nbr said...
Hi guys I just did a quick trip down to the south coast and was very impressed with the area. For me Sanctuary Point [Gerroa if money was no object] was the spot but was wondering if many sailors live there and why is it that the property prices are much lower than anywhere down there? Is there a problem with the area or meth labs in every street or the crime rate more than normal? I like the fact that from there it is not far to many other spots.
I worked with a guy that owned a place down there as a holiday place, and he said there were a few hassles with younger people in the area.
Visiting there over the years, it looked like the prices went up with the housing boom, and then a few years ago its as if everyone decided they can't afford what is an expensive holiday home, and the for sale signs went up. In my opinion, when things got a bit tight, people could no longer afford to have an expensive place that doesn't get much rent.