Attached housing demand in Byron Bay, Lennox Head and surrounds up: Herron Todd White
Two bedroom units on flat land close to the town of Lennox head is currently in high demand, with demand for attached housing in Byron Bay, Mullumbimby, Lennox Head and Ocean Shores and nearby areas up, according to Herron Todd White.
Herron Todd White's September Month in Review noted demand in Lennox Head forced developers re-think design options with unit stock across the region limited and in high demand.
The review said interstate buyers from Sydney and Melbourne who are used to smaller land areas still find duplex units and townhouses with yard space attractive and not overly different to the overall land areas they were used to.
"Off the plan purchases are still at a minimum and agents are reporting they are hard to convert into sales until the finished product is near fully complete," it said.
"Ocean Shores and surrounds is considered a good opportunity. The buy-in prices are relatively cheap when compared with the larger resort townships of Byron Bay and Lennox Head."