The Clarence Valley, Newcastle, and Wollongong achieved growth in house prices of almost 20 per cent in the year to March 2017, according to Domain.
Regional centres such as Wollongong and Newcastle offer good buying opportunities right now.
Bellevue has been lovingly restored and its location in the Upper Hunter Valley, which is only two hours from Sydney, makes it the ideal lifestyle property.
A home renovation project won twice at the AIA's Newcastle Architecture Awards.
The inner city residential market remains incredibly tight when it comes to rental properties.
"Sydney is the job destination for Australia and there is strong migration. This is why we are seeing low vacancy rates."
Lifestyle and affordable property are bringing increasing numbers of mainland Chinese buyers to parts of Australia beyond the capital cities.
© THE REAL ESTATE CONVERSATION 2014. All rights reserved.