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Ahhh....very true. Same for Woy Woy and Ettalong.

The Woy Woy peninsula (which includes Umina) has gone slightly backwards in price since the peak of 2003. Where else could you buy a 2br house on about 400 sq, 90 minutes from Australias largestcity and 10 min walk to the beach for for about $290k? That is the bottom of the house market but...