Tag #Byron Bay

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smh.com.au

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Jul 11, 01:15

Byron Bay Rentals Hit Record High

Byron Bay's median weekly house rent hit a record \$1150 in June, a 15% annual increase, surpassing some Sydney suburbs due to lifestyle migration, limited housing supply, and strict development rules.

Byron Bay Rentals Hit Record High

Byron Bay's median weekly house rent hit a record \$1150 in June, a 15% annual increase, surpassing some Sydney suburbs due to lifestyle migration, limited housing supply, and strict development rules.

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What are the immediate consequences of Byron Bay's record-high rental prices on local residents and the broader housing market?

Byron Bay's median weekly house rent has surged to \$1150, exceeding even some premium Sydney suburbs and marking a 15% year-on-year increase. This makes it the only regional NSW LGA with a four-figure median weekly rent, significantly impacting affordability for residents.

smh.com.au

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Jan 9, 22:10

Byron Bay's High Housing Costs Drive Residents to Nearby Towns

High housing costs in Byron Bay (median house price: $2,005,000) are forcing locals to relocate to nearby towns such as Lennox Head ($1.5 million), Ballina ($800,000), Yamba ($1 million), and Alstonville ($880,000), seeking affordability and stronger community bonds.

Byron Bay's High Housing Costs Drive Residents to Nearby Towns

High housing costs in Byron Bay (median house price: $2,005,000) are forcing locals to relocate to nearby towns such as Lennox Head ($1.5 million), Ballina ($800,000), Yamba ($1 million), and Alstonville ($880,000), seeking affordability and stronger community bonds.

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What factors are causing residents to leave Byron Bay and relocate to nearby towns?

The high cost of living in Byron Bay, with a median house price of $2,005,000, is driving locals to nearby towns like Lennox Head ($1.5 million median), Ballina ($800,000 median), Yamba ($1 million median), and Alstonville ($880,000 median). These areas offer more affordable housing and a stronger sense of community.

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