ANR Founder Says Those Living in Suburbs of Sydney or Melbourne Should Cash Their Houses In Now and Relocate to Regional Australia and Buy a House for 25–50% of the Price and Enjoy a Better Lifestyle
By Staff Reporter
ANR Founder says those living in suburbs of Sydney or Melbourne should cash there houses in now and re locate to regional Australia’s and buy a house for 25-50% of the price and enjoy a better lifestyle.
He went on to say, “I feel a price correction is coming for Sydney and Melbourne.
Regional Australia will boom which is good for Australia as we are to heavily urbanised, and thanks to the Globalists and their “Covid pandemic” that never was, many no longer trust big city living.
If people knew they can sell dumps in Sydney like the below for $1.9 and $2 million and then buy mansions in say coastal Central Queensland or North Queensland for like half that price and there are ample jobs and better living than they’d leave in a flash.”
The ANR Founder, who has accurately predicted the Australian and US Property markets for decades says the smart money now is on selling city property, now at close to its peak, and buying in regional and coastal Australia and if you can some acreage where you have fresh water and can grow your own food.
Below are 2 houses recently sold for record prices in Western Sydney
And two in Queensland for a lot less but much nicer
‘Couldn’t believe her eyes’: seller’s shock after her Mount Druitt property sells for $2m
This Mount Druitt house sold for $2m.
Western Sydney suburb Mount Druitt has recorded its first $2m house sale after a single level house opposite the local train station sold in a deal that shocked the seller.
The vendor was a mum of four who bought the property on Beames Ave as an investment for $369,000 in 2010 and rented it out for $400 per week.
Selling agent Sid Elias of LJ Hooker Colyton-St Clair said the seller couldn’t believe her eyes when she signed the contract of sale with $2m stamped across it.
Mount Druitt and its surrounding suburbs have historically been one of Sydney’s poorest regions and was the subject of a 2015 documentary titled Struggle Street.
Mr Elias said there had been huge interest in the 1290sqm property on Beames Ave due to zoning changes and the potential for redevelopment. About 60 buyer groups inspected the property in the lead up to the sale.
The block will be redeveloped.
“The future development of the area has created a lot of hype,” Mr Elias said. “(The property) is zoned R2 so you are able to put a childcare centre, duplex or commercial there, subject to council approval.”
The new purchaser is expected to develop the site. The block has 16.1m frontage, is 80.3m long and is close to Westfield Shopping Centre and major roads.
The sale beats the previous suburb price high of $1.92m paid for a property at 20 Derwent St in July this year, also sold by Mr Elias.
20 Derwent St, Mount Druitt sold in July for $1.92m
A neighbouring three-bedroom fibro home at 245 Beames St, on a larger 1702sqm block, fetched $1.3m a year ago.
Strong sales in Mount Druitt followed a string of new infrastructure improvements in the area.
The NSW government announced in May plans for a $1.49b redevelopment of the suburb to breathe new life into Western Sydney.
It was one of the first projects to have its assessment fast-tracked as part the Planning System Acceleration Program designed to keep the economy moving during the COVID-19 pandemic.
Demand in Western Sydney has remained strong even as the rest of the market has cooled
The revamping of Mount Druitt is expected to create an additional 2800 homes in the area as well as cafes, restaurants, retail outlets and commercial space in taller buildings.
Housing experts said the Mount Druitt area’s meteoric rise from a low socio-economic area to a property hot spot followed an influx of buyers from the inner west and northwest. These homebuyers were coming to the area seeking better value for money and the increased competition was driving up the prices.