Sydney house shortage still continues from in 2019 with State Government acting
to increase supply of land in coming years.
This year has seen prices of off the Plan unit projects increase and most people
who purchased these off the plan units in Sydney metro at the start of the year,
will notice to buy simular units now that the prices have increased dramatically,
some by up to $100,000 for 2 bedroom units. This is about a 20% growth this year.
It’s has been reported that the market is slowing but only time will tell. However
sales are still continuing strong now.
Due to the high price of property in NSW population is moving interstate or looking
for more affordable property and better travel infrastructure.
The Central Coast 1.5hrs north of Sydney has new House and Land projects selling
from $440,000 for large 4 bedroom homes. Great Investment. Long term growth.
A large Chinese Developer will develop a $500m Chinese Culture Theme Park at Warnervale
on the Central Coast; also in same area Wyong Council is proposing a new Airport
for freight to start in 2020.
Sydney and Central Coast have attracted a large number of Chinese developers looking
internationally for good growth areas to invest, which include Country Gardens a
large Chinese development company.
Chinese investors have spent $2 Billion on property to fast track visa.
At least 436 high-wealth Chinese, and a sprinkling of Hong Kong, South African,
Japanese and Malay individuals promising to invest at least $5 million each in the
Australian economy have secured residential visas under the new Significant Investment
Click onto For Sale, Sydney House & Land turnkey Packages Fr $440k, now for
Act now while interest rates are lowest for some 50 years. Research is the key to investing Call Now Barry Ison or Jane Peng: 0413 666 298