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house purchase Cooma

Invest in Property in Cooma For Good Returns

Sales Agent at Cooma Real Estate Agency, Fisk & Nagle First Choice, Geoff Bowman reckons now is a great time to buy an investment property in Cooma.  With recent investment properties in Cooma being purchased for $140,000 and returning $255 per week in rental and another investment property purchased at $169,000 for a $240 per week rental return you have to take note!

Geoff Bowman Cooma  Geoff Bowman, Sales Agent.

Geoff says that investors from Canberra and Sydney are finding the property investment opportunities very appealing, and now is a busy time with many of them making their way to the snow fields and calling into Cooma to check out properties.  In fact there has been such a demand for property in Cooma for both investment properties and family homes that Geoff is looking to list more properties.  With prices ranging from the low $100,000s to high $400,000s in the town of Cooma together with a high demand for rental properties from workers moving to Cooma from Canberra and Sydney the opportunity to make a sound investment in real estate is very high.

The Fisk & Nagle First Choice Real Estate Agency office is now open on Saturdays. Potential purchasers visiting the region for weekends in the snowfields nearby can call in and view properties.   The outlying areas of Berridale, Delegate, Bombala and Numeralla are also popular, particularly with property purchasers from Canberra.  Recently two properties were sold in Numeralla, both in Collins Road – one was a modern home on 100 acres which sold for $399,000 and the other was a cottage style home on 20 acres which sold for $295,000.  To enquire about purchasing or listing property in Cooma and surrounds contact Geoff Bowman on 0264524043 or 1800 For Sale.

Real Estate Agents in Bega, Cooma, Eden, Merimbula and Tura Beach Welcome Upgrades

Fisk & Nagle First Choice Real Estate welcomes infrastructure upgrades to the region.  With Real Estate offices in Bega, Cooma, Eden, Merimbula and Tura Beach they fully appreciate the flow on effect to property values, real estate enquiry from purchasers and improved confidence for vendors the recent and upcoming upgrades to infrastructure create.

The recent State Budget delivered $169 million in funding to the Princes Highway for upgrades to this vital link between the far south coast and major cities such as Melbourne and Sydney.  The current upgrade to the Merimbula Airport that is still a work in progress at a cost of $5.7 million will ensure the continued safety of the runway and extra lighting will allow for low visibility departures allowing planes to take-off in fog.  The latest news on Sydney Airport is that regional airlines will continue to have access to the airport and reasonable pricing arrangements capped at CPI for the next three years.  This ensures continued services from Sydney by the current carrier, Rex Airlines to Merimbula Airport.

The new South East Regional Hospital in Bega, which is currently being built, has already had an impact on real estate enquiry in Bega, particularly for properties in the Glen Mia estate, which is situated opposite the hospital site. The Minister for Health Jillian Skinner MP has stated that the new hospital will meet the growing demand for health and hospital services in this thriving regional area and that the expansion of services that will be delivered will help attract and retain a highly skilled and motivated workforce.  Together with the $60 million Bega Bypass , the Member for Eden Monaro reports that there have been other upgrades in the region such as the Port of Eden development, upgrade of the Merimbula Jetty and an upgrade of the Merimbula Causeway.

Home owners and property investors alike can take heart at these infrastructure improvements and look forward to reaping the rewards. To list your property or enquire about purchasing a property in the area call 1800 For Sale.