I have been told that investing in Newcastle which is the biggest city outside of our capital cities, is the next big move for developers/investors. Has anyone had the same advise? [8D][:X]
It is where all the developers/investors from Sydney are buying up big…..PJ
Hi pjconnected,
Be wary – this story may be like those share tips you hear at the family BBQ or from the bloke behind the bar. You will need to check it out yourself and conduct your own reserach – having said that Simon is lurking around here somewhere and may be able to add a local’s perspective.
Derek
Well it is certainly too late to get in at the start. Newcastle has boomed big time.
The market has slowed a bit but is still moving along.
I think a lot of money is still coming from Sydney which is only 2 hours away.
Any specific questions for me?
Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
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