professional advice and on-site essentials. It’s a complete, design-led service grounded in the belief that surface treatments should be both functional and beautiful.

With locations on the Gold Coast and Mullumbimby, Stone Style is proud to be part of the Northern Rivers community, collaborating on projects across the region that celebrate nature, craftsmanship and good design.

The Mullumbimby hub, in particular, serves as a creative meeting point for locals and visiting professionals alike, offering a hands-on experience with materials that stand the test of time.

Whether you’re a homeowner starting from scratch, a designer with a vision, or a trade professional needing fast access to stock, Stone Style Mullumbimby is ready to support you at every stage of your project.

Mullumbimby Showroom: 6/10 Towers Drive Mullumbimby Phone: 02 8599 4120 Email: hello@stonestyle.net.au Mullumbimby Trade Store & Distribution Centre: 10 Manns Road, Mullumbimby Opening Hours: Monday to Thursday: 7:30am to 4pm Friday: 7:30am to 3pm Saturday: 8am to midday Sunday and public holidays: closed Explore the full range at stonestyle.com.au Instagram: @stone_style__ Trade Store Instagram @stonestyle_trade

www.stonestyle.com.au • 02 85994120 • 6/10 Towers Drive, Mullumbimby www.echo.net.au

July 30, 2025 The Byron Shire Echo 25

THE ART OF LIVING IN THE NORTHERN RIVERS

Australia’s shift from coal to clean energy: Northern Rivers’ ProSolar leads the way Australia is undergoing one of the most significant energy transitions in its history, moving away from coal and embracing solar power and battery storage. As the nation reduces its reliance on fossil fuels, local companies like ProSolar, based here in the Northern Rivers, are playing a pivotal role in delivering clean, affordable, and reliable energy to homes and businesses.

For decades, coal-fired power stations have been the backbone of Australia’s electricity grid. However, concerns over climate change, rising energy prices, and the aging nature of coal infrastructure have accelerated the shift towards renewable energy. Over the past ten years, solar energy – particularly rooftop solar – has boomed, with more than three million Australian households now equipped with solar panels. This growth is being matched with rapid investment in battery technology, enabling homes and communities to store solar energy and use it around the clock.

In regional areas like the Northern Rivers, this shift is not only an environmental necessity but also a practical and economic opportunity. Local communities are embracing renewables at a faster rate than many metropolitan areas. Here, residents understand the importance of selfsufficiency, sustainability, and building resilience against climate and grid instability.

At the forefront of this clean energy movement is ProSolar, a trusted, local business that has become a cornerstone in the region’s transition to renewables. Backed by federal government support, ProSolar is leading the rollout of solar

mounting, solar and battery solutions offer longterm savings and energy independence.

The environmental impact is equally significant.

Solar energy systems installed by ProSolar in the Northern Rivers are estimated to prevent thousands of tonnes of carbon emissions annually. This contributes directly to cleaner air, a healthier environment, and a more sustainable future for the next generation.

and battery systems across homes, farms and community buildings. With a reputation for reliability, local knowledge and personalised service, ProSolar is helping everyday Australians take control of their energy future.

Beyond the environmental and economic benefits, there’s a sense of community pride that comes with embracing local solutions. ‘When people see the ProSolar team arrive, they know they’re dealing with locals who care about the region,’ says Budgen. ‘We’re not a fly-in, fly-out operation – we’re part of the community. That trust really matters.’

a difference.’

The move away from coal is being driven by both policy and market forces. The federal government’s commitment to net-zero emissions by 2050 includes major investments in solar, wind and battery storage. Programs such as the Our mission is to empower National Battery Scheme and Clean Energy Future Fund are communities with clean, ensuring that regional and rural reliable energy.

Australians are not left behind.

‘Our mission is to empower communities with clean, reliable energy,’ says Rachael Budgen, ProSolar’s Regional Operations Manager. ‘As a local company, we understand the unique needs of Northern Rivers residents— from off-grid rural properties to coastal homes impacted by extreme weather events. We’re proud to be delivering real solutions that make

ProSolar has been a key delivery partner in this effort. Working closely with local councils, community organisations and homeowners, they’ve installed thousands of systems that not only reduce emissions but also cut energy bills. In a time when cost-of-living pressures are

As Australia continues its shift from coal to clean energy, companies like ProSolar are proving that local businesses can lead national change. With their combination of trusted service, technical expertise, and deep roots in the community, they’re not just installing solar panels – they’re powering a cleaner, brighter future for the Northern Rivers and beyond.

