‘Torture’ and ‘trauma’ of living in Noosa – the new Byron Bay

Photo credit: news.com.au

Article by Katerina Cosgrove, published on News.com.au

This stunning coastal town is “cheaper” than Byron, causing investors to buy in hordes. But the impact on locals has been described as “torture”.

For negative gearing property investors, Byron is overcrowded and overpriced. Now, speculators are looking further north for desirable locations.

The coastal town of Noosa has long been on the wealthy middle-class radar, but these same people are now buying up land in the untouched hinterland. So far, we don’t have the visible disparity of wealth present in Byron Bay. We aren’t yet inundated with Instagram influencers or Hollywood megastars. But it’s coming.

Investors are now looking at the place where I live. For them, the hinterland is still “cheap” by Byron and Sydney standards. And they’re already in my street.

It’s been more than a year that we’ve been living next door to an illegal Airbnb.

Noosa’s new Local Law for STA (short-stay accommodation), which came into effect this month, with its 24-hour hotline for affected residents to report noise, disruption and traffic issues, is not helping neighbours like us. We still wake to drunken parties, Covid breaches, car burnouts and used condoms spilling out of bins.

Read Katerina Cosgrove's full article at https://www.news.com.au/travel/australian-holidays/queensland/torture-and-trauma-of-living-in-noosa-the-new-byron-bay/news-story/552537c11c0c203555f9688a20636702