A Whole New Town - Huntlee

This month’s featured property is a great opportunity to benefit from buying in at the beginning of not just an estate, but an entire new town.

By the time it is finished in 2035, Huntlee, set in scenic Hunter Valley Wine Country against a backdrop of the Great Dividing Range, will house more than 20,000 people, more than many towns. It’s 20 minutes to local centres such as Maitland, Singleton and Cessnock, while Newcastle and its airport are only 50 minutes away. 

Huntlee Town will consist of four villages organised around a town centre. Each village is designed to be a walkable neighbourhood.  Shady tree-lined streets will lead to village centres that will cater for the daily necessities. 

In addition to shops and entertainment facilities, there will be 6 pre schools and daycare centres, 5 primary schools, two secondary and a TAFE. With master planning comes a range of excellent parks, bicycle and walking paths. Over 160 hectares has been designated open space while 5 000 hectares have been preserved for conservation. 

We have available a 4 bedroom 2 bathroom double garage home on a 420m2 block. The purchase price is  $446,200, however the developer has offered a $7500 rebate on settlement of the land reducing the turn-key price to $438,700. Expected rents for the property are in the vicinity of $400 to $410 per week. 

It’s a great opportunity to get in at the earliest price for this promising development. Typically when the infrastructure such as schools and shopping become operational there is a spike in value. This infrastructure is already being built. We believe this property is best suited to people who have at least 20 years until they retire, as the strong potential for capital growth is likely to be fully realised when Huntlee is fully developed in 2035.