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While inner-city properties are often considered a ‘safe bet’ investment, constantly rising prices are making them unaffordable for many.
A new high-speed rail network could transport Central Coast workers door-to-desk in Sydney in around 60 minutes, compared with the current two hours.
Newcastle real estate is benefiting from new transport infrastructure and Sydney affordability pressures, says John Church of PRDnationwide Newcastle.
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Sydney's vacancy rate held steady in April at only 1.7 per cent, indicating there are supply constraints in the rental property market.
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."
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