

Real Estate Estate
By Jo Kennett
INTEREST RATE cuts have seen an increase in investor activity in the Tweed, with the five per cent deposit scheme also attracting first home buyers into the market, with much of the commentary from property experts suggesting we are about to have yet another boom.
Auction clearance rates are used as a litmus test for what the market is doing in general and the news from Cotality that capital cities experienced their highest preliminary clearance rate since October 2021 is definitely a sign that the three interest rate cuts this year have brought more buyers into the market. October 2021 was when property prices and rents started to soar.
Combined regional areas in Australia saw home values rise by around 56.3 per cent from 2020 and the jump in prices in 2021 was next level.



SPRING MARKET UPDATE with some top local agents

Read
from property expert David Stringer
DJ Stringer owner David Stringer says the local market “across the board from first home buyers up to $1 million and those especially seeking family homes up to $1.5 million has been exceptionally strong across all Tweed regions, with the huge spike in enquiries for Banora Point.”
“In addition, we are also experiencing a lift of investor enquiries, on the back of lower interest rates and ever-increasing rental prices, ignited by lower supply levels,” David told The Weekly.
Read from property expert Julian Cleak
Julian Cleak from Coastal Property Collective at Kingscliff said that “spring has now truly sprung and with the warmer weather combined with the recent
Open Homes
Saturday, September 27
DJ Stringer
• 7/311 Golden Four Dr, Bilinga, 9–9.30am
• 803/106 Pacific Pde, Bilinga, 9.45–10.15am
• 38 Amaroo Dr, Banora Point,10–10.30am
• 9/277 Golden Four Dr, Bilinga, 10.30–11am
• 1091/14-22 Stuart St, Tweed Heads, 11–11.30am
• 1/151 Golden Four Dr, Bilinga, 11.15–11.45am
• 2085/18-20 Stuart St, Tweed Heads, 11.30–12pm
• 2104/18-20 Stuart St, Tweed Heads, 12–12.30pm
• 244/6-8 Stuart St, Tweed Heads, 12.45–1.15pm
• 1444/6-8 Stuart St, Tweed Heads, 1.15–1.45pm

decrease in interest rates we are seeing buyer confidence and strong activity in the popular Tweed Coast market.”
Julian also mentioned “the birds and the bees singing in full harmony” which makes me think he has missed his true calling as the Paul McCartney of the real estate industry.
We are loving the warmer weather too and it certainly helps to get those buyers out and about.
Read from property expert Justin Schmith
Justin Schmith, owner of Schmith Estate Agents, said the interest rate cuts have added a little more positive sentiment “but the money increased is not noticeable.”
“Anything under $1 million is hot hot hot,” new dad Justin said.
“Particularly because the new revised first home buyers concessions (up to $1 million)
JET Estate Agents
• 16 George Street, Murwillumbah, 9–9.30am
• 166 Kunghur Creek Road, Kunghur, 9.30–10am
• 7 Peter Street, Murwillumbah, 10–10.30am

— some genius idea from the government is only looking to inflate the entry level of the market.
“Government needs to keep out of free, or any market, period.”
Go ‘Schmithy’! Those people desperately trying to avoid those high rents and buy their way into the market hear you loud and clear.
“Anything $1.5 million or above is proving to be a little tricky,” Justin said.
“Days on market have increased. Tweed is performing better than ever since 2021.
“Acreage is still slow, in part because of higher price point. Stock is still overall tight, but because buyers over $1.3 million to $1.5 million aren’t swooping in like they once were, it’s still a little tricky to put deals together.
The First Home Buyer (FHB) Scheme will be in competition
• 407 Tweed Valley Way, South Murwillumbah, 11–11.30am Schmith Estate Agents
• 3/10 Wilpark Crescent, Currumbin Waters, 10–10.30am
• 11/15-17 Ivory Crescent, Tweed Heads, 11–11.30am
• 22b Stanley Lane, Tweed Heads, 12–12.30pm
• 3/10 Wilpark Crescent, Currumbin Waters, 2–2.30pm Mana
• 75 New Brighton Road, New Brighton, 9–9.30am
• 7 Kiyung Court, Ocean Shores, 9–9.30am
• 16B Palmer Avenue, Ocean Shores,10–10.30am
We
We
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with investors in a hot marketplace and first home buyers are being advised to seek written preapproval for finance to strengthen their position when submitting offers.
Reserve Bank boss Michelle Bullock said last week that the FHB deposit scheme will push up demand for property, which they say is good for homeowners but not so good for those who don’t already own property.
“Our sense is that it could add to overall housing credit in the order of 1 to 2 per cent at the margin, you may see a little more upward pressure on house prices in the short term, recognising that first home buyers account for about 20 per cent of the flow of new housing credit,” RBA assistant governor Brad Jones said.
“Purely on the demand side, most of the estimates out there, including from Treasury, suggest that, almost by definition, because of the way the policy is set up, it will bring forward more purchases.”
That means the market will get even hotter, for better or worse.
Read from more top local agents next week.
• 132 Middle Pocket Road, Middle Pocket,10–10.30am
• 86 Tyalgum Ridge Road, Tyalgum, 10–11am

