 We've all seen property prices skyrocket post-COVID, particularly in regional areas such as Newcastle and Lake Macquarie. Exodus from capital cities, increase in numbers of people working from home, and a desire to live somewhere with more space and a greater lifestyle has all been part of this shift.
In this post, we detail what this shift to the regions - specifically to the Newcastle and Lake Macquarie area - has had on two primary measures of the rental market: rental vacancy rates and weekly rental amounts. We take a look at how these two measures have changed over the past 12 months across the following broad areas of the region, to provide a snapshot to answer the question "How's the market?":
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At the same time, finding quick answers to complex questions can be hard, just as it can be hard finding the time to research the questions you have! So, we've developed a simple resource to help: PropertySnacks. |
Carnelian Property Management Newcastle NSWWe are a family-owned and run Charlestown real estate agent offering expert property management across Newcastle and Lake Macquarie. Categories
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Carnelian Property Management
1A Chapman St Charlestown NSW 2290 ph: 02 4062 7458 (tenant / general enquiries) m: 0407 065 126 (investor enquiries)
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Copyright © 2021 Carnelian Property Management in Newcastle NSW | ABN 18 624 074 077. Privacy Policy | Complaint Procedure
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Carnelian Property Management
1A Chapman St Charlestown NSW 2290
ph: 02 4062 7458 (tenant / general enquiries)
m: 0407 065 126 (investor enquiries)
Submit maintenance request
Copyright © 2021 Carnelian Property Management in Newcastle NSW
ABN 18 624 074 077
Complaint Procedure
Privacy Policy
1A Chapman St Charlestown NSW 2290
ph: 02 4062 7458 (tenant / general enquiries)
m: 0407 065 126 (investor enquiries)
Submit maintenance request
Copyright © 2021 Carnelian Property Management in Newcastle NSW
ABN 18 624 074 077
Complaint Procedure
Privacy Policy