News

Hunter valley region

What locals love about Lochinvar, the gateway to The Hunter

What locals love about Lochinvar, the gateway to The Hunter

Lockdowns may be a thing of the past, but there are still many families considering a shift away from metropolitan life and into regional towns. The ease of working from home, the affordability of houses and the relaxed country lifestyle is the trifecta beckoning so many burnt-out, time-poor cit...

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$1B High-Speed Boost for Central Coast Prosperity

$1B High-Speed Boost for Central Coast Prosperity

Regional Development Australia Central Coast (RDACC) has applauded the $1B allocation for a dedicated passenger rail line to be built between Sydney and Newcastle in last night’s Federal Budget. The official budget allocation followed announcements earlier in the week that this catalyst in...

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Solar-hydro energy plant to be built on Liddell coal-fired power station site

Solar-hydro energy plant to be built on Liddell coal-fired power station site

The Liddell coal-fired power station is set to close in 2023. A renewable solar-hydro energy plant to be built on the Liddell coal-fired power station site in the NSW Upper Hunter is being hailed as an investment in economic opportunity and livability in the region. AGL, which operates the soon...

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Historic’ drop in supply of new Sydney homes prompts shortage warning

Historic’ drop in supply of new Sydney homes prompts shortage warning

There has been a decline in apartment developments in Sydney. Sydney is in the grip of a historic drop in new housing supply, driven by a collapse in apartment developments, which could exacerbate the city’s shortage and push up prices just as population growth is poised to increase post-p...

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 NSW flooded with $100bn in renewable and storage projects for Hunter renewable zone

NSW flooded with $100bn in renewable and storage projects for Hunter renewable zone

The NSW Government has been "overwhelmed" by projects wanting to participate in the Hunter-Central Coast Renewable Energy Zone. The NSW Government has again been inundated by new wind, solar and storage projects wanting to participate in the next Renewable Energy Zone, receiving more than $100 b...

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NSW coast worth $100b for renewables

NSW coast worth $100b for renewables

Matt Kean says investors have shown huge interest in the Hunter/Central renewable energy zone. More than $100 billion of potential investment has been put forward in the registration of interest for the massive Hunter-Central Coast Renewable Energy Zone. NSW Energy Minister Matt Kean says the r...

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NSW Government approves plans to develop former Kurri Kurri aluminum smelter site

NSW Government approves plans to develop former Kurri Kurri aluminum smelter site

The Kurri Kurri smelter. PLANS to convert a former aluminum smelter in the Hunter region into a gas-fired power plant have moved a step closer after plans to remediate the site were approved. The state government announced plans to convert the former Kurri Kurri aluminum smelter into "a new com...

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Newcastle, Lake Macquarie's median house prices nears $900,000

Newcastle, Lake Macquarie's median house prices nears $900,000

DEMAND STILL HIGH: Cameron Park's 54 Araminta Chase sold for a suburb record $1.31 million at auction last weekend. Newcastle and Lake Macquarie's median house price is on track to reach $900,000 by next month. New data from property analysts CoreLogic revealed another rise of 1.8 per cent in J...

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Newcastle’s $780m Healthcare Precinct Approved

Newcastle’s $780m Healthcare Precinct Approved

Newcastle’s John Hunter Health Campus is in line for a $780-million redevelopment including a new acute services building to help provide healthcare for the region’s growing population. The State Significant Development has won approval from the New South Wales government to redevelo...

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Land value soars in Hunter Central Coast region as property market continues to boil

Land value soars in Hunter Central Coast region as property market continues to boil

Total land values have soared in the Hunter and Central Coast region. In the year she has spent trying to secure a family home in Newcastle, Sally has missed out on multiple auctions and offers. "Homes are going $300,000 to $400,000 over guide," she said. "It's a really tough time to enter the...

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Newcastle house prices reach new high amid biggest growth since 1989

Newcastle house prices reach new high amid biggest growth since 1989

HOT PROPERTY: House prices surged in the Hunter in 2021. Newcastle and Lake Macquarie's median house price has shot to $860,000 following one of the region's biggest years of price growth. The Hunter Region was one of the nation's best performers in 2021, led by a 32.5 per cent annual rise for ...

