Hemsworths push prop­erty boom

The Daily Telegraph (Sydney) - - News -

CHRIS Hemsworth’s choice of home­town has pushed up prices in the re­gion, with me­dian prop­erty prices in By­ron Bay now at $1.75 mil­lion — higher than most parts of Syd­ney.

Realestate.com.au chief econ­o­mist Nerida Con­is­bee says while there are a num­ber of fac­tors that con­trib­ute to driv­ing up a prop­erty mar­ket, there’s no deny­ing the im­pact the Thor ac­tor and his fam­ily has had on the re­gion

“There’s al­ways been a lot of celebri­ties who have loved liv­ing up in that area but they (the Hemsworths) are very high-pro­file and they are giv­ing the area a very high pro­file as well,” she said.

By­ron Bay has played host to a num­ber of celebri­ties on hol­i­days in­clud­ing Matt Da­mon and Natalie Port­man. “There’s a whole lot of fac­tors that are driv­ing value, and if you have a look at some­where like By­ron Bay, it is look­ing very Syd­ney-like in terms of pric­ing,” Ms Con­is­bee said.

“The prices we’re see­ing there are quite ex­treme for a re­gional area,” she added.

“It’s more ex­pen­sive than some Syd­ney beach­sides.”

Chris Hemsworth

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