15.5 C
Byron Shire
June 27, 2022

Recovery optimism in Lennox Head and Ballina

Latest News

Honours shared in premiership football derby

Byron Bay FC were fourth placed on the Football Far North Coast premiership ladder after a 3-3 draw playing away against Mullumbimby Brunswick Valley FC in round seven of the competition.

Other News

Vale Bruce Kent

Bruce Kent (22.8.29–8.6.22)  was one of the greatest compassionate advocates for disarmament and humanity: • General Secretary 1980–85 CND (Campaign...

NSW Upper House agrees govt flood response ‘insufficient’

The NSW Government has supported a crossbench motion in NSW Parliament on June 8 that their response to the Northern Rivers floods was ‘insufficient’.

New laws to tackle crime profits and encryption

The premier has announced new police powers and ‘tougher penalties’ for money laundering and unexplained wealth in NSW.

Helping hand – have you seen the tinny?

At the height of the floods my lovely young neighbour, Brian, was all over the place helping people. Also,...

People with peace in their hearts?

In reference to the full page advertisement (it clearly states that it is an advertisement, and really is nothing...

Entertainment in the Byron Shire for the week beginning 22 June, 2022

The Northern Rivers Conservatorium Executive Director, Anita Bellman, is thrilled to announce that there will be free tickets for all flood-affected members of our community to attend the NRC 2022 Visiting Artist program, made possible with the support of our friends at Musica Viva and Southern Cross University.

Nick Bordin
Nick Bordin, licensee-in-charge, Elders Lennox Head – supplied

As the Northern Rivers slowly emerges from the COVID-19 crisis, real estate is one of the markers of the recovery.

If the experience of Elders Lennox is typical, the signs are looking very good, with buyer sentiment strong and vendor confidence returning to the local market since the ban on open homes and auctions was relaxed.

Licensee-in-Charge Nick Bordin told Echonetdaily, ‘Our market experienced a short-term pause, but buyer and seller confidence is now up, which is largely due to our region offering better affordability and a more alluring lifestyle for those seeking to escape major cities. Add to this record low interest rates and stimulus packages driving the economy, and it’s a recipe for a strong rebound.’

Mr Bordin said the reports of realestate.com.au show that search enquiries for Northern NSW have actually increased since COVID-19, and not just for Byron Bay, but other desirable areas including Bangalow, Lennox Head, Skennars Head, East Ballina and the hinterland villages.

‘The good news is our recent results show there are great opportunities for sellers in our market to take advantage of strong buyer interest,’ said Mr Bordin. ‘We have vendors who have been waiting for the dust to settle to list their property and are now feeling more confident about taking their property to market because of the buyer demand we’ve seen.

‘Overall, we feel very positive about the real estate sector in our region post-pandemic.’

Pubs and clubs reopening

Ballina RSL
Ballina RSL bounces back – supplied

A little further south, at the Ballina RSL Club, the outlook is also positive since re-opening in a limited way.

After almost two weeks back trading, the Ballina RSL told Echonetdaily they enjoyed welcoming their members and guests back to the club.

CEO Bill Coulter said, ‘We wanted to make the club facilities as back to normal as we could for the comfort of our patrons.’

‘Bingo has been at capacity and our raffles have been well received,’ he added.

The club are hopeful that the next government announcement will increase allowable numbers. This will allow them to look at entertainment options again, along with other promotional activities. Food and beverage offerings are likely to increase as well.

Of course there are many other businesses in the region who are still doing it very tough.

There will be more recovery stories to come.


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.

3 COMMENTS

  1. Real estate agents pumping up their own industry’s tyres is getting very boring, and more importantly, letting it go unchallenged in the media has helped, in some measure, to make housing less affordable.

    Where is the journalistic effort to source evidence to back up the assertions in this advertorial for this agent to gain Lennox Head listings ?

  2. Exactly Jimbo!

    The Echo needs to pay the bills and the sad commercial reality is that;

    1. Property advertising is a major source or revenue that largely helps the Echo’s survival and ability to provide us with mostly unbiased, good content &

    2. As a result, there is the inevitable unconscious influence when it comes to upholding ournalistic oversight (softer bite on those that feed you).

    Easy to comment, harder to manage!

    Oh & the other reality…. Lennox or Ballina in recovery? Prices gone anywhere, interest never dropped, only increased. Maybe a bit more fact checking first hey!

LEAVE A REPLY

Please enter your comment!
Please enter your name here

You may have missed… mangroves’ carbon storage potential, smart implants, and twitter misinformation

Mangrove forests are massive carbon sinks, capable of storing over 1,000 tonnes of carbon per hectare.

Local triathletes claim another title

The Byron Bay Breakers Triathlon Club has won the North Coast Interclub series for the second time after finishing on top of the table ahead of the Clarence Valley Stingrays and Hat Head Hammerheads.

Lismore City Council votes against land-swaps and buybacks

The Lismore City Council has voted against asking the federal government and NSW Northern Rivers Reconstruction Commission [NRRC] for prioritised land buybacks and swaps after devastating floods earlier this year.

Casino teenager charged with murder

An 18-year-old Casino man is to face Lismore Local Court today charged with murder.