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Construction Set To Commence On Lake Macquarie Water Park & Lifestyle Precinct Next Year

Construction Set To Commence On Lake Macquarie Water Park & Lifestyle Precinct Next Year

Our dreams of a water park on our doorstep are one step closer to becoming a reality, with construction set to begin early next year on part of Lake Macquarie’s water park! Construction is set to begin on the over 55s lifestyle village aspect of the Cedar Mill precinct by April next year, ...

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Huge Mardi subdivision to be decided by regional panel

Huge Mardi subdivision to be decided by regional panel

A 246-lot community title subdivision at Mardi has been submitted to Central Coast Council and will be decided by the Hunter Central Coast Regional Planning Panel. The 223ha site is eight allotments collectively known as 414 Old Maitland Road, Mardi, situated to the west of the M1 Motorway. It ...

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Growth in regional rents is almost 3 times that of capital cities

Growth in regional rents is almost 3 times that of capital cities

CoreLogic has released its Quarterly Regional Report, which revealed the annual growth rate of combined regional dwelling values (13%) was more than twice that of the capital cities (6.4%) in the 12 months to April. Remarkably, rent values across the combined regional markets have outpaced capit...

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Morrison government to spend $600 million on new Hunter Valley gas power plant

Morrison government to spend $600 million on new Hunter Valley gas power plant

The coal-powered Liddell Power Station will shut in 2023. The Morrison government will spend up to $600 million to build a new gas power plant in the NSW Hunter Valley. The government says the plant, scheduled to come online in summer 2023-24 to replace the coal-fired Liddell power plant follow...

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A school, shopping precinct, playing fields and 5000 homes ready for Lochinvar

A school, shopping precinct, playing fields and 5000 homes ready for Lochinvar

LOTS FOR LOCHINVAR: Maitland City Council's Development and Environment Manager David Simm pictured last year at Gillieston Heights. Lochinvar is set to become Maitland's next boom town with the first of 5000 housing lots on public exhibition and a school and shopping precinct to come. Maitland...

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Williamtown set to become ‘Special Activation Precinct’ a win for defence industry

Williamtown set to become ‘Special Activation Precinct’ a win for defence industry

The NSW government has announced that the defence and aerospace hub supporting RAAF Base Williamtown will be designated as a 'Special Activation Precinct', drawing support from industry, accelerating economic development and the creation of highly skilled jobs. The Hunter region and northern NSW...

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Stiffer market competition on the horizon as investors slowly creep back

Stiffer market competition on the horizon as investors slowly creep back

With first-home buyers and upgraders dominating the market, the quiet pick up in investor activity is going largely unnoticed. The most recent home lending data from the Australian Bureau of Statistics (ABS) found that in September 2020 there was $5.3 billion in new lending to investors. While t...

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Cessnock and Maitland forecast to be among the fastest growing areas in the state

Cessnock and Maitland forecast to be among the fastest growing areas in the state

The Lower Hunter's population is forecast to boom in the next two decades with Cessnock and Maitland tipped to be among the fastest growing areas in the state. Department of Planning population projections show an extra 131,500 people will live in the Hunter Region by 2041, an average increase o...

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Looking towards 2036: what will Maitland look like in 20 years?

Looking towards 2036: what will Maitland look like in 20 years?

East Maitland will be one of the Hunter's "catalyst areas" in the next 20 years, setting targets for 1750 extra jobs, 550 extra homes and improved transport connections between Green Hills shopping centre and new hospital site. The plan is one of a raft of initiatives contained in documents outl...

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Plans for new $780 million John Hunter Hospital building unveiled

The concept design for the new, seven-storey Acute Services Building for John Hunter and John Hunter's children's hospitals has been unveiled, marking a milestone for the NSW Governments $780 million health precinct. Premier Gladys Berejiklian said the John Hunter Health and Innovation Precinct ...

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Costco plans $60 million Lake Macquarie project

Costco plans $60 million Lake Macquarie project

Costco is to develop a $60 million warehouse and fuel station project in Lake Macquarie City in New South Wales' Hunter Valley region. Occupying a 14,000sqm site, part of the former Pasminco mining company's land, the development will be Costco's fourth warehouse in the state. The project will i...

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Energy Renaissance names Hunter region for Australia’s first battery “gigafactory”

The New South Wales Hunter region has been named as the preferred location for what is likely to be Australia's first gigawatt-scale lithium-ion battery manufacturing operation, right in the middle of the state's coal and gas heartland. Energy Renaissance said on Tuesday that it would start buil...

