We knew this was bound to happen (didn’t you?). Regional cities and towns are where it’s at for ideal living and investing.
Domain.com.au has come out with a great article on the rise of regional areas https://www.domain.com.au/news/regional-areas-on-the-rise-as-sydney-prices-fall/
See the following quick note from our Sales Manager regarding the regions that Hibbards build in, and the latest news that makes them great places to buy for investors based on what’s happening in the region:
Hibbards are now building in 11 growing regional area’s throughout NSW with some major infrastructure projects underway in many of these areas.
Grafton: Pacific Hwy upgrade, New prison under construction and New bridge over the Clarence River: 5y Median House Price Growth 29.3%
Coffs Harbour: Coffs Harbour bypass to start 2020 approx 3-year project: 5y Median House Price Growth 38.4%
Port Macquarie: Now benefiting from Pacific Hwy upgrade & Expansion of University: 5y Median House Price Growth 33.9%
Wauchope: More affordable than Port Macquarie and only 20mins to CBD
Taree: Affordable and 20mins to Old Bar beach: 5y Median House Price Growth 33.9%
Armidale: Australian Pesticides and Veterinary Medicines Authority moving from Canberra to Armidale 2019 (150 staff) 5y Growth 10.5%
Tamworth: Hospital upgrade complete with New England North West Regional Cancer Centre 5y Median House Price Growth 27.4%
Dubbo: Regional Hub for the Central West, Hibbards have completed Stage 1 of The Grange Estate located in Dubbo’s most sort after area’s (400m to golf course) Stage 2 nearing completion. 5y Median House Price Growth 18.9%
Mudgee: Coal mining in this region is in full operation allowing employment opportunities for locals
Orange: Regional hub for Central West: 5y Median House Price Growth 19.7%
Bathurst: Regional hub for Central West: 5y Median House Price Growth 31.5%
Note: Median house price data for the 12 months to December 2018. Source: Domain House Price Report.