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Nearly nothing below $1 million as hinterland properties snapped up

Premium Content Two recent property sales have hit the $14 million mark in the Byron hinterland. A quarterly market report from Ray White Byron Bay, distributed to hinterland residents and detailing the hinterland’s most recent sales across different agencies, has listed 35 recent sales. The only property to sell for under $1 million was in Main Arm, and went for $940,000. The most expensive properties on the list were on the same road in Coorabell, going for $14 million (23 hectares) and $14.1 million (24 hectares), both selling in March. According to realestate.com.au, the latter of those – at 895 Coolamon Scenic Drive – sold for $6.2 million in July, 2018 although it is understood there was significant work on the property in the interim.

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