We’re excited to announce the release of beautiful apartments in central Newcastle for sale from 18th November. This new development will offer one bedroom apartments from $520,000 and two bedroom apartments from $720,000 to $1,100,000.
This will be a boutique development with completion scheduled for 2024.
The developer is highly respected, knows the Newcastle market well and has a great reputation. Their properties are beautifully designed with a well thought-out floorplan, making the most of natural lighting and views. With quality finishes and appliances, they pay attention to the big details and the small.
Newcastle is an area that is in high demand for buyers and renters alike. The rental vacancy rate as at September 2021 is 1.4% but it has been as low as 0.7% as recently as November 2020.
According to leading property researchers, CoreLogic, apartments in Newcastle have experienced a 6.16% annual capital growth in the past 12 months, with an average annual capital growth of 4.41%
Newcastle has well and truly shrugged off its reputation as being the city of coal miners and steelworkers and has gracefully stepped into the lifestyle category due to its thriving art scene, beautiful beaches and proximity to both the Hunter Valley and Sydney.
Get in early to register your interest in one of these apartments that are sure to be in high demand.
Contact me for details.