Byron Bay property market Tag

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Well, it's almost that time of year again. You know the one, you've been hibernating all through winter, snuggling up on the couch under a blanket, cosying up and getting comfy in your cocoon (that's code for home). And then it's spring! Lovely,...

The summer weather is here and the beach is calling as we head into the holiday season. It's hot in more than one sense here on the Far North Coast of NSW with the Byron Bay property market picking up steam.
Known as the most happening coastal town in the world, Byron Bay has so much to offer. Beyond the daily grind of surfing, whale watching, beach and lighthouse walks and sampling the many great restaurants, there’s a steady stream of cultural activities to attend.Right now, for example, we’ve just had an amazing ten days of cinema with the 7th Byron Bay International Film Festival in town with feature films, documentaries, shorts and animation to choose from, plus workshops
In the last few weeks there has been a significant upsurge in property sales in Byron Bay. One agent reported over $26 million in sales in one week at the end of April, including the iconic Watermark property at Wategos. While this is an exceptional result, unlikely to be repeated even in boom times, it does raise the broader question as to whether the tide has turned for the Byron Bay property market.