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Reviews

Point Cook

"Not much bang for your hard earned bucks"

Having lived there for over 3 years,Finally sold up & moved on...the body corp fees are a joke, you dont get much bang for your buck.."security" ??? Well i had to call them once at night and my call was answered by a very rude & gruff man who made me feel like i interrupted his nap.. Gardening/landscaping leaves a lot to be desired. Many people i came across who live there are 2 bob snobs. I got out just in the nick of time, lucky to sell our property for a lot more than it was worth, again people have this perception that SL is some magical placs just a facade. Our agent now tells us the prices have dropped around 10-12% . What a relief I am out of there. Save your hard earned $$ - I am saving $270 per month just in fees! There are so many nice areas in Pt Cook which are comparable, closer to amenities and a lot cheaper.

Not great for

  • Low Resale Values
  • Very High Fees
0
OlgaK

Re. the drop in house prices: that's happening around the country (and around the world for that matter).
Real estate prices fluctuate, that's pretty normal.
Our land alone in SL is valued at 500,000.00 by the council plus the house and their valuation is usually very much below the market prices.
I find the body corporate fees reasonable, especially considering four people in my household get access to the gym, pool and other amenities. I used to pay more just for a gym membership for two people so I think it's relative, if you don't use the gym and don't mind living somewhere else, then you will be saving a few hundred dollars a month.
It really depends what is valuable to each individual.
I absolutely love both SL and PC suburbs and, as others pointed out in their comments, we are becoming spoilt for choice and also looking forward to the Werribee South Marina and the new suburb Williams Landing to take off, the prices will skyrocket in both these areas. As yet they are still pretty much undiscovered but that's changing fast.
I predict average house prices in PC and SL are going to hit a million dollar mark in the next property boom.

The opinions expressed within this review are those of the individual and not those of Homely.com.au.
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