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Have just signed the papers for the block in The Reef. They havent advertised it yet, other than in the local rag. A sales office will be going up soon and the billboard too, so I think The Reef will be exposed a lot more. Some people are actually buying two blocks in the The Reef…
Brian
Wayne
We went for a drive thru Ocean Lagoon on Sunday and we were amazed at the amount of housing there. Obviously I hadnt been up that way for a long time. How long ago did Ocean Lagoon start up, and what were the average prices at that time?
Also, does anyone know any information about the proposed shopping centre behind the sporting club, who is handling it and when would it be open.
Brian
We have just purchased a block at The Reef, primarily because one can sell the block without building, unlike Capricorn. Also , futures blocks at the reef are further away from the beach, so thought it best to get closer to two rocks road now.
As for future land being available, I look at Mandurah which is going berserk and there is so much land available.
Marmion Ave is expected to be at Yanchep sometime 2007, so when that happens the floodgates will open up to those who arent thinking about that far up. I remember when Hillarys was happening and everyone thought the blocks were expensive and so far away, and everyone made heaps.
Thoughts anyone?
Brian
Bassendean is a good solid area and will always go up, but the river side of Guildford road is the better side for future investment
Brian Bol
