Is now the right time to invest in real estate?
I believe the answer is YES.
Why, you ask?
Tenant vacancy rates in Newcastle and the Hunter are down. Prices are realistic and the infrastructure is strong.
Mainstream news is mostly rehashed news based on major Capital City information and rarely focuses on the performance of regional NSW.
Buying now in the right location where prices are realistic, infrastructure is solid, rental return is good and vacancy rates are low is the secret to smart investment.
Where are these locations you ask?
Hotspotting's Terry Ryder on 19 November said “Demand in smaller capitals and solid regional markets will lead to property price growth:”
“Regional New South Wales, as I noted in an earlier column, has strong growth markets right across the state. In some, prices have already risen strongly in the past 6-12 months, while others have the potential for growth based on the current demand trends”.
Sasha Karen in Smart Property Investment (19/11/18) stated “The Hunter region saw vacancy rates decline by 0.3 of a percentage point to 1.6 per cent. Major Hunter city Newcastle saw a decline of 0.9 of a percentage point down to 1.8 per cent”.
If you wish to learn more on investments in the Hunter, email [email protected]