Coastal regions, Noosa and Byron show signs of recovery after GFC slump: CoreLogic

Coastal regions, Noosa and Byron show signs of recovery after GFC slump: CoreLogic
Staff reporterDecember 7, 2020

Lifestyle and tourism based regions are showing a healthy recovery after their post GFC slump, according to a recent CoreLogic report.

The property data firm says that the median price of houses in the Byron region is increasing from $590,000 as of November 2011 to $790,000 on November 2016.

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Coastal regions, Noosa and Byron show signs of recovery after GFC slump: CoreLogic

A three bedroom house at 111 Stuart Street, Mullumbimby (above) has been listed for between $745,000 to $795,000.

Similarly a three bedroom house at 35/12 Hazelwood Close, Suffolk Park (below) has been listed for between $795,000 to $840,000.

Coastal regions, Noosa and Byron show signs of recovery after GFC slump: CoreLogic

A five bedroom house at 14 Hyrama Crescent, Brunswick Heads (below) was sold for $785,000.

Coastal regions, Noosa and Byron show signs of recovery after GFC slump: CoreLogic

Similarly a three bedroom house at 3 Bunjil Place, Byron Bay (below) was sold for $766,000.

Coastal regions, Noosa and Byron show signs of recovery after GFC slump: CoreLogic

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