I tend to agree Disco. My nephew has been looking for an investment property in the Shoalwater Rockingham Beach area. Not much for sale and mostly the poor quality properties with faults eg bad retaining walls or busy roads. The good properties that are coming on are going quickly and for 10% to 20% more than 12 months ago. Rentals are very scarce with high numbers of quality applications for properties. Opening up after Feb 5th causing a fair bit of angst and fear but has to happen.
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