(Sydney) Is Bella Vista riding this wave?

4

4future

Hi,

My observation is properties on community tile in Bella Vista (not Waters) close to future station are pricing up dramatically and sell well. Free standing houses away from the station or close to Seven Hill road seem not performing as impressive.

Any comments or different observation?
 
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Hills district generally has better demographics and schools than Western Sydney. So as Western Sydney booms, Hills District also boomed as well.
 
I live in Bella Vista and have been closing watching the market for a number of years.
Some houses have doubled in 4 years 600k to 1.2M!
Note that rental yield is lagging far behind. Noticed quite a few
Vacant places with lease sign for over 3 months.
So depends what you want out of it.
 
Hoju said:
I live in Bella Vista and have been closing watching the market for a number of years.
Some houses have doubled in 4 years 600k to 1.2M!
Note that rental yield is lagging far behind. Noticed quite a few
Vacant places with lease sign for over 3 months.
So depends what you want out of it.
Click to expand...

That could be said about pretty much all of sydney
 
It is crazy that 3 bed room or 4 bed room houses around linden way were sold at 1.1mil to1.25mil. They are on community tile. Some even have common walls. Owner are unlikely allowed to knock down ...

They are close to the future statio, true. They are in MP catchment, true. But 1.1mil to 1.25mil is really crazy...
 
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