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New Home Building and
Investment Property Tips and News

Housing is not meeting demand

28/1/2015

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A recent article in the Newcastle Herald highlighted the need for more housing to be built in order to cater for the growing population in the Hunter and Newcastle area.

"The reality is (housing development is) is still way down on what we actually need," Urban Taskforce Australia chief executive Chris Johnson. 

As the population continues to grow faster then expected, more housing and infrastructure is required and at a much faster rate. 

For those looking to build their first home in popular suburbs like Cameron Park, Appletree Grove Estate West Wallsend and recently announced Huntlee, now is the time. The same can be said for investors.  It will certainly take some time before supply outweighs demand.

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    Opinions expressed in this blog are personal opinions and are not to be taken as financial or investment advice.

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