Real Estate FROM COAST TO COUNTRY
Tweed Shire tops nation for rent rises By Jo Kennett THE TWEED Coast has not only made the top spot for the suburb with the highest annual rental increase in Australia, it’s made a very surprising second spot for NSW price growth as well. According to the quarterly HOOD.ai Tenant Report, Bogangar had the highest rent increase in NSW and the nation, with units jumping 52.9 per cent to $650 a week. Bogangar also has one of the lowest rental vacancy rates in
the state at 0.5 per cent, making it one of the most highly sought after rental markets in the country. Hastings Point units also made a surprise appearance on the list, recording the second biggest rental price growth in NSW and the fourth highest in the country, with an annual increase of 47.7 per cent to $650 a week. Rental vacancy rates for Hastings Point units were zero, which sounds shocking, but does not mean the suburb has no vacant rental properties. Rental properties are regarded
Open Homes
as ‘officially’ vacant when they’ve been on the market for 21 days or more. When a suburb has a vacancy rate of zero per cent, it means all rental properties are being filled in less than 21 days after being listed for rent. Tweed Heads West made a surprise showing as well at number 15 for rental price growth in NSW, with a 27.3 per cent increase in house prices over the past year to a median of $649. The rental vacancy rate at Tweed Heads West was also at zero per cent. Many Tweed residents have invested in real estate in Iluka, which had the 12th highest rental growth in the state and the median rent for homes jumping 29.9 per cent to $500 a week. PropTrack economist Angus Moore said strong demand and limited housing had driven up rents in several regional areas. “Over the pandemic we have seen a big shift from cities to regional areas,” he said. “We’ve also seen, over the course of the pandemic, a lot of investors sell out rental
Bogangar topped the list for rental increases in Australia
properties.” HOOD.ai founder and CEO Tommy Fraser said the report highlighted the issue of rental affordability and warned that things could get worse for those towns on the list. “Vacancy rates are low in many parts of Australia, and often falling as well, which is putting upward pressure on rents,” Mr Fraser said. “Traditionally, when renters get
148 Broken Head Road, Suffolk Park, 12.30pm-1.30pm 60 Yamble Drive, Ocean Shores, 1pm-1.30pm
DJ Stringer
Saturday, May 28 Raine & Horne Murwillumbah & Ocean Shores 1 Elanora Avenue, Pottsville, 9am-9.30am 30 Somerville Circuit, Murwillumbah, 9.30am-10am 41 Booyong Place, Nobbys Creek, 10am-10.30am 4 Eloura Court, Ocean Shores, 10.30am-11.30am 59 Riverview Street, Murwillumbah, 10.30am-11am 5 Martin Street, Murwillumbah, 11.30am-12pm
1 Starfish Cres, Tugun ‘Interest Over $1.150M’ 9-9:30am 25/22 Binya Ave, Tweed Heads ‘Price Guide $630K $650K’ 10-10:30am 1/26 Keegan Circuit, Currumbin Waters ‘Offers Over $795K’ 10:15-10:45am 115/20 Binya Ave, Tweed Heads ‘Price Guide $670K $690K’ 10:45-11:15am 6/2 Barrett St, Tweed Heads West ‘$650K’ 11-11:30am 20/9 Ocean St, Kirra ‘Interest Over $680K’ 11:15-11:45am 7/28 Stanley St, Tweed Heads ‘$595K-$650K’ 11:4512:15pm 5/58 Pacific Pde, Bilinga ‘$575,000’ 12-12:30pm
priced out of an area, they tend to shift to a cheaper suburb nearby, but that’s become increasingly hard in the current market, which is forcing tenants to move even further in search of affordable accommodation. “If you live in any of the suburbs mentioned in this report, take note, because there’s a strong chance your landlord will increase your rent at the next rental review.”
4 Monomeeth Ave, Bilambil Heights ‘By Negotiation’ 1-1:30pm 16/1 Falcon Way, Tweed Heads South ‘$675K - $685K’ 1-1:30pm
Tate Brownlee Real Estate 65/73-101 Darlington Drive, Banora Point, 9am-9.30am 181 McConnells Road, Dunbible, 9am-9.30am 1/15 Martinelli Avenue, Banora Point, 9.15-9.45pm 58 Sutherland Street, Kingscliff, 10am-10.30am 33 Curtawilla Street, Banora Point, 10am-10.30am 93 McAllisters Road, Bilambil Heights, 11.30am-12pm (Auction 12pm) 1/35 Bimbadeen Avenue, Banora Point, 1pm -1.30pm 24 Sunnycrest Drive, Terranora , 3pm -3.30pm
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87261
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5/265 BOUNDARY STREET RAINBOW BAY
86 RUTLEDGE STREET COOLANGATTA
GORGEOUS TWO-BEDROOM APARTMENT IN RAINBOW BAY
THE CASTLE OF COOLANGATTA
Located in the Rainbow Bay Resort building, this beautifully renovated two-bedroom apartment is coming to the market soon. Contact Ash Witty for more details.
