Investment properties in Newcastle and the Hunter Region have massive money-making potential, according to the real estate investment experts at HotSpotting.com.au. The site just named the New South Wales area north of Sydney its number one power region in the country.

Some of the area’s best performers, according to HotSpotting.com.au’s latest Price Predictor Index, including Edgeworth, Medowie, Mayfield, Muswellbrook, Rutherford, and Singleton, which were all named in the nation’s top 50 “supercharged suburbs.” However, other suburbs in the region are also attractive due to their close proximity to major cities, strong local economies, and recent infrastructure investment. Most suburbs in Newcastle and the Hunter have seen significant sales increases for houses and units and strong growth over several consecutive quarters.

“The City of Newcastle has had very strong price growth (many suburbs have risen 20 percent or more in the past 12 months),” HotSpotting.com.au’s report notes. “Now the momentum has shifted to Lake Macquarie and locations in the nearby Hunter Region (including Maitland, Cessnock, Singleton, and Muswellbrook).”

Terry Ryder, HotSpotting.com.au’s creator, and property expert believes Sydney’s affordability crisis is driving the property market in Newcastle and the Hunter.

“Booms can only go on for so long until affordability eventually becomes a factor and the buying demand that’s within the market becomes exhausted,” he explained to news.com.au. “Then you have measures from various authorities to take the heat out of the market and these things conspire to bring the up cycle to an end. It can only go on for so long.”

“Regional yields are much better than the cities, so there’s a good prospect for growth,” he added. “The buying price is a lot better, so we call it a win-win for buyers.”

Chase Edwards is proud to be a part of the Newcastle community. While we now have offices throughout New South Wales and Queensland, our story started right here in the Hunter. That gives us a unique insight into the property market in the Newcastle and Hunter Region. Call our Swansea office on 1300 854 833 to learn more about how we can make your dreams of building a property investment portfolio in Newcastle or the Hunter Valley come true.