The Weekly Real Estate from Coast to Country, December 15 to December 29, 2022

Real Estate

FROM COAST TO COUNTRY

Shire best buys and 2023 outlook

By Jo Kennett

THERE ARE some great buys to be had as prices steady and some of the heat goes out of the market after a pretty crazy last year or two.

There are units in the Tweed Heads South area now nudging down around the $400,000 market and a couple even under that, great entry level properties considering that interest rates are still relatively low at 3.1 per cent (they were 17.5 per cent in the early 1990s).

Best budget buys

A two-bedroom at 1/6 Morley Street, Tweed Heads West, is on the market for $369,000 to $405,000, one of the cheapest buys in the shire.

It’s on a cul-de-sac just off the Kennedy Drive off-ramp, so has great access to the airport, M1, beaches and shops.

It’s on the ground floor and unusually for a unit is pet-friendly, with both bedrooms facing north and a good sized kitchen.

A lovely two-bedroom duplex at 2/6 Pontresina Avenue, Tweed Heads, is on the market for $560,000.

It’s at the end of a cul-de-sac off Ducat Street with a lovely yard

and just a short drive to Kirra.

Best median price buys

DJ Stringer has a beautiful apartment for sale for $780,000 to $790,000 in Tweed Ultima at 1102/14-22 Stuart Street, Tweed Heads.

It’s modern and stylish but it’s the sensational views over Jack Evans Boat Harbour and up to Coolangatta that make this one to check out.

Best top end buy

One of the most beautiful rural properties on the market is 49 Pine Log Road, Doon Doon, on the market with Elders Tweed Valley Coolangatta for $2.7 to $2.8 million.

This 98-acre (40 hectare) property is surrounded by National Parks, with views to Mt Warning, Doughboy Mountain and surrounding ranges.

It has a three-bedroom timber home and the original renovated farmhouse, dams, shed, and a saltwater pool, a perfect escape from the hustle and bustle.

2023 forecast

DJ Stringer Principal David Stringer thinks the market will lift next year.

“It is looking as though there

Open Homes

Saturday, December 17

First National Real Estate Murwillumbah

257 Dulguigan Road, Dulguigan, 9-9:30am

7 Amethyst Place, Murwillumbah, 10-10:30am

2 / 14 Somerville Circuit, Murwillumbah, 10:45-11:15am

DJ Stringer

8 Castle Ct, Tugun ‘Interest Over $895,000’ 9-9:30am QLD Time

181 Tweed Valley Way, South Murwillumbah ‘Price Guide $695K-$745K’ 10-10:30am

may be another 0.25 per cent interest rate increase in early 2023 which could be the last increase for some time,” he told The Weekly.

“At such time, the real estate market should see a lift in buyer confidence with property prices back on the up.

“With an increase in buyer enquiry and listings still quite limited, it will also be a fruitful time for sellers during 2023.”

For 2023 I believe we will start to see an increase in buyer activity from February. At the moment we are seeing some hesitancy in the market but with a forecast of interest rate rises coming to an end we should see more confidence in the market which will result in house sales picking up.

First National Real Estate Murwillumbah licensee Scott Reading is optimistic about the market in 2023.

“I believe we will start to see an increase in buyer activity from February,” he said.

“At the moment we are seeing some hesitancy in the market but with a forecast of interest rate rises coming to an end we should see more confidence in the market which will result in house sales picking up.”

Best Agents Buys

DJ Stringer Principal David Stringer says a three-bedroom home for sale between $700,000 and $750,000 at 3 Lakes Drive, Tweed Head West, is ideal for first-home buyers.

It’s a few minutes’ walk to Terranora Creek, and a short drive to Cooly, Kirra, Snapper and Duranbah Beach.

On a big, flat, fenced block, this place has a really lovely backyard with room for a pool.

David also has a great investment or first-home owner property on the market for $420,00 to $450,000 at 3/12 Marian Street, Tweed Heads West.

This two-storey two-bedroom 82 square metre townhouse has a courtyard and a balcony, and is in a cul-de-sac just off Kennedy Drive, a prime location a short drive to the M1, the airport, beach or shops.

It has a low body corp and a lock up garage.

First National Real Estate Murwillumbah licensee Scott Reading says one of his best buys at the moment is a lovely threebedroom home at Dulguigan.

This newly-renovated beauty on a big 1,012 square metre

1054/14-22 Stuart St, Tweed Heads ‘Price Guide $770K-$790K’ 10-10:30am

1102/14-22 Stuart St, Tweed Heads ‘Price Guide $780K-$790K’ 10:30-11am

2/2 Ivory Cres, Tweed Heads ‘Contact Agent’ 11-11:30am 26/6-8 Thomson St, Tweed Heads ‘Price Guide $895K-$945K’ 11:30-12pm

1603/22 Kirkwood Rd, Tweed Heads South ‘Price Guide $1.295M-$1.350M’ 12-12:30pm

3/12 Marian St, Tweed Heads West ‘Price Guide $420K-$450K’ 12:30-1pm

JET Real Estate

32 Ewing St, Murwillumbah, 9.30-10am

Dreams to reality

block at 257 Dulguigan Road, Dulguigan, has a big shed and Mount Warning views and is on the market for $680,000.

It doesn’t get much better than that.

Mr Reading also has a threebedroom home in the Hundred Hills Estate at 2/14 Somerville Circuit, Murwillumbah, for sale for $795,000.

It has Balinese style gardens with a spa and a beautiful covered outdoor entertaining area accessed through stacker sliding doors.

It is located in a family friendly area and there’s a spa to soak up in on a winter’s night.

1/34 Beryl St, Tweed Heads, 11-11.30am

Tate Brownlee Real Estate

108 Ash Drive, Banora Point, 9:30-10am (Auction 10am)

17 Pulkara Court, Bilambil Heights, 11-11:30am

1/85 Henry Lawson Drive, Terranora, 12-12:30pm

37 Illawong Crescent, Terranora, 12:30-1pm

37 Australia Drive, Terranora, 11:30-12pm (Auction 12pm)

20 Bosun Boulevard, Banora Point, 1-1:30pm

MANA Real Estate

34 Chevell Place, Smiths Creek, 9-9.30am

51 Garden Avenue, Nunderi, 10.15- 10.45am

10 Flintwood Street, Pottsville, 11.15-11.45am

1D Short Street, New Brighton, 12.30-1pm

1/3 Haylard Court, Ocean Shores, 1.15- 1.45pm

4/2 Nunyar Court, Ocean Shoes, 2-2.30pm

257 Dulguigan Road, Dulguigan

Beautifully presented, large 4 bedroom home has 5 separate living spaces providing ample room for a large family. Brand new pool house & separate studio. Great location, quiet area, 12km to the beach, M1 to commute north/south. 8.15 lush usable acres with spring-fed stream, ideal for kids, pets, golf or livestock. This home is a rare opportunity in the coastal rural market to get so much living amenity, ready to move into and enjoy. Genuine seller is committed elsewhere and requires immediate sale.

David Tammy Deb Simone

Andrea Dana Gianetta Jade Terri Nikki

Courtney

Leisa

Dani

Kellie

enneale Mary Pete Susie

il Val Annie