Real Estate THURSDAY, JULY 1, 2020 FROM COAST TO
COUNTRY
WWW.TWEEDVALLEYWEEKLY.NET.AU
Regional NSW leads housing growth Award nominations for local real estate agents
REGIONAL NSW, including the Northern Rivers, are leading the monthly gains in the housing market, according to CoreLogic, who reported a 2.5 per cent gain in May. Housing markets around Australia continued to surge in May, with CoreLogic’s national Home Value Index up 2.2 per cent over the month. The rise in May was a stronger result compared with April (1.8 per cent), but weaker than the 32-year high recorded in March when values surged 2.8 per cent. CoreLogic’s research director, Tim Lawless, recently said that growth conditions remained broad based, both geographically and across the housing types and valuation segments. “Values were up by more than one per cent across every capital city over the month, with both house and unit values lifting across the board,” he said. “Of the 334 SA3 sub-regions analysed by CoreLogic, 97 per cent have recorded a lift in housing values over the past three months. Such a synchronised upswing is an absolute rarity across Australia’s diverse array of housing markets.” For the second time in three months, growth conditions
Buyers are flocking to lifestyle locations such as the Tweed
in capital city home values outpaced the regional markets. The combined capital city index rose 2.3 per cent in May compared with a 2.0 per cent rise across the country’s combined regional areas. Across the capital cities, the monthly change in dwelling values ranged from a 1.1 per cent rise in Perth through to a 3.2 per cent jump in Hobart. Across the non-capital city regions, conditions were more diverse. Regional NSW led monthly gains (2.5 per cent), while values in regional WA had the weakest result (-0.1 per cent). Mr Lawless reaffirmed the fundamentals driving strength in the housing market remain in place. “The combination of improving economic conditions and low
Open homes Saturday, June 12
DJ Stringer Property Services
404/106 Pacific Pde, Bilinga, 9am-9:30am 17/14 Kingston Dr, Banora Point, By Appointment 15/111-113 Golden Four Dr, Bilinga, 10am-10:30am 15/83 Gollan Dr, Tweed Heads West, 11am-11:30am 9/3 Carmichael Cl, Coolangatta, 11am-11:30am 1145/6-8 Stuart St, Tweed Heads, 12pm-12:30pm 47 Seaview St, Tweed Heads, 12pm-12:30pm 1/39 Coolangatta Rd, Kirra, 3pm-3:30pm 5/76 Coolangatta Rd, Kirra, 4pm-4:30pm
Raine & Horne Ocean Shores/Brunswick
interest rates is continuing to support consumer confidence which in turn has created persistently strong demand for housing,” he said. “At the same time, advertised supply remains well below average. This imbalance between demand and supply is continuing to create urgency amongst buyers, contributing to the upwards pressure on housing prices. “Despite the consistently strong headline results, the underlying trends have shifted over the past year. “The most expensive end of the market is now driving the highest rate of price appreciation across most of the capital cities, whereas early in the growth cycle it was the most affordable end of the market that was the strongest.”
TWO OUTSTANDING local women in real estate from Raine & Horne Ocean Shores/Brunswick Heads/Murwillumbah have been named in The Women in Real Estate Awards. Business founder and owner, Julie-Ann Manahan, is a finalist in the Principal of the Year – Regional category; and property management associate Andrea Schelbach has been named as a finalist in the Rising Star category. Ms Manahan said she is humbled and honoured to be shortlisted for such a prestigious award and “to be ranked among the best in the industry”. She said she’s “extremely proud” of Ms Schelbach, who only joined the industry in September 2020, yet has already made a huge impact with her outstanding service and communication skills. Ms Manahan said it is a welcome acknowledgement for the hard work her team has put in, especially in this very challenging year.
“For me, it’s all about the team. I’ve continually grown our offices by proactively seeking and implementing new ways to assist our entrepreneurial team to grow their business within the business,” she said. “We provide the systems, support and amazing opportunities, such as enabling their growth and career development. As I’m the sole director and decision maker, I can move fast with important decisions. I’m truly grateful for the support of our incredible team.” Founded to celebrate the female leaders, role models and future champions of the industry, this esteemed accolade provides a platform for women leading in their field to be acknowledged and celebrated for their achievements and contributions to the industry. Winners of the awards will be announced at a black-tie dinner on Thursday, July 15, in Sydney.
Heads/Murwillumbah:
3 Troon Crt, Banora Point, 12pm-12:30pm
69 Tweed Valley Way, Murwillumbah, 9am-10am 16 Wagawn Dr, Murwillumbah, 10.30am-11am 4 Terrara Crt, Ocean Shores, 10.30am-11am 37 Queen St, Murwillumbah, 10.30am-11am 2 Kanandah Crt, Ocean Shores, 11am-11.30am 160 Dawson St, Girards Hill. Sat. 11.00am-12.00pm 3 Warrambool Rd, Ocean Shores, 11.30am-12.30pm 9 Flinders Way, Ocean Shores, 12pm-12.30pm Lot 4/291 Byrrill Creek Rd, Byrrill Creek, 12pm-1pm
Northern Rivers Property Group
Tweed Coolangatta Real Estate 8/4 Botany Crescent, Tweed Heads, 11am-11:30am 12a 1/23 Cupania Crt, Tweed Heads West, 11am11:30am
213 Midginbil Rd, Midginbil, 10.30am-11am 538 Zara Rd, Limpinwood, 12pm-12.30pm 320 Clothiers Creek Rd, Nunderi, 1.30pm-2pm
Tate Brownlee Real Estate 1/126 Jacaranda Ave, Tweed Heads Wst, 9am-9:30am 8 Piggabeen Rd, Tweed Heads West, 10am-10:30am 6 Campfire Crt, Terranora, 10am-10:30am 1/16 Monterey Ave, Banora Point, 11am-11:30am 28 Port Dr, Banora Point, 11:30am-12pm 26 Oyster Point Rd, Banora Point, 12am-12:30pm 49 Parkes Lane, Terranora, 12:30pm-1pm 2 Glenbrae Dr, Terranora, 1:30pm-2pm 36 36premium premiumlots lotsranging rangingin insize size from 451m2 --1284m2 1284m2 Elevated the Elevatedposition position captures captures the panoramicmountain mountain views views panoramic Near Near flat, flat, builder builder friendly friendly • 55minutes of town town minutes from from the the heart of
Register Your Interest Today Jason Di mar 0477 222 452
02 6672 4477 rh.com.au/murwillumbah
Raine&Hornee
Ocean Shores 02 6680 5000
C Castlefield Drive,Murwillumbah Murwillumbah Castlefield Drive, www.100hillsestate.com.au www.hundredhills.net.au/ 85376
Murwillumbah’s Premier Land Release
Northern Rlvera/T-d Group
Murwillumbah 02 6672 4477
02 6672 4477
02 6672 4477 rh.com.au/murwillumbah
rh.com.au/murwillumbah