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Newcastle and the Hunter Valley have been identified among the nation's top regions for property investment, by a panel of industry experts.
Property magazine Smart Property Investment has published its annual fast 50 suburbs ranking, which includes 11 regions in New South Wales.
The top picks include the Hunter Valley, Newcastle and Cessnock.
The strength of the Hunter's mining sector has contributed to the strong showing, along with its relatively affordable housing.
Smart Property says the hotspots were chosen based on a range of measures including population growth, demand for housing, income levels, employment vacancy rates, previous capital growth and current rental yields.
The top 11 regions in New South Wales also featured Dubbo, Bathurst and Gunnedah.
Smart Property Investment Editor, Phillip Tarrant says overall the top 50 list highlights the growing investment potential of regional areas, compared with capital cities.
He admits the current market remains challenging and anyone looking to make a "fast-buck" without doing the right research could get their fingers burnt.
Topics: housing-industry, business-economics-and-finance, newcastle-2300, cessnock-2325, muswellbrook-2333
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