Tourists good for house sales

Hol­i­day-mak­ers like to check out mar­ket

The Northern Star - - NEWS - ALI­SON PATER­SON ali­son.pater­[email protected]­ern­

BUY­ING a home in your favourite hol­i­day desti­na­tion can be a dream come true.

The North­ern Rivers cer­tainly of­fers a wide range of prop­erty types and lo­ca­tions to suit ev­ery bud­get of hol­i­day­maker who falls in love with the re­gion over the sum­mer hol­i­days.

From high-priced coastal prop­er­ties to the more af­ford­able hin­ter­land towns, buy­ers from cap­i­tal cities who choose to va­ca­tion in the re­gion of­ten use their time when not at the beach or re­lax­ing by the pool to scout out the real es­tate.

For those es­cap­ing the busy ur­ban cen­tres and the sprawl­ing suburbs, re­lax­ing in the re­gion can set off an epiphany about hav­ing a tree or seachange.

Cou­pled with the at­trac­tive prices for prop­er­ties in places such as Lis­more, com­pared to what city-dwellers are faced with, there’s no doubt sum­mer is a great time for ven­dors.

Real es­tate agent Ka­t­rina Beohm said peo­ple on hol­i­day were in the right frame of mind to con­sider a life­style change.

“Some­times peo­ple think ev­ery­thing, in­clud­ing real es­tate, stops over Christ­mas and New Year and this is not the case,” she said.

“I once had a call on Christ­mas day from vis­i­tors who were in the area for a cou­ple of days who wanted to view a prop­erty. I showed it to them on Box­ing Day and they bought it.”

Ms Beohm said an ex­pe­ri­enced agent could sort out the tyre-kick­ers from gen­uine buy­ers.

“This is where hav­ing a good re­la­tion­ship with a pro­fes­sional agent pays div­i­dends,” she said.

Me­dian house prices for the re­gion

Bal­lina: $560,000

By­ron Bay: $1,400,000

Casino: $281,000

Kyo­gle: $286,250

Len­nox Head: $910,000

Lis­more: $345,875

Mul­lumbimby: $737,500

Be­fore snap­ping up that hol­i­day prop­erty

Run the num­bers: Make sure you can af­ford the prop­erty, and fac­tor in stamp duty, mov­ing costs, rates and know if you have to sell up be­fore mak­ing an of­fer.

Rose-tinted glasses: It’s easy to be se­duced by a hol­i­day desti­na­tion but think about liv­ing there all year around.

What you need: Are there the ameni­ties you need such as schools, shops, sport­ing grounds or med­i­cal care?

Ca­reer: Can you work re­motely or do you have to find a job be­fore you re­lo­cate?

Photo: Con­trib­uted

FROM HOL­I­DAY TO HOME: Buy­ing a prop­erty at your favourite hol­i­day spot can be a great way to have a new life­style, such as this prop­erty with a gor­geous pool at 11 Shel­ley Drive, By­ron Bay.

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