Interested in making the switch to solar and battery storage? Contact ProSolar Australia today for a free consultation.

02 7912 0760 www.prosolaraustralia.com.au Based in the Northern Rivers, servicing homes and businesses across NSW.

NEW FEDERAL BATTERY REBATE AND SOLAR SUPPORT FOR AUSTRALIAN HOUSEHOLDS AND BUSINESSES The Australian Government is significantly expanding support for clean energy, with new incentives aimed at making solar and battery storage more accessible for homeowners and small businesses.

FEDERAL BATTERY REBATE AVAILABLE NOW!

Introducing the Federal Battery Rebate: $350 per kilowatt-hour In addition to the existing Small-scale Renewable Energy Scheme (SRES), the government has now introduced a Federal Battery Rebate of $350 per kilowatt-hour (kWh) of usable battery storage.

This means a standard 10kWh home battery could attract up to $3,500 in rebates.

ProSolar has designed 3 solar and battery packages to help you take advantage of the federal government discounts this year 2025

6.6kW SOLAR SYSTEM + 19.2kWh BATTERY STORAGE

8.8kW SOLAR SYSTEM + 22.4kWh BATTERY STORAGE

10.56kW SOLAR SYSTEM + 38.4kWh BATTERY STORAGE

● 15 x Trina Vertex S+ with a 25 year warranty

● 20 x Trina Vertex S+ with a 25 year warranty

● 24 x Trina Vertex S+ with a 25 year warranty

● 1 x Sungrow 19.2kWh Battery with a 10-year premium warranty

● 1 x Sungrow 25kWh Battery with a 10-year premium warranty

● 1 x Sungrow 38.4kWh Battery with a 10-year premium warranty

● 1 x Sungrow 5kW Hybrid inverter with a 10-year premium warranty

● Total cost after discount = $12,328 or $63 per week financed

● 1 x Sungrow 8kW Hybrid inverter with a 10-year premium warranty

● Total cost after discount = $14,826 or $75 per week financed

● 1 x Sungrow 8kW Hybrid inverter with a 10-year premium warranty

● Total cost after discount = $29,346 or $150 per week financed

The above prices include supply, installation (standard installation on a tin roof) and GST. The federal government discount is subject to change at anytime.

Trusted. Local. Reliable.

26 The Byron Shire Echo July 30, 2025

ProSolar Australia 6/71 Molesworth St, Lismore NSW 2480 02 7912 0760 prosolaraustralia.com.au www.echo.net.au

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Bisque: objects with soul. Spaces with meaning.

Pioneers of the coastal luxe aesthetic in Australia since 2000.

Long before ‘coastal luxe’ became part of the Australian design vocabulary, Bisque was quietly setting the tone. What started as a personal passion project has evolved into a thoughtful design studio and showroom – renowned for its calm, refined aesthetic and commitment to timeless materials, natural textures, and handcrafted pieces.

imperfection, and the tactile nature of handmade objects.

Today, Bisque continues to lead from its light-filled studio and showroom in Byron Bay, offering a curated selection of artisan-made furniture, lighting, textiles, tiles, basins and homewares.

Every piece is designed in-house and made in close collaboration with a trusted network of skilled craftspeople around the world – makers who understand the language of simplicity and soul.

Founded in 2000 by husband-andwife team Ralph and Kathy, and now joined by their daughter Hannah, Bisque was born from a love of Their collections are deeply materialtravel, craftsmanship, and the kind driven. You’ll find: hand-carved marble of interiors that feel as grounding as and onyx basins that turn bathrooms they are beautiful. Drawing inspiration into sanctuaries; natural stone tiles from global landscapes – desert in soft, sandy tones; sculptural towns, Mediterranean pendant lighting in villages, ancient ruins ceramic, clay and rattan; and sun-bleached and an ever-evolving coastlines – Bisque range of furniture became one of the – from oversized Beyond their product first design houses timber consoles to range Bisque offers a full in Australia to offer handwoven sofas, what is now known interior design and styling armchairs and as the coastal luxe service for both residential bedheads. There are look. At its core is vintage benches, and commercial projects. an appreciation clay pots sourced for restraint, from remote

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villages, and woven rugs made from jute, wool, and hemp – every item telling a story of time, place and craft.

At Bisque they place great importance on sustainability and traceability. Their materials are consciously sourced, their production runs are limited, and they avoid trends in favour of longevity. They believe in buying less, but better – pieces that don’t just fill a space, but transform it. They’re proud to work with artisans who use traditional techniques, often passed down through generations, and to support small communities and independent makers who share their values.

