Beach blocks on market for $200k

An aerial photo of Salt Village on the Tweed Coast.
An aerial photo of Salt Village on the Tweed Coast. CONTRIBUTED

PROPERTY sales have boomed in Salt this summer with more than $11 million turned over.

The surge in sales comes on the back of a receiver sale marketed by Ray Real Estate and Colliers International with some prices cut by more than 50%.

The creek side and beachside releases were made available over Christmas and New Year, the first land releases in Salt Village in almost five years.

"Salt Village is really a unique offering for those who want to secure a beach home at an affordable price," Ray Real Estate director Tom Ray said.

"The new creek side land release has made coastal living even more attainable for entry level purchasers."

Mr Ray said it was rare to find land close to the ocean in the $200,000 bracket.

"A number of our most recent buyers have been people who had visited Salt Village pre-GFC and decided that beachside property prices were beyond their reach but have now reconsidered," Mr Ray said.

Receivers were appointed to unsold land in Salt Village in March 2010 when Capital Finance, the Australian arm of the British Lloyds Banking Group, withdrew their support for the project.

Mr Ray said he expected the remaining lots to sell quickly.

Topics:  land salt

Hare Krishna candidate sick of red tape

CITY MEETS COUNTRY: Mathuranatha Das with Goura the bullock on the hustings trail at Tweed City.

IT'S not every day you see an ox wagon trot down the Tweed CBD

'Can do' attitude for candidate determined to get things done

Jayne Henry promoting her Taste of the Tweed Bicycle Tour earlier this year. With her at Fingal Head are participants Nicole Schiller, Kristy Chisholm, John Tindale and Ariana Were.

A zeal to get things done motivated Jayne Henry to run for council.

Liberal raises Tweed concerns in Sydney

James Owen (front left) meets the NSW parliamentary team.

Liberal team pay flying visit to NSW Parliament

Local Partners

Family's new arrival in face of tragedy

MEL Small had already gone into labour when she learned of the tragic fate of her sister Jodie Spears.

Barry Gibb is coming to Bluesfest 2017

FANS: Barry Gibb talks to a fan next to a cardboard cutout of his young self.

Aged 70, Gibb has re-launched his solo music career with a new album

Declan Kelly and the Rising Sun to shine bright at festival

Declan Kelly & The Rising Sun is one of the headlining acts at this year's festival.

Main stage set to pump with radiant reggae and dub vibes

Expert's talk on Olley's life is not to be missed

THE ARTIST: Artist Margaret Olley at the Tweed Regional Art Gallery in 2006.

RARE insight into the life of one of most cherished hoarders

Check out some fashions from the Coast festival

FASHION: Ocean Zen range.

Images from the Sunshine Coast Fashion Festival show what's hot

Australian Survivor's magician Matt out of tricks

Australian Survivor contestant Matt Tarrant.

SHOW'S power couple looks unstoppable in race to the finish.

Top floor teams take out The Block's terrace week

Kim and Chris pictured on their winning outdoor terrace in a scene from The Block.

RIVALS Kim and Chris and Julia and Sasha tie in final week of work.

Rick Price to play the basement

BACK: Rick Price plays The Arts Centre Gold Coast on November 3.

Returning to the Gold Coast

Bob Dylan slammed as 'arrogant' for Nobel silence

Nobel Prize winner Bob Dylan.

Singer the controversial winner of literature Nobel

Shannen Doherty reveals fear of dying in post on chemo

Actor Shannen Doherty shared this image of her lying in a hospital bed after a chemotherapy session.

Actor has been fighting cancer since 2015

Hinterland horse stud passed in for $8.25 million

UNREAL: This Maleny estate is incredible.

12-bedroom hinterland horse stud still available

Hit songwriter's Noosa mansion on market

SPECIAL PLACE: The Cintamani estate is going to tender, marketed by Tom Offermann Real Estate.

Is this Queensland's best property?

Kiwi siblings snap up Dotcom mansion for $32.5m

The new toy company owners of the Coatesville mansion want replace any controversy with positivity and fun. Photo / Barfoot and Thompson

The trio paid $32.5 million for the property in June

New $200 million development will create 580 jobs

Cassie And Josh with baby Alfie and daughter Andee. They have bought at new Lennox Head development Epiq.

Majority of new positions will be given to Northern Rivers locals

Cherrabah's mega resort plans axed

PLANS for a massive development at Cherrabah have been scrapped.

Dusit Thani finance crisis 'just a small hiccup'

ON TRACK: Springfield Land Chairman, Maha Sinnathamby, Ipswich Mayor Paul Pisasale, Developer Richard Turner and Springfield Land Deputy Chairman, Bob Sharpless, at the recent resort sod turning ceremony.

Property developer says project remains firmly on track