Real Estate FROM COAST TO COUNTRY
17 Wollumbin Street, Tyalgum is for sale with Northern Rivers Property Group
239 Rowlands Creek Road, Uki is for sale with Elders Tweed Valley
30 Larkins Road, Tyalgum is for sale with Ray White Murwillumbah
Valley property boom shows no sign of slowing
Open Homes Saturday, July 20 Tweed Coolangatta Real Estate
grabs right now. Murwillumbah houses rent out for $650 per week with an annual rental yield of 4.2 per cent and units rent for $420 with a rental yield of 4.2 per cent. But it’s not all about Murbah is it. Dotted around this rural centre are some very lovely villages including Uki, a haven for creative types with a friendly community and some very lovely, character-filled homes. Last month Uki had three properties available for rent and seven properties for sale, but right now there are ten up for sale. The median house price over the last year was $970,000, well above
Murwillumbah’s median which shows how popular this village is. Uki homes rent out for $680 per week, with an annual rental yield of 3.4 per cent. Uki has seen an annual compound growth rate of 2.6 per cent for houses. Tyalgum is tucked a little further away, but is also an artistic and picturesque little neck of the woods. Last month Tyalgum had one property available for rent and eight properties for sale, right now there are 11 on the market. The median price over the last year is $860,000 for houses, up a big 23.3 per cent. The median time on the market is
• 504/1 Lord Street, Coolangatta 11:00-11:30am • 4/3 Island Drive, Tweed Heads 11:15-11:45am • 9/4 Clancy Court, Tugun 12:00-12:30pm
Tate Brownlee
• 2/21 Beach Street, Kingscliff, 9 -9:30am
• 3 Terrace Street, Chinderah 11-11:30am • 3/100 Dry Dock, Tweed Heads South 11-11:30am • 4/1 Limosa Road Tweed Heads West 12-12:30pm
• 11 Fraser Drive, Tweed Heads South, 10-10:30am
DJ Stringer Property Services
• 4 James Cook Drive, Banora Point, 11 -11:30am
-9:30am • 51/7 Island Drive, Tweed Heads 10:00 -10:30am • 20 Eliza Fraser Court, Terranora 10:00 -10:30am
• 14 Market Parade, Terranora, 12 -12:30pm
• 2/3-5 Barrett Street, Tweed Heads West 9:00
• 16/291 Darlington Drive, Banora Point, 10 -10:30am • 70 Honeymyrtle Dr, Banora Point, 11-11:30am • 518 Terranora Road, Terranora, 12 -12:30pm • 11 Trutes Terrace, Terranora, 1-1:30pm • 45 Shamrock Avenue, Banora Point, 2- 2:30pm
McGrath
• 1/6 Tupia Avenue, Tweed Heads, 9.30- 10am • 16/13-17 Beach Street, Kingscliff, 9.30- 10am • 6/48 Main Road, Fingal Head, 10-10.30am • 7 Spoonbill Lane, Kingscliff, 10- 10.30am • 3/1 Pacific Street, Kingscliff, 10- 10.30am • 187/1 Mariners Drive West, Tweed Heads, 10.30-
11am
• 27 Viking Street, Kingscliff, 11- 11.30am • 17 Drift Court, Kingscliff, 11- 11.30am • 255 Darlington Drive, Banora Point, 11.30- 12pm • 1 Lambent Ave, Casuarina, 12- 1pm • 5 Donegal Court, Banora Point, 12.30- 1pm
Schmith Estate Agents
• 18/14 Lorikeet Drive, Tweed Heads South, 10-10.30
Our Community Comes First We all live and work here in the beautiful Northern Rivers and we’re serious about doing right by our community. We value the relationships we form with our clients and potential buyers and personally communicate all the way through the sales process. After all, we’re going to be neighbours.
02 6672 2499 jetrealestate.com.au SELLING . BUYING . PROPERTY MANAGEMENT
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80 days, which was the same for Murwillumbah. There are also eleven lovely homes available for sale at Tumbulgum, although there isn’t any sales data for the village. The days of the absolute bargains in the valley may be long gone but it’s still more affordable than a lot of places in the shire and seriously beautiful. It’s not much use waiting for prices to go down either because that’s not likely to happen anytime soon and if interest rates do drop, it is only expected to send prices higher.
THINKING OF SELLING? CALL THE TEAM TODAY Jason Dittmar 0477 711 858 Elizabeth Hickey 0474 908 555 Tania Sheppard 0438 446 578
90228
quite a lot. Pre-Covid the median house price in Murwillumbah was $500,000, REAL ESTATE in the Tweed Valley which jumped to $830,000 by early has been on the march with many 2022. It’s now settled back down to buyers either priced out of coastal properties and looking for a bargain $800,000 for houses but is up 1.8 per cent over the last year. or cashing in on high prices near the Units went from $133,000 (geez beach and escaping the crowds to what were we thinking people, we go west. should have been jumping on these Murwillumbah was cheap as chips bargains) to $625,000 earlier for years, which is strange since it’s this year. They have now settled so picturesque with the river, the to $600,00 which is a 3 per cent mountain, the cane fields and the old compound growth rate over the past mill still crushing all that sugar cane. 12 months. Suddenly people cottoned on to Last month Murwillumbah had 15 the fact that there were bargains properties available for rent and 35 properties for sale, with 25 up for aplenty and prices have since risen
By Jo Kennett