Hi All,
I have read this forum and find it, along with similar ones most interesting. Just wondering if anyone had any opinion as to whether or no the Ralphs bay development will go ahead? I have my doubts but think, disregarding the visual impact on the bay, it would have to be not only good for the economy, but also for the surrounding, previously housing trust suburbs ie Rokeby.
Food for thought, and speculation as houses there start at $165k, with up to $235 rent return.Personally I Dont think it will go ahead – well not just yet anyhow, until the Walker corp convince the haters that it is a good idea.
Personally I like the idea as I think the area is gross, but it does need a lot of planning and some form of protection would be needed if these blocks were to shift in the future causing damage to the houses that they build there. But yeah, with Glebe Hill estate up the road, Rokeby and Clarendone Vale may be worth looking at in the next boom as the bogans sell up to make a profit and move to the outer suburbs – just like they have done with Mornington and Warrane which scrubbed up quite well after the last boom.
Dan.
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