Following the Christmas/New Year holidays, the NSW Reconstruction Authority (NSWRA) Resilient Homes Program (RHP) is set to ramp up its buyback auctions in early March.

Nearly 120 NSWRA buyback houses have been offered for sale since December 2024, with another ten to go under the hammer on March 3.

The last auction for 2025 drew a crowd of over 100 people attending the Lismore Heights Bowling Club, with 45 registered bidders.

On that early December evening, the cheapest house sold for $400 and the most expensive was $79,000.

Once again, there will be no reserve limit, so theoretically, a house could sell for $1.

The RHP funding ends in June 2027, so as the date approaches, conditions for buyers will change. When a buyback home is purchased, it has to be moved by the end of 2026.

This puts pressure on anyone bidding to secure their land before the auction or soon after as a successful bidder. A number of properties have been purchased as second dwellings on a rural property, but it is those who have been waiting for blocks to be released through the Resilient Lands Program that may be affected.

Crawford Road in East Lismore will start construction on Stage 1 of four stages, in the middle of 2026, with 10 blocks allocated to relocated buyback homes. North Lismore will be ready for people to relocate their houses in early 2027, and no one knows what is happening with the Mt Pleasant Estate in Goonellabah.

THE NSWRA has some thinking to do if it is to manage the relocation process well.

The first buyback auction is on Tuesday, March 3, at the Workers Sports Club in Goonellabah from 5:30pm, with a 6pm start.

Wal Murray & Co First National Real Estate is the nominated real estate agent.

There are two upcoming dates for inspections, they are on Tuesday, February 24 and Monday, March 3. The times are:

If you would like more information on any of the houses, click here.