Anti-development Policy Contributed To Popularity Of Coastal Region
Shortages of housing and development stock, partially as a result of development limitations, have only contributed to the escalating demand for properties and increasing prices in Australia's Byron Bay, according to Demographer Bernard Salt. He suggested that the township could become a lesson in social engineering as the strong anti-development policy had only added to its increasing popularity and rising values which put properties only within the range of the wealthy. The mini development boom and buyer frenzy extending up the NSW north coast has also been fuelled by new and improved highways linking the region with the Gold Coast and Brisbane. Northern NSW coastal townships are described as offering not only an idyllic location with a green hinterland and beaches, but are now within commuting distance of these employment centres.
Thanks to Charlotte Fitzgerald