Welcome to the July monthly report from Rose & Jones, where we recap the latest insights from the last 60 days to inform your property search, with detailed insights across six suburbs in Queensland and Northern New South Wales. The following statistics and observations aim to help you make informed decisions in your property search and investment strategies.
Snapshot
- Fastest selling market: Tugun (34.4 days)
- Most negotiable sellers: Murwillumbah (-1.09% discount)
- Highest stock levels: Byron Bay (98 listings, 69 withdrawn)
- Tightest rental markets: Lennox Head (24 listings), Currumbin (34 listings)
Tugun QLD 4224
- New Sale Listings: 36
- Average Days on Market: 34
- Average Vendor Discount: +0.10%
- Recently Advised Sales: 28
- Total Rental Listings: 60
Key Insights:
Tugun continues to perform as a balanced market. With 36 new listings and 28 sales advised, buyer engagement remains strong. The average time on market is 34 days, and a modest +0.10% vendor premium suggests competition is lifting some sales above asking price. 60 active rental listings supports both investor interest and tenant demand.
Currumbin QLD 4223
- New Sale Listings: 26
- Average Days on Market: 42.4
- Average Vendor Discount: -0.28%
- Recently Advised Sales: 9
- Recently Withdrawn Listings: 20
- Total Rental Listings: 34
Key Insights:
Currumbin saw 26 listings with a slower average days on market of 42.4. The -0.28% vendor discount shows some minor flexibility in pricing, and 9 properties were advised sold. With 20 properties withdrawn and 34 rentals, the area is showing cautious activity among both buyers and sellers.
Coolangatta NSW 2535
- New Sale Listings: 3
- Average Days on Market: 134
- Recently Advised Sales: 0
- Recently Withdrawn Listings: 5
- Total Rental Listings: 0
Key Insights:
Only 3 properties were newly listed over the last 60 days in Coolangatta, and none were sold. The average days on market sits at a high 134, signalling long-term listings. With 5 withdrawn and 0 rentals, this suburb reflects a cool and thinly traded market at present.
Byron Bay NSW 2481
- New Sale Listings: 98
- Average Days on Market: 57
- Average Vendor Discount: -0.23%
- Recently Advised Sales: 23
- Recently Withdrawn Listings: 69
- Total Rental Listings: 98
Key Insights:
The region’s most active hub, Byron Bay recorded 98 new listings, but with only 23 advised sales, the clearance rate sits at around 23%. Properties are lingering for an average of 57 days, and vendor discounting at -0.23% indicates slight softening in prices. A significant 69 properties were withdrawn, reinforcing the need for realistic pricing. Rental demand remains stable with 98 active listings.
Lennox Head NSW 2478
- New Sale Listings: 80
- Average Days on Market: 60.9
- Average Vendor Discount: -0.89%
- Recently Advised Sales: 34
- Total Rental Listings: 24
Key Insights:
Lennox Head is experiencing a prolonged selling cycle with 60.9 days on market. Of the 80 properties listed, 34 sold, representing a healthy 42% clearance. The -0.89% vendor discount implies minor negotiation room. With only 24 rentals, the leasing market remains tight, likely supporting yield.
Murwillumbah NSW 2484
- New Sale Listings: 48
- Average Days on Market: 65.8
- Average Vendor Discount: -1.09%
- Recently Advised Sales: 18
- Total Rental Listings: 45
Key Insights:
Murwillumbah recorded 48 new listings and 18 sales advised, suggesting moderate buyer activity. The 65.8 days on market and a -1.09% vendor discount indicate softening vendor expectations. There are currently 45 rental listings, giving landlords some breathing room in lease-up timeframes.
Summary of July Insights
Activity across Northern NSW and Southeast Queensland reflects a mixed market, with slower sales cycles and subtle price adjustments offering strategic opportunities for buyers. While demand remains steady in lifestyle locations, vendor flexibility is emerging in certain suburbs.
Whether you’re looking to buy or invest on the Gold Coast, our team of buyer’s agents can help. For help getting started or more detailed information on any of these suburbs, please feel free to reach out to Oliver Dunstan at Rose & Jones.
Oliver Dunstan
Rose & Jones
