Coast places? Yes, please

While the national property market has been rattled by the Reserve Bank's campaign of interest rates rises, but experts insist well-located properties with water views remain as safe as an investment in blue-chip shares.
The trick, as with most property investments, is to identify the right location, The Australian reports.
Coolangatta, where the median houses or flats price rose 31.1per cent last year. Mr Rivera said the town, left behind in the development of the rest of the Gold Coast, could grow further in the coming year. The southern part of the Gold Coast had become a focus for development to keep up with demand and growth for coastal properties.
The Pacific Motorway from Brisbane had made Coolangatta more accessible.
Over the past five years the median unit price in Broome had risen by an average of 26.1per cent a year. The northern West Australian port had benefited from burgeoning tourism.
Take care guys