In this episode of The Australian Property Podcast, 7-time author Pete Wargent and Reece Marini, buyer’s agent in Newcastle, talk about What’s going in regional NSW property.
Questions asked:
- Can you share a bit about your background?
- What inspired your journey into the property market?
- How did you find yourself in Newcastle or the Central Coast? Are you a local?
- How has the property market in regional NSW evolved over the past decade?
- What are the key factors driving the current market? Is it population growth, the economy, the Sydney exodus, or something else?
- What’s the current dynamic like in regional and coastal NSW?
- What types of buyers are you seeing? Investors, first home buyers, upgraders, commercial buyers?
- Is now a good time to invest in Newcastle or the Central Coast?
- Are property listings increasing with the spring selling season? Could you comment on Domain articles and SQM data?
- Any advice for investors? Which suburbs are showing the best potential?
- Do you have any favourite suburbs or locations? Research highlights Merewether, Adamstown Heights, Terrigal, and Umina Beach as top performers over the past 30 years.
- What’s happening with commercial property deals? Are industrial properties and net yields still strong?
- If someone wants to reach out to you, how can they get in touch?
