Are you considering buying an investment property? Then you need to seriously look at Newcastle. Only 2 hours north of Sydney and can offer you more affordability and better rental returns. Newcastle and the surrounding Hunter region comprise Australia’s seventh largest city and NSW’s second largest metropolitan centre. The region is currently experiencing an unprecedented level of investment across a number of key sectors including those featured in the image below. With a total of 15% price growth for Newcastle is forecast over 2014/15 and 2015/16, according to the QBE Housing Outlook. This is anticipated to increase in 2016 as affordability in Sydney becomes more challenging and outward migration picks up.