Maitland’s rental crisis.

Maitland renters are paying 33 per cent more for the same accommodation than they were three years ago and demand is unlikely to ease as the end of the first home buyer grant grows closer.

Ten years ago the cost of renting the same house would have been $250 per week. RPData research notes that the national rental rise over three years is 30 per cent.

Read more about the rising rents in Maitland from the Herald.com.au

The news contunies to support the lower Hunter Valley as being a property investment hotspot and saavy investors are buying into the areas now before continued demand procedes to push up demand and thereby prices.

View a map of Maitland here.

Contact us today if you would like to learn about how Forturity can assist you in securing an investment property in this in-demand growth area.

{ 0 comments }

Sydney rental market stagnates

October 27, 2009

Figures published today show the number of vacant rental properties across the city and in Newcastle remained stable at 1.3 per cent in September despite incentives designed to encourage people to buy homes. The number of vacant rental properties in Sydney’s inner suburbs fell only very slightly to 1.4 per cent while the number in [...]

Read the full article →

Terry Ryder on Hunter Valley Property Investment

October 27, 2009

Respected property forecaster and writer Terry Ryder notes the strong prospects for growth in the towns of the Lower Hunter Valley. He writes: ” The first thing that stands out about Hunter Valley towns like Muswellbrook and Singleton is that property values did not fall post-2004. That alone is enough to put a location on the radar [...]

Read the full article →

Invest In The Next Sustainable Mining Boom

October 27, 2009

Australia’s state and federal governments are not alone in the global challenge of creating enough power to support their growing populations. Not only do they need to find ways of producing the power, but they need to do it cleanly as well. This problem is larger for Australia than the majority of countries due the massive [...]

Read the full article →

10 Biggest Mistakes of First Time Property Investors

October 6, 2009

Property Investment is all about making money, not about owning the prettiest property in the street. Many first time investors buy in or around the area they live rather than following a set of dynamics that will greatly increase the chances of success. Another common mistake is to but units rather than houses. Usually because [...]

Read the full article →

Rapid growth of Australias population

September 29, 2009

Australia’s population growth continues to surge ahead despite the world economic slowdown and a reduction in skilled migration. This is creating unprecedented demand for Australian housing. Over the 12 months to March 2009 Australia’s estimated population has increased by just over 439,000 residents, fuelled by continuing increases in net overseas migration and a climbing rate [...]

Read the full article →

Rents In Major Cities Continue to Soar.

September 18, 2009

Rents in major Australian cities will rise by 50 per cent over the next four years, a report predicts. Most major cities had seen double-digit percentage rises in house rents over the past year as advertised listings dropped to a five-year low, Australian Property Monitors said in its March quarter rental series. Read the full [...]

Read the full article →

Australia to be the world’s fastest growing industrialised nation

September 12, 2009

Australia is poised to be the world’s fastest growing industrialised nation over the next four decades, with a rate of population growth higher even than India. In the first quarter of this year Australia saw the biggest influx of migrants in almost 30 years of detailed figures. It gained about 97,000 net migrants in the [...]

Read the full article →

Saddler’s Ridge – Gillieston Heights

September 7, 2009

The doom and gloom is starting to lift, and the media are now printing positive reports about the property market. There are especially good signs for property investment in Maitland NSW. This unique elevated estate, located just minutes west of historic Maitland, provides a panoramic vista of the picturesque semi-rural landscape. The marrying of the [...]

Read the full article →

Property Investment Melbourne

September 3, 2009

Melbourne is an international city with a vibrant arts scene, a multicultural population, cosmopolitan cafes, restaurants and pubs, and world renowned sporting events. It is the country’s second largest city and VIC is its second largest state. The Melbourne property investment market has been one of the country’s strongest for the past decade. With over [...]

Read the full article →

← Previous Entries