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About Newcastle

Today Newcastle, Australia's 7th largest city, is a vibrant and exicting place to live. Hailed as Ninth place in the Lonely Planet's top 10 cities globally, Newcastle is within 2 hours proximity to Sydney and is home to people of various cultures in all walks of life. Newcastle's population is almost 300,000 with a further almost 200,000 in Lake Macquarie.

Infrastructure

The $1.7 Billion Hunter Expressway has provided a more direct route for both commuters and frieght movement from Sydney or Newcastle to the Hunter Valley. Newcastle boasts the largest working harbour in Australia as well as the largest coal exporting harbour in the world. The harbour foreshore has now been opened up to the CBD since the termination of the heavy rail line making harbour front living being highly desirable. Under construction is a new legal precinct as well as a world first University flexible learning campus to cater for an additional 4000 students in the CBD.

The airport, located 20 minutes from the city, has undergone $15.4 Million in upgrades allowing for extra domestic routes such as Adelaide, Perth and Cairns and how now been declared "International Ready"

ANZAC memorial walk, a 450m walkway with spectacular 360 degree views across the ocean and city incorporates the family names of the 11,000 known men and women enlisted from the region.

Lifestyle

The Hunter Valley has been awarded Australia's best wine region in the 2015 Australian Traveller People's Choice awards.

Newcastle has World Class beaches with Surfest, the world's richest surfing competition being held at Newcastle beach on an annual basis.

Lake Macquarie is Australia's largest saltwater lake providing fishing and water activities as well as a relaxed lifestyle framed on the backdrop of the largest coal exporting harbour in the world.

Economy

While the economy of Newcastle and the Hunter is underpinned by the coal industry, there is a broad range of industry including manufacture, power generation, agriculture, wineries, cattle and equine, tourism, health, medical research and education

Investment

With more affordable, lower entry prices compared to Capital Cities, good rental yields and low rental vacancy rates make Newcastle an attractive location for both property investers and people seeking a great location to call home. The property market has historically been a steady performer and tends to show steady long term growth.

With land in short supply, especially in the inner city suburbs, there is opportunity and support from council to increase density with granny flats, dual occupancy, sub division and devolopment.