NSW Heathcote

Discussion in 'Where to Buy' started by Stoffo, 27th Jul, 2016.

Join Australia's most dynamic and respected property investment community
Tags:
  1. Stoffo

    Stoffo Well-Known Member

    Joined:
    14th Jul, 2016
    Posts:
    704
    Location:
    Sydney
    What do people think of Heathcote ?
    It is hemmed in by the national park, so this limits urban sprawl, will it become sought after ?
    Engadine has gone through a good growth spirt recently, do you think it will flow on to Heathcote ?
    Thoughts :)
     
  2. Stoffo

    Stoffo Well-Known Member

    Joined:
    14th Jul, 2016
    Posts:
    704
    Location:
    Sydney
    I should have made this a poll....

    "Who has second guessed their IP purchase" ??

    Yes, have bought in Heathcote and am now wondering if i was out of my mind at the time :oops:
     
  3. larrylarry

    larrylarry Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    4,485
    Location:
    Sydney
    @BuyersAgent may be able to contribute to this discussion.
     
  4. marty998

    marty998 Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    196
    Location:
    Sydney
    I know the area well :) Engadine/Heathcote is a beautiful spot.

    Can't believe how prices have taken off... a million or more for a house in Engadine seems unfathomable but people are paying it.
     
    alexm and larrylarry like this.
  5. BuyersAgent

    BuyersAgent Well-Known Member Business Member

    Joined:
    19th Jun, 2015
    Posts:
    551
    Location:
    Oz
    I grew up in the shire and have family in Heathcote. In many ways it is lovely. If I were to go back to Sydney it would be on my shortlist. You get to feel less squashed by city madness due to the bushy outlook. Prices are high already now so I don't think its for bargain hunters.
     
    Stoffo likes this.
  6. marty998

    marty998 Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    196
    Location:
    Sydney
    Bit of a fight on now with the Heathcote Hall re-development... some dodgy dealings between the local Liberal State members and the developers.

    Not a fan of high rise developments in the area but developers seem to be getting their way. First in Engadine with several 5 storey blocks and now it seems Heathcote too.

    Sad to see it, totally out of character with the area. We don't suffer from terrible traffic and congestion, air pollution etc. A few more big blocks and we will.
     
  7. BuyersAgent

    BuyersAgent Well-Known Member Business Member

    Joined:
    19th Jun, 2015
    Posts:
    551
    Location:
    Oz
    @Stoffo did you end up keeping the house? Are you happy or sad that you did/didn't?
     
    Stoffo likes this.
  8. Ricflair

    Ricflair Member

    Joined:
    2nd Jul, 2015
    Posts:
    23
    Location:
    QLD
    The F6 extension should add some value shouldn't it.

    I sold out if Engadine 2013, but always thought the F6 would be great for that end of town
     
    Il Falco likes this.
  9. Il Falco

    Il Falco Well-Known Member

    Joined:
    8th Jan, 2017
    Posts:
    650
    Location:
    NSW
    F6 will be killer for Eastern parts of the shire as well. I see Cronulla-Burraneer-Port Hacking-Lilli Pilli-Caringbah South being big beneficiaries.
     
  10. Jjjb

    Jjjb Active Member

    Joined:
    18th Oct, 2017
    Posts:
    27
    Location:
    Sydney
    When is the f6 start and finish date? Didn’t think anything on it was definite
     
  11. Stoffo

    Stoffo Well-Known Member

    Joined:
    14th Jul, 2016
    Posts:
    704
    Location:
    Sydney
    YES, that is a big YES :D
    It was an OTP apartment, Horizon Heathcote
    Spent extra on having timber look tiles installed through most of the living area's ;) (and other extra's)
    Current estimate is $900-930k o_O (up $150k+)

    The F6 wont start for some time, when it is close to finished there will be a For Sale sign out the front :p

    Driving thru Kirrawee/past the old brickworks/now South Village is a poo fight at any time of the day :confused:
    The F6 should have been build 20 years ago :rolleyes:

    Top floor v 20171120_110943.jpg iew from master
     
  12. Stoffo

    Stoffo Well-Known Member

    Joined:
    14th Jul, 2016
    Posts:
    704
    Location:
    Sydney
    The F6 Southern Freeway was first touted in 1938 when the Metropolitan Planning Committee began assessing the existing Main Roads systems in the Sydney and Wollongong areas. However, due to the war efforts, planning was halted in 1939 and a fresh start made in 1943
    STILL WAITING :(
     
  13. Il Falco

    Il Falco Well-Known Member

    Joined:
    8th Jan, 2017
    Posts:
    650
    Location:
    NSW
    Stage 1 tunnel commence 2019. As to the second part of your question.......
     
  14. BuyersAgent

    BuyersAgent Well-Known Member Business Member

    Joined:
    19th Jun, 2015
    Posts:
    551
    Location:
    Oz
    Agreed - as a shire boy who left I consider myself part of the solution - me, my kids and my 2 cars haven't done the daily drive past the brickworks for 10 yrs and we are very happy about that! I remind my many friends and family that they can, in fact, relocate at any time when they complain (like is about to happen over Christmas lunch for example). I remind them that where I live has better beaches, 1 traffic light and slow traffic for 6-8 weeks of the yr then its great all yr. Status Quo Bias kicks in for them most of the time and they list reasons they can't leave. It's a fun game to play.

    PS I am super glad you were happy with the decision you made and its a lovely outlook. Glad you made some $ too.
     
    Stoffo likes this.
  15. Jjjb

    Jjjb Active Member

    Joined:
    18th Oct, 2017
    Posts:
    27
    Location:
    Sydney
    Once that brick pit development is complete it will even more ridiculous, pritty sure there’s like 700 apartments going in
     
    Stoffo likes this.
  16. Stoffo

    Stoffo Well-Known Member

    Joined:
    14th Jul, 2016
    Posts:
    704
    Location:
    Sydney
    740/760 in "stage one" :eek:
    The old industrial units behind it will be part of another stage :confused: :oops:
    A town within a suburb within a cityo_O
     
  17. Jjjb

    Jjjb Active Member

    Joined:
    18th Oct, 2017
    Posts:
    27
    Location:
    Sydney
    What a joke ! Drive it most days.