Newcastle Property market boom FULL ARTICLE: http://www.domain.com.au/news/forget-sy ... 08-gsl0fb/Figures show strong growth forecast for Newcastle is already afoot. House prices increased 9.3 per cent in the year to September and 4.2 per cent over the quarter, according to the Domain Regional House Price Report. This is already stronger than Sydney and Melbourne’s latest house price results – up 2.1 per cent and 9.1 per cent over the year respectively.
“Newcastle, particularly, has excellent prospects and is getting strong rental returns at present and lots of infrastructure development happening in the city,” PropertyBuyer managing director Rich Harvey said.
Harvey has been actively buying homes in regional areas – predominantly Newcastle and Wollongong – expecting substantial growth in both.
more info: https://en.wikipedia.org/wiki/Newcastle ... outh_Wales
map of Newcastle district: Google Map