Beyond their product range, Bisque offers a full interior design and styling service for both residential and commercial projects. From coastal homes to boutique hotels, wellness studios and retail spaces, they bring the Bisque philosophy into environments where calm and beauty can coexist. Their design process is collaborative, tailored and deeply intuitive – whether they’re helping to select finishes for a bathroom renovation or styling a home from the ground up.

Visiting their Byron Bay showroom is a sensory experience. Every corner is thoughtfully composed to reflect

the feeling of a lived-in, well-travelled home: raw yet refined, grounded yet elevated. It’s a place to slow down, explore and connect – with objects, with materials and with their team.

More than a store, Bisque is a way of living. It’s about choosing pieces that carry meaning, embracing the beauty of imperfection, and creating spaces that feel effortless, calm and quietly luxurious.

Visit their showroom at 3–4/60 Centennial Circuit, Byron Bay bisquetraders.com.au

July 30, 2025 The Byron Shire Echo 27

THE ART OF LIVING IN THE NORTHERN RIVERS

Castrikum Adams Legal and Bangalow Conveyancing Expertise in complex property transactions Navigating property transactions in New South Wales, particularly in the Northern Rivers region, often involves unique challenges. Castrikum Adams Legal and its subsidiary, Bangalow Conveyancing, are recognised for their proficiency in both standard and complex property law matters.

Importantly, Bangalow Conveyancing is also experienced in handling conveyancing matters in Queensland, providing cross-border expertise for clients with property interests in both states.

Comprehensive property law services Castrikum Adams Legal provides a full range of property law services, including: •

Residential and commercial conveyancing (NSW and QLD)

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Business transactions

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Leasing and property development

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Dispute resolution.

The firm is frequently engaged in matters involving boundary disputes, encroachments, easements, and compliance with planning and environmental legislation. Their approach is practical and clientfocused, with an emphasis on early identification and management of legal risks.

Bangalow Conveyancing offers

comprehensive and competitive fixed-fee conveyancing for residential, rural, and commercial properties in both NSW and Queensland. The team is adept at handling transactions involving complex title issues, offthe-plan purchases, and properties affected by unregistered interests or planning overlays. Their local insight ensures that clients receive advice relevant to the Northern Rivers property market, local council requirements, and the specific regulatory frameworks of both NSW and QLD.

Local knowledge and community connection A key strength of both firms is their deep connection to the local community. Team members are locals, providing them with a nuanced understanding of local planning controls, council processes, and the specific challenges of rural and regional property transactions. This local expertise enables them to deliver practical, relevant guidance to clients.

Navigating access disputes In a recent matter, the firm represented a local landowner who discovered her long-used and extensive driveway was not legally on her title, an issue that only surfaced after the neighbouring property changed hands. The new owner

questioned the arrangement, leading to negotiations over whether to formalise access via an easement or pursue a boundary adjustment, with compensation quickly becoming a sticking point.

This case highlights the importance of thorough due diligence in rural property transactions, particularly regarding access rights.

It also demonstrates the complexities practitioners face when negotiating with multiple parties, including agents and neighbours with competing interests.

Legal options offer pathways to resolve such disputes, but they often involve costs, compensation, and the potential for strained relationships.

Ultimately, this matter settled without proceeding to court and underscores the need for clear communication, careful negotiation, and proactive risk management in rural conveyancing practices.

Managing complexity for clients Castrikum Adams Legal and Bangalow Conveyancing are regularly instructed in matters requiring more than routine conveyancing, including: •

Subdivisions

•

Boundary and encroachment disputes

•

Easements, covenants, and rights of way

•

Planning and development consent issues

•

Transactions involving unregistered or informal interests

•

Representation in court proceedings.

Their integrated approach ensures that clients benefit from both legal and conveyancing expertise, with even the most complex property matters managed efficiently and with meticulous attention to detail.

Technology and regional expertise Both firms utilise secure digital platforms for document management and settlements, enabling clients to transact efficiently and securely. Their combination of local knowledge and

technical legal expertise positions them as trusted advisors for property owners, investors, and developers in the region.

Final word For buyers and sellers, Bangalow Conveyancing provides comprehensive services across residential, rural, and commercial property transactions in both NSW and QLD. For property owners facing complex issues, Castrikum Adams Legal is the trusted choice.

Both firms deliver clear and effective solutions, underpinned by legal expertise, practical experience, and a deep understanding of the local community.

