Lake Macquarie LGA, New South Wales
High levels of residential and commercial building approvals in the past two years attest to the popularity of the Lake Macquarie LGA, on the edge of Newcastle.
Affordability, good long-term capital growth and a relaxed water-side lifestyle are some of the key drawcards.
The broader area of Charlestown, Glendale and Morisset has been identified as a major regional centre, meaning it will attract Government and private funding with a focus on transport.
This, coupled with prices considerably more affordable than Sydney’s, low vacancy rates and good transport links ,opens up opportunities for investors.
This report covers Lake Macquarie, Belmont, Cardiff, Caves Beach, Charlestown, Cooranbong, Edgeworth, Eleenbana, Gateshead, Glendale, Morisset, Mount Hutton, Swansea, Toronto and Warners Bay.