The Hunter Valley Region is well renowned for tourism and for the production of wine. It also happens to be the centre of New South Wales’ mining resources sector and the quiet achiever of the mining town property investment locations in Australia.
When it comes to mining town investment for the Everyday Property Investor, the Hunter Region has so much to offer. Its an area that is well established, it is only a couple of hours from our biggest city, Sydney, and it has industry and economy that is not only dependent upon the fortunes of mining companies in the area.
Newcastle is the currently largest coal port in the world (though could be surpassed in the not to distant future by another great Australian mining region). It’s a big city with all of the facilities, including education, hospitality, medical services, retail and more. Moving closer to the mine fields, you have Maitland and Cessnock, both large regional towns of their own and then you have places like Muswellbrook, Aberdeen, Branxton, Kurri Kurri and Singleton.
Location | Median Price | 12 mth Capital Growth | 5 yr Capital Growth | 10 yr Capital Growth | Median Advertised Rent per week | Time on Market | Yield |
Newcastle (Suburb – Hamilton) | $460,000 | 4% | 19% | 7% | $410 | 88 | 5% |
Maitland | $255,000 | 1% | 1% | 14% | $320 | 94 | 7% |
Cessnock | $240,000 | 1% | 23% | 9% | $300 | 88 | 7% |
Kurri Kurri | $249,000 | -2% | 28% | 9% | $300 | 62 | 6% |
Muswellbrook | $312,000 | 13% | 29% | 10% | $370 | 90 | 6% |
Branxton | $315,000 | 9% | 32% | 12% | $395 | 61 | 7% |
Singleton | $372,000 | 9% | 28% | 11% | $400 | 105 | 6% |
The Hunter Valley is affordable, offers good growth potential and cashflow returns, particularly with some manufactured growth strategies such as those used by our good friend, Jo Chivers from Property Bloom, and is well worth a look for the property investor.