Within Cessnock City and the surrounding Lower Hunter region, the outlook for the construction sector is extremely positive.
The Hunter Region is Australia’s largest regional economy and one of the fastest growing regions in Australia. Within the Hunter, Cessnock is a nominated growth area. The new town of Huntlee, which will have a town centre with retail and commercial hub, business-park and 7,500 residences to accommodate upwards of 20,000 people, is being developed in the north west of the City. In addition there are nine large urban land release areas spread throughout the City that will accommodate a further 13,000 new dwellings.
Lower housing prices in Cessnock City, is also creating opportunities for redevelopment. Older houses on attractive large lots in and around appreciating suburbs of Cessnock and Kurri Kurri are routinely being purchased with the view to ‘knock down and rebuild’.
Cessnock City is also attracting an increasing number of ‘tree changers’ moving to rural and rural-residential properties, creating demand for both new construction and renovation services. Local and region construction trades are in high demand, and this is anticipated to continue long term.
Development, in Cessnock City and the surrounding region is driving demand for:
- Planning, design and certifying services
- Excavation and earth moving
- Engineering and civil works
- All building trades for construction of new buildings, renovations and extension of residential, commercial, industrial and rural buildings
- Landscaping and gardening services
- Property maintenance services