BREATH TAKING VIEWS.  This three bedroom home with a double lock up garage has an open plan design with most rooms overlooking the lake.  It makes an excellent weekender or rental property and will enjoy strong capital gains as the nearby townhouses at Magenta Shores continue to soar in price.

The land is level, there is a colour bond fence, a low maintenance yard and a private driveway suitable for cars, caravans and boats.

This property was valued at $550,000 two years ago and , with the current upturn in property prices, should easily reach that figure again.

Tuggerawong is an area to watch.  House prices dropped by 25.4% in 2009, but unit prices rose by 73.4%.  An astute investor will take advantage of this temporary discrepancy.

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