NSW Illawarra

Discussion in 'Where to Buy' started by Eztools, 22nd Aug, 2021.

Join Australia's most dynamic and respected property investment community
  1. Eztools

    Eztools Member

    Joined:
    15th Aug, 2021
    Posts:
    11
    Location:
    sydney
    There is an empty plot of land in dapto where a hospital is supposed to be built soon. I personally know the doctor who is developing the project and have seen a lot of the back ground work being put in as more investors are coming on board.

    I have very limited knowledge on property but would the construction of a massive hospital mean that there will be an increased in demand in property and increase in population as full time staff start to move to the illawarra area? Doctors, surgeons, nurses and other various medical professions and IT technicans would be among the people required to operate the hospital.

    Here are a few articles albeit not recent.

    Revival of $315m West Dapto health precinct after years of inactivity | Koala Invest
    Revival of $315m West Dapto health precinct after years of inactivity
     
  2. MB18

    MB18 Well-Known Member

    Joined:
    25th Sep, 2018
    Posts:
    1,408
    Location:
    NT
    Im not overly familar with the area but yes I would expect so. I think French's Forest in Sydney was a recent example.
     
  3. Nicho

    Nicho Active Member

    Joined:
    19th Jul, 2019
    Posts:
    26
    Location:
    Sydney
    My brother and his family have struggled for months to get a rental in this area. 20+ applicants on some places.