1300 38 66 34
An uncomplicated existence living in pristine coastal surrounds, is a dream held by many of us. You've worked hard in the city for years, watching your children grow up. Many of us now and in the future, will always be looking to escape the rat race.
There are holiday homes that cost just a fraction of the median Sydney house price, and with the sun and surf nearby, plenty of savvy investors and buyers are jumping at the chance of a bargain buy. They are not all just holiday homes either, some beach side areas have a highly competitive permanent rental market, with extremely low rental vacancy rates.
While an average house in suburban Sydney now costs over $1,000,616, the dream of living surf-side can set buyers back millions.
However up on the northern NSW coast there are several waterfront locations, like popular fishing and surf destination Evans Head, where rental vacancy runs at marginally over 1% and a brand new house on a large parcel of land close to the beach can still be snapped up for considerably less than
the median price of a fairly pokey city apartment in Sydney. (Sydney apartment median price is currently $686,078 - Domain House Price Report - June 2015)
Coastal properties have different dynamics compared to the metropolitan residential market. They often spend longer on the market, but may ultimately sell for more when they find the right niche buyer. Traditional property cycle seasonality is less evident when it comes to coastal real estate, with no clear periods where demand is stronger – so if you’re sitting pretty near the beach, any time is a good time.
Take a look at the example figures below - Is that the sort of detail you want and need to make the right decisons?
For full personalised and detailed reports - Call 1300 67 27 28 or register in the form on the right.
If you're serious about property investment and you're not talking to InvestorGroup, you're just talking.
