North West News

PROPERTY PRICES CONTINUE TO SOAR STATEWIDE

Property prices in the north-west continue to soar.

The average home in the region now costs $298,000 – a one percent increase on last month.

According to a recent Anglicare study, just 18 percent of local properties are affordable for people on the aged pension.

The pressure has had an overwhelming effect on local shelters, which are helping up to 300 people at a time.

Agents say the price hike is statewide, with coastal areas, including the Coffs Coast and Northern Rivers, seeing some of the heftiest increases.

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Isobella Evans

Isobella Evans is a journalist with NBN News in Newcastle. After discovering a love for writing in primary school, Bella went on to complete a Bachelor of Communication at the University of Newcastle in 2018. She enjoyed a series of internships, including a gig at the Royal Easter Show, before receiving a full-time position at NBN's Tamworth bureau, where she worked for almost three years before moving to the company's Newcastle office in 2021.

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