Sydney’s median property price is $1,156,020; Newcastle’s only $820,007. So Sydney buyers can get a lot more property for their dollar in Newcastle.
Upsizers get a LOT more for their money. Downsizers can sell in Sydney, buy in Newcastle and have cash left over.
First home buyers can enter the market years earlier in Newcastle than Sydney.
Investors can secure an asset that is more affordable than a comparable property in Sydney and has arguably greater potential – over the past decade, Newcastle’s median property price has grown faster than Sydney’s.
Newcastle has the largest coal port in the world; strong defence, health and tourism industries; and burgeoning manufacturing, tech and renewables sectors.
This kind of diversified economy will generate plenty of jobs for years to come and support a growing population. That, in turn, should put upwards pressure on property prices and rents.
Newcastle attracts a lot of Sydney escapees due to its superior work-life balance.
Newcastle offers shorter work commutes, less bustle and a more relaxed culture, while also boasting amazing lifestyle attractions, great job opportunities and plenty of amenity.
Newcastle is small enough to feel relaxed but large enough (it's Australia's seventh-largest city) to attract modern infrastructure.
The stadium hosts international sport, the entertainment facilities attract international performers and a $100m+ project is underway to create an international airport.
Furthermore, Newcastle Port is set to receive a new container terminal, the John Hunter Hospital is undergoing a $835m expansion and planning has begun for a high-speed rail connection to Sydney.
Newcastle Airport, located in Port Stephens, 15 kilometres north of the Newcastle CBD. Transitioning to International flights.
The Port of Newcastle is a major seaport and the world's largest coal port. It is made up of facilities located at Port Hunter - Yohaaba in the Hunter River estuary.
The John Hunter Hospital and John Hunter Children's Hospital provides 820 beds.
McDonald Jones Stadium is a multi-purpose sports stadium with a 33,000 seat capacity. The ground is home to the Newcastle Knights and Newcastle Jets FC.
As Newcastle property specialists, we can help you find the right property at the right price, whether you're an upsizer, downsizer, first home buyer or investor.
Our service is tailored to your unique needs, so you’ll get a property that matches your goals and budget. We can help you with:
Save time. Reduce your stress. And get a great result.
And go in the draw to win a $500 gift card
All people who enquire and participate in a discovery call go in the draw to win a $500 Gift Card at the 5-star Kingsley Hotel in Newcastle (see below for details)...
THIS OFFER EXPIRES 30TH NOVEMBER 2024
Everyone who participates in an initial discovery call goes into the draw for a $500 gift card at the Crystalbrook Kingsley in Newcastle. Drawn on the 1st December 2024.
Nigel Watts is a Newcastle local who's lived in many suburbs in the region and has a deep understanding of the Newcastle property market.
Residing in one of the Hunter’s most aspirational suburbs (Merewether*), Nigel is a buyer's agent, qualified property investment adviser (QPIA) and licensed real estate agent.
He is on the NSW Committee for the Property Investors Council of Australia and previously, he worked as an engineer and helped hundreds of organisations improve their construction valuation and estimation practises. Nigel's clients describe him as trustworthy, knowledgeable and focused on their best interests.
29% more for your property dollar based on CoreLogic published median data in May/June 2024. Aside from market data referenced by CoreLogic, any other reference to "Newcastle" or "the Hunter" is generic in nature and is generally representative of the wider Newcastle region including Newcastle itself, Lake Macquarie, Port Stephens, Maitland and the Hunter Valley. Some data regarding the Hunter region is obtained from hunter.org.au. Internal migration data is sourced from the Regional Movers Index report for the 12 months to end of March 2024 (from Regional Australia Institute). Newcastle’s median property price growing faster than Sydney’s over the past 10 years was based on SQM Research data on property asking prices for the 10 years to 6 August 2024. Newcastle ranking #9 on a list of the world’s most underrated travel destinations was sourced from https://tinyurl.com/znt8enpm. The Hunter Valley being the most popular day-trip destination for both domestic and international visitors was sourced from https://tinyurl.com/mrxpsuw6. Data showing that 98.2% of homeowners who sold their property in the March 2024 quarter did so for more than their original purchase price and the profit they made from this was sourced from CoreLogic https://www.corelogic.com.au/news-research/news/2024/profitability-reigns-as-property-gains-hit-14-year-high. Projected dwelling shortfall based on last 5-year region average of 5,241 approvals per annum (from ABS), less allowances for non-completions, and the target rate is based on Regional Australia's estimated population data for 2041. The Hunter Valley being the most popular day-trip destination for both domestic and international visitors was based on Tourism Research Australia data. Data also sourced from KPMG’s Enterprising Cities report from May 2024 and the Dmain article https://www.domain.com.au/news/why-merewether-is-one-of-the-hunter-regions-most-aspirational-suburbs-1306129/. Data is correct at time of publishing in July 2024, and we cannot vouch for the accuracy of third party data.
Only one enquiry per person. Entries valid only for people who enquire before 30 November 2024 and who then participate in a Zoom discovery call. We reserve the right to qualify people based on their willingness to participate in the video Zoom call and to fill in information prior to the Zoom call about their property goals. Winner notified 1 December 2024. The winner will receive a $500 Crystalbrook Kingsley Hotel gift card to put towards accommodation/meals.
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