Investment Property Area of the Month

Investment Property Area of the Month

THORNTON – NSW

Located 25kms from the CBD of Newcastle, and within close proximity of Maitland, the Central Coast and the Hunter Valley, Thornton is the epicenter of the region’s fastest growing area.

Thornton sits approximately 5 mins from the M1 Motorway and 10 mins from the Newcastle Link Road & Hunter Expressway. It has been nicknamed “Newcastle West”, with significant new develops occurring in the area.

A few new key infrastructure developments happening include;

• $377m Stockland shopping centre upgrade at Greenhills (4 mins away)
• $900m upgrade of Newcastle airport (rumour has it, it may host an international terminal)
• $400m development of regional hospital (3 mins away)
• New child care centres and retirement villages being set up also
• Close to University of Newcastle Campus (Callaghan) and Newcastle CBD Campus

Other Key Facts:

• 8% Capital Growth already, with immense capital growth prospects
• 85% Rental vacancy (shortage of rental properties)
• 50% decrease in the 2015 unemployment figures

Thornton is a great area for those wanting to invest in a property within the NSW region! We have many properties available in and around this area on our stocklist and can find the right property to suit your needs.