Million dollar Yamba

"CASHED-UP investors are driving a coastal property boom the likes of which has not been seen before, but traditional hotspots are missing out, as buyers demand value as well as a view.---------

In Yamba, four hours' drive south of Brisbane and eight hours north of Sydney, agent Mike Macqueen said good blocks of land were still available for under $1million, but beachfront land would cost more.

"The big difference now is we're getting a lot of investors from the Gold Coast coming into the area," said Mr Macqueen.

"There's nothing much left in Byron Bay and the area around there, so they're coming that bit further down."

The Australian yesterday:
 http://www.theaustralian.news.com.au/story/0,25197,23015416-5010800,00.html

 

I don't think it would take this article in The Australian to make longtime Yamba residents aware of the fact that out-of-town developers are eating up available land and leaving little for ordinary people wanting a family home.

Yamba is all but surrounded on all four sides by ocean, river and lake. With available vacant land fast disappearing, this white shoe brigade from north of the border are pushing hard to overdevelop 

their speculative lots. 

Clarence Valley shire councillors seem to be doing the bare minimum to protect this small coastal town.