Mount Druitt Short Of Real Estate Properties, Many Home Buyer Opportunists Turned Away!

It is sad to see  house prices on the market like so around Mount Druitt with advertising sale pitching  like this 'Offers Over $499,000'. This has all indications it is a 'Sellers market', these words provide discomfort to the important buyers.

A 'Buyers Market' would have the the advertising sales pitching as ' Negotiable' or 'ONO (On or near offer).

It is said that the buyer dictates the market of the property but basically the Real Estate Sales Agent has got commission in eyes and the more they push the market up, the harder it is for younger and eager home buyer opportunists, looking to start their own  home life.

In a short space of 3 years, in Mount Druitt unit prices have dramatically risen on the market substantially from $270,000- 2012 to currently as of 18/5/2015 to $330,000 - over 20 percent increase. Housing from $350,000 - 2012  to $525,000 - 18/5/2015 - over 40 percent increase.

So with 20 to 30 group of home owner opportunists looking at each property on average, especially with the affordable units in the heart of Mount Druitt, there is still that shortfall to keep up with the demand. I understand the Blacktown Local Environmental Plan of 2030 - is a mid-short term plan to look at median density housing around train station hubs that will raise the occupancy of  the area to the maximum. My summing up is we are not coping with accommodating with the demand of home buyer opportunists at present and while interest rates are low, the demand will maintain or increase. In our Mount Druitt economy we are stimulated by the housing/units trends

My prediction with Home Loan Interest rates increasing possibly next year, the initial demand of housing will flatten and possibly reduce. Yet the planners Mount Druitt need to look at the immediate 5 to 10 years allowing for especially the Mount Druitt Village area, to rise  to "Median Density' and then to the North of Mount Druitt!
 
We wait and see!



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Hot Spots For Property Now Hedersham, Before Mount Druitt And Whalan!

So this website was created from the idea that Mount Druitt and Whalan suburbs were property 'hot spots' were declared towards the end of last year. Tides can change,with purchase and demand in properties, within the area. There is always people moving on! Also people searching for cheaper cost effective properties in the lower end  of the Sydney Property market. 

Although, the lower end of the market has been rising, recently, it is changing the community with newer people enjoying the luxuries of the area: great range of shops at Plumpton and Westfield Mount Druitt, inclusive of suburbs with shops. Also Mount Druitt Library, Emerton Leisure Centre and Rooty Hill pool, public transport is getting better, some services need to be returned, a stronger police profile in the community is getting better as the number increases, plenty of parks and gardens getting upgraded to cater with the community engaging in these parks and gardens.

Now Hebersham is a property hot spot and is is situated near the middle of Mount Druitt area - central to many amenities. Check it out:

Hebersham Property Hot Spot - Daily Telegraph


Hot Spot Mount Druitt 2013 - Daily Telegraph


Property Browser Hot Spots Description of Mount Druitt, Whalan

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