Best growth areas Central Coast/Newcastle NSW.

Viewing 6 posts - 1 through 6 (of 6 total)

Bennyhub
Participant
@bennyhub
Join Date: 2013
Post Count: 5
March 19, 2014 - 7:04 am
Hey everyone I have just bought a house in Gorokan on the Central Coast to live in and settlement is next month so moving up from Wagga. I already have one IP in Wagga with great growth and rent return and want to continue my investing on the coast. I'm just asking for some suburbs to keep my eye on in either the Central Coast area or Newcastle.
Cheers
thecrest
Participant
@thecrest
Join Date: 2004
Post Count: 992
March 20, 2014 - 12:22 am
Hi Bennyhub.
Where's the Wagga one, house or unit ?
I have a family contact in RE in Newcastle if you want it, PM me.
My motel in Wagga is going great.
Cheers
thecrest

thecrest | Tony Neale - Statewide Motel Brokers
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selling motels in NSW
streamlineinvesting
Participant
@streamlineinvesting
Join Date: 2010
Post Count: 171
March 20, 2014 - 1:32 am
I was currently looking at properties around the Central Coast as well, initially was looking or a place in Sydney, but was just too expensive. I do not want to be under a burden of a mortgage for the rest of my life. Plus I really have no reason to be around Sydney, would much prefer be in a nicer, bigger place on Central Coast, just a short stroll from the water for a fraction of the price.
TheFinanceShop
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@thefinanceshop
Join Date: 2012
Post Count: 1,271
March 21, 2014 - 2:14 am
From the sand to the surf – you will love it in the CC. Very laid back and awesome beaches.
TheFinanceShop | Elite Property Finance
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Jamie Moore
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@jamie-m
Join Date: 2010
Post Count: 5,069
March 21, 2014 - 2:36 am
I reckon there's some good opportunities in south coast NSW at the moment. There's an abundant of stock and new releases – so quite a few properties up for sale for lengthy periods which usually leads to decent discounting.
The weather wouldn't be as nice as the central coast though – a bit chilly in winter.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
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Richard Taylor
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@qlds007
Join Date: 2003
Post Count: 12,024
March 23, 2014 - 10:49 am
Personally i like Belmont, New Lambton or Newcastle City itself.
Just sold a development site in Merewether which i just didn't have time to develop but that is another great suburb.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender