The Hunter Valley offers great investment potential with elements such as housing shortage, next to no rental vacancies, infrastructure and employment growth. This was highlighted recently in an article in Property Observer.
Property expert Margaret Lomas, presenting at Melbourne's Home Buyer & Property Investor show, discussed the current position of the property market and pointed to regional areas as great investment opportunities.
“Some regional centre populations are growing faster than the national average. And there is a growing affluence as well in some of these locations,” she says.
In particular Hunter Valley suburbs were highlighted as hotspots within the NSW market..
"The outlook is better for NSW due to a housing shortage in many areas and tightening vacancy rates.
She picks Blacktown on the Sydney fringe as one of her NSW hotspots as well as locations in the Hunter Valley including Branxton, Singleton, Cessnock and Muswellbrook."
Read the full article here.