Newcastle, NSW House & Land

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Location Overview

Newcastle appeals because many of its suburbs are affordable, relative to Sydney. It has also delivered consistent price growth in recent years. After some decline in 2009, prices grew solidly in many suburbs from 2010. The median house price for broader Newcastle put on double-digit growth in 2012 and has continued to grow since 2013.

Generally, Newcastle is regaurded as one of Australia’s most under-rated markets. It has strong prospects as an affordable alternative to Sydney, offering an attractive beach lifestyle, proximity to the Hunter Valley and to Port Stephens, plus solid job prospects.

Why Newcastle

  • Newcastle is the second largest city in New South Wales
  • The hunter region is currently facing a 16-17,000 housing shortage, estimated to blow out north of 30,000 over the next 4 years. Based on the rate of development maintaining the current rate is at now
  • Hunter express way-Total cost of$1.4 Billion dollars - $400 Million over budget. Not including the $1 Million feasibility study prior to commencement.
    This made the hunter and Maitland a more accessible and viable option for living. By providing easy access to key employment areas like the Newcastle CBD and Cardiff in under 30 minutes and easing traffic off other arterial roads
  • Maitland Shopping Centre is undergoing a $440+ Million Expansion to cater to the new demand and population growth
  • Brand new government funded Hospital being Built Excess of $450+ Million
  • Private hospital in Maitland region less than 15 minutes away from places like Cliftleigh and Gillieston, less than IO minutes from Thornton and 5 minutes from Raworth
  • Newcastle CBD is under going more than a $1 Billion in infrastructure upgrades
  • Newcastle Cruise Ship Terminal - Receiving $12.7
  • Newcastle Airport receives a new $12.7 Million terminal facility- transitions into an International Terminal
  • Newcastle hunter regions experienced on average 15.9% capital growth over the last 12 months - Core Logic

    Newcastle CBD undergoing $40 Million State funded revamp of 10 round-a-bout intersections - to improve traffic flow and travel time for new growth

The Development

This estate will be a vibrant community where lifestyle is paramount. Balanced street scapes connect seamlessly to the expansive open nature reserve as well as local amenity ensuring you have everything you need, right at your fingertips. This is a master-planned community development and designed to bring the balance of nature and lifestyle.

Example Property - 4 bed, 2 bath, DLUG

  • Full Turnkey Total Package Price from $485,000
    • Land size from 400m2 - Price from $234,00
    • Build size from 195m2 - Price from $286,000
  • Inclusions: Turn key
    • Stainless steel appliances
    • Dishwasher
    • A/C to living
    • Ducted heating
    • Builder landscaping

Property Description

Amenities

Transport

Developer

Expenses

Things to Consider

Disclaimer: The information provided in this document is subject to change and does not form part of an offer or contract. While every care has been taken in the preparation of the document and is accurate at the time of publication, Investo Property accepts no responsibility or liability for changes, errors or omissions. Photographs, illustrations, site plans and floor plans are for presentation purposes and are indicative only. Interested parties should not rely on it for their own circumstances. Investo Property always recommends that separate legal, insurance, tax, financial and other advice relevant to individuals should be sought in relation to purchasing a property. All information is subject to change without notice.