UGL enters joint venture with RailConnect for new Intercity Fleet | Logistics & Materials Handling Hi guys, Just wondering what your thoughts are regarding the effects this will have for the Central Coast in the short to medium term future? It seems a lot of people are already moving there, and this may just give that area an extra push? Are there still good buying opportunities in the Central Coast and has it taken off as much as Sydney? Cheers
Just another step closer to Sydney. It's been happening for ages now. Industries relocating along with sea change aspects for western Sydneysiders, it's a no brainer wth the price one can get in Syd to relocate to CCoast. Absolutely a positive for property on the C Coast.
Latest figures reveal Central Coast properties in hot demand for fast sales: No Cookies | Daily Telegraph
Close to Sydney, has train line and possible a future fast train and ferry from Ettalong beach to Sydney. It has big potential. Anything in postcode 2257 and 2260 worth a try. Rental yield is much higher than Sydney and can easily cover all your mortgage interests even capital repayment if you choose the right one. Also a good holiday place with beautiful landscape and beaches.
I have invested in central coast and used to be very upbeat about the area but slowly changing my mind. The main issue is that the area is full of 'entitlement mentality' sort of people who get in the way of every new project. Gosford ATO project is an example where half of the town is busy campaigning against jobs and growth coming to their suburbs because they would rather have an art centre than getting their house prices a big boost. It's not only central coast - it begins from Hornsby westfield and keeps getting worse further you go along pacific highway. May be central coast will eventually get on to gentrification train but its at least 20 years away.
