There is an oversupply everywhere atm
There are smaller markets within markets there is a reason I said I like from Toogoom to Eli waters.
There are approx 4 houses left under 300k in toogoom
4 bed 2 bathroom decent size etc the rest have been sold
I don't count the dixon homes as they are $301,000 to build,
not $275000 as the first advert would have you Believe until reading further.
They are 164 square metres,The established homes are closer to 200sqm or more.
In Eli waters.
There is 6 4 bedroom 2 bathroom houses
The established homes are closer to 200sqm or more
The other OTP or recently built are smaller.
I wouldn't call 10 homes that are the type that buyers in the market are looking for an oversupply...
however Hervey Bay as a whole has a over supply on the surface
Long term you'll do well and you can't buy anywhere else this close to the water for the same price quality and land size.
4 woolworths several schools direct flights to sydney melb etc the guy doing
The new development on the esplanade sure doesn't think Hervey Bay won't grow.... nor does the one trying to do the clean green university in Dundowran.
A Fraser Coast businessman is pushing to develop Australia’s first fully sustainable green university and residential community at Dundowran which would produce its own electricity and water, and treat its own sewerage. Dale Rowan, an electrical consultant and proprietor of Bayview Glass, has spent the past three years aligning himself with world-class sustainable energy experts, academics, engineers and investors for the project which he claims would make the Fraser Coast a world leader in renewable energy. His team of collaborators, including Gamma Power International director Chris Duffin, addressed council last week seeking in-kind support to develop plans for the sustainable community on 71 acres of privately-owned land surrounding Fraser Lakes Golf Course. “Our goal is to create Australia’s first self-sustained community 10 minutes from the heart of Hervey Bay which is powered by a one megawatt carbon free green power station,” Mr Rowan said. “As part of the proposal, which could be worth upwards of $70 million and create more than 200 jobs, is a specialist university campus with student accommodation to teach sustainable energy practices and technology to domestic and international students. “The backbone behind the development is being able to develop and exceed the amount of electricity required for the sustainable community through utilising the latest technologies in wind, solar and hydro power.” Mr Rowan said Ballina Shire Council had given in principle support for the sustainable community to be built on rural land however he wanted the Fraser Coast to be given first opportunity. “I want this project to be done locally.
http://issuu.com/herveybayindependentnewspaper/docs/hb_june17
This is no further then 1klm from just about every property most houses are closer.
