3.6 out of 10

Eastpark Waters, Helensvale

-27.8834 153.34737
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Not great for
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Who lives here?
  • Professionals
  • Families with kids
  • Retirees

Reviews

2/5
2yrs+

"Helensvale hit hard by financial crisis"

I know Helensvale has had some of the highest number of mortgagee in possesion for suburbs in all of Australia. Now when you think about how hard some parts of the western suburbs were hit by the global meltdown why has Helensvale been hit so hard?

I believe the area has been over valued for some time and asking prices dont reflect reasonable prices in order for buyers to grab a bargain. Having said that there may still be a few mortgagee sales and maybe now people are very desperate.
Recommended for
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  • Families with kids
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