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Stanhope Gardens, NSW

Discussion in 'General Property Chat' started by Jennifer Duke, 14th Dec, 2015.

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  1. Jennifer Duke

    Jennifer Duke Well-Known Member

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    NSW » Sydney
    I hear rumours from agents that the froth is off the top and it's starting to slow down (quicker than other parts of Sydney).

    My sister is keen to buy (PPOR) but I don't know if there's any point in hurrying now... She wants a standalone house or villa (she currently rents locally and my cousins recently bought in the suburb too).

    Anyone know the area well?

    All insights much appreciated!
     
  2. wombat777

    wombat777 Well-Known Member Premium Member

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    Location:
    33°41'24.7"S 150°55'34.3"E
    Look into the infrastructure planning going on.

    An earlier thread of mine mentioned it.

    NSW - North West Growth Centre (NWGC) Road Network Strategy

    Logically railway will eventually be extended from Cudgegong Road towards the south.

    Watch out for flooding risks in Schofields / Riverstone and Marsden Park.

    Gotta dash. Boarding a flight to Nepal.
     
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  3. larrylarry

    larrylarry Well-Known Member

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    Have a great trip and we'll catch up in the new year. Stay safe.
     
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  4. BKRinvesting

    BKRinvesting Well-Known Member

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    Location:
    Blue Mountains, NSW
    I grew up in Schofields, never any flooding issues. Occasionally the feeder roads were closed due to flooding, however it never affected any of the houses in the area.
    Marsden park is a touch lower - therefore flooding may be more of a concern there.
     
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  5. kamchatsky

    kamchatsky Well-Known Member

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    A large part of Stanhope Gardens is part of community title which requires you to pay community fee per quarter. Obviously if you like using their swimming pools and tennis courts, that's fine. But if not I suggest you buy houses that are not in community title.

    areas that are within walking distance to new train station will do well.
     
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  6. Scott No Mates

    Scott No Mates Well-Known Member

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    You mustn't be that old @BKRinvesting - the last big flood out Riverstone/Richmond/Schofields was in the late 1980's. We had staff who had to come to the city via the Bells Line of Road to the Blue Mountains as they simply could not pass the other way.
     
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  7. BKRinvesting

    BKRinvesting Well-Known Member

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    Location:
    Blue Mountains, NSW
    Guilty...
    Timeline, milestones.

    Moved there around 2000
     
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  8. Kashmir

    Kashmir Well-Known Member

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    5th Aug, 2015
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    Location:
    Sydney, NSW
    I personally think prices in Stanhope are inflated pretty much like all other suburbs around the area (train line).
    Like someone posted earlier, if I had to, I would only buy the following in Stanhope
    - Close to the rail line (Around newbury) - Check the planning document.. some of the standalone houses around Newbury are going to be rezoned.. (well proposed!)
    - Standalone house (Not community titled)

    I suspect there will be bargains in the next few months.. however they may spike again closer to the end of 2016 when work starts at the Kellyville station.
     
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