NSW Newcastle Property 2017

Discussion in 'Where to Buy' started by drg86, 4th Jan, 2017.

Join Australia's most dynamic and respected property investment community
Thread Status:
Not open for further replies.
Page 1 of 53
  1. drg86

    drg86 Well-Known Member

    Joined:
    25th Jun, 2015
    Posts:
    436
    Location:
    Forster NSW
    {Note: thread continued from here: NSW - Newcastle Property 2016}

    How have investors been going with rental increases? I haven't risen in 2 years, but just looked at our Jesmond 2 bedder as lease is coming up and looks like there has been a 10% rise comparing to others listed.
     
    Last edited by a moderator: 19th Nov, 2017
    drg86, 4th Jan, 2017
    #1
  2. Ardi

    Ardi Well-Known Member

    Joined:
    20th Jul, 2015
    Posts:
    300
    Location:
    Orange
    We have two in Cameron Park, bumped one up from 485 to 520 with new tenants and the other from 585 to 595, tenelants have been in for over 3 years. Both last year
     
    Ardi, 4th Jan, 2017
    #2
    drg86 likes this.
  3. larrylarry

    larrylarry Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,392
    Location:
    Sydney
    Newy is still hot!!!
     
    larrylarry, 4th Jan, 2017
    #3
    tomlemke and Ardi like this.
  4. fols

    fols Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    737
    Location:
    Sydney
    I was there last week. Very hot. Literally. Like 42 degrees!
     
    fols, 4th Jan, 2017
    #4
    larrylarry and drg86 like this.
  5. fols

    fols Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    737
    Location:
    Sydney
    Love the way Newcastle is changing. Such great places to eat/ drink. Top
    vibe. Fantastic beaches. I just can't justify investing there at the moment though. Surely it's top of cycle? I can buy in metro Melbourne cheaper than I can Newcastle. Wish I had put some money into Newey rather going so hard in BNE. Next cycle....
     
    fols, 4th Jan, 2017
    #5
    Micko, krispy and tomlemke like this.
  6. krispy

    krispy Well-Known Member

    Joined:
    27th Oct, 2015
    Posts:
    230
    Location:
    Sydney
    I know the feeling fols. Wish we had that crystal ball. I love the way its changing too. Looking forward to spending my retirement up there in about 10 years.
     
    krispy, 5th Jan, 2017
    #6
    fols likes this.
  7. larrylarry

    larrylarry Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,392
    Location:
    Sydney
    I should have gotten one more in Newcastle.
     
    larrylarry, 5th Jan, 2017
    #7
    samiam, krispy and fols like this.
  8. tomlemke

    tomlemke Well-Known Member

    Joined:
    21st Jun, 2015
    Posts:
    950
    Location:
    Newcastle
    tomlemke, 5th Jan, 2017
    #8
    andrew_t likes this.
  9. andrew_t

    andrew_t Well-Known Member

    Joined:
    25th Jun, 2015
    Posts:
    160
    Location:
    Sydney
    andrew_t, 5th Jan, 2017
    #9
  10. tomlemke

    tomlemke Well-Known Member

    Joined:
    21st Jun, 2015
    Posts:
    950
    Location:
    Newcastle
    tomlemke, 9th Jan, 2017
    #10
  11. larrylarry

    larrylarry Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,392
    Location:
    Sydney
    larrylarry, 9th Jan, 2017
    #11
  12. fols

    fols Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    737
    Location:
    Sydney
    Wickham ranked #1 of Top 100 for 2017 in YIP mag. Already moved a lot, but the guru's obviously see more growth.
     
    fols, 9th Jan, 2017
    #12
    tomlemke likes this.
  13. tomlemke

    tomlemke Well-Known Member

    Joined:
    21st Jun, 2015
    Posts:
    950
    Location:
    Newcastle
    I will have to buy that mag, thats the good old home town.
     
    tomlemke, 9th Jan, 2017
    #13
    fols likes this.
  14. larrylarry

    larrylarry Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,392
    Location:
    Sydney
    Wickham is crazy. Townhouses in excess of $750k.
     
    larrylarry, 9th Jan, 2017
    #14
    tomlemke and fols like this.
  15. Ardi

    Ardi Well-Known Member

    Joined:
    20th Jul, 2015
    Posts:
    300
    Location:
    Orange
    Ardi, 9th Jan, 2017
    #15
  16. tomlemke

    tomlemke Well-Known Member

    Joined:
    21st Jun, 2015
    Posts:
    950
    Location:
    Newcastle
    tomlemke, 10th Jan, 2017
    #16
  17. larrylarry

    larrylarry Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,392
    Location:
    Sydney
    Can't read! Please summarise.
     
    larrylarry, 10th Jan, 2017
    #17
  18. Chattyboy

    Chattyboy Well-Known Member

    Joined:
    10th Jan, 2017
    Posts:
    62
    Location:
    NSW
    To summarise... prices in sydney is too expensive, people should be investing in newcastle instead. Major reason is that big infrastructures being injected into the city, which is bringing more jobs and people. Hence, property prices in newcastle will be booming...
     
    Chattyboy, 11th Jan, 2017
    #18
    krispy and larrylarry like this.
  19. Chattyboy

    Chattyboy Well-Known Member

    Joined:
    10th Jan, 2017
    Posts:
    62
    Location:
    NSW
    Any of you guys bought one of those "The Grounds" OTP units?

    otherwise, any thoughts or comments?
     
    Chattyboy, 11th Jan, 2017
    #19
  20. tomlemke

    tomlemke Well-Known Member

    Joined:
    21st Jun, 2015
    Posts:
    950
    Location:
    Newcastle

    Attached Files:

    tomlemke, 11th Jan, 2017
    #20
    samiam likes this.
Page 1 of 53
Thread Status:
Not open for further replies.