Proudly positioned at the highest point of Coolangatta is this enormous five-bedroom home with 180 degree views and a build quality that challenges any home in the area.
2 BED || 2 BATH || 1 CAR View: Saturday 28th May 9:30pm - 10am Auction: Virtual Auction This Saturday at 5pm
8/50-52 RUTLEDGE STREET COOLANGATTA
59 RUTLEDGE STREET COOLANGATTA
PENTHOUSE LIVING WITH VIEWS OVER KIRRA BEACH AND BEYOND
ONE OF COOLANGATTA’S BEST HOUSES
Twin Views is an apartment block of nine, elevated on Rutledge Street, with views spanning over Kirra Beach, along the coastline to Surfers Paradise and through to the Gold Coast Hinterland.
Standing proud in the heights of Coolangatta is this luxury 5-year-old home, fine-tuned over the years to be one of the best houses in the suburb and the entire Southern Gold Coast region.
2 BED || 2 BATH || 2 CAR View: By Appointment Price: Offers Over $1,125,000
6 BED || 3 BATH || 5 CAR View: Saturday 28th May 11am - 11:30am Auction: On-site This Sunday at 12pm
5 BED || 5 BATH || 4 CAR View: By Appointment Price: Contact Agent
{BOUNDARY LINES ARE INDICATIVE ONLY}
LOT 749 TOWNSEND CRESCENT TERRANORA
2 GLENBRAE DRIVE TERRANORA
FLAT NORTH/EAST CORNER BLOCK IN ALTITUDE ESTATE
A BEAUTIFUL SINGLE-LEVEL HOME ON OVER HALF A FLAT ACRE
Positioned on a quiet corner of Altitude estate, this 546 sqm corner block is flat and opens to the ideal north/ east aspect. The block is only a short walk to a children’s playground, walkways and grassy fields.
Located in a quiet area, on over half an acre of flat fertile ground, is this gorgeous single-level home, perfect for the couple looking for relaxed living or an active young family.
View: By Appointment Price: Contact Agent
87963
View: By Appointment Price: $680,000 - $720,000
5 BED || 2 BATH || 4 CAR
M // 0424 792 244
E // ASH.WITTY@HARCOURTS.COM.AU
11 TERRANORA ROAD, BANORA POINT
5 BED | 2 BATH | 2 CAR
FOR SALE DUAL LIVING WITH OCEAN VIEWS Feel good bright and airy, expansive two-level home enjoys an elevated position offering beautiful coastline views. Watch the migrating whales past by and enjoy a flexible layout to accommodate the entire family or two. The residence features polished hardwood floors, spacious interiors and separate ground floor two bedroom flat with separate entrance, an exciting investment return or longterm family residence. Showcasing scenic ocean views, complete with ocean breezes and great natural light throughout Open plan living and dining area connect to east and west facing balconies Elevated and level 525m2 block, with side access Dual living residence 1-2 bedroom lower level, kitchen, bathroom and living area
218 DUROBY CREEK ROAD, DUROBY
6 BED | 2 BATH | 2 CAR
FOR SALE UNIQUE OPPORTUNITY TO PURCHASE WORKING FARM WITH ACREAGE RESIDENCE IN TWEED VALLEY This unique secluded property is located less than 16k from the Gold Coast International Airport in Coolangatta and nestled in the foothills of the beautiful Tweed Valley. The potential for the use of this 12.5acres property is unlimited - with rich volcanic soil to grow anything and arable flat land on this business zoned property. Make this a destination B & B, Farm Stay, Horse Stud, Market Gardens, Nursery or whatever you can imagine. Six bedroom, two bathroom home, lush pockets of rainforest, a 1km freshwater creek, a bore and a rare 18 mega litre water licence The home is nestled in landscaped lawns and gardens and has a large solar panel system for energy savings 12.5 acres of lush pockets of rare native rainforest plus a stunning Fig tree ideal for socialising or weddings Famous Hillview Rose Farm, the established greenhouses, orchards and paddocks, machinery and equipment are all included in the sale
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JUSTIN SCHMITH
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0422 051 505
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JUSTIN@SCHMITH.COM.AU
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SCHMITH.COM.AU
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313 Golden Four Drive - Bilinga
Absolute Beachfront Living
Navini NOW SELLING OFF PLAN Apartments from $2.970M
Key features include; • Panoramic ocean views from the lights of Surfers Paradise to the peeling point breaks of Kirra & Snapper Rocks • Generous floor layouts ranging from approximate 274m2 – 450m2 • 2 dual level penthouses with 4 bedrooms, incl. rooftop master suite and own plunge pool • 12 x 3 bedrooms apartments, with media and study
• Ground floor apartment with 3 bedrooms, media, study and private pool • Timber flooring • Miele appliances & butlers pantry • Ducted air-conditioning • Coastal inspired joinery • Terrace style balconies with BBQ’s • 2 car parking
Please contact Project Marketing Agents: DAVID STRINGER - 0418 150 731 david@djstringer.com.au
LEISA THORLEY - O448 296 403 leisa@djstringer.com.au
www.navini.com.au or scan the QR Code
PROUDLY MARKETED BY: 87965
Navini’ offers 15 stunning oceanfront residences (2 per floor only) over 8 levels, including 2 dual level penthouses and 1 sprawling ground level apartment with its own courtyard & pool.
