10.09.2023 - By Terry Ryder & Tim Graham
Regional NSW is part of the emerging recovery theme which dominates the national real estate scene, although its revival is perhaps a little less emphatic than some of the other states. Earlier in the year, when Hotspotting conducted its Winter survey of sales activity, only a third of Regional NSW locations had positive outcomes. But more recently our Spring survey revealed that two-thirds of locations had positive rankings. This represents a meaningful turnaround in the Regional NSW market overall, although some high-profile locations like Byron Bay have yet to join the revival. The biggest cohort in Regional NSW now is the recovering markets.