Newcastle Review – Mega Logistic & extra-ordinary.
With one of Australia’s largest bulk ports and a thriving international airport, Newcastle is also serviced by a rail and road infrastructure with direct links to Sydney, Melbourne, Brisbane and the surrounding giant Hunter Valley agricultural and mining regions.
This magic combination of air, rail, road, and sea facilities is rare both nationally and internationally. So rare, in fact, that a recent government report* refers to Newcastle as a ‘mega-logistic region’, which gives the city of Newcastle a distinct competitive advantage as an industrial hub.
And Newcastle has substantial upside for the years ahead: Newcastle Airport is soon to undergo a significant upgrade with a second runway and additional Defence Department infrastructure, both of which will stimulate local suppliers. And over at the Port of Newcastle, plans are in place for a new mega container terminal.
The recent boom in on-line shopping has lead to surging demand for industrial property for warehousing and logistics. With the shift to employees working from home and a trend towards decentralisation in living arrangements, Newcastle seems ready to benefit from a population boom. Wouldn’t you rather live in Newcastle, with the beaches, great weather, affordable housing and all the capital city benefits?
All of this combines to make Newcastle development a compelling proposition for industrial property investors. Please view an example of a recently acquired property investment for a new property syndicate in the Newcastle area HERE
Helpful Links & our sources
*Government report (Complementary Freight and Supply Chain opportunities in the Port of Newcastle and Newcastle Airport)