I’m noticing a shift towards the South Coast. The region seems undervalued and I definately see future growth. Anyone agree? North coast of NSW seems to be losing its appeal to the investor.
Hi yorker
i think recoveryman is the one to talk about this one, he’s the expert here.
where are you recoveryman ????
i’ll PM him to answer the question.
It would be good to hear others comments also.regards westan
I live in New Zealand and for a fee find cash positive deals there, email me at [email protected] to join our database
Originally posted by Yorker:. The region seems undervalued
Depends on how you see the market. Had a client buy in Batemenas Bay last year, it was not cheap, and some of the little cottages around Jervis Bay made their owners millionaires (or close to it )just after the Seachange TV series.
Think it might have already been picked over.
Originally posted by gmh454:Originally posted by Yorker:. The region seems undervalued
Depends on how you see the market. Had a client buy in Batemenas Bay last year, it was not cheap, and some of the little cottages around Jervis Bay made their owners millionaires (or close to it )just after the Seachange TV series.
Think it might have already been picked over.
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i think gmh454 is right most of it has been picked.but their is still a few places that offer good bargains if you look.
Kayne
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Hi Westan
thanks for your mail, I was up at the snow 2 hours away door to snow
I live near Bega and Merimbula
all this area 2 hours south of Batemans Bay
had a massive increase in prices 2 years ago
I have not looked at anything for that time, but I am strictly postive cashflow man, but this area
is still a long way off from other coastal property prices
My best bet and the place I think still has some more increse in price is Eden
but there are areas you need to avoid
As I am retire (due to my postive cashflow PI)
I can look around if someone has a PI that they are interested in or better still come down
you might like the place so much that you move here
Glenn“I should be content to look at a mountain for what it is and not as a comment on my life” D. Ignatow
Just returned from the South Coast. Looked at properties from Bateman’s Bay to Broulee. Some great spots.
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