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To be honest I think the area is close to its peak. I would be waiting now, if you purchased in 2013 you would be sitting on some nice gains. Actually think prices are getting crazy, you would struggle to get a house in Shell Cove / flinders now for under $550-600k While all ex commission...

While its a couple years away the Nsw government has finally committed to building the Albion Park bypass. With the Gerrigong bypass and soon to be build berry bypass and rd improvements to bomaderry, it really shortens the travel time from Nowra to Wollongong ( guessing potentially 35-40 mins)...

Prices are going crazy in the gong especially around the shellharbour area, very basic houses now asking mid $300k to $400k range and anything new ( flinders / shellcove) is at least in the $500-$600k range even higher - Houses even selling in $600k to $800k range in those newer suburbs...

There are currently massive issues with the management of lake Illawarra, no one knows who is responsible for managing it. The NSW government has disbanded the Lake authority and replaced it with nothing thus Wollongong/shellharbour are unsure how the lake should be managed. Lots of...

Isn't it crazy that with a place like Canberra when there is so much land available , clearly viewable where ever you drive around Canberra that you have to pay at least high $400 to $500 k just to get a basic four bedroom house. There is something seriously wrong with the system.

Goulburn - you will get something very very nice for $500k I have done the goulburn to Canberra work/travel thing. Goulburn also has a pretty good community feel to it and I found facilities/services better then I expected them to be. The schools were good too ( private ones)

I spend a lot of time in the area: - I looked at moving to the area in 2010 and prices are cheaper now, even some houses/land I looked at back then were still on the market last year. - woolworths / aldi development still has not been completed yet it was meant to be completed back in 2010...

Long term reader of these forums I have pretty good knowledge of the area. Seems like anything priced right (in the under $500k) is selling but if it aren't it sits for a while. Shellharbour region is growing but also employment is struggling in the area. Lot of job cuts anong the coal mines...