Running out of time to sell while the market is still hot?
Free marketing package valued at $3000 when you sell with us Includes: • Professional photography • Colour floorplan • Photo signboard • Colour brochures • Premiere listing on www.realestate.com.au • Platinum listing on www.domain.com.au • Social media campaign
For the right advice & complimentary Property Appraisals, please contact the team at DJ Stringer 07 5599 5222
07 5599 5222 | 76 Griffith Street Coolangatta | www.djstringer.com.au 87965
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the home of real estate 87965
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NORTHERN
IVERS PROPERTY GROUP
FOR SALE
UNDER CONTRACT 52 BRISBANE STREET MURWILLUMBAH
330 FERNVALE ROAD FERNVALE
41 OAKBANK TERRACE MURWILLUMBAH
PRICE: Contact Agent 11 BED | 4 BATH | 4 CAR
PRICE: $929,000 3 BED | 2 BATH | 2 CAR
PRICE: Contact Agent 4 BED |2 BATH | 2 CAR
INVESTMENT NIRVANA 5 min walk to Murbah CBD 4 seperate flats on prime land Incredible income potential and multiple living opportunities
JUST LIKE NEW Perfect Family home Everything you need so close by! Peaceful, private home, oozing style and class
FANTASTIC FERNVALE Stunning Mt Warning views Character home with new and modern features, on 31.98 Acres Studio completely off grid
UNDER CONTRACT 11 RESERVE CREEK ROAD KIELVALE
46 WARDROP STREET SOUTH MURWILLUMBAH
625 KYOGLE ROAD DUM DUM PRICE: $1,500,000 7 BED | 4 BATH | 7 CAR
PRICE: $679,000 3 BED | 2 BATH | 2 CAR
LOCATION. QUALITY. PRIVACY. Fresh water pool on 3/4 of an Acre 3 large private under cover patios, perfect for families and entertaining 6 minute drive to CBD with rural outlook
HATTONS HAVEN Mountain and river views on 2.5 Acres Only minutes to Murwillumbah 1 x House + 1 x self contained studio
CALLING ALL INVESTORS / RENOVATORS Minor damage to main house upstairs With a good clean up and refurb, this property could once again be rental gold Few minutes walk to Murbah CBD
PAUL
Adrianna
m: 0448 191 351
m: 0422 265 871
e: Paulstobbie@atrealty.com.au
e: adrianna@atrealty.com.au
Licensed Real Estate Professionals (NSW & QLD)
87935
PRICE: Contact Agent 4 BED | 2 BATH | 2 CAR
NORTHERN
IVERS PROPERTY GROUP
FOR SALE
28 WOLLUMBIN STREET TYALGUM
COMING SOON
UNDER CONTRACT
CRYSTAL CREEK
79 CLAREVILLE ROAD UKI
PRICE: Contact Agent 3 BED | 1 BATH | 1 CAR
PRICE: Contact Agent 5 BED | 2 BATH | 4 CAR
PRICE: $1,100,000 3 BED | 2 BATH | 6 CAR
TYALGUM TREASURE Easy walk to Village Great established gardens Private yard, with rear lane access allowing for dual living opportunities S.T.C.A
ACERAGE GEM WITH OPTIONS Just under 5 useable acres Creek and generous shedding Farm house and a studio
PERFECT RURAL LIFESTYLE PROPERTY Tranquil Property on 1 Acre Featuring Bali style gazebo & pool Close to the Village of Uki
SOLD
SOLD
UNDER CONTRACT
368 ZARA ROAD ZARA
10 EWING STREET MURWILLUMBAH
10 LAMINGTON WAY MURWILLUMBAH
PRICE: $2,000,000 5 BED | 3 BATH | 5 CAR
PRICE: $1,100,000 4 BED | 1 BATH | 0 CAR
PRICE: $850,000 3 BED | 2 BATH | 2 CAR
