General
Byron Bay property prices push local workers out of town
Byron Bay is far from the working-class community it once was, but the popular tourist town now seems in danger of losing its blue-collar workers.
Key points:
- A local real estate agent in Byron Bay says property prices have increased astronomically over the past 12 months
- Local blue-collar workers are now finding the area unaffordable as buyers from Sydney and Melbourne move in
- Byron Mayor Simon Richardson says it’s important the town doesn’t become a playground for the rich
Property prices in the area have exploded over the last 12 months.
Local real estate agent Damien Smith said many of the buyers were people from Sydney or Melbourne who now realised they could work from home and live wherever they wanted.
“Australians decided they…
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