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NSW Can we start a Newcastle thread

Discussion in 'Where to Buy' started by Brad81, 20th Jun, 2015.

  1. drg86

    drg86 Well-Known Member

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    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.
     
  2. Ardi

    Ardi Well-Known Member

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    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
     
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  3. larrylarry

    larrylarry Well-Known Member

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    Newy is still hot!!!
     
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  4. fols

    fols Well-Known Member

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    I was there last week. Very hot. Literally. Like 42 degrees!
     
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  5. fols

    fols Well-Known Member

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    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....
     
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  6. krispy

    krispy Well-Known Member

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    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.
     
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  7. larrylarry

    larrylarry Well-Known Member

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    I should have gotten one more in Newcastle.
     
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  8. tomlemke

    tomlemke Well-Known Member

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  9. andrew_t

    andrew_t Well-Known Member

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  10. tomlemke

    tomlemke Well-Known Member

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  11. larrylarry

    larrylarry Well-Known Member

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  12. fols

    fols Well-Known Member

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    Wickham ranked #1 of Top 100 for 2017 in YIP mag. Already moved a lot, but the guru's obviously see more growth.
     
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  13. tomlemke

    tomlemke Well-Known Member

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    I will have to buy that mag, thats the good old home town.
     
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  14. larrylarry

    larrylarry Well-Known Member

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    Wickham is crazy. Townhouses in excess of $750k.
     
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  15. Ardi

    Ardi Well-Known Member

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  16. tomlemke

    tomlemke Well-Known Member

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  17. larrylarry

    larrylarry Well-Known Member

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    Can't read! Please summarise.
     
  18. Chattyboy

    Chattyboy Member

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    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...
     
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  19. Chattyboy

    Chattyboy Member

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    Any of you guys bought one of those "The Grounds" OTP units?

    otherwise, any thoughts or comments?
     
  20. tomlemke

    tomlemke Well-Known Member

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