BEAUTIFUL CREEK FRONTAGE Very own private waterfall Seperate Artists Studio 5 Acres of natural paradise, only 5 minutes to Tyalgum and 20 minutes to Murbah
180 DEGREE VIEWS OF PARADISE High up on a quiet and peaceful street Beautiful features; VJ boards, highceilings 5 Minutes to the Heart of Murbah
IMMACULATE MODERN HOME WITH THE SWEETEST GARDENS Open plan living - Modern Kitchen Balinese Hut on entertaining deck Close to schools and transport
Suite 2A Warina Walk Arcade, 114 Murwillumbah St, MURWILLUMBAH Licensed Real Estate Professionals (NSW & QLD)
@paulstobbieatrealty @AdriannaNRPG
87935
www.northernriverspropertygroup.com.au
NORTHERN
IVERS PROPERTY GROUP
FOR SALE
COMING SOON 147 RIVER STREET MURWILLUMBAH
506 TWEED VALLEY WAY MURWILLUMBAH
KUNGHUR
PRICE: Contact Agent 4 BED | 2 BATH | 2 CAR
PRICE: Contact Agent 4 BED | 4 BATH | 3 CAR
PRICE: Contact Agent 4 BED | 3 BATH | 4 CAR
CHARMING FAMILY HOME Fully fenced yard with room for a pool Beautiful post-war features Custom made barn door, free standing bath and ample storage!
SPECTACULAR SUNSETS Waterfront Property Mt. Warning and River views 2 x houses, potential Airbnb income
50 ACRES WITH OPTIONS Timber home with Mt Warning Vistas 1 x Family Home, 1 x Guest accommodation 2 dams, rainwater tanks, rainforest walks and flat clearings
Unsure of what is happening in the current market?
PAUL m: 0448 191 351 e: Paulstobbie@atrealty.com.au
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Licensed Real Estate Professionals (NSW & QLD)
87935
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NORTHERN
IVERS PROPERTY GROUP
RECORD BREAKING SALES STREET RECORD!
STREET RECORD! 92 Cranneys rd North Tumbulgum
79 Clareville Road, Uki
13 days on market, 2 offers!
12 Days on the market, 3 offers!
10 Ewing Street, Murwillumbah
41 Oakbank Terrace, Murwillumbah
Street record! $385,0000 above last sale!
Small acreage price record!
368 Zara Road, Chillingham
23 The Grove, Nunderi
Become One of Our Happy Vendors! Suite 2A Warina Walk Arcade, 114 Murwillumbah St, MURWILLUMBAH Licensed Real Estate Professionals (NSW & QLD)
@paulstobbieatrealty @AdriannaNRPG
87935
www.northernriverspropertygroup.com.au
CURRENTLY UNDER
MANAGEMENT LEASED
SOLD UNDER LEASED
Street Record By $700.00
14/3 Cedarwood Court, 21 Golf, View Court, Casuarina Banora Point
perweek week | $550 per $1,500
LEASED
43 21 Australia Golf, ViewDrive, Court, Terranora Banora Point
$710 per week |$1,500 $1,000.00 per week
LEASED
1/10 Kintyre Crescent, 21 Golf, View Court, BanoraPoint Point Banora
perweek week $1,500 | $700 per
11/2-10 Cupania Court, 21 Golf, View Court, Tweed BanoraHeads Point West
$750 per week per week |$1,500
CONTACT TODAY FIND IF YOUR CONTACT KRISTEN APRIL TODAY TO TO FIND OUTOUT IF YOUR INVESTMENT IS PERFORMING PERFORMING INVESTMENT PROPERTY PROPERTY IS
0413 0419290 102966 446 kristen@tbre.team april@tbre.team
T. 5513 0300 0300 T. 07 07 5513
2/34 Oyster Point PointRd, Rd, 2/34 Oyster Banora Point NSW NSW2486 2486 Banora Point
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