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Byron Shire Council, NSW

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Byron Shire is a local government area in New South Wales, situated in the Northern Rivers region. The local property market is popular with retirees and young families, and is in high demand for holiday homes.

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The shire’s economy is based on tourism, with a strong focus on the arts and natural environment. Byron LGA is also a major producer of agricultural products, including dairy, beef, pork, and lamb. There is a small amount of light industry, and the shire is home to a number of technology businesses.

Professionals (23.8 %), Managers (16.8 %), Technicians and Trades Workers (13.4 %), Community and Personal Service Workers (12.9 %), and Labourers (9.7 %) are the most prevalent professions in Byron Bay. In Byron Bay, the typical weekly personal income for residents aged 15 years and older is $621.

The shire is serviced by a number of major highways, and the Gold Coast International Airport is located just outside the shire’s boundaries. The local economy is healthy, with a low unemployment rate and a strong GDP growth rate. The shire is home to a number of high-growth businesses, and the population is growing steadily.

The main selling points of the Byron Shire, NSW property market are its natural beauty and relaxed lifestyle. The market is also popular with retirees, who are attracted by the area’s low crime rate and good healthcare facilities.

In Byron Bay, 61.8 % of occupied private homes are detached houses, 12.8 % are semi-detached, row or terrace houses, townhouses, or other buildings, 17.4 % are flats or apartments, and 5.8 % are other dwellings.

The house and rental prices are high relative to the state average. The market has been experiencing strong growth, with prices increasing by double digit percentages year on year.

Discover the latest trends for houses and units in Byron Shire suburbs with the help of interactive dashboard on this page.

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Suburb Heatmap Analysis

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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No Rent Data
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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Property Market in Byron Shire Council, NSW

What other property markets are there near Byron Shire Council, NSW?

Byron Shire Council is surrounded by 3 other council areas – Tweed, Ballina, Lismore.

Suburbs/localities in this Local Government Area: Coopers Shoot 2479, Coorabell 2479, Eureka 2480, Ewingsdale 2481, Federal 2480, Bangalow 2479, Goonengerry 2482, Hayters Hill 2481, Huonbrook 2482, Koonyum Range 2482, Main Arm 2482, Mcleods Shoot 2479, Middle Pocket 2483, Montecollum 2482, Mullumbimby 2482, Mullumbimby Creek 2482, Myocum 2481, Nashua 2479, New Brighton 2483, Ocean Shores 2483, Palmwoods 2482, Possum Creek 2479, Billinudgel 2483, Skinners Shoot 2481, South Golden Beach 2483, Suffolk Park 2481, Binna Burra 2479, Talofa 2481, The Pocket 2483, Tyagarah 2481, Upper Coopers Creek 2482, Upper Main Arm 2482, Upper Wilsons Creek 2482, Wanganui 2482, Wilsons Creek 2482, Yelgun 2483, Booyong 2480, Brunswick Heads 2483, Byron Bay 2481

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