Phone: 02 6687 1167 Address: George Reading Building, Suite 2, 5 Lismore Road, Bangalow

Meet Mercedes and Craig, the heart of Castrikum Adams Legal and Bangalow Conveyancing.

MERCEDES Well known in Northern Rivers, Mercedes has acted in a broad spectrum of legal matters, including complex property matters, building and construction disputes, corporate and business transactions, commercial litigation, elder law (aged care matters), estate planning, probate and administration, and conveyancing. Mercedes appears in Courts and Tribunals, bringing a wealth of practical and procedural knowledge to every matter.

CRAIG Craig brings 37 years of experience in the residential development and commercial building industry. His extensive involvement in the commercial building sector has provided him with a thorough understanding of the compliance challenges faced by all parties in building and development matters. Craig’s industry insight ensures that our clients receive advice and service that is both commercially astute and, along with Mercedes expertise, is legally robust.

PRACTICE AREAS • NSW & QLD Conveyancing • Complex Property Matters • Subdivision Project Management • Building and Construction Law • Wills, Powers of Attorney & Appointments of Enduring Guardian • Estates & Estate Litigation • Elder Law & Aged Care Contracts • Business Transactions • Leasing & General Commercial

Drop in for a friendly chat today.

www.castrikumlegal.com.au • 02 6687 1167 • Suite 2, 5 Lismore Road, Bangalow 28 The Byron Shire Echo July 30, 2025

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ECHO LIFTOUT

Luxury granny flats and modular homes Moncasa Homes is a leading Australian builder specialising in architecturally-designed modular granny flats and small homes, serving the Gold Coast, Queensland, and Northern New South Wales. The company offers turnkey modular living solutions, delivering energy‑smart dwellings in as little as 12 weeks from council approval. Their focus lies in clear pricing, sustainable construction, and providing clients with a seamless, low‑stress build experience.

Operating out of Molendinar on the Gold Coast, they manufacture all units off‑site in their factory to ensure quality control before delivering to the client’s property. This approach supports precision construction and speedy delivery.

Their mission is to provide sustainable, high‑quality modular dwellings that meet changing housing needs while enhancing property value. The company emphasises socially- and environmentally-responsible design, fuelled by a belief that granny flats should be financially viable, flexible, and built to last.

Moncasa offers three main product models: •

•

Moncasa 1: a one‑bedroom granny flat, priced from approximately A$165,000 (including transport and foundations) for a turnkey unit. It features a full steel frame, vaulted ceilings, air-conditioning, dishwasher, sealed-floor bathroom, and optional off‑grid solar systems or carports.

Moncasa 2: a compact two‑bedroom unit, ranging from 50 to 68m². Standard inclusions mirror the Moncasa 1 but with larger designed volume and optional extras such as decks, solar power, and landscaping. Pricing includes delivery up to 150 km from the factory; additional costs may apply beyond that radius.

•

Moncasa 3/large granny flat: considered ‘mini‑mansions’, these three‑bedroom designs come complete with premium finishes and high‑tech inclusions. Moncasa 3 is priced around A$270,000 inclusive of transport and foundations. Their large three‑bedroom, two‑bathroom variant is approximately A$350,000.

All models include delivery, council documentation, and essential fixtures. Optional extras can include solar arrays, rainwater tanks, septic systems, decks, and carports.

for elderly relatives, adult children, home offices or guest studios.

Moncasa streamlines the client’s journey from concept to occupancy. After an initial consultation and optional site feasibility assessment, the design team customises the layout and fit-out according to client requirements. They then coordinate Council approvals, factory construction, transport, and installation, managing almost every aspect in-house.

With their off-site manufacturing model, transparent pricing, rapid delivery, and focus on sustainability and design quality, Moncasa Homes offers flexible living solutions, delivering a streamlined, low-risk path to expanding a property’s value and income potential.

www.moncasahomes.com.au

Moncasa’s modular units are built using 100% steel framing, making them termite‑ and rot‑proof, with high insulation standards compliant with the 2023 National Construction Code. Interiors typically include LED lighting, air‑conditioning, quality blinds, and modern wet‑area fixtures. Structural and finishing quality is a key differentiator, ensuring that their off‑site modules are indistinguishable from conventionally built dwellings once installed.

Most builds can proceed without a development application (DA) in QLD and NSW, provided the property: •

is zoned residential

•

exceeds 450m²

•

has only one granny flat

•

has separate pedestrian access

•

and the granny flat unit is within 80m² living area (excluding carport/deck).

