The 2026 Property Outlook: What the Summer Market Is Telling Us
As summer unfolds across the Northern Rivers, the local property market is showing encouraging signs of renewed confidence. Buyer interest is steady, lifestyle demand remains strong, and regional hubs like Ballina, Byron Bay, Alstonville and Lismore are each demonstrating their own version of resilience. The trends we’re seeing this summer offer a glimpse of what’s ahead for 2026 — and it’s looking promising.
After a few years of adjustment following rapid growth, the market appears to be settling into a more balanced rhythm. Well‑presented homes, realistically priced properties and those with income potential—such as dual‑living setups or granny flats—are attracting the most attention. Coastal and hinterland buyers alike are focused on quality, liveability and long‑term value rather than speculation.
Interest rates remain a key factor shaping buyer behaviour, but the sense of caution seen earlier in the year has eased. As confidence rebuilds, local agents are seeing more serious buyers re‑entering the market, ready to secure property before any potential shifts in 2026 lending conditions. For sellers, this means preparation and presentation are more important than ever—summer’s bright light and lush gardens create the perfect stage for standout listings.
Across the region, we’re also seeing continued migration from capital cities. Many buyers are still seeking a more balanced lifestyle, prioritising community, nature and space—all things the Northern Rivers delivers in abundance. Towns like Lennox Head, Alstonville and parts of Lismore are gaining momentum as buyers look beyond the Byron premium while staying close to the coast.
Recent data reinforces these observations: for example, in the broader Northern Rivers region, values rose by around 12% across 2024 as demand remained strong and supply remained tight. In highly sought‑after Lennox Head the median house value reached about $1.65 million (with growth at approximately 23%). Meanwhile, the median in Byron Bay hovered near $1.39 million (growth ~2%), and Ballina came in at around $971,000 for houses (growth ~6%). Days on market for properties in these hotspots remain competitive—Lennox Head around 60 days, Byron Bay about 52 days—highlighting that while prices are elevated, well‑priced and well‑presented homes are still finding buyers.
Looking ahead, the fundamentals of our region remain strong: steady population growth, increasing infrastructure investment and a deep appreciation for the relaxed yet connected lifestyle the Northern Rivers offers. With more buyers taking a long‑term view and sustainability becoming a focus, properties that combine comfort, efficiency and character are expected to lead the market into 2026.
At Katrina Beohm Real Estate, our team continues to see firsthand how adaptable and inspiring this region’s market can be. Whether you’re considering selling, investing, or simply planning your next move, this summer provides the perfect opportunity to take stock—and take advantage—of the evolving market.