NSW Central Coast

[rockDr]

Hopefully, this will give some boost to Gosford unit and house prices.

Certainly won't be immediate but if it goes through will provide additional options for tertiary education bringing more students into the CBD.

This could actually prove to be a major catalyst for reviving the area.

If we get additional people into the city then all of a sudden the renewal projects of old shopping centres become viable.

On another note Gosford City Council take a vote tonight on the designs of the proposed Regional Performing Arts Centre.

If they agree on a design then will enter next stage which is to secure funding for the project.

http://www.ccrdc.nsw.gov.au/MajorProjects/RegionalPerformingArtsCentreandConservatorium.aspx

 

[Ideo]

If it goes ahead, I will be doing the planning and heritage for the winning PPA design, which is pretty good.

 

[china]

I notice some standard houses in Narara and Niagara park close to train station around the median suburb price of low to mid 300k are yielding 7%. These blocks are over 1100 m2 which means that they are large enough to consider potential future subdivision. These seem quite attractive for investment.

 

[rockDr]

I notice some standard houses in Narara and Niagara park close to train station around the median suburb price of low to mid 300k are yielding 7%. These blocks are over 1100 m2 which means that they are large enough to consider potential future subdivision. These seem quite attractive for investment.

Do you have the link for some of these China?

Cheers

 

[china]

Do you have the link for some of these China?

Cheers

What about this?

http://www.realestate.com.au/property-house-nsw-niagara+park-114566439

This must surely be a good rental yield. Any good tips for assessing dual occupany residential properties from an investor's view point ? I understand it is best to have separate electricity and water meterings and official council approvals.

 

[Scott No Mates]

Depending upon zoning etc, that site may have long term potential for multi-dwellings (you could possibly get away with a Sepp 5 if you look into it). Holding income and potential for 4+ villas if you redevelop with 2 bedder+open parking with a long term lease to one of the dept housing contracts.

 

[rockDr]

Link for media announcement from Newcastle Uni regarding the Kibbleplex site.

It looks like it will be an option for students to study pathways courses designed for bridging gap to help with entry into university. So doesn't say it will be a full blown campus.

But the fact that the development will go ahead and involvement from the Newcastle Uni is a great start.

http://www.newcastle.edu.au/newsroom/featured-news/gosford-expansion

 

[rockDr]

Finally we have started to see some development at West Gosford.

Article identifies which significant projects have been completed and the ones that will be started in the coming year.

Once we see a sustained revival of private investment this should spread to the Gosford CBD.

http://centralcoast.businessink.com...rcial-developments-hotting-up-at-west-gosford

 

[Ideo]

Finally we have started to see some development at West Gosford.

Article identifies which significant projects have been completed and the ones that will be started in the coming year.

Once we see a sustained revival of private investment this should spread to the Gosford CBD.

http://centralcoast.businessink.com...rcial-developments-hotting-up-at-west-gosford

Seriously out of date article.

Stage 1 of Riverside is complete, Stage 2 has started.

Construction of the new Bunnings has started

Audi dealership has closed down and owners in receivership.

 

[rockDr]

Seriously out of date article.

Stage 1 of Riverside is complete, Stage 2 has started.

Construction of the new Bunnings has started

Audi dealership has closed down and owners in receivership.

Old Bunnings is still open, construction has started on new Bunnings.

Not sure on date of article but can't be that old if they are talking about the Lowes development.

Construction wasn't even expected to even start on that until 4th qtr this year.

 

[rockDr]

If it goes ahead, I will be doing the planning and heritage for the winning PPA design, which is pretty good.

Hey Ideo, which design was the winning one do you know?

 

[rockDr]

Winning design here, Gosford City Council now seeking funding for the build. This is another step in the revitalisation of Gosford CBD.

http://m.dailytelegraph.com.au/news...seating-for-1000/story-fngr8h0p-1226704129632

 

[Ideo]

Winning design here, Gosford City Council now seeking funding for the build. This is another step in the revitalisation of Gosford CBD.

http://m.dailytelegraph.com.au/news...seating-for-1000/story-fngr8h0p-1226704129632

Yep. As I said, if it goes ahead, I will be doing planning/heritage on it.

The new bunnings on the old site behind officeworks has gone to a local construction company as well (Pluims) which is good.

 

[rockDr]

Browsing through some listings and saw a massive jump in demand in Niagara Park. Not sure what this spike is, other surrounding suburbs are still trending at similar levels but certainly not to the extreme of this one?

http://www.rs.realestate.com.au/cgi-bin/rsearch?a=sp&s=nsw&u=niagara park

 

[b simpson]

Browsing through some listings and saw a massive jump in demand in Niagara Park. Not sure what this spike is, other surrounding suburbs are still trending at similar levels but certainly not to the extreme of this one?

Chinas post above probably helped...

 

[rockDr]

Chinas post above probably helped...

Lol, yeah it must have! It has been high for a while, but then shot off the chart.

Those counts are calculated using individual IP addresses I believe, rather than hits on a page, is that correct?

Funny how one link can cause such a deviation in statistics. I wonder if this will now be flagged by API using the DSR calculations!

 

[china]

The agent in Niagara Park should probably give me a cut. But they are too busy these days to return phone calls - these properties up to the mid 300s returning 6-7% are selling like hot cakes.

 

[see_change]

So china

Which agent do you work for

And don't start talking about ........ until after I've finished buying there

Cliff

 

[strongy1986]

The agent in Niagara Park should probably give me a cut. But they are too busy these days to return phone calls - these properties up to the mid 300s returning 6-7% are selling like hot cakes.

China, 2000 posts and no investment properties ? Surely your taking the P1 double 5

 

[china]

Note pages 30-31 of this report.

http://www.htw.com.au/Downloads/Files/250-Month-in-Review-September-2013.pdf