According to Moncasa, well‑designed granny flats can increase the value of an existing property by up to 30%, with rental returns providing a steady passive income stream, helping homeowners offset mortgages or expand living options. Additionally, versatile dwellings such as granny flats serve as housing

LEADERS IN LUXURY MODULAR HOMES & GRANNY FLATS Moncasa offers sustainable architecturally designed living solutions using off-site manufacturing and delivery.

Moncasa, a trailblazer in the construction industry, is revolutionising the concept of Granny Flats in Queensland with their innovative designs and sustainable practices.

Based on the Gold Coast, Moncasa specialises in off-site manufacturing and delivery of their architecturally designed modular homes. These sustainable living solutions are the epitome of convenience, able to be delivered to any property within a mere 12 weeks.

Their mission is to address complex issues in housing, providing solutions that are financially viable, socially beneficial, and ecologically mindful, reinforcing their commitment to building luxury granny flats for their clients in Northern Rivers region.

Built off-site. Delivered to you!

Gary Wood

Granny Flats add 30% value to your home

0452 222 126 gary@moncasahomes.com.au 14 Manufacturer Drive, Molendinar QLD 4214 Quote code MNSW 321. To receive a special discount.

www.echo.net.au

www.moncasahomes.com.au July 30, 2025 The Byron Shire Echo 29

THE ART OF LIVING IN THE NORTHERN RIVERS

Investing in the future: why Vanilla Domes are revolutionising agriculture In a world where climate volatility and unpredictable weather patterns threaten traditional farming, innovative technologies are paving the way for sustainable, resilient and profitable agricultural practices. Among the most promising breakthroughs is the Vanilla Dome – a geodesic, climate-controlled structure designed specifically to cultivate one of the world’s most valuable spices: vanilla. For investors, hobby farmers and agricultural entrepreneurs alike, the Vanilla Dome presents a compelling opportunity to be part of a future-focused, high-yield venture.

Another significant advantage is risk reduction. In traditional farming, a bad season or an unexpected storm can destroy entire crops. In contrast, a Vanilla Dome protects the crop from environmental threats, providing a stable, controlled growing space. The investment risk is further mitigated by the rising global demand for natural vanilla, which consistently outpaces supply.

With prices for high-quality vanilla beans remaining strong, growers within domes can command premium prices for their produce.

Vanilla is often referred to as the ‘green gold’ of the spice trade.

Derived from the orchid Vanilla planifolia, it is one of the most labour-intensive crops to grow, requiring precise conditions for pollination, flowering and curing. Traditionally grown in tropical climates like Madagascar and Indonesia, vanilla cultivation is highly susceptible to cyclones, heatwaves and fungal diseases – making consistent production a daunting challenge.

For landowners in non-tropical areas, especially across Australia, the dome opens up new possibilities. Locations previously unsuitable for vanilla farming are now viable production sites, thanks to the dome’s microclimate technology. This democratisation of location provides a strategic advantage to investors seeking to diversify their agricultural portfolio or generate income from under-utilised land.

This is where the Vanilla Dome steps in. Designed and developed with cutting-edge agricultural engineering, the dome is not just a greenhouse – it is a fully automated, intelligent growing ecosystem. Its climate control systems monitor and regulate temperature, humidity and airflow with pinpoint precision, simulating the ideal tropical environment for vanilla orchids to thrive. Regardless of external weather conditions, the dome ensures year-round consistency in flower induction, pollination and bean maturation.

What makes the dome especially attractive to investors is its automation capability. The integration of IoT (Internet of Things) devices allows growers to manage and monitor conditions remotely, reducing manual labour and operational overhead.

Lighting, irrigation, and even nutrient delivery are controlled via automated schedules, ensuring optimal growth at every stage of the plant’s lifecycle. This technological sophistication not only increases efficiency but also enhances yield – studies and pilot projects show yield improvements of up to 3-5 times when compared to open-field vanilla cultivation.

Beyond the financial appeal, investing in Vanilla Domes also contributes to sustainable agriculture. The closed-loop water system conserves water use, and solar-powered options reduce the carbon footprint of operations. Additionally, domes can support local economies by creating skilled jobs in agri-tech, horticulture, and supply chain management.

In summary, the Vanilla Dome is more than an innovative product – it is a vision of the future. It combines the high returns of vanilla cultivation with the stability and efficiency of advanced agri-tech.

Whether you are an investor seeking a low-maintenance, highvalue asset, or a grower looking to maximise yields and minimise risk, the Vanilla Dome offers a smart, scalable, and sustainable solution. In a rapidly changing world, it’s not just a greenhouse – it’s green gold under glass.

