All Topics / General Property / Callaghan, Newcastle

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  • Profile photo of DeanCollinsDeanCollins
    Join Date: 2015
    Post Count: 376

    Just a heads up that my nephew is starting at University of Newcastle in Callaghan, NSW this month……but that’s not why I’m posting, the reason I’m posting is just been having a chat with him about how hard its been for them to find student accommodation……

    Was really surprised to hear that they are looking at around $180 minimum per week/ per person for even the most basic student accommodations.

    Surely some people must be making a tidy profit there in renting these places out with 3 to 4 students minimum per house (some he said had higher numbers of bedrooms with single bathrooms….)

    Anyway… is what it is, seems like there might be an opportunity for those of you in regional investing. Happy to hear your thoughts if you know the location/situation.

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