A great myth in residential real estate is that you should only buy investment properties in capital cities because the regional centres can't match the big cities for capital growth. Wrong!!
Terry Ryder from hotspotting and The Property Observer has touted Maitland as one of the areas with big price growth yet to come.
Maitland's continued growth is supported by the massive investment in the Newcastle economy. Newcastle is a key regional centre for NSW, with upgrades to the CBD, transport infrastructure, Newcastle Airport International status, and Cruise ship terminal revitalisation.
All of these projects total well over $20 billion.
Maitland has it's own infrastructure revitalisation projects including the Stockland Green Hills shopping centre expansion to the tune of $412mil, and the new Maitland Hospital Precinct building works at Metford commenced this week.
So, this begs the question… Where is Maitland?
Maitland is to Newcastle like Parramatta is to Sydney.
Located on the banks of the Hunter River, 35 minutes to Newcastle Airport, right on the New England Highway, Maitland is also less than 15 minutes from the M1 Pacific Motorway, the M15 Hunter Expressway or the Newcastle Link Road. It also has it's own rail service. From Maitland you can easily access many parts of Newcastle, the Central Coast, Lake Macquarie, and Sydney.
Maitland is close to the Hunter Valley Vineyards, historical Morpeth, Hunter Valley Gardens and the Hunter Valley Zoo. Maitland Gaol is a key attraction, as is the Regional Art Gallery. There are many historic pubs that serve great meals, many café's to keep the coffee enthusiasts alert, and Maitland Park features a pool and an all-abilities playground.
As a real estate investor, you shouldn't be asking "Why Maitland?" - you should really be asking yourself…
Why not Maitland??
Call us or send us a message for more information on Maitland property investment.