Real Estate Institute of NSW visits Batemans Bay

REINSW will hold a networking even at Club Catalina on May 4.
REINSW will hold a networking even at Club Catalina on May 4.

The Real Estate Institute of NSW (REINSW) is bringing its annual Roadshow to Batemans Bay next Tuesday, May 4 and presents an opportunity for the community to learn about the state of the booming South Coast property market.

At a time when the local real estate market is experiencing a spike in demand as buyers from Sydney and elsewhere discover the area's charms, the peak body for the industry is coming to Batemans Bay next week to meet key local representatives and business people.

REINSW CEO Tim McKibbin, President Leanne Pilkington and industry experts will brief members and the local community on new developments in the industry, including a raft of current reforms which could change the real estate landscape forever.

The team will also be undertaking new training and education for REINSW members and seeking meetings with local stakeholders to discuss the future of the state's largest industry.

Mr McKibbin said real estate was a major economic and employment contributor and its importance as a local industry was growing rapidly.

"Batemans Bay as a place to call home is on more peoples' radar and the Eurobodalla region as a whole is experiencing considerable growth. PRD figures show the median house price of $569,000 as at December 2020 grew a substantial 10.5% over the previous year," he said.

"The number of transactions in the area was up a significant 14.1% for the same period. The pandemic has focused peoples' attention on key regional centres and with $192.2 million in new local projects in Eurobodalla commencing in 2021, the recent growth is expected to continue."

There will be a networking event at Club Catalina at 154 Beach Road, Batemans Bay, from 4pm.

This story Real estate roadshow hitting the Bay first appeared on Bay Post-Moruya Examiner.

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