Sydney heat turns southward

WHEN a house in Nowra recently sold for almost $150,000 above the reserve – 50 per cent above what the vendors were expecting – it confirmed what had been suspected for some time: that the heat from the Sydney property market was radiating southwards.

Even so, with the median Sydney house price just reaching $1 million there is no doubt that amount of money will buy a lot more on the South Coast.

While upward pressure is felt in the Kiama market, Eden has been identified as the place to go for stunning bargains.

Whether it’s a waterfront home or family house plus an investment property, you’ll get a whole more on the South Coast for the money you’ll spend in Sydney.