The Hunter’s natural resources, coupled with a dynamic and globally competitive economy, has seen billions of dollars invested in the region in recent years by a host of companies, including major national and international corporations.
This robust investment in the Hunter has attracted billions of dollars of property development; bringing new residential, commercial, industrial land and buildings into play to meet the continued demands and growth of the region. Similarly, the revitalisation of Newcastle has fast gained momentum with a wide range of residential and commercial projects already completed, with many more underway and planned – reshaping the CBD and neighbouring suburbs into the future.
New residential development sites, both large and small, are evident throughout the region, but an example of one of the largest and perhaps most ambitious projects is Huntlee – the Hunter’s first new town in more than 50 years and which on completion will comprise four neighbourhood villages surrounding a 200 ha Town Centre. In total, it will boast 7,500 dwellings, representing a total investment of $1.5 billion.
Another more recently announced development is Hydro’s former aluminium smelter at Kurri Kurri which developers Jeff McCloy and John Stevens have recently announced plans for the development of industrial estates, a business park and a new residential suburb named Loxford Waters.
As well as being an attractive business and investment location, the Hunter offers a lifestyle that is hard to match. With its quality art centres and museums, excellent schools, universities and medical facilities, first-rate dining and entertainment, an extensive selection of national parks, pristine beaches and natural waterways, it is little wonder that those who move to the Region seldom leave.
Not only do residents of the Hunter have the advantage of having access to superb cultural, educational, recreational and entertainment amenities, but it does so at a cost of living well below that of the major metropolitan areas across Australia.
For those of us fortunate enough to live here, the Hunter truly has it all – providing an unparalleled quality of life and a great place to live and work.
Image Credit: Destination NSW