• 15 Muli Muli Avenue, Ocean Shores,11–11.30am
• 56 Narooma Drive, Ocean Shores,11–11.30am
• 17-21 The Esplanade, New Brighton,12–12.30pm
• 15 Kallaroo Circuit, Ocean Shores,12–12.30pm
• 4/4 Halyard Court, Ocean Shores,1–1.30pm

• 23 Matong Drive, Ocean Shores,1–1.30pm
• 10 Canowindra Court, South Golden Beach, 2–2.30pm Tate Brownlee Real Estate
• 1/1 Keys Avenue, Banora Point, 9–9.30am
• 34 Broadwater Esplanade, Bilambil Heights, 10–10.30am
• 25 St Kilda Crescent, Tweed Heads,11–11.30am
• 142 Darlington Drive, Banora Point, 12–12.30pm
• 62 Crofters Way, Bilambil, 1–1.30pm




22B STANLEY LANE, TWEED HEADS

VIEWS, SUNSET RETREATS AND LUXURY COASTAL LIVING
FOR INSPECTION SATURDAY 12:00PM - 12:30PM 2 1 1 OPEN FOR INSPECTION SATURDAY 11:00AM - 11:30AM
Stanley Lane Tweed Heads is a sought-after address that captures the best of coastal living with everyday convenience. Expansive 5 bedroom, 2 bathroom double-storey home with ironbark timber floors, river views and epic sunsets! Perfect balance of space, style, and lifestyle in a prime coastal setting. Quiet and centrally located, Stanley Lane delivers a relaxed riverside feel with everything you need right at your doorstep.
This light-filled, first-floor apartment offers a rare combination of elegant simplicity and strong investment potential. Finished with minimal upkeep, it presents a lifestyle of comfort and ease. Only steps from riverfront paths, shops, and cafés - all while returning an attractive rental income. Boutique setting of just 12 residences provides a peaceful, community-oriented vibe with solid foundations in original condition-prime for cosmetic enhancements or personalised upgrades. This property balances savvy investment with relaxed coastal charm. 5 2 3











First Home or Downsizer
Stylish and tastefully designed 3bedroom home
Light-filled interiors with ducted air-conditioning throughout Spacious open plan kitchen, dining, and living area overlooking the backyard Easy-care low maintenance gardens and covered outdoor patio
Master bedroom complete with ensuite and walk-in robe
Enjoy quiet, elevated living in a peaceful street – a property you’ll be proud to call home.
Price Guide - contact agent









86 Tyalgum Ridge Road, Tyalgum
3 Bed | 2 Bath | 3 Car | 5 Ha
Modern Sanctuary in the Heart of Nature.


Racecourse Road Tygalgah
Bed | 3 Bath | 2 Car | 23.08 ha


4 Mebbin Drive, Kunghur Land: 35,411 m² A Rare Slice of Paradise Awaits. Wendy Rosenbaum Licensee-in-Charge Murwillumbah 0437 709 993 wendy@manare.au































16 George Street, Murwillumbah
$1,000,000












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