News

Newcastle area

$17.2M Food Hub Becomes Reality

$17.2M Food Hub Becomes Reality

Regional Development Australia Central Coast (RDACC) has applauded the allocation of $17.2M in last night’s federal budget to fund the construction of a Central Coast Food Manufacturing Precinct and Innovation Hub project at Lisarow. One of seven projects listed under the Regional Minister...

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Maitland City Council to widen the road at Wollombi Road, Farley

Maitland City Council to widen the road at Wollombi Road, Farley

Mayor of Maitland Philip Penfold at Wollombi Road. Maitland City Council will soon break ground on a suite of works that will provide much needed improvements to accessibility to and from Farley. Worth almost $3 million and funded by a combination of council's Capital Works Program and develope...

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Six cities strategy and home buyer grants help Newcastle property sector defy national trends

Six cities strategy and home buyer grants help Newcastle property sector defy national trends

Cities and Infrastructure Minister Rob Stokes will visit Newcastle on Friday to discuss the six cities strategy and the role of the Greater Cities Commission in the Hunter at an event at NEX. Newcastle property industry leaders say the NSW government's six cities strategy and home buyer grants a...

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New University campus for Gosford

New University campus for Gosford

The NSW Government has today announced that the University of Newcastle will be its university partner to deliver a new university campus in Mann Street, Gosford. The University of Newcastle’s Vice-Chancellor Professor Alex Zelinsky joined Minister for Infrastructure, Cities and Active Tra...

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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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High-speed rail would lift land value by up to $140 billion: report

High-speed rail would lift land value by up to $140 billion: report

The report estimates land values around 12 regional high-speed rail stations, such as in Newcastle, would potentially increase by up to $140 billion.  Land values and property prices around high-speed rail stations could soar by as much as $140 billion, according to new research. UNSW rese...

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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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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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Property prices have surged faster than the annual household wage in these suburbs

Property prices have surged faster than the annual household wage in these suburbs

The coronavirus outbreak and continued lockdowns and restrictions have done little to dampen Australia's property market. Recent Domain data shows that property prices have reached record highs across all capital cities as the perfect storm for Australia's property market continues to roll out. ...

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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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The year regional housing turned property on its head

The year regional housing turned property on its head

The pandemic that made city-dwellers flee urban environments for the relative safety and space of country living turned housing markets on their head, making regional prices grow faster than metropolitan values for the first time in nearly 15 years. Regional property values jumped 6.9 per cent i...

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Success story of a young investor !!

Success story of a young investor !!

Koala Invest has assisted another client in achieving the milestone of acquiring an investment property. During the initial discussion , Koala team explained the benefits of positive geared and high cash flow investment properties to the client.And they understood that this kind of property will...

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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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$6 million cancer centre slated for Maitland

$6 million cancer centre slated for Maitland

Cancer patients in Maitland will soon no-longer have to make the exhausting trip to Newcastle for treatment. Construction on a new $6 million cancer centre, which will provide access to cutting-edge radiation therapy treatments, medical oncology and clinical trials is beginning at Metford. A &l...

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Another Happy Dual Occupancy Client !!

Koala Invest has helped another of its client in finding the perfect Investment home. Our client was searching for a dual occupancy under $600k with a block size of at least 500m and garages for both units. We presented a range of options in the Newcastle region that offered excellent rental yi...

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Best areas to invest in Newcastle and the Central Coast in 2019

Have you been diligently eyeing real estate in Newcastle and the Central Coast? If the answer is yes - you've been doing your homework! In the midst of the nation's record-breaking property downturn, these two beautiful regions - packed with vineyards and exquisite coastlines - have experienced c...

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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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Newcastle Airport purchases land for Astra Aerolab project

Development of a new high-tech hub at Williamtown could begin as early as next month after Newcastle Airport bought land for the project. Parliamentary secretary for the Hunter Scot MacDonald, deputy NSW premier John Barilaro and Newcastle Airport CEO Dr Peter Cock at the announcement of...

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Changing places: research study finds population growth could be best placed in regional centres

Greater Newcastle's population could increase to more than 1.8 million by 2056 if a regional growth plan was adopted by governments to more widely distribute the future population settlement pattern, a report from the Regional Australia Institute says. Greater Newcastle’s popul...

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Newcastle University unveils plans for new $200m STEMM building at Callaghan

Newcastle University has unveiled plans for its grandest infrastructure investment, a $200 million "flagship" multi-discipline building at its Callaghan campus. Newcastle University has unveiled plans for its grandest infrastructure investment, a $200 million “flagship” multi-d...

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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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$350m private hospital & medical precinct announced

A joint project by AA Crown Holdings and Northside Group, the $350m Northside Private Hospital and medical precinct will deliver world class medical services to complement Gosford’s existing public hospital. A major new private hospital and health precinct is earmarked for Racecourse R...

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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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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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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 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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$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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Investment in Newcastle is Booming!

Newcastle has become one of Australia's investment hotspots Growth in Newcastle has been spectacular in the past 18 months, the median house price, which is only slightly over the $600,000 mark, is still about half that of Sydney. Growth rates were as high as 25 per cent at their peak per 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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Newcastle is the next big thing to boom

STEP aside Sydney. While you’re one of the most expensive cities in the world, another city has become the next big thing. STEP aside Sydney.   Huge investments in transport, the rejuvenation of the city foreshore, a revitalised central business district, an upsized university a...

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Another Happy Client

Koala Invest recently found a perfect investment property for one of our overseas investors. We assisted with the purchase, construction and Foreign Investor requirements for our client to provide a simple investment process.Our first step was work with our client to find a set of criteria that...

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