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Winarch Capital's Morisset development gets approval

Winarch Capital's Morisset development gets approval

Lake Macquarie Council has approved Winarch Capital's $235 million redevelopment of the 90 hectare Morisset Golf Course, allowing the developer to subdivide and sell part of the site to Ingenia Communities. Winarch Capital managing director Paul Lambess said the council has given th...

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Bye-bye Kembla Grange? The three Illawarra suburbs set for a name change

Bye-bye Kembla Grange? The three Illawarra suburbs set for a name change

Kembla Grange will be split in half and renamed under a new Wollongong City Council proposal to create six new suburbs in West Dapto. Huntley and Avondale will also need to be split and given new names, as they are growing too large due to the rapid residential expansion in the area....

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Looking towards 2036:- 60,300 new dwellings proposed for the Greater Newcastle,including Maitland,Lake Macquarie and Newcastle

East Maitland will be one of the Hunter’s ‘catalyst areas’ in the next 20 years, setting targets for 1750 extra jobs, 550 extra homes and improved transport connections between Green Hills shopping centre and new hospital site.   East Maitland will be one of t...

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Looking towards 2036- 60,300 new dwellings proposed for the Greater Newcastle,including Maitland,Lake Macquarie and Newcastle

East Maitland will be one of the Hunter’s ‘catalyst areas’ in the next 20 years, setting targets for 1750 extra jobs, 550 extra homes and improved transport connections between Green Hills shopping centre and new hospital site.   East Maitland will be one of t...

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NSW funds defence precinct near Williamtown

The new ‘Astra Aerolab’ will house maintenance and support services for Australian fighter jets The NSW government has announced $11.7 million in funding to create a defence, aviation, aerospace and technology precinct in the Hunter region. NSW Deputy Premier John Barilaro mad...

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Maitland and Cessnock big winners if airport expansion approved

FLYING HIGH: Cessock Airport could become a commercial aviation hub.   Maitland and Cessnock’s economies are poised to cash in on plans to expand Cessnock Airport, which could result in big tourism and business bucks for the two leading Hunter hubs.     ...

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Regional Australia is big winner in the Federal Budget

There was very little directly related to housing in this year’s Federal Budget, however regional Australia is the clear winner. There was very little directly related to housing in this year’s Federal Budget, however regional Australia is the clear winner.   More sp...

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Rents Across Australia Rise Over The First Quarter Of 2019

The first CoreLogic Quarterly Rental Review for 2019, which tracks median rents and rental yields across Australia, shows that national weekly rents have risen by 1 per cent during the first three months of the year. “This seasonally strong first quarter has delivered the highest incre...

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Australia’s Population Becoming More Diverse

Migration data which was recently released by the ABS showed that as of June 2018, an estimated 17,650,130 residents of Australia were born in Australia. Migration data which was recently released by the ABS showed that as of June 2018, an estimated 17,650,130 residents of Australia were bor...

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Maitland's new $43 million civic precinct will include the iconic Town Hall Cafe building

One of the city’s oldest commercial buildings will be incorporated into Maitland City Council’s $43 million civic precinct development which will include significant improvements to the town hall and the construction of a new administration building. General Manager D...

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Yet Another Happy SMSF Client!!

More Happy Clients have found their perfect investment with Koala Invest’s assistance Koala Invest has helped another of its client in finding the perfect Investment home through SMSF. Our client was searching for a dual occupancy under $650k with a block size of at least 600m2. We pre...

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$470 million for the New Maitland Hospital.

The new Maitland Hospital could open as early as 2022, with the successful contractor and project manager announced on Wednesday.The new Maitland Hospital will be almost twice the size of the existing hospital, delivering on the NSW Government’s commitment to improve regional access to qu...

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New $470m hospital brings care to country NSW

The new Maitland Hospital will provide an extensive range of adult and paediatric services including emergency, paediatric, maternity, chemotherapy and state-of-the-art operating suites.Located on a greenfield site in Metford, the brand new $470 million Maitland Hospital is set to boast st...

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$780 MILLION TO REDEVELOP JOHN HUNTER HOSPITAL

Families across the Hunter region will benefit from the redevelopment of John Hunter Hospital in Newcastle. As the major teaching and referral hospital for our region, this $780 million investment in John Hunter Hospital will also ensure locals can receive essential healthcare closer to home. ...

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Yet Another Happy Client!!