Contact: David Soo 0404 116 988 dsoo@vanillaplantation.com.au

GROW THE FUTURE WITH VANILLA Invest in a climate-controlled vanilla dome Are you a hobby farmer, landowner, agri-entrepreneur or investor looking for a low-maintenance, high-potential opportunity?

Discover the automated, climate-controlled Vanilla Dome – an innovative, self-regulating cultivation unit designed for maximum yield with minimal resource use. Developed in Australia, these domes use intelligent automation to manage temperature, humidity, and light cycles, allowing year-round vanilla flowering and production on demand.

Whether you’re: - A hobby farmer wanting a sustainable side income, - A commercial grower looking to scale with precision, - Or an investor seeking an eco-smart agri-tech asset, Vanilla Domes offer real returns – with water-saving design, energy efficiency, and minimal labour input.

30 The Byron Shire Echo July 30, 2025

Learn more or invest today: www.vanillaplantation.com.au Instagram: @australianvanillaplantations LinkedIn: Australian Vanilla Plantations Contact: David Soo 0404 116 988 dsoo@vanillaplantation.com.au

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ECHO LIFTOUT

Gondwana Landscaping and Stone

highest standard across Byron Bay and the Northern Rivers region.

Serving Byron Bay and beyond Proudly servicing Byron Bay, Ocean Shores, Brunswick Heads, Suffolk Park, New Brighton, South Golden Beach, and surrounding areas, Gondwana Landscaping and Stone uses locallysourced materials and native plant species to create authentic, lowimpact gardens with a strong sense of place.

Imagine your own subtropical oasis Step into a garden that feels like a natural extension of the Byron Bay hinterland—a tranquil space where beauty meets function.

Founded by experienced landscape designer and stone mason, Mark Smith. With over 20 years of handson experience in both Australia and the UK, Mark brings a wealth of knowledge, creativity, and craftsmanship to every project he undertakes.

Mark is known for his ability to conceptualise distinctive and functional outdoor spaces that blend harmoniously with the natural environment of Byron Bay and its surrounds. Drawing inspiration from the local landscape, he incorporates native and endemic elements to craft gardens and stone features that feel deeply rooted in place.

A passionate designer with a commitment to integrity, quality workmanship, and transparent communication, Mark leads a team of dedicated professionals who share his drive for excellence. Together, they deliver exceptional landscaping solutions, on time and on budget – every time.

– spaces that are not only beautiful, but also practical, sustainable, and enduring.

From native gardens to bespoke stone features, every project is approached with a commitment to creativity, functionality, and excellence.

Outside of his work, Mark enjoys surfing, playing guitar and didgeridoo, always staying connected to the local culture and lifestyle that inspires his designs.

Gondwana’s reputation is built on trust, reliability, and consistently outstanding results. Clients frequently comment on the seamless project management, clear communication, creative solutions, and attention to detail that set the team apart.

At Gondwana Landscaping and Stone, the mission is simple: To design and construct unique outdoor spaces that reflect each client’s individual style

Whether it’s managing complex builds or fine-tuning design elements, Gondwana Landscaping and Stone delivers landscaping services to the

Gondwana specialises in creating outdoor environments that not only look stunning but are also deeply connected to the local ecosystem.

With extensive experience in native and Indigenous landscape design, every project is shaped by an understanding of the land, climate, and lifestyle of the Northern Rivers.

Services Landscape design Collaborate with experienced landscape designers to develop tailored concept designs and master plans that meet your vision and comply with local Council regulations.

Landscape construction & stonemasonry From innovative stonework and structural retaining walls to ecoconscious pool surrounds and

PREMIUM LANDSCAPE DESIGN AND CONSTRUCTION IN BYRON BAY AND SURROUNDS.

• Landscape Construction

We create outdoor living spaces that have a designer look and finish, are sustainable with the surrounding natural environment and are perfectly functional and low maintenance. We love sourcing local endemic plant species and natural stone products from local boutique artisans to enhance your property.

• Stonemasonry

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bespoke garden features, the team delivers robust construction solutions that are both beautiful and enduring.

Native landscape design Specialists in native and endemic planting schemes, Gondwana integrates ecological principles into every design to support biodiversity and sustainability.

Garden maintenance Maintain a vibrant and healthy garden with expert care and sustainable irrigation solutions—perfect for residential properties across Byron Bay and the north coast of NSW.

