The coastal charm of Cabarita
INDUSTRY INSIGHTS
Rose & Jones Buyers Agent Kurt Sorensen reveals what he loves about Cabarita and the top reasons to invest or live in the popular coastal town.
The Cabarita Beach region, often referred to as Caba, is a beloved coastal area, and there are several reasons why locals and visitors alike are so fond of this hidden gem.
Centrally located between Byron Bay and the Gold Coast
Cabarita’s prime location is one of its biggest attractions. Situated conveniently between Byron Bay and the Gold Coast, it offers easy access to the best of both worlds. Whether you’re in the mood for the bohemian vibes of Byron Bay or the glitz and glamour of the Gold Coast, both are just a short drive away, making Cabarita a perfect home base for exploring Northern New South Wales and Southern Queensland.
Small town, community vibe
Unlike some of the more commercialised beach towns, Cabarita retains a charming small-town feel. The community vibe is strong here, with friendly locals, cozy cafés, and a welcoming atmosphere. It’s a place where you can easily strike up a conversation with a stranger or get to know your neighbours, fostering a sense of belonging and relaxation.
Access to secret breaks, beaches, and the hinterland
For those who love the outdoors, Cabarita is a treasure trove of hidden spots. It’s known for its secret surf breaks that cater to both beginners and seasoned surfers looking to escape the crowds. Additionally, there are numerous secluded beaches where you can enjoy a quiet day by the sea. The nearby hinterland also offers lush landscapes and scenic trails for hiking, providing a beautiful backdrop for nature lovers.
Top 5 reasons to consider investing or purchasing in Cabarita
If you’re considering investing in real estate, here are five compelling reasons why Cabarita should be on your radar.
1. Limited supply
There is a finite amount of land available for development in Cabarita. This naturally limits the supply of new properties, driving up demand and property values over time.
2. Protected habitats and flood zones
With certain areas designated as protected habitats and others in flood zones, the available land for development is further restricted. This protection ensures that Cabarita’s natural beauty is preserved, while also maintaining property values in safer, higher areas.
3. Ripe for renovation – 90s brick and tile homes
Many of the homes in Cabarita were built in the 1990s and are ripe for renovation. Investors can capitalise on the opportunity to update these properties, adding value and appeal for both buyers and renters.
4. Interstate and city migration – influx from Gold Coast and Sydney
The trend of interstate and city migration is strong, with many buyers relocating from the Gold Coast and Sydney seeking a more relaxed lifestyle. This influx is contributing to a strong demand for properties.
5. Ongoing development and infrastructure projects
The area is seeing significant development, such as the CABA Residences, Kai, and Malie, as well as the nearby Kings Forest project. Additionally, key infrastructure projects like the Tweed Valley Hospital, Tweed Mall upgrade, and Gold Coast Airport upgrade are set to enhance the region’s appeal, further boosting property values.
Current state of the market
The real estate market in Cabarita has experienced significant changes, especially since the onset of the COVID-19 pandemic in 2020.
Over 50% growth since COVID-19
The pandemic saw a surge in demand for properties in regional and coastal areas as more people sought a lifestyle change away from crowded cities. Cabarita, with its natural beauty and appealing location, became a real estate hotspot, resulting in over 50% growth in property values since 2020.Strong surge of buyers and sellers at the start of 2024
The beginning of 2024 has seen a renewed interest from both buyers and sellers in Cabarita. With the continued trend of remote work, many are looking to settle in regions like Cabarita, which offer a balanced lifestyle.Winter cool down with strong buyer demand
While there was a slight slowdown in the market during the winter, buyer demand remains robust. This is a testament to Cabarita's enduring appeal and the desire for many to invest in coastal properties, leading to a situation where demand consistently outstrips supply.Demand over supply
Despite the market cooling off a bit in winter, there’s still more demand than available properties. This dynamic is driving prices up and making Cabarita an increasingly attractive option for investors and homeowners alike.
To get in touch with Kurt, email kurt@roseandjones.com.au or call 0415 734 247.
