Clarence Valley market sees record breaking sales: HTW residential

Clarence Valley market sees record breaking sales: HTW residential
Clarence Valley market sees record breaking sales: HTW residential

Across the Clarence Valley, 2019 has seen a number of strong and in some cases record breaking sales, according to the latest Herron Todd White (HTW) residential report. 

The report notes some of the region’s best known beach locations such as Iluka and Yamba were no exception.

Iluka saw 46 Queens Lane sell for $945,000.

"A quaint cottage with direct frontage to a sandy riverfront and river walk, the Queens Lane sale was the highest single use residential sale for Iluka over the course of the year and proved that location and views are still what it’s all about.

"As for Yamba, its unique position caters for prestige riverfront or river view and beach view, and continues to lure many to the town," the valuation firm commented.

Throughout the course of 2019, its residential market showed the furthering of the gap between suburban Yamba and Yamba Hill, the report noted. 

"Whilst the first showed a stabilisation trend, the latter shot up and proved to be one of the most improved locations in the Valley," the valuation firm said. 

Yamba Hill, with its easy access to beaches and food and retail outlets, saw sales between $900,000 and $2 million, with a sale of land with no views at 13 Ager Street (pictured below) for a staggering $615,000.

Clarence Valley market sees record breaking sales: HTW residential

"At present, there are a number of pricey properties, some of which are incredibly unique," the valuation firm said. 

For instance, the offering of 718 Goodwood Island Road, Goodwood Island (pictured below) occupies almost the entire island and features a landing strip while the nearby listing of Gourd Island, is in fact for a whole island, complete with its own private barge access.

Clarence Valley market sees record breaking sales: HTW residential

Overall, the Clarence Valley’s varied composition ensures each year’s sales are a little different to the last and one is never entirely sure what or where a listing may pop up.

Tags: 
Prestige Market Clarence Valley

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