Design features Enhance your space with thoughtful additions such as: •

Fire pits for cosy gatherings

•

Garden lighting for atmosphere and safety

•

Water features for year-round tranquility.

The Gondwana difference What sets Gondwana apart is not just the creativity or craftsmanship, but the complete experience: expert advice, local knowledge, reliability, and a genuine passion for bringing outdoor spaces to life.

Let Gondwana Landscaping and Stone transform your outdoor area into a space that truly reflects your lifestyle and the natural beauty of Byron Bay.

• Landscape Design • Garden Maintenance

0447 216 116 gondwanalandscapingandstone.com.au mark@gondwanalandscapingandstone.com.au

July 30, 2025 The Byron Shire Echo 31

THE ART OF LIVING IN THE NORTHERN RIVERS

Working together for creative solutions

It doesn’t matter whether your project is big or small, the importance of bringing together the skills, experience, and help you need to achieve it is what makes it a success.

It might be your dream home that you are looking to create, an investment, a commercial or a residential development – regardless of what you are creating you will need a myriad of different people, skills and understanding of the project to make it a success.

It is the estate agents, legal and conveyancing who work with you from the very beginning when you are looking for the right property, it is the architects and designers who are helping you conceptualise your ideas, it is the builders, tilers, stone masons, electricians, data and tech wizards who can bring you into the next century through to the interior landscape and designers that ultimately work as a team who work to bring your vision to completion.

32 The Byron Shire Echo July 30, 2025

From the zoning of the land and the designing and building your project to the landscaping – bringing your idea to fruition is no small achievement and having a cohesive group of people who can work together supportively is a key element to success.

A holistic approach is vital in terms of bringing a range of elements together to start people off on the right foot for their journey. From determining what land is appropriate for your home or development and understanding whether you can build or do those things you expect to on a site is a key first step.

With a good solicitor, and with conveyancing, they can offer development advice so it makes the process more manageable.

Historically, different businesses operated independently, often not working together effectively, people were often forced to try and bring different elements together themselves rather than work closely with town planners, developers, builders and designers who would support the client and their vision.

Bringing a vision together and moving a project forward as a cohesive concept is vital. That also

involves bringing the right people together who are moving forward with the same vision, styles and understanding.

‘When all the key elements of a build process are aligned like architecture, interior design, and construction, it ensures that the vision is cohesive and that everything fits together perfectly,’ explained Sarah Marriott from SJS Interior Design.

‘It also reduces the chances of miscommunication or delays. The earlier you can engage the interior designer the better, as we will see holes and opportunities that may not be possible later in the process.

‘Another point is that collaboration between these different experts often leads to more innovative ideas and a more efficient use of resources, which ultimately benefits the client and the team involved. It’s very expensive to build or renovate a home and mistakes or delays can be costly. Consideration and planning with the right team goes a long way when building Mark Smith from Gondwana Landscaping & Stone agrees saying that it is essential that the landscaping complements the aesthetic of the

house and the broader landscape for a truly successful outcome.

‘If the project is one with modern design, then you use materials and designs that work with those. It is about keeping intrinsic value,’ he said.

‘We work with the land using the contours and other elements. As a primarily native plant company we are trying to enhance both the physical landscape and the structures that are in it. It is really important to have people you can trust and work with so that you can get the right outcomes.’

They feature the use of local plants and stone and highlight that this also allows them to have a lower carbon footprint.

‘We use local nurseries and while sometimes we might pay a bit more to shop local, the bigger benefit is a better world’.

For a cohesive outcome that works you need to work with everyone from the architects, to the lighting specialists, to understand how everything from building to the furnishings and art contributes to the final vision.

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ECHO LIFTOUT

Interest rates are coming down – here’s what homeowners should know about refinancing

However, it won’t be the right decision for everyone. And there are some important things to know about how the process works – including hidden costs and risks.

What is refinancing?

Refinancing simply means replacing your existing home loan with a new one – either from your current lender or a different one. The goal?

To take advantage of better loan terms.

If you’re on a ‘variable rate’ loan, your lender may already be passing on some or all of the recent rate cut (though you may have had to opt-in).

But if you’re on a ‘fixed rate’ loan, your repayments will stay the same until your fixed term ends – meaning you might not benefit from the cut unless you refinance (though break costs could apply).

Switching to a loan with a lower rate can mean smaller monthly repayments. Or, by keeping repayments the same size but with a lower interest rate, you could potentially pay off a loan faster and save in the long term.

