I have been advised to invest in a 2 bedroom apartment at Wentworth Point, but dont realy know much about the area. Any1 from these forums live there? or know of the area? has it a high growth potential? Is the demands on the road network too much on Hill Rd and surrounding with all the new developments? any info greatly appreciated
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property investment at Wentworth Pnt?
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If you want to make some serious cash invest in Mudgee now, furnished 3 bedroom home rents @ $800 a week. house are selling fast agents are screaming out for rentals and places for sale. resourses boom has big things on the go,Coal silver and gold mines 4 existing mines and another 5 to 7 yet to open.. population set to grow by more than 7000 in the next 3 years.
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Do not participate in the great ossie property bust.
You will be in negative equity within the year.
Study this forum http://bubblepedia.net.au/tiki-index.php
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Originally posted by rob1crap View PostIf you want to make some serious cash invest in Mudgee now, furnished 3 bedroom home rents @ $800 a week. house are selling fast agents are screaming out for rentals and places for sale. resourses boom has big things on the go,Coal silver and gold mines 4 existing mines and another 5 to 7 yet to open.. population set to grow by more than 7000 in the next 3 years.
IMO investing in property in a mining town at both the height of the mining boom and height of the housing boom is a very dangerous idea. It would explain why there are currently 300 properties for sale in Mudgee.
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Originally posted by dice View PostIMO investing in property in a mining town at both the height of the mining boom and height of the housing boom is a very dangerous idea. It would explain why there are currently 300 properties for sale in Mudgee.
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Originally posted by rob1crap View PostGherkins are limited so get in quick!
I expect I shall be getting the 1st shout???
You bring the Gherkins, they go well with the Turk, cluck cluck.
The FlogPen .
You know it makes sense.
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Originally posted by Assyrian_Pimp View PostI have been advised to invest in a 2 bedroom apartment at Wentworth Point, but dont realy know much about the area. Any1 from these forums live there? or know of the area? has it a high growth potential? Is the demands on the road network too much on Hill Rd and surrounding with all the new developments? any info greatly appreciated
You cant swim jetski or water ski in the waters. You cant fish because the water still is contaminated to a degree. And you need a car because it is isolated, especially after about 10pm.
Do I think you would get a tenant if you brought their? Yes
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Originally posted by stsae View PostI shall call thru your hometown one day in the future maaaaaaaate. Take the fam on the Aussie version of a Griswald adventure.
I expect I shall be getting the 1st shout???
You bring the Gherkins, they go well with the Turk, cluck cluck.
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