The REINSW Residential Vacancy Rate Report for September revealed that rental vacancy rates have dropped across the board. For instance, the Hunter's rate is down to 1%.
Gosford is becoming a world class health, research and education precinct, and the new facility will be funded by the government and the University of Newcastle.
Newcastle is investing more than ever into roads, community buildings and parks, with $91.6 million spent on major infrastructure upgrades and projects.
Work recently began on a new education and research facility at Gosford Hospital. The new facility will boost the local economy and create more jobs for people on the Central Coast.
As the government turns to property to support the economy, DPN’s Managing Director, Sam Khalil, discusses the latest property investment trends and opportunities.
The proposal for Poynton Place, a 98-room motel, was lodged by prominent developer Hunter Land. The motel would provide for the region's growing visitor economy.
Mayor Palmer is optimistic that property values will increase due to the huge investment in capital and infrastructure in Newcastle and the Hunter region.