Refinancing activity has been trending up since 2021, with external refinancing (switching banks) rising significantly among both owner-occupiers and investors. That’s a clear sign many borrowers are chasing better deals

Can refinancing save you money?

Yes – if it’s right for you and you do it right.

Switching to a lower interest rate could slash thousands off your yearly repayments.

If you’ve built up equity, you might be able to release funds to reinvest or improve your property. Some lenders also offer refinancing cashback deals – one-off payments to attract new customers.

There are some important things to consider – including some traps to avoid – if you’re thinking about refinancing your home loan.

1. Be mindful of your loan-tovalue ratio Loan-to-value ratio (LVR) is the amount you borrowed as a percentage of the property’s value or purchase price.

If your LVR is above 80%, you probably paid lenders mortgage insurance (LMI) on your original loan, designed to protect the lender in case you default.

If your current loan still exceeds 80% of your home’s value (based on the new lender’s valuation), you might need to pay LMI again.

That cost could wipe out any benefit from a lower rate.

2. Careful how you compare When comparing rates and repayments, make sure you’re comparing apples with apples.

If you’ve already paid five years on a 30-year loan, you have 25 years left. But when you ask a new lender for a quote, they may show repayments

based on a full 30-year term – which could make the monthly repayment look much lower.

To make a fair comparison, ask for quotes based on your remaining loan term. If you decide to switch, aiming for a loan with the same term can help you avoid paying more interest in the long run.

3. Factor in all associated costs Refinancing comes with costs. These may include: •

break fees if you’re leaving a fixed-term loan early

•

settlement fees for your current lender to close out the loan

•

application and valuation fees with the new lender

•

ongoing monthly fees that might not seem large but can add up over time.

Also, if you’re applying to multiple lenders to compare offers, be aware requesting multiple credit checks in a short space of time can negatively impact your credit score.

4. Consider renegotiating with your existing lender first Lenders rarely offer their best deals to existing customers – unless you ask. In fact, they often reserve the most attractive deals for new customers.

Consider picking up the phone and asking for a rate review. If you have a better offer from another bank, you may be able to use that as leverage.

Staying with your current lender can have advantages. It may be quicker and easier than refinancing with another lender. But don’t let loyalty cost you – especially if better rates are on the table elsewhere.

5. Don’t assume your repayments will drop automatically For borrowers on variable loans, some banks don’t automatically reduce your repayments after a rate cut. You may need to manually adjust them through your bank’s app or website, or ‘opt in’.

Alternatively, keeping your repayment amount the same could help you pay off your loan faster and reduce interest costs.

6. Check your credit score before applying Your credit score can play a key role in refinancing. Lenders use it to assess how risky it is to lend to you – and it can affect the interest rate you’re offered.

If your score has dropped since you first took out your loan, you may not qualify for the best deals.

Check your score through your bank or a free online service before you apply. If it’s low, take time to improve it before refinancing to boost your chances of approval and better rates.

For an estimate of your potential savings from refinancing, try the Australian Securities and Investments Commission (ASIC)’s MoneySmart mortgage switching calculator.

■ This article is republished from The Conversation under a Creative Commons license.

Head to the Echo’s Service Directory for all your professional trade services The Byron Shire Echo’s Service Directory is a comprehensive listing of trades and services. If you’re working on your home or space and need a job done, find a local tradie quickly and easily here. Pages 43 to 46 of this paper.

• Air Conditioning • Blinds • Bricklaying • Carpentry & Joinery • Cleaning • Concreting • Driveways • Earthworks/Excavation • Electricians • Fencing • Garden & Property Maintenance • Guttering/Roofing

• Handypersons • Landscaping • Painting • Pest Control • Plastering/Rendering • Plumbing • Septic Systems • Solar • Tiling • Tree Services • Window Tinting & much much more!

In the paper each week and online at www.echo.net.au www.echo.net.au

Service Directory

Refinancing your home loan – whether by negotiating a better deal with your current lender or switching to a new one – could save you thousands over the life of your loan.

Also online here

July 30, 2025 The Byron Shire Echo 33

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MANA is at the forefront of marketing technology,

MANA Founder

beyond Proptech, and the only real estate group

Selling Principal

0411 081 118 jam@manare.au 02 6680 5000

providing uniquely tailored property marketing.

We optimise the timing and targeting of messages, offers and customer engagement activities, which enables the analysis of individual-level customer behaviour.

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agency as part of your strategy, let us take care of it for you.” manare.au | 50 Parkes Avenue, Byron Bay 34 The Byron Shire Echo July 30, 2025

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