42 Wakool St Windale NSW 2306 For Sale

DA Approval Backyard granny flat, secondary dwelling, garage carport for Lake Macquarie Newcastle area - Windale

This property is an ideal first investment property for Sydney or Melbourne investors who have equity in their own home or some savings and the goal to be a property investor.

It’s an ideal investment because the total price of the pre-development property is under $400,000 and it comprises a house with rental income and a large backyard with side driveway access.

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QBE Insurance rates Newcastle as one of the best bets for property investors from 2019-2022

Investment Property in Newcastle better than Wollongong because Newcastle economy is growing strongly QBE 2019-2022 report

I’m not sure whether I seem to notice more good news about the Newcastle area because I’ve moved up here or because EVERYONE is moving up from Sydney.

Admittedly I can see all the house and land blocks being built, roads being improved, traffic lights being put in as well as a luxury marina and restaurants and soon to be Pullman Hotel being built, so it must be true!

Here are some stats that I’ve received lately, including the downloadable PDF report from QBE.

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