Mortgage Broker | Home Loans | Byron Bay
Byron Bay is a famous coastal town in northern New South Wales, known for its stunning beaches, laid-back lifestyle, and vibrant culture. It’s a hub for surfers, artists, and wellness enthusiasts, offering a mix of outdoor activities, including hiking, surfing, and yoga retreats. The town is home to the iconic Cape Byron Lighthouse.. Its real estate market is one of the most expensive in Australia, with a focus on luxury homes and eco-friendly properties. A blend of natural beauty, creativity, and sustainability makes Byron Bay a highly desirable place to live or visit.
Property Snapshot for Byron Bay
Byron Bay, located in New South Wales, Australia, is renowned for its picturesque beaches and vibrant cultural scene. Here's an overview of its current property market:
Median Sale Prices:
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Houses: Approximately $2,915,000, with an annual growth rate of 8.97%.
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Units: Around $1,345,000, experiencing a slight decline of 6.43% over the past year.
Rental Market:
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Houses: Median weekly rent is $1,100, yielding a rental return of 2.76%.
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Units: Median weekly rent is $920, with a rental yield of 3.61%.
Market Activity:
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Houses: 70 sales in the past 12 months, with properties typically remaining on the market for an average of 72 days.
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Units: 128 sales during the same period, with an average market presence of 55 days.
Recent High-Value Transactions:
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A beachfront property at 8 Border Street, Belongil, sold for over $30 million, setting a new record for the region.
- Greg Norman, a prominent golfer, has been exploring property options in Byron Bay, including luxury retreats priced at $50 million and $30 million.
These insights highlight the dynamic nature of Byron Bay's property market, characterized by significant growth, substantial transactions, and ongoing challenges related to housing affordability and availability.
Your local home loan experts servicing Byron Bay - book in a chat below
Our service
As your award winning Mortgage Choice brokers servicing Byron Bay, Joel & Tim and the team have access to over 35 lenders, including the major banks, to help you find the right loan for you. The team will take the stress out of the process and do all the legwork for you!
As your home loan experts for Byron Bay, once you have found your ideal property we will streamline the application process, look after the paperwork, lodge the application and do all the following up on your behalf.
We can help you with:
- First Home Buyer Loans in Byron Bay
- Refinancing in Byron Bay
- Car & Equipment loans in Byron Bay
- Business Lending in Byron Bay
- Commercial Loans in Byron Bay
- Cash Flow Management in Byron Bay
Get in touch with the team today
To arrange an appointment please call us on 02 66286130 or book below
