Singleton
3 Central Street Labrador QLD
4 Railway Street
Southport QLD
50 Broadhead Road,
Mudgee NSW
64 Henry Bayly
Drive Mudgee NSW
Catalina Estate Batemans Bay
South Grafton
Singleton
Prime Area For Investment
Singleton is a prime area for investment here in the Hunter Valley – and it’s easy to see why.
House prices in the area over the course of the last year easily surpass $400,000. Growth rates in Singleton are positive, and reflect the area’s status as a steady accumulator of property value. On a compound basis, the growth rate since 2016 has been close to 5%. Unit prices sit at around $240,000.
All property investors ought to have an eye on the longer-term, fully-rounded potential of their investment – and that includes rental potential. With average rental yields per week of just over $400 here in Singleton, investors can be safe in the knowledge that there is demand for property occupation even aside from resale values.
Statistics from the government of Australia, meanwhile, paint a picture of positive demographic trends. Demand for family homes is understandably large given the presence of over 1,200 families in this part of the Hunter Valley – and with median monthly mortgage payments approaching $1,700, financing for families who wish to purchase property is clearly here in abundance.
Overall, close to three-fifths of the population of Singleton work full-time, with another 30% or so working part-time. A wide variety of jobs exist in Singleton, with residents reporting occupations like clerical work, managerial work and professional services. The presence of coal mining jobs as well as the local Hunter Valley wine region ensures the area has a steady supply of work.
