9 Rob Roy Cres, Kingscliff sold for $3.6m.
The upcoming arrival of the new $720m Tweed Hospital has strengthened buyer sentiment in nearby beachside markets, with sales totalling more than $30 million recorded in Kingscliff since last month.
A pipeline of major infrastructure investment has injected a renewed vigour into the region, where house prices slipped last year on the back of rising interest rates, following a steep trajectory of growth through the pandemic.
The far north coast was a huge beneficiary of lifestyle-led migration through Covid, with cashed-up Melbourne and Sydney buyers splashing record sums on newly build luxury beachside homes.
20 She-Oak Lne, Casuarina sold under the hammer (price not disclosed).
11 Cylinders Dr, Kingscliff sold for $4.85m.
PropTrack data shows prices recovered through the first half of 2023, notching up 7.7 per cent growth over the past 12 months to a median of $2m.
The construction contract for a new Kingscliff ambulance station was awarded to FKG this month, delivering another confidence boost, said local agent Nick Witheriff, of LJ Hooker.
Mr Witheriff said medicos and ancillary health specialists from South East Queensland and
Sydney were house-hunting ahead of planned transfers to the region’s cutting-edge health precinct, which will comprise 430 beds.
14 Ulladulla Ct, Kingscliff sold for $2.41m.
44 Sand St, Kingscliff sold for $1.483m.
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Among top sales since last month, a modern home blending Hamptons style with the charm of a classic beach cottage sold for $4.85m at 11 Cylinders Dr, while a modern entertainer with a Californian vibe at 20 Echo Lne went for $4.8m.
A unique five-bedroom, five-bathroom house on Rob Roy Cres in an enclave known as the ‘Wategos of Kingscliff’ for its elevated views sold under the hammer for $3.6m, and a former prize home on Barrel St in the lifestyle precinct of Salt Village changed hands for $2.85m.
“The new hospital will be the premier health facility between the Gold Coast
and Coffs Harbour,” said Mr Witheriff.
268 Casuarina Way, Casuarina sold for $1.736m.
“Its construction has been great for the local economy and six or so months out from its opening, we’re starting to see interest from professionals and providers in the health sector which is propping up prices.
“I’m receiving enquiry from Sydney, Melbourne and Brisbane medical professionals who recognise the chance to work in a cutting-edge health facility that’s on the doorstep of one of Australia’s best coastlines, beachside communities and the Gold Coast’s international airport.”
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