Ryder report: January 2012Resource, mining towns named top residential investment marketsNSW.  Most under-rated market – Newcastle, New South Wales “While it has a lingering image of smoke stacks and hard times, in reality Newcastle is a prosperous city with a pumping economy and a great lifestyle, which presents as a viable affordable alte…[Read more]

Hi,When appraising the anticipated sale price of main road properties, consider the type of road & reduce the sale price by a predetermined percentage.A Highway maybe around 25% a major arterial road maybe 15 to 20% & so on.Imagine picking up the house & moving it a few streets back to a close suburban street, work out what the expected sale pr…[Read more]

Did someone say the Hunter Valley! Plenty of Mining, Great Wine, the most populated regional area of NSW & voted the 7th hottest city in the world for tourists! a very diverse major mining town.

Hi Jonesy06,I`ve been in real estate 12 years & now specialise in selling land & working with builders to offer house land packages.I recieve a call every week from a different property investment spruiker wanting house packages so they can on sell to clients for $30k or $40k more. (we have no interest in dealing with them.)It still amazes me…[Read more]

Yes Kurri is good too, any suburb with easy access to the coal mines, incomes from the mines are huge, its not uncommon to have a young couple both working in a mine & bringing home a combined $250,000 to $300,000 p.a. or more, these high incomes allow for price & rental growth which is just not feasible in other areas.The Hunter isnt just a 1 t…[Read more]

christianb: great advice! & i like your website.

Hi photon,below is a message i left for an investor looking sub $300k, may suit you aswell.if the Hunter Valley is on your radar? check out Greta, its an old school ugly ducking, located within the coal coridoor, still afforable & located between Maitland & Singleton, Singleton workers are the highest paid in NSW (excluding Sydney) Pacific…[Read more]

Hi Thommo,Newcastle Port is largest coal exporter in the world! & constantly growing, & the Hunter valley wont be running out of coal anytime soon. if you are investing in the hunter property market stay close to the infrastucture corridors, as far as suburbs go that`s a personal choice & depends on wether you wish to be next to a coal mine or…[Read more]

Hi Sam,if the Hunter Valley is on your radar? check out Greta, its an old school ugly ducking, still afforable & located between Maitland & Singleton, Singleton workers are the highest paid in NSW (excluding Sydney) Pacific National are building a new train maintnence depot in Greta & McDonalds have a new restaurant going in, there are several…[Read more]

Hi Chazz,I wish you well in your hunt for that next investment property, i dont have the answer for you, sorry, although i did notice the Hunter valley mentioned above, if this area is of interest may i suggest you stick close to areas along the coal rail corridor, there are some great suburbs for investment, although there are also suburbs i re…[Read more]

Hi Jessica,Development guidelines should be available on the local councils website under DCP.In the Hunter valley for single level dual occs, say 110 to 130m2 of IFA (excluding garages) for 3 bedders is fine.Allow circa $600,000 for a turn key duplex, obviously the land price will vary this figure greatly.Your question of how do you make any…[Read more]