Hello,
What is the story with Umina Beach NSW and surrounding areas? The following points I have found:
-Geographically it's a beautiful area surrounded by 2 National parks
-has numerous never-ending glorious surf beaches
– located close to the Hawkesbury River waterways not to mention Broken Bay itself which joins on to Pittwater – the home to the upmarket "Northern Beaches" (Palm Beach, Avalon etc)
– next door to exclusive areas of Pearl Beach and Patonga
– variet of schools and shops in the area
– has a train line direct to Sydney as well as Newcastle (Woy Woy Station)
– close to the freeway direct to Sydney (and north)
– has a ferry operating from Ettalong to Palm Beach and other areas of Pittwater
– close to CBD of Gosford including hospital
-proposed commercial ferry from Ettalong to Sydney yet discussions held long term and plans never approvedYet the area looks run down (esp. Ettalong) and if I could use the word "rough??" Then consider this: 3 km away from Umina, you have Pearl Beach where modest old cottages start in the $800,000 bracket!
Housing is cheap (except Pearl Beach etc of course!) – WHY? – considering all of the above when it is an area relatively close to Sydney? WHY is the area so "neglected" when there is so much potential??
I don't understand it as the area does tick all the right boxes for investment.
Hoping to get some help on figuring this one out…Thanks..
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