Hi all. Well the latest NSW hotspotting report is out and my home town gets a mention( Nowra in the Shoalhaven) It has prospects but comes on the condition that many of the projected works must actually happen. Some are
Navy expansion with new training facitity ( Still happening)
Jail to the south being built ( Construction started)
Shaolin temple and residential development ( planning stage)
Shopping center expansion ( Unsure what stage?)
Entertainment center ( Built and operating)
Riverfront redevelpment ( early planning stage)
Cheaper housing
Also new infrastructure with
Kiama to bomaderry highway upgrade ( preferred route selected)
link road 92 connecting Canberra to nowra cuting travel time. ( 80% done)
One negative is high unemplyment compared to the state average although there is now shortage of work.
As stated by terry if some of these projects are completed then Nowra has real long term prospects.
I purchased here more because it was a market i knew well so i picked a property well positioned in the town but also because of the points mentioned above.
Has anyone seen the report and if so what are there thoughts on the area.
Navy expansion with new training facitity ( Still happening)
Jail to the south being built ( Construction started)
Shaolin temple and residential development ( planning stage)
Shopping center expansion ( Unsure what stage?)
Entertainment center ( Built and operating)
Riverfront redevelpment ( early planning stage)
Cheaper housing
Also new infrastructure with
Kiama to bomaderry highway upgrade ( preferred route selected)
link road 92 connecting Canberra to nowra cuting travel time. ( 80% done)
One negative is high unemplyment compared to the state average although there is now shortage of work.
As stated by terry if some of these projects are completed then Nowra has real long term prospects.
I purchased here more because it was a market i knew well so i picked a property well positioned in the town but also because of the points mentioned above.
Has anyone seen the report and if so what are there thoughts on the area.