Thornton making its mark as property hotspot

It’s easy to see why the city of Maitland in the Lower Hunter Valley is continuing its trajectory as one of Australia’s most popular and fastest growing districts outside Sydney.

As more and more buyers – from near and far – are drawn to the area to take advantage of the affordable lifestyle opportunities it offers, Maitland and its surrounding suburbs are beginning to experience their first double-digit property growth in a decade.

Last year property experts reported several Maitland suburbs achieving a 10 per cent price growth as the booming growth corridor, which includes the thriving suburb of Thornton, continues to attract buyers keen to stake a claim and build a life in the vibrant area.

With the Australian Bureau of Statistics’ latest head count coming in at 81,235, Maitland is on track to reach its projected population of 104,850 by 2036.

The statistics come as no surprise to Project Sales Manager at Robinson Property, Edward Crawford, who has been on the ground at the new community of Wirraway at Thornton since 2015, where land is in demand by buyers keen to move in to the popular area.

‘Thornton has definitely become a real hotspot for buyers and it’s seen an incredible amount of growth in recent times,’ Mr Crawford said. ‘In August, the median house price was reported at $505,000, compared to around $410,000 in 2015.’

‘While we have plenty of locals looking to take their next step on the property ladder, we’ve also noticed an increasing number of buyers moving up from Sydney.

‘We have land available at Wirraway from $245,000, and people are starting to realise they can sell their properties in the outer suburbs of Sydney, buy something up here, and not only have money in the bank, but also a much more appealing lifestyle with an easy commute to work in the Hunter region.’

Sydneysiders making the move to Thornton are drawn by the area’s surprising affordability, accessibility to Newcastle and new social infrastructure.

A boost of private investment in the area, such as the $412 million Stockland Green Hills redevelopment, boasting the Hunter’s first new look David Jones, a Hoyts cinema and the region’s biggest dining precinct, is drawing new residents who are keen to take advantage of the relaxed lifestyle.

‘The area has so much to offer and is central for residents, wherever they work in the Hunter,’ Mr Crawford said.

‘Thornton is less than a 30-minute drive to Newcastle, the same in the other direction to the mines and it’s close to the airport and Port Stephens. What’s more, the Hunter Expressway puts it within easy reach of the vineyards, the M1 Motorway and the New England Highway.’

Thornton itself is well serviced with access to quality schools, childcare, retail centres, transport links, medical centres, hospitals and restaurants.

‘It’s easy to see why so many families are drawn to the area – we see them at Wirraway every day,’ Mr Crawford said.

‘Residents can enjoy having everything they need at their fingertips in their own community, while at the same time having easy access to Newcastle, Sydney, Port Stephens and beyond.’

Interested in building your dream home at Wirraway Thornton? The final land release is on sale now, contact our land sales team on 1800 891 958, or drop in to our sales office at 2 Wirraway Drive, Thornton, Thursday to Sunday, 2 to 5pm.

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