Connect with us

Local News

Strong lower north shore market lures investors back into property



No. 15 Commodore St in McMahons Point has sold.

The promise of strong capital growth, low interest rates and a buoyant rental market are luring investors back to the lower north shore.

This buying group has been relatively inactive in the market in recent years.

And this has presented a window of opportunity for first homebuyers, young families upsizing from apartments, as well as downsizers. as they have not had to compete with investors.

But it seems that window is closing.

MORE: Original Pittwater estate a historic trophy home

Beach cottage to change hands after 110 years

The top reported auction result of the week went to 15 Commodore St, McMahons Point – a freestanding four-bedroom home on 260sqm.

It was bought by an investor…

Click here to view the original article.

Continue Reading

You might also like ...

Paul McCartney’s English teacher didn’t discourage his pupil’s ‘obsession’ with …
Sydney man accused of raping woman after his school teacher partner pleaded guilty to sexually assaulting a student