Forget Byron Bay. This is the home of quiet luxury
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Forget Byron Bay. This is the home of quiet luxury

This little known pocket of paradise is attracting attention, for all the right reasons

By KANEBRIDGE NEWS
Wed, Apr 19, 2023 10:16amGrey Clock 2 min

Byron Bay may steal all the headlines but those in the know understand that, back from the beach, it’s the hinterland drawing the discerning buyers with deep pockets.

This property at 20 Wood Crescent sits on 2 acres at Coopers Shoot offers drop dead gorgeous views of undulating hills in a luxury environment.

Fittingly called The Retreat, the boomerang-shaped floorplan includes four bedrooms (one in a self-contained space on the lower ground floor), three bathrooms and multiple living spaces. Central to the design is the spacious open plan living area, with a well-appointed kitchen offering a commanding view of the generous alfresco space and heated infinity edge pool outside. The kitchen is kitted out with a Liebherr fridge/freezer, Miele oven and dishwasher and is serviced by a butler’s pantry with Zip tap, making it ideal for catering or quiet nights at home.

The property has everything you would expect from a luxury home, including a cinema room with surround sound Krix speakers and full HD Epson projector. The light-filled master suite offers views over the valley and includes a day-spa style ensuite, dual walk-in robes and direct access to the deck. An automated irrigation system takes care of the garden

But perhaps the greatest luxury for those with sustainability in mind are the renewable energy features, which include a generous 31kw solar system, 160 kw battery and Tesla charging station.

Just 10 minutes to beautiful Bangalow or central Byron Bay, you’re never far from the action. At the same time, Starlink internet and separate workshop and office spaces give you the option to work from home whenever the mood takes.

Quiet luxury indeed.

 

Address: 20 Wood Crescent, Coopers Shoot

Price guide: $12.5m – $15m

Closing date: Friday, May 12 5pm

Inspection: By appointment

Land size: 7442sqm

Agent: Nick Dunn, McGrath Byron Bay 0448 301 111



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Investor demand drives $155m in Sydney apartment block and townhouse sales

Strong rental fundamentals and tight supply have driven more than $155 million in Sydney apartment block and residential investment sales over the past year.

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Sydney’s residential investment market has recorded $155 million in apartment block and townhouse sales over 2025, underscoring continued investor confidence in rental-led assets despite broader economic uncertainty.

The transactions were completed by Knight Frank’s Investment Sales agents James Masselos and Adam Droubi, who negotiated 19 sales across Sydney during the year.

Residential investments accounted for 75 per cent of their total sales activity, supported by more than 4,200 active purchaser enquiries.

Co-living deal sets national benchmark

Among the standout transactions was the off-market sale of 142 Carillon Avenue in Newtown, a 37-studio co-living apartment block located close to the University of Sydney and Royal Prince Alfred Hospital.

The property sold for $21.5 million, setting a new benchmark for the living sectors market nationally.

The deal achieved approximately $581,000 per bedroom, believed to be one of the highest per-bedroom results recorded for a co-living asset in Australia.

Inner-city assets trade in one line

Other notable sales included a group of 12 townhouses at 108 Illawarra Road in Marrickville, sold in one line for $14 million, and a block of 20 studio apartments at 171 Rowntree Street in Birchgrove, which changed hands for $6.7 million.

Both transactions reflected strong buyer competition for well-located residential assets with established income streams.

Supply constraints underpin momentum

Mr Masselos said Sydney’s apartment block market continued to benefit from tight supply and strong rental conditions.

“Apartment blocks and broader residential investments remain a robust asset class, underpinned by strong rental growth, record low vacancy levels and scarcity of stock,” he said.

He added that more than $25 million worth of residential investment opportunities are expected to come to market in 2026, with buyer enquiry remaining elevated.

Mr Droubi said competitive sales campaigns had become a feature of the market as investors sought secure income and long-term value.

“Supply constraints and ongoing population growth underpin market strength,” he said. “New approvals and completions lag demand, keeping stock tight and boosting both rents and prices.”

Vacancy rates keep pressure on rents

According to Knight Frank, rental demand across Sydney remains intense, with vacancy rates well below typical “healthy” levels.

Many middle and outer-ring suburbs are recording vacancies of around 1.5 per cent or lower, maintaining upward pressure on rents and reinforcing the appeal of residential investment assets.

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