Scott's Weekly Column

Exciting times ahead on Coffs Coast

What an exciting place the Coffs Coast will be for the next 10+ years!!

Tuesday nights budget announcement about funding for the long-awaited highway bypass and upgrades to the Coffs Harbour hospital will generate enormous economic benefit for the residents of the Coffs Coast. The benefits of infrastructure projects such as these flow through the whole local economy, create jobs, help small business and create opportunities for the entire community.

If you then add the enormous amounts of money private investment being poured into the region with projects such as the $120 million independent living and aged care facility about to commence at Park Beach, the proposed redevelopment of a number of key Jetty sites, major expansion of Moonee and Bonville residential areas, then its easy to see that the Coffs Coast will be a hive of activity in the years ahead.

All of this activity will have a positive effect on the local real estate market with demand for rental properties and real estate in general likely to grow at a steady rate for the next 5-10 years.

If you are a first-time investor or looking to add to your investment portfolio then the Coffs Coast is obviously going to be the market to buy into in the next few years.

We currently have several exciting new projects and existing properties perfectly suited to an investment strategy, just pick up the phone and talk to one of award winning agents today!

Have a great weekend!!