Burns Road

This development offers an ideal location and affordable investment opportunity. Located half way between Newcastle and Sydney and close proximity to public transport, the freeway, shops, schools and amenities. Buy off-the-plan and secure the property at today's prices and pay only the initial deposit until completion.

Address: 5 Burns Road Ourimbah NSW
Total lots in development: 15
Prices starting at: $329,950
Estimated Completion Date: June 2011
GeoCode: -33.3465826, 151.3718463
Facilities:

Ourimbah has been identified as one of the best future capital growth areas on the Central Coast. It is the home of the University of Newcastle, accommodating close to 11,000 students, a large percentage of whom choose to rent close to the campus, therefore producing a high rental yield due to the demand for rentals in that area.

The suburb of Ourimbah is ideally located within ten minutes of five local beaches. It is in close proximity of a variety of shopping areas including the major Westfield Shopping Centre Tuggerah. A range of sporting clubs and facilities are located nearby, as well as a good choice of schools, pre-schools and University campuses.

Census reported 29 % of home occupiers are private tenants in this area with demographic statistics showing a median age of 32. The Ourimbah Interchange provides fast and convenient access to both Newcastle and Sydney in just over an hour, therefore making the location ideal for commuters to live.

Changes in the governments new building stimulus means buying or building a new home before July 2012 provides new home buyers and retirees over 65 with no stamp duty on purchases up to $600,000 (conditions apply) making the development an enticing proposition and showing savings of up to $18,000 on new homes