1 Cavvanbah StreetByron Bay NSW 2481
Property Details for 1 Cavvanbah St, Byron Bay
Last Listing description (July 2023)
Located in this prime, north facing beachfront location is this resort style property. The property can be used as your pavilion style home or holiday let for 365 days per year. The property is currently being used as a holiday accommodation with an approximate NET RETURN OF APPROX 7%. Sitting on a 662m2 block within an easy stroll to Byron Bay's main street and a few steps out the back gate to Main Beach. This is one of the highest yield investment properties you will find anywhere in the area.The approximate vacant land value alone for this property is $6m.
Fully fenced with electric gate entry, the 3 deluxe villas and 4th larger villa are freestanding, all have ensuites, private verandas and access to a luxurious pool and outdoor relaxation areas. Located in a quiet cul-de-sac yet so central to everything the Byron lifestyle has on offer.
Property History for 1 Cavvanbah St, Byron Bay, NSW 2481
- 08 Dec 2022Listed for Sale Contact Agent
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0About Byron Bay 2481
The size of Byron Bay is approximately 19.8 square kilometres. There are 13 parks, covering nearly 25.3% of the total area. The population of Byron Bay in 2016 was 5521 people. By 2021 the population was 6330 showing a population growth of 14.6% in the area during that time. The predominant age group in Byron Bay is 30-39 years. Households in Byron Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Byron Bay work in a professional occupation.In 2021, 55.20% of the homes in Byron Bay were owner-occupied compared with 57.30% in 2016.
Byron Bay has 5,991 properties. Over the last 5 years, Houses in Byron Bay have seen a -4.11% decrease in median value, while Units have seen a 12.11% increase. As at 31 July 2026:
- The median value for Houses in Byron Bay is $2,429,050 while the median value for Units is $1,336,173.
- Houses have a median rent of $1,350 while Units have a median rent of $900.
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