Figures released recently show that Newcastle has been the fastest growing regional city for the past 2 years. But that's not all - quality properties in the area are around half the price of comparable properties in Sydney.
Newcastle has transformed into a desirable coastal location due to both its location and the major urban renewal projects being undertaken in the CBD and surrounds. With its location, growth and the property prices, it's no wonder investors are flocking to the area.
In the past, Newcastle prices have followed along with what Sydney is doing, however that is no longer the case. Newcastle has come into its own with the strong financial base coming from coal exports, tourism and retail, as well as the refurbishment of the city and surrounds, and it's close proximity to everything sea-changers and tree-changers desire.
All the more reason to invest in this area!!