Oran Park - This is what over supply looks like

Discussion in 'Property Market Economics' started by Biz, 22nd May, 2017.

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  1. Biz

    Biz Well-Known Member

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    Biz, 22nd May, 2017
    #1
    Greyghost, highlighter, Tekoz and 6 others like this.
  2. BKRinvesting

    BKRinvesting Well-Known Member

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    Contrasting colour pilons
    Contrasting colour pilons
    Contrasting colour pilons
    *scroll scroll*
    Oh a kitchen!

    Contrasting colour pilons
    Contrasting colour pilons
     
    BKRinvesting, 22nd May, 2017
    #2
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  3. dabbler

    dabbler Well-Known Member

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    So, should I go get an OTP in Oran Park ? seems like a good rental demand area, like Logan ?

    PS many members saying Syd is just warming up.
     
    dabbler, 22nd May, 2017
    #3
  4. WestOz

    WestOz Well-Known Member

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    Like. Amarroo, Very disappointing they closed that track down, a lot of memories their as a kid watching my uncle race against Bond, Grice, Johnston, Moffit, and many others including Brocky
     
    WestOz, 22nd May, 2017
    #4
    TheJaxLee, datto, goodtimes and 1 other person like this.
  5. dabbler

    dabbler Well-Known Member

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    I was always thinking, who the hell wants to live at Oran Park, but we are showing our age....maybe.
     
    dabbler, 22nd May, 2017
    #5
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  6. Kis Kis

    Kis Kis Well-Known Member

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    my colleagues who bought in O Park are living there hapily. They are very happy being able to afford a nice new build home with very less price buying 4 yrs ago. They keep inviting others for parties and we feel ''wish we came to australia 2 yrs earlier''......thats our perspective
     
    Kis Kis, 2nd Jun, 2017
    #6
  7. dabbler

    dabbler Well-Known Member

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    It is a long way from anywhere......it will come good long term, but a new house is not the only req for me, for home or IP
     
    dabbler, 2nd Jun, 2017
    #7
  8. Trainee

    Trainee Well-Known Member

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    Someone bought THERE for investment????
     
    Trainee, 2nd Jun, 2017
    #8
  9. wombat777

    wombat777 Well-Known Member

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    You pilleried the area!
     
    wombat777, 2nd Jun, 2017
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  10. Ted Varrick

    Ted Varrick Well-Known Member

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    Biz, don't want to state the bleeding obvious, but if you have 64 places to rent in Oran Park then it's time to give the agent the boot.

    And maybe buy a copy of Just Cars and start marketing to all the car clubs.

    That rent will be pouring in in no time at all....
     
    Ted Varrick, 4th Jun, 2017
    #10
  11. Biz

    Biz Well-Known Member

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    Ted, please. Kindly leave the stage ------->
     
    Biz, 4th Jun, 2017
    #11
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  12. Ted Varrick

    Ted Varrick Well-Known Member

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    I hate it when I'm told to do that.

    Anybody want to hear a limerick about "There was a young man from Nantucket..." before I go?
     
    Ted Varrick, 4th Jun, 2017
    #12
  13. Depreciator

    Depreciator Well-Known Member

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    Oran Park was talked up before it was built as an innovative suburb in terms of layout and amenity. Not sure whether it has lived up to that. It's 60klms from the city, so I hope there are lots of jobs around there.
     
    Depreciator, 5th Jun, 2017
    #13
  14. WestOz

    WestOz Well-Known Member

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    I reckon it got more justification hype than it deserved due to protests of the track being closed
     
    WestOz, 5th Jun, 2017
    #14
  15. Big Daddy

    Big Daddy Well-Known Member

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    Yes and same brick too. Did one developer build them all?
     
    Big Daddy, 5th Jun, 2017
    #15
  16. Piston_Broke

    Piston_Broke Well-Known Member

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    I think I know the builder who did most of those lol...
     
    Piston_Broke, 5th Jun, 2017
    #16
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  17. Tekoz

    Tekoz Well-Known Member

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    Yes, one of my mate buy his PPoR there not as investment. It is very far from the Sydney CBD.
    But he reckon that it will become like the Sydney Northwest area in the next 10-15 years for sure.
     
    Tekoz, 5th Jun, 2017
    #17
  18. hash_investor

    hash_investor Well-Known Member

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    don't think so. the norwest will be even better at that time
     
    hash_investor, 5th Jun, 2017
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  19. sash

    sash Well-Known Member

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    No oversupply in Oran Park..it all apples....oh look little piggies are flying around..now nice.

    Back to Oran Park...it will double both in rents and price in the next 2 years....
     
    sash, 6th Jun, 2017
    #19
    Tekoz likes this.
  20. Biz

    Biz Well-Known Member

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    Biz, 23rd Jun, 2017
    #20
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