Damien Smith
speaker
54 appearances
1 recordings
1 series
first heard May 2022
last heard May 2022
Damien Smith’s voice in public audio — every appearance, attributed to the second.
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Appearances
And I think what people probably don't realise, certainly when they come from the big dollar median suburbs of Sydney, is that Byron's quite a small place, only about three and a half thousand homes in Byron, one way in and one way out.
And it is quite small and there's only limited land, a lot of reserve there, a lot of wetland.
so you're right on the coast is is mainly where you are on the on the beautiful beaches so it's quite small so whatever land does get released will be gobbled up at very high prices there's a there's a little there's a development that's released about 40 blocks at the moment and i think and basic building blocks and they start they're starting around that 1.7 million dollar mark so yeah look it's very hard to get any land and certainly you know within the middle of town it's near impossible
Yeah, look, the way I see the market is you're right.
In October, November, December, it certainly was at its frenziest with half a dozen buyers for every property and not being able to secure the deal quick enough.
We still saw a bit of that overflow into the start of January and through January.
But then the heat certainly, I believe, started to go out in February and March.
There were still buyers, but not as many.
And then obviously the end of March and March and the end of March, we had floods in the region and some floods in the town centre, obviously the election coming.
So it's balanced out a bit now.
There's still a lot of people wanting to buy, but not as many.
And they're not prepared to pay that over the top price that maybe they were paying back at the end of last year.
Look, it's quite interesting.
I've got a few auctions on the go at the moment, and it does vary.
I'm expecting a couple are registered tomorrow for one of my auctions maybe, and only a single bidder probably registered for the other one.
So bidder numbers are definitely down.
I would say you're probably getting maybe two to three bidders on an average.
Look, the flooding in the region was a couple of weeks before that.
And then the second flood came in March 29th was when Byron Town Centre, the CBD, went under a couple of foot.
And our offices, both of them, our sales office and our residential property management office went under.
Showing 21–40 of 54 · page 2 of 3
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