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photo of kimOne of the most common questions from home buyers is – “how will the Sandhurst market perform into the future ?”

Sandhurst is now into its 11th year and has become a much more established and well known residential destination. With any new project, it takes time for many home buyers to feel confident that they will see long term growth in property values and that the features and benefits that have been built by the developer will still be in place into the future.

There is also the sense that, while the development company is still selling land, property values are in some way held back because people can always just buy land and build.

Sandhurst Club is now reaching maturity. All but a handful of lots have now been sold and the special features that make Sandhurst such an attractive residential precinct are more obvious to all.

The location is second to none with Eastlink providing a relaxed drive into the City and to the Eastern and Northern suburbs. The Frankston Bypass is well progressed and a number of regional initiatives including major trucking and warehousing interchange at Dandenong South, upgrading of Westernport as a future replacement for the crowded docks at Port Melbourne and activity in South Gippsland with offshore gas and the Wonthaggi Desalination plant mean that Sandhurst is ideally situated as a quality residential precinct in a very central location.

2012 has commenced more confidentially and there are prospects of further reductions in interest rates which won’t do us any harm

As I’ve already said, we don’t expect boom conditions by any means this year, but we expect to see many more families considering Sandhurst as their home into the future and with increased demand and a shortage of supply, the future looks positive.

Kim Ward, Director, Sandhurst Residential Real Estate

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