Buyer's Guide to this Byron Bay Neighbourhood
Graham Dunn is blessed to live and own in Wategos and finds it pretty hard to wake up in the morning, put on the jug, have a cup of tea and walk a 100 meters or 50 metres to the beach, sit down and watch the perfect waves roll in and watch the sunrise over the most easterly point of Australia.
Eclectic mix of residents
It's an interesting little area established in about the mid 1960’s made up of 84 homes.
About a third of homes are owned by the original owners, that are still there, living permanently, a third owned by absentee landlords or owners, so investors that have them as holiday homes when they like and rent them out for the rest of the year and the other third is owned by high network folks that live here or use them as private weekenders.
You’ve got a real mix of people who have grown up here and people who have moved here, you’ve got some guys in the front row that are very high network individuals, very successful people in their own rights, all the way back to families that bought there in the 70’s - who scratched together $2,500 - $3,000 for a block of land and built a little old house and guess what they’re still sitting there, and they are sitting on a lot of money.
No new land releases
Wategos is actually surrounded totally by national park, so these 84 sites in that area is all it's ever going to be, the Lighthouse Road is the same I think 28 homes on Lighthouse Road and that's also surrounded by national parks.