Yes it is, but i still feel the prices are cheaper in Jerilderie area and rather than rent for 3 years in construction phase you would think several people would buy a cheap house and on sell it rather than waste $10k a year on rent etc etc, To borrow $150k the repayments are $225 a week compared to rent , and think of the rise in value of the properties in these areas!!
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I know of a nice place in Oaklands coming on the market soon with a fully renowed weatherboard on 1/2 acre coming up, nice place, only talking $185k too, and its in the centre of town.
