27 C
Byron Shire
February 27, 2021

Are Chinese buyers ‘flocking to Byron’?

Latest News

Mt Warning ban

Chris Gee, Byron Bay Indigenous readers be advised that the following letter contains references to persons deceased. I read with some...

Other News

Resilience through biodiversity and awareness

The Byron Shire Resilience and Regeneration Roadshow will be in Brunswick Heads this Saturday, as part of a series of events across the region tackling the question: ‘How do we create more resilient communities in 2021?’

Coal scuttle

Alan Veacock, Cumbalum After some serious arm-twisting from the rest of the sane world, led by Joe Biden, the ‘marketing...

Local fisherfolk caught in the parking fine net

FIsherfolk have been caught in the net of parking fines designed to stop travellers parking up for the night on the Tweed Coast Road and they are seeking help to access their beaches at night without fines.

Ballina sludge a mixture of blue-green algae species

A reader has sent Echonetdaily some photos of what he described as 'something nasty and green coming down the Richmond River'.

Archibald has knock-on effect in Murwillumbah

The Tweed Regional Gallery is hosting the Archibald Prize and local business people say the event is giving the town of Murwillumbah a significant economic boost.

Pottsville’s controversial Men’s Shed extension to be advertised

The controversial Men’s Shed at Black Rocks Sports Fields in Pottsville is seeking to expand its footprint 12m to the west.

Real estate agency Corbett and Co recently advertised 23 hectares of Byron absolute beachfront land and had approaches from 14 different buyers from China. Photo Corbett and Co
Real estate agency Corbett and Co recently advertised 23 hectares of Byron area absolute beachfront land and had approaches from 14 different buyers from China. Photo Corbett and Co

Real estate in the Byron area is heating up, with the region jumping from 28th most popular location for buying property in NSW to fourth, according to Chinese-language international real estate website Juwai.com.

A luxury real estate agency based on the Gold Coast was quoted in today’s Sydney Morning Herald saying 14 Chinese investors had flocked to inspect a 23-hectare block with absolute beach frontage between Ballina and Lennox Head recently.

‘We have seen Chinese buyers in the Gold Coast for years, but they now seem to be looking further afield to the more exclusive Byron surrounds,’ said Dominique Corbett of Corbett & Co.

‘They love the idea of creating a pristine eco retreat with a golf course in a place that is this close to amenities and direct flights to China via Coolangatta,’ she said.

But local agencies on the ground in Byron Bay dispute the claim that the region is awash with Chinese buyers, although they agree the market is the busiest it has been for years.

James Young of Byron Bay First National told Echonetdaily the agency was ‘almost out of stock’ after a big rush before Christmas.

‘We’ve had our best December in years, with contracts being exchanged right up until Christmas Eve,’ Mr Young said.

‘We’re selling dreams to people with deep pockets and it’s having an effect right across the region, including Mullum and even Ocean Shores.

‘But we don’t have Chinese people knocking on the door looking to get into real estate in Byron Bay,’ he said, adding that it might be a different story ‘right at the top end of the market and among some developers.’

Buyers’ agent Michael Murray of Byron Bay Property search agreed.

‘Maybe bigger commercial stuff is finding interest from big Chinese investors but agents will tell you we never really get any foreign buyers and especially not Chinese,’ Mr Murray said.

‘I don’t see them out surfing either,’ he added.

Mr Murray said that the Gold Coast and Brisbane get Chinese buyers ‘to an extent’, adding ‘they’re a very specific environment with off-the-plan developments that bypass the Foreign Investment Review Board regulations and allow them to park their money in a relatively safe environment.’


Support The Echo

Keeping the community together and the community voice loud and clear is what The Echo is about. More than ever we need your help to keep this voice alive and thriving in the community.

Like all businesses we are struggling to keep food on the table of all our local and hard working journalists, artists, sales, delivery and drudges who keep the news coming out to you both in the newspaper and online. If you can spare a few dollars a week – or maybe more – we would appreciate all the support you are able to give to keep the voice of independent, local journalism alive.


  1. It’s just taking the Chinese longer to get here than everyone else.

    Byron businesses are owned and run by plenty of Americans and English and Israelis and whatever else already. When you ring a business in Byron, you’re just as likely to hear an American accent on the other end of the line than anything else.

    We are a multicultural society and at the end of the day, you are either buried under it or sprinkled over it, you never really own the land.

    I’m “Australian” – I was born here and I have spent all but two Balinese weeks on this soil. I can’t afford to live in Byron. Real Australians, and by that I mean the Aboriginal community, can’t afford to live in Byron.

    The amount of Australians who CAN afford to live in Byron grows fewer and fewer all the time. At the end of the day does it matter who can? Chinese ? American? What’s the difference?

  2. The photo in the article “are Chinese buyers flocking to Byron” is NOT between Ballina and Lennox Head. It is a photo of Boundary Creek properties which are on the boundary of Ballina Shire Council and Richmond Valley Council areas. This photo is of beachfront land about 20kms SOUTH of Ballina between Wardell and Broadwater.

  3. Yeah we’re multicultural, yeah we’re tolerant but gees mate do we really need ANOTHER shitty resort & golf corse for the idle rich albeit nouveau rich!!
    I reckon it’s time we had a say in our beach front whether we can afford to live there or not! I can’t even afford to pay to park while me & the “Z” Kelpie Family swim!!!
    My friend says it’s time to fight back not descriminate on race but on quality of the construction & time to sabotage those that are unethical constructions:-IE: ALL OF THEM!!


Please enter your comment!
Please enter your name here

‘The Great Reset’

Gary Opit, Wooyung I appreciated the letter by Lucas Wright (17 February) on the Great Reset conspiracy fantasy. With our privileged, western, simplistic understanding of...

Letting go

Mary McMorrow, Mullumbimby I respect the parents forgiving the drunk driver who killed their four children (one a cousin) as their way of dealing with...

Ministers misbehave

Keith Duncan, Pimlico Accusations of appalling behaviour by the Liberal Party in covering up misdeeds within its ranks just keep on keeping on. The last...

Transparency needed

Janelle Saffin MP, State Member for Lismore. I read with interest Mia Armitage’s front page article in last week’s Echo ‘Electorates miss out on bushfire...