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  • Profile photo of npomfret86npomfret86
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    @npomfret86
    Join Date: 2013
    Post Count: 10

    Yeah thats exactly what put us off especially having no experience and at such an early stage of our PI career. Thanks Rusty!

    Profile photo of npomfret86npomfret86
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    @npomfret86
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    Now might be a good time to pick up a bargain with the Bypass creating uncertainty. Good luck I'd be interested to know how you go.

    Profile photo of npomfret86npomfret86
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    @npomfret86
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    Hi Rusty,

    We have currently moved our search a little further North to the Kiama/Gerringong area. We are looking at options to take advantage of the potential to holiday let in peak periods as we have options to stay elsewhere when we need to. Potentially an annoying way to live but will be a big help to us in saving for our first investment property. Were you able to come to a conclusion on what you think the bypass will do to the properties you looked at? Were they in town?

    Thanks for your suggestion Don!

    Nathan

    Profile photo of npomfret86npomfret86
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    @npomfret86
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    Hi Rusty,

    Thanks for the update, the video is very clear now! We were looking in the Huntingdale park estate which will be effected by the bypass for sure. We have decided not to take the risk as we are not sure how long we would be staying and it is too large a risk for our first property. It is a shame though as you say some of the blocks are quite reasonably priced.

    You are still living in the area then? Have you done much property investing in the local area?

    Profile photo of npomfret86npomfret86
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    @npomfret86
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    Yeah seems as though it is a difficult one to judge. I'd say there is a reasonable chance some of the local business will suffer from the lack of passing traffic, It will still be a nice spot to stop on your way through however a lot of people wont bother leaving the highway. Thanks for your advice guys I think I will stay away but watch with interest.

    Profile photo of npomfret86npomfret86
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    @npomfret86
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    I am also interested in this material. Did you have any luck?

    Profile photo of npomfret86npomfret86
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    @npomfret86
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    Thanks very much for your suggestions. 

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