Berowra Waters turns into highly coveted residential hotspot

1 min read

berowra-waters-turns-into-highly-coveted-residential-hotspot.jpg

A waterfront block is vacant at Coba Point in Berowra Waters and it has been put up for sale. The price is quite affordable at $320, 000. This is part of a stretch which is highly coveted by homebuyers including those who wish to get away from the hustle and bustle of city life. This is part of the mainland in Sydney but is only accessible by boat. However, this has not proved to be a deterrent for prospective homebuyers.

This zone is located on the Upper North Shore of Sydney and is one of the most property destinations for families. Online listings drew average viewing figures of 5, 441 over 3 years as per reports. This area is known as Berowra Creek but it is named Berowra Waters in popular parlance. The lower Hawkesbury region has limited waterfront land available and this has naturally scaled up demand.

Earlier, the area was majorly dominated by fishing shacks and oyster farms although premium and designer housing units are being built. Hemers Road Dural is the most popular street in the Hawkesbury/Baulkham Hills area and is followed by Kingscott Place, Castle hill. Coba Point has property across diverse price points with vacant lands being sold from anything around $300, 000 onwards and homes being sold up to $1.2 million. Currently there are only 35 properties available with their own telephone lines and mobile phone connectivity but sans sewerage or electricity. Power comes from generators/solar panels while homes have compost toilets or septic tanks. Buyers are attracted to the 15 minute distance away by boat from the city and easy connectivity to the train line and M1. Holiday home buyers, those looking to retire soon and professionals who wish to build their own homes and commute each day make up the buyer types in Coba Point, Berowra Waters.

Resident Editor