August 10, 2018

Accessibility, liveability and affordability are seeing people flock to secure their dream home in the Lake Macquarie region, just 60 minutes from Sydney.

Recent research by Hotspotting has named Lake Macquarie as one of the top five property hot spots in the state. With Sydney house prices remaining out of reach for many families, the idyllic suburbs around the Southern hemisphere’s largest permanent saltwater lake are becoming increasingly popular – some areas experiencing double-digit growth in the past 12 months.

The growing population is looking to take advantage of affordable stand-alone houses on large blocks seen in new housing developments such as Watagan Park in Cooranbong. Families are drawn to the proximity to the lake, the Watagan Mountains and the availability of walkways and space to play.

As well as offering stunning natural surrounds, the city is benefiting from $135million investment in transport upgrades. Combined with the previously announced work on the M1, the Lake Macquarie Transport Interchange and Belmont Catchment Development Contributions Plan will make moving between Sydney, Lake Macquarie and Newcastle a breeze.

The regional hub’s vast array of amenities is also receiving extensive investment. The Toronto town centre is undergoing a significant streetscape upgrade, and $60million will go towards expanding Stockland Glendale. Other initiatives of this forward-thinking region include the proposed new solar farm from Delta Energy, and the smart city initiatives.

These fantastic local amenities make the region a highly sought-after location to call home, as can be seen by the 14% growth rate in housing prices in the last year. Watagan Park and the surrounding Cooranbong area also enjoys low vacancy rates of only 1.1%, compared to record highs in Sydney of 2.8%.

With demand expected to increase, now is the perfect time to embrace a very accessible and metropolitan outer-city tree change. Embrace a balanced lifestyle for your family at Watagan Park in Cooranbong. Blocks ranging from 450sqm to 904sqm are registered and ready to build on. They are fully connected to services including the NBN, electricity, water, natural gas, and sewerage.

Make a move and find the lifestyle that you have always dreamed of. Enquire now to take the first step towards making this beautiful neighbourhood your home.

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