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Newcastle Real Estate

Newcastle Real Estate market is making strong recovery from the global recession and it is unlikely that a further rise in interest rate could dampen the buoyant spirit of buyers. The weekly sale auction attracts homebuyers and investors alike, and properties are sold significantly above the reserve prices. These are clear signs of a rising property market with the median house price continuously heading northwards for the past several months. Auction clearance rates in the entire Hunter Valley are a mirror of what we see across the NSW. Despite a rising price trend, Newcastle still ranks high on affordability level. The median house price and the median unit price in the region are well below the $400,000 mark. The median house price in the Newcastle CBD area, on the other hand, has gone past the $500,000 mark which makes it a bit expensive to own a home here.

Newcastle metropolitan area is next only to Sydney in terms of population in New South Wales. The hub of the Greater Newcastle area and a predominant city within the Hunter region, the city of Newcastle is famous as the largest coal exporting harbour in the world. It is a great place to live also as there are many beaches, recreational facilities and a wide range of housing options. Together with the local government areas of the City of Lake Macquarie, City of Maitland, City of Cessnock and Port Stephens Council, it forms the Greater Newcastle area. The Hunter region is even bigger and it includes the areas administered by Dungog Shire Council, Gloucester Shire Council, Great Lakes Council, Muswellbrook Shire Council, Singleton Shire Council and Upper Hunter Shire Council, besides the Greater Newcastle area. The name is derived from the Hunter River that flows through the region along with several tributaries forming highland areas to the north and the south.

Newcastle Real Estate for Sale

The rising demand keeps home builders and property developers busy in creating more housing solutions and real estate for sale. McCloy Group and Adderstone Group are two distinguished property development companies that provide services for residential as well as commercial real estate. Along with private developers, the City Council also designs and implements a time-bound plan to develop housing infrastructure within its area of control. As the demand is rising more rapidly than the developers can supply the housing units, the prices are likely to increase.

This has brought focus on the available stock and thus the listings of real estate for sale gained importance. and are two nationwide providers of listing services that list properties for sale, rent or lease across Hunter region as well. These online services are easy to avail and produce reliable results as new apartments for sale in developing areas, such as Kotara and Honeysuckle are added everyday.

The city of Newcastle continues to be the one among the top property hotspots in New South Wales, with certain key areas in the wide Hunter Valley region, predominantly in Muswellbrook and Nelson Bay, emerging as new hotspots in 2010. The median house price in Nelson Bay is now $410,000, while the same for Muswellbrook stands at $240,000.Within Newcastle, the areas surrounding the Port and the areas of mining activities are likely to experience a soaring demand for affordable housing solutions.

Newcastle Real Estate Rentals

The widening gap in the demand and supply of real estate for sale has brought opportunities for investors to gain from increased rents. Certain key areas that also include the thriving mining areas are witnessing rapid population growth, which is putting pressure on rents and property prices. The rental market is tightening as the demand is rising against the limited supply of apartments and houses for rent. Though the market has solutions for all kinds of rental properties one might need for residential purpose the increased rents are making it difficult for many to rent a home in their preferred location. Share accommodation is one solution that is now gaining popularity among students, workers and the tenants at the lower end of the market.

Landlords and investors can seek the assistance of property management companies for the maintenance of the properties they own and want to use for letting in Newcastle. These companies can also bring them prospective tenants and collect rents on their behalf, while making it certain that no damage is done to the properties by the tenant. Some property management companies own holiday rental properties also. Tourists and visitors are allowed to let these houses for a short term stay that could be anything from 1 day to a weekend or even a month. The demand is more for 1 bedroom apartments for rent in Newcastle. Keep browsing our pages, which can act as a guide for investment in Newcastle properties.

Newcastle Real Estate Agents

Newcastle real estate agents act as a channel between the buyers and sellers, and they also provide valuable services in renting a property. There is a wide range of real estate services that one can expect from a property agent. Some agents are specialized in selling while others in negotiating a favorable deal for the buyers. You may find complete house and land packages also at many of them. Some offers rental services only, with specialization in property management and holiday rentals. You can find here solutions for cheap or private rental properties as well and can also ask them for open houses and share accommodation. You must choose a real estate agent according to your needs of buying, selling or renting a property. To help you choose the right one, we are providing here a list of the most popular real estate agents in Newcastle along with their complete contact details.

Robinson Real Estate Newcastle Australia
1 Honeysuckle Drive,
Newcastle NSW 2300
Ph: (02) 4907 4000
Fax: (02) 4907 4044

Street Real Estate
444 - 448 Hunter Street
Phone 02 4926 3933
Rental 02 4926 3933
Fax 02 4929 5757

Creer Properties
Suite 1, 215-217 Pacific Highway
Phone +61 2 4943 3088
Rental +61 2 4943 3088
Fax +61 2 4943 9732
Mobile 1800 433088

Arnold Property
13/10-16 Kenrick Street
The Junction
Phone 02 4969 2600
Rental 02 4969 2600
Fax 02 4961 5287

Dalton Partners
72 Glebe Road
The Junction
Phone 02 4969 3500
Rental 02 4961 6464
Fax 02 4969 5393

Apple Properties
4/43 Station St
Phone 02 4968 9838
Rental 02 4968 9838
Fax 02 4960 2204

Ray White Newcastle City
Corner Union & Hunter Streets
Phone (02) 4908 5900
Rental (02) 4908 5900
Fax (02) 4908 5990

Global Property
14 / 121 High Street
East Maitland NSW 2323
Telephone: (02) 4934 7788
Fax: (02) 4934 7733

Love Realty
146 Nelson Street
Wallsend NSW 2286
Telephone: (02) 49 588 555
Fax: (02) 49 588 500

Kingston Properties Pty Ltd
Level 1 50 Hunter St,
Newcastle, NSW 2300
Phone: (02) 4927 1877
Fax: (02) 4927 1878

Newcastle Real Estate Photography
Get your properties photographed by Mark Snelson and increased their sales prospects. Newcastle Real Estate Photography brings bright and crisp images of properties listed for sale.

Real Estate Newcastle Kotara
Call 02 4952 5588 to get latest information on real estate for sale in Kotara. View 3-4 bedroom houses for sale and know their features and inspection time at REN website..

Newcastle Apartments Honeysuckle
Find here apartments on Honeysuckle, with 1, 2 and 3 bedroom townhouse and apartment accommodation. These executive, penthouse properties are located in the Honeysuckle precinct in Central Newcastle and are self-contained and fully furnished. Visit its website to see and properties and search more for current market trends on Honeysuckle Apartments in Newcastle..


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