Property Overview Hunter Region
Hunter Region With a population of over 620,000, the Hunter Region is the largest regional area in Australia and home to more people than the State of Tasmania, the ACT or the Gold Coast. The region is the powerhouse of the NSW economy and one of the powerhouses of the Australian economy. With business confidence at an all time high, it has emerged from a largely coal & wine producing area to become a diverse industrial base, employing workers over many sectors & benefitting from rapidly growing infrastructure & commercial spending.
Property Selection Our acquisitions team is strongly focused on providing the residential investment property purchaser good quality investment properties, in high capital growth corridors, with strong employment, strong rental demands and access to public transport and amenities. Infrastructure spending â€“ current & planned Population Growth & High Capital Growth potential Strong rental demand with above average rental yields Significant negative gearing & depreciation advantages Spacious designs with low maintenance exteriors
Area Selection With all the Property Selection aspects in mind we have identified the following areas within the Hunter Region: Muswellbrook Cliftleigh Cessnock Rutherford These areas satisfy the criteria of population growth, employment growth, capital growth, rental yields above 5% p.a. & increased infrastructure spending.
Muswellbrook - Map
Cliftleigh - Map
Cessnock - Map
Rutherford - Map
Projects & Infrastructure We have identified the following Projects & Infrastructure within the Hunter Region which we feel will influence property prices in the region.
The Hunter Expressway Resource Sector Solar Power Generator Other Facts
The Hunter Expressway The $2b project which is the Hunter Expressway will provide a 40km dual carriageway with interchanges at the F3 Freeway, Buchanan, Kurri Kurri, Loxford, Allandale & Branxton.
It is expected to reduce travel times between Newcastle and Branxton by 28 minutes and relieve surrounding roads of between 15,000 and 30,000 vehicles per day in the areas around Rutherford, Maitland, Thornton and Newcastle. Construction will occur between 2010 and 2013 and will generate around 2,500 full time jobs in the Hunter. Improvements to infrastructure will see greater efficiencies in the transport of agricultural and resource products to market.
The Hunter Expressway
Hunter Economic Zone HEZ will be Australiaâ€™s largest continuous industrial zone providing the ability to offer a home to large scale industrial occupiers, previously forced to go to other states or overseas.
It is fully serviced by road, rail, power, gas, sewerage, water and Powertel cable. It represents the biggest injection of employment-generating capital into the area in a generation.
As part of the State Governmentâ€™s Lower Hunter Regional Strategy, HEZ will be instrumental in the development of the Lower Hunter Region and is expected to contribute up to 15,000 new jobs and bring more than $1.1b to the local economy.
Resource Sector $1.1b Mangoola Coal Mine Muswellbrook – one of the largest in NSW. $320m expansion of BHP’s Mt Arthur mine – increasing production to 15m tonnes p.a. Major expansion of coalfields in Gunnedah & Narrabri with a $580m upgrade to the rail system between Gunnedah and Maitland. Hunter Mines Authority predicts 25,000 new jobs to be produced in the next 4 years. In 2009 coal seam gas producers Santos & Eastern Star announced negotiations with Newcastle Port Authority to build a liquefied natural gas plant which will put Newcastle in a position to rival Gladstone.
Solar Power Generator The Federal Govt. has announced that the Hunter Valley, with its coal-fired power stations & CSIRO energy research centre, is ideally placed for the Solar Research Scheme.
Liddell is home to a ‘demonstration scale’ solar plant that the Federal Govt. described as a ‘very good example’ of what the Govt. hoped to achieve. The Federal Govt. is planning to build the world’s largest solar generating plant – a $4.2b project which will be 3 times bigger than what currently exists in California.
Other facts.... Largest coal export port in the world, produces 40% of Australia’s aluminium & generates over 90% of NSW’s electricity. Equine capital of the Southern Hemisphere. Newcastle Airport traffic numbers have soared from 214,000 in 2003 to well over 1 million in 2009 – over $130m planned to be spent. Manufacturing employs over 27,000 people. Vineyards produce over 42 million bottles and over $200 million in sales annually. Two of the biggest Defence bases in Australia – Singleton & Williamtown. 7 million tourists visit the region each year.
In summary – the numbers... Area
4 Bed 2 Bath 2 Garage Priced from:
Expected Rental Yield
Plus – don’t forget the NSW Government changes to Stamp Duty for constructing houses – no Stamp Duty payable for houses under $600K.
Disclaimer Please note that the information provided in this presentation is general information only, is subject to change without notice and should not be relied on as a substitute for legal, financial, real estate or other expert advice. Whilst great care has been taken in its preparation, Property Sauce and its subsidiary companies disclaims all liability and responsibility, including for negligence, for any direct or indirect loss or damage suffered by any person arising out of any use or non-use of this document or any information or material from it. Nothing in this presentation, including the comments and remarks of the presenter, should be considered as financial or accounting advice. This presentation may contain forward looking statements about the companyâ€™s or developerâ€™s developments and/or areas estimated performance, infrastructure, construction time, inclusions, economic factors, loan products and other items, some of which are from third party providers. These statements involve risks and uncertainties, and actual results may differ. The company assumes no obligation to update any forward looking statements or information, which speak as of their respective dates. All information contained herein is gathered from sources we believe to be reliable. We have not verified that every piece of information is accurate, and do not have any belief one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on for discussion. The builders and/or developers represented reserve the right to make minor changes to the developments to comply with local council or other guidelines. All interested parties should make and rely upon their own enquiries in order to determine whether or not this information is, in fact, accurate and suitable for their specific circumstances, needs and objectives