NSW Is it the right time to buy in Sydney?

Hey Gockie..thanks to @petewargent for the graph.

Living in the Blue Mountains for us is a lifestyle choice, not an investment choice. I would assume lower blue mountains may be a better investment due to its proximity to Parramatta and maybe Badgerys Creek one day but I dont know really enough about the demographics, current developments and other supply/demand variables to answer.

 

I agree. Even though Penrith is more of a "city", I'd go lower Blue Mountains over Penrith as I like nature and greenery. And the climate would be a touch better.

In fact, we had a frog in our garden yesterday too.... photo is on another device so I'd have to download it/copy it over. It was a cutie!

 

That might just be the smart frog that jumped out of the water feeling it heating up.

.....I can only guess that time will tell.

 

I dont see it stopping at the moment. I bought an IP over the weekend in Campbelltown.

 

Hi CA1985, congrats on your purchase! If you don't mind me asking, I'm also looking at purchasing an IP in Campbelltown - how many bedrooms and how much did you pick yours up for? Thanks!

 

Thanks mate.

I also bought a second during this time

First one 558k brick 570sqm 2 bedroom, large living room and large sunroom (1 can be turned into 3rd bedroom easily )

Second 540k 3 bedroom brick 558sqm. Second bought before it hit the market as I struck a good relationship on property 1.