More Happy Clients have found their perfect investment with Koala Invest's assistance Koala Invest has helped another of its client in finding the perfect Investment home. Our client from Melbourne was searching for a dual occupancy under $600k with a block size of at least 600m and garages ...

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The Hunter Valley Investment Powers On

The project is set to generate 2000 new jobs and will be based at the Hunter Valley Economic Zone (HEZ), near Kurri Kurri at an estimated cost of 4 - 5 billion dollars. A Hong Kong investment firm says a deal has been signed to build two large coal-fired power plants ne...

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The leading regional economy in Australia:THE HUNTER REGION NSW

The Hunter region has an estimated 322,000 jobs and this is projected to increase to 384,000 by 2036. The Hunter has a GDP of $43 billion, substantially outpacing NT, TAS and ACT. This is in addition to urban development projects totalling nearly $4 billion dollars, vacancy rates in key areas as ...

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Coast’s water supply network gets $61million boost

Central Coast Council is preparing to deliver one of the region’s most significant infrastructure projects – a nine kilometre water pipeline from Mardi to Warnervale. The $61million project will boost water supply to the Central Coast’s rapidly growing northern suburbs and ...

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Maitland population breaks 80,000

Maitland’s population growth is showing no signs of slowing down, with more than 80,000 people now calling city home. Preliminary data released by the Australian Bureau of Statistics on Tuesday estimated that 81,235 people lived in Maitland as of June 30 last year, almost 2000 more people ...

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A Fast Rail Future for NSW

The NSW Government has a vision for vibrant and growing regional economies, providing NSW residents with more jobs, greater opportunities and better quality of life. Vision Many of our state’s regional areas have room to grow and are keen to draw in more investment, ...

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Retail giants IKEA and Costco signal Newcastle's in store

FOR more than 100 years it was home to the Hunter’s first heavy industry, one of the region’s chief polluters.     Now it appears Boolaroo could soon be home to Swedish retail giant IKEA and American wholesale shopping juggernaut ...

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How Have Dwelling Values Shifted Across The Regional Areas Of Australia?

The latest CoreLogic home value index results show the slowdown in the national market has become more broadly based with regional dwelling value growth continuing to slow. In this week’s Pulse we look at how values have changed over the past 12 months outside of the capital cities. Over...

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$19 billion rise in Hunter land values with no end in sight

Great News for Hunter Region investors THE Hunter’s frenzied real estate market drove land values up almost 15 per cent, or more than $15 billion, last financial year to a new regional high-water mark. Figures issued by the NSW Valuer General estima...

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Sydney to Newcastle rail line to be a business case for faster services

REDUCING travel time between Newcastle and Sydney from three to two hours could be a “game changer” for the Central Coast. Straighter tracks, removal of level crossings and increased speeds over 120km will be explored with a view to shorten the journey on the Coastal rail line....

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New Business Prospectus for Hunter and Central Coast Regions released

Great News for the Central Coast and Hunter Regions A recent update to the Investment Prospectus of the Hunter and Central Coast Regions has been released giving a great insight into investment in these regions. Some of the main points include: Central Coast The Central Coast contribute...

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Housing boom for Lake Macquarie Region

Housing approvals rose by 8 percent last year Recent data from the Australian Bureau of Statistics has shown a increase in housing approvals. “In total, 4618 approvals were issued for new dwellings across the Hunter, compared to 4293 in 2016, an increase of 8 per cent on already ...

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Feeling priced out of Sydney? You're not alone.

Key workers are being shut out of Sydney Property New South Wales’s high house prices are forcing teachers, nurses, police and emergency workers to leave Sydney, with many struggling to even pay rent in the city, a new report has found.A University of Sydney report found in the 10 ye...

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Draft Greater Newcastle Metropolitan Plan Outlines future changes for Newcastle Region

The NSW Government has released a Draft Greater Newcastle Metropolitan Plan which sets out urban strategies to 2036 for Newcastle City, Cessnock, Lake Macquarie, Maitland and Port Stephens. The plan was released on 30 November by NSW chief planner Gary White. It is at this stage a draft plan...

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Record Land Price for Trinity Point

1164 m2 lakeside block in Morisset Park Land price records for Morisset Park have been smashed with a wealthy Sydneysider reportedly paying “Well over the $1M mark” for a lavish 8 bedroom Mansion on 1164m2 of waterside land. The build is expected to contain 660m2 of living space ...

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