Why Newcastle is a Great Place to Invest

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With interest rates at an all-time low, now really is a good time to do some number crunching think about investing in property.

So what makes Newcastle a great area for investors? Here are a few of our suggestions of why the area continues to be attractive to investors:

Rental Yield and Capital Growth

Good rental yield and capital growth are usually at the top of every investor’s list. We have been in the area for over 40 years and in this time, we have generally seen excellent rental yields and steady capital growth.

Diverse Range of Industries

Although Newcastle has its roots in mining and has the world’s largest coal export port, it now has a diverse range of businesses and industries. The region offers plenty of tourism, construction and manufacturing opportunities and the surrounding area is also renowned for its wine and horse breeding.

Millions of dollars are been poured into revitalising Newcastle’s CBD and as a result the city has more businesses and a vibrant centre.

With new businesses and low unemployment, the area is definitely more appealing to live in – and with more people coming to the area they need somewhere to live!

Catering to Different Lifestyles

From one-bedroomed studio apartments to four-bedroomed family homes, Newcastle has property for everyone. However, it’s not just the type of property on offer – the area has city, urban and seaside living, meaning the area also has a location for just about every lifestyle choice.

New Developments

Newcastle is growing so it is worth looking at some of the new areas been developed. Several of these are very strategically placed with the CBD and Newcastle beaches just a 15-minute drive away.

In a nutshell, Newcastle has a lot to offer for the canny property investor, and as one of Newcastle’s longest established real estate offices, we’d love to help you with your property investment dreams.

If you would like to know more about investing in property in the Newcastle region give us a call on 02 4954 8833 or pop into our Cardiff office for a chat.