Looking at the building websites, it appears that buying land at The Ponds is "the place to be". Land prices seem quite expensive for being out the back of Blacktown and there are lots of restrictions on building.
Is there anything I'm missing as to why everyone's building there or is it just a bit of hype and flavour of the month? I had considered building there about 6 months ago as the prices looked reasonable but have been turned off by having to camp out and the now hefty price increases on land prices.
Does anyone know if investors are buying there or is it mostly upgraders keeping up with the Joneses?
Is there anything I'm missing as to why everyone's building there or is it just a bit of hype and flavour of the month? I had considered building there about 6 months ago as the prices looked reasonable but have been turned off by having to camp out and the now hefty price increases on land prices.
Does anyone know if investors are buying there or is it mostly upgraders keeping up with the Joneses?