Article confirms our forecast for north NSW
Since the middle of 2006, hotspotting.com.au has been alerting investors to the possibilities of markets in northern New South Wales thanks to new transport infrastructure.
Locations in this precinct have been included in both the NSW Hotspots report and the national Sea Change Hotspots report. The big kicker in these areas is ongoing major improvements to the Pacific Highway and the upcoming boost from the Tugun Bypass at the southern end of the Gold Coast.
These changes make it much easier and faster for residents of South East Queensland to get to locations like Tweed Shire, Ballina and Yamba.
A recent article in the Australian Financial Review, headlined ?Roads bring new wave of buyers?, confirms the potential we have been predicting.
The AFR reported: ?The upgrading of highways from Brisbane to Byron Bay has kick-started the NSW far north coast?s slumbering property market and agents are reporting a sudden improvement in sales turnover and prices.
?Once the Tugun Bypass is complete, Byron Bay will be the same travel distance for Brisbane as Noosa is.
?A new profile of buyers has been emerging since the $250 million Yelgun-to-Brunswick Heads section of the Pacific Highway opened recently.?
The AFR article notes that direct flights from Melbourne to Coolangatta Airport at the southern end of the Gold Coast are also making it easier for Victorian buyers to get to northern NSW.