All Topics / The Treasure Chest / Central Coast Area

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  • Profile photo of LawsieLawsie
    Member
    @lawsie
    Join Date: 2003
    Post Count: 0

    Hi,

    I’m looking at buying my 3rd property and have been studying the Central Coast area, specifically for its land value.

    However, I don’t seem to think that I can find a property in this area that will give me a good rental return or positive cash flow.

    Has anyone else investigated this area or bought an IP in this area ie. Tuggerah, Umina, Gosford[?]

    Thank you[:)]
    Lawsie

    Profile photo of ShookieShookie
    Participant
    @shookie
    Join Date: 2003
    Post Count: 2

    Hi Lawsie,

    Its a good question. I too have been looking around central coast and even a bit lower, say down to upper hawkesbury and i find it rather hard to believe that it is possible to positively gear any property around here (ie without wrapping. flipping and all the other tricks)
    I too would be interested in any input people have in this area.

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