It's going to be a GOLDMINE !!I
have just been talking to my boss who told me he has just bought 2 more houses in Lake Munmorah which is situated up on the Northern part of the NSW Central Coast.
He works here in Sydney and travels up and down everyday to Lake Munmorah, says it takes him about 1.5 / 2 hours a day.
They have lake ,beach shopping centre and 1 hour drive to Hornsby.
Anyway he tells me that he knows they are building a Westfield up at Lake Munmorah and the area is way undervalued.AND a Railway Station .
Looking at prices most houses are still under 300k
Prices are going to skyrocket when this Westfields goes up I'm thinking and if families that can't afford to live in Sydney want to move up there it's only 1 hour from Hornsby and 90 minutes to Sydney City.
He bought a house for 250k and rents it for $300 a week , he says he will sell for over 300k in 2 years time.
I will head up there next weekend to check it out.. It's close to Tuggerah ,Budgewoi,toukley
I will knock on doors to talk to the residents there and ask if the area is going up in price.
Anyone investing in Lake Munmorah ?
have just been talking to my boss who told me he has just bought 2 more houses in Lake Munmorah which is situated up on the Northern part of the NSW Central Coast.
He works here in Sydney and travels up and down everyday to Lake Munmorah, says it takes him about 1.5 / 2 hours a day.
They have lake ,beach shopping centre and 1 hour drive to Hornsby.
Anyway he tells me that he knows they are building a Westfield up at Lake Munmorah and the area is way undervalued.AND a Railway Station .
Looking at prices most houses are still under 300k
Prices are going to skyrocket when this Westfields goes up I'm thinking and if families that can't afford to live in Sydney want to move up there it's only 1 hour from Hornsby and 90 minutes to Sydney City.
He bought a house for 250k and rents it for $300 a week , he says he will sell for over 300k in 2 years time.
I will head up there next weekend to check it out.. It's close to Tuggerah ,Budgewoi,toukley
I will knock on doors to talk to the residents there and ask if the area is going up in price.
Anyone investing in Lake Munmorah ?
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