The NSW government says they will introduce new laws this week targeting misleading property advertising.

The Ballina Shire Council voted this week to start selling off parcels of land on the Alstonville Plateau, with staff revealing unprecedented loans for commercial property activities.

Greens Member for Ballina Tamara Smith says she’ll be supporting a Labor proposal to ban real estate agents and property developers from NSW local governments.

NORTEC is selling off the last of its Ballina community assets, the former BETC (Ballina Employment and Training Centre) head office at 10 Endeavour Close, in the Southern Cross Industrial Estate.

As the Northern Rivers slowly emerges from the COVID-19 crisis, real estate is one of the markers of the recovery. The signs are looking very good, with buyer sentiment strong and vendor confidence returning to the local market.

A prime Byron Bay retail site with an annual income of almost $.5 million has been sold to a Hong Kong-based private investor for $6.48 million. It last traded for $5.26 million in 2003.

Unique Estates was born from a single sale in the Byron Bay hinterland and grew into a prestige property agency with offices across Australia and Asia. But it collapsed last week owing staff outstanding wages.

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.