Properties that were once bargains on the beach and what they’re worth today
North of Bramston Beach, Mrs. Hawley-Whitton is selling a five bedroom home on lot 68/2417 Pine Creek Yarrabah Road which overlooks the entrance to East Trinity with a price guide over $ 899,000.
For those still hoping for that dreamy affordable beach purchase, shoppers should try their luck south of Bramston Beach in nearby Flying Fish Point.
A three bedroom house a few steps from the shore at 19 rue Maud is for sale with a negotiable price guide of $ 399,000.
There is hardly a sleepy coastal town in New South Wales that has yet to be discovered by town buyers keen to own their own beach house.
Last year, Caterina Cooper of Nambucca Valley Property sold a quaint three-bedroom beach house for $ 410,000 – the top of her asking price range.
That price has undoubtedly changed since then, Ms. Cooper said, noting that comparable properties are now selling for above $ 500,000.
“Due to COVID restrictions, people not being able to travel, this has forced people to enter the area; they discovered the region. That’s what really made the difference, ”Ms. Cooper said.
She sells a two-bedroom beach hut at 24 Third Avenue for $ 465.00 to $ 495,000. This gives the buyer one less room for potentially nearly $ 100,000 more than their listing a year ago.
“There’s nothing but this one listing, and I already have offers on the high end, and we haven’t finished marketing for that,” she said.
“All of a sudden, it went from a balanced market to a seller’s market. There weren’t enough ads and there were too many buyers, ”she said.
Buyers might still be lucky if they search for beach homes in Victoria for under $ 500,000, as the price hike has yet to cross that threshold in Seaspray and Golden Beach.
Tracey Wrigglesworth, of Elder’s Real Estate Sale, said that even though prices had risen by about $ 100,000 over the past year, interested parties could still buy a beach house for under $ 400,000.
“Before, it was cheap. Our blocks in Golden Beach cost $ 75,000… whereas last year most of them sold for $ 100,000 and currently $ 200,000. These blocks are right in front of the beach.
Ms Wrigglesworth has received numerous calls from out-of-region buyers who have simply searched for inexpensive beach homes online. Some then bought invisible sites, she said.
She is selling a four bedroom house just steps from the beach at 13 Fairway Avenue, Golden Beach, with a guidebook for $ 425,000.
The Morning Edition newsletter is our guide to the most important and interesting stories, analysis and ideas of the day. register here.