LAKE Joondalup is “a fantastic opportunity to tap in to”, according to property analyst and commentator Gavin Hegney.
He said waterfront properties were prime real estate and this could include Lake Joondalup.
“Lake Joondalup is about four times larger than Kings Park,” he said.
“What a great recreational amenity; it could be a showcased tourist destination.”
While also talking about real estate, Mr Hegney raised concerns of developers selling apartments that would remain unoccupied.
“There’s a difference between occupied density and unoccupied density,” he said.
“Unoccupied density is a disaster. Occupied density is vibrant.
“Sell apartments to someone who is going to occupy it; make sure there’s a clause.”