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Eastbrook Links Estate, Muswellbrook NSW

Disclaimer

This Property Report is a publication of Property Sauce Project Marketing and is produced for the purpose of providing information on properties available for sale (“Property Report”). The information provided in the Property Report is not extended to constitute financial or investment advice, and it has not taken into account and has no knowledge of your relationship to the particular investment needs, objectives or circumstances (whether financial or otherwise) of a user of the information contained in the Property Report. Appropriate professional advice should be obtained prior to acting on any of the information contained in the Property Report. By using the report the recipient acknowledges that: • No representation or warranty (whether express or implied) is given concerning the information therein contained, nor is any form of liability accepted for the making of any statement or reproduction of any table or schedule or any other information directly or indirectly concerning any property or associated matter • All information contained in the Report is believed by Property Sauce to be true and correct • Property Sauce does not guarantee the information and any prospective purchaser of a property must rely on their own inquiries and professional advisors • The Property Report is a report using data supplied to Property Sauce by various third-party suppliers of relevant property information. Neither Property Sauce, relevant third-party information sources, or any of their officers, employees or agents gives any warranties nor accepts any liability for any decision with respect to investment or non-investment, sale or purchase of residential (or other) property which is made as a consequence of using this Property Report

Contact Details: 02 9571 7650 or info@propertysauce.com.au

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Project Overview

Eastbrook Links Estate Musselbrook

Muswellbrook is nestled within the rolling hills of the Upper Hunter Valley and is world renowned for its thoroughbred horse studs, magnificent wineries and great natural beauty. Rich farming country is surrounded by high sandstone cliffs, the Hunter River runs through town and the vast Wollemi National Park is nearby. Comprising around 1100 lots in total, this master planned community is perfectly positioned for growing families, retirees and investors alike.

For the golfing enthusiast, it’s directly opposite Muswellbrook Golf Club where you, as a resident or investor of Eastbrook Links Estate, will enjoy special membership privileges.

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Stages 1 to 6 - minimal blocks available.

Stages 7-10 SOLD OUT

Stages 11 & 12 are now selling with Stage 12 nearly sold out already.

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Location

The property is situated in one of the hotspots for growth in the Muswellbrook area. The Shire of Muswellbrook is the centre of a region commonly referred to as the Upper Hunter and is 130km from Newcastle and 285krn from Sydney. The current population is 16391. Muswellbrook is approximately a 3 hr drive from Sydney. 1 hr 45 mins drive from Newcastle and 1 hr 30 mins drive from Tamworth. There are major arterial road networks linking Muswellbrook north, south and west. Also the rail network caters for passenger and industrial needs allowing transport of both passengers and commodities south to Sydney. The Newcastle airport caters for direct flights to and from Melbourne, Brisbane, Sydney, the Gold Coast and Canberra.

Demographic Profile

The population age profile shows that Muswellbrook Shire has a lower age profile than either the Hunter or the state. The proportion of the Muswellbrook LGA aged 10-19 is higher than for the Hunter Statistical Division and the state. The 30-39 year age group was significantly higher in the Muswellbrook LGA than for the Hunter Statistical Division and slightly higher than the state. The percentage of Muswellbrook Shire residents in the 40-54 year age group was only marginally higher than for the Hunter and the same as the state. In all of the older age groups (50-59, 60-69 and 70+), the Muswellbrook Shire had significantly less residents than for the Hunter and the state.

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Household Income

The average full-time yearly income for Muswellbrook was higher than the State average at $46,795.00 (Source: Australian Bureau of Statistics August 2008). As at December Qtr. 2008 Muswellbrook’s unemployment rate stood at 3.3% (Department of Employment and Workplace Relations -Labour Market Information Portal) The labour market is over heated by the high demand generated by the mining sector and it is expected that commensurate population growth will continue as mines continue their ‘employ local’ policies to complement their fatigue management strategies. Muswellbrook Shire has a dependency ratio of 35% on its top 10 industries, with coal mining the mainstay of the economy providing direct employment to 16.2% of the Shire’s population. The Shire’s second highest industry employer is agriculture with 7.3%, including wine production, equine, and dairy farming industries. (Hunter Valley Research Foundation 2008). Power generation supports 3.09% of the population, whilst retail supports 2.57% of the population.

Industries Mining The extraction of coal from within the Shire is set to double over the next four years with the projected increases in excavated coal: from Mount Arthur rising from 13 million tonnes per annum (MtPA) to 28 MtPA; Bengalla from 8 MtPA to 10.7 MtPA; the commencement of 10.5 MtPA from Mangoola; the commencement of extraction of 10.5 MtPA from Mount Pleasant; and the continuation of operations at Drayton and Muswellbrook Coal (both of which have expansion plans in the medium to longer term). The Shire is situated at the approximate midpoint between Tamworth and Maitland and the Shire sits at both the infrastructure intersection (both road and rail) and proximate convergence of the Gunnedah, Western and Hunter coal fields. For that reason higher than typical industrial (coal mining services) and retail growth is anticipated when compared against other rural or regional areas within the State.

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Power Generation Muswellbrook Shire is the home of Macquarie Generation’s Liddell and Bayswater power stations which employ approximately 610 persons and generate the equivalent of 40% of the State’s electricity. The State Government has given approval to a concept plan for a third power station in the region (Bayswater 2). Early planning suggests 2/3rds of the labour and contract services necessary for the construction and operation of the plant will be sourced from within the Shire. Agriculture The largest horse stud in Southern Hemisphere is located within Muswellbrook Shire, recognized as one of the best in Australia for raring thoroughbred horses. In addition, industries including viticulture, beef grazing within the Shire.

The Hunter Region

The Hunter region of New South Wales is an impressive economic growth story that spans over 200 years, the last ten of which could be described as the most spectacular. With a population of over 610,000, it is the largest regional area in Australia and home to more people than the state of Tasmania, the Australian Capital Territory or the Gold Coast. The last decade has seen strong population growth as people relocate to the region from other parts of Australia. Covering an area of 31,000 square kilometres, the Hunter is administered by eleven local government councils centred on the City of Newcastle. The region is a significant contributor to the NSW economy. It has emerged from a largely industrial, coal and wine producing past to become the diverse industrial base, with its rapidly growing services and commercial sectors, that it is today. The Hunter is home to one of Australia's most dynamic communities. A long held ethic of hard work has consistently helped the region capitalize on its wealth of natural resources to deliver growth. More importantly, the Hunter has not shied away from change, displaying a willingness to adapt to the demands of Australia's increasingly diversified economy. One of the region's greatest assets is its huge coal reserves which historically have been the foundation for much of its economic growth. As productivity has increased with the advent of open-cut coal mining, low cost coal has seen the region become one of the State's major electricity generating areas. The Hunter now boasts six coal fired, base-load power stations that supply electricity to the national grid. In turn, the supply of low cost electricity has seen two aluminium smelters make the region one of Australia's leading aluminium producers. As demand from China for coal has grown so too has the Hunter's capacity to fill that market. Today, Hunter coal represents 82 per cent of all coal mined in NSW, of which over 90 million tonnes worth more than $6 billion were exported through the Port of Newcastle - the world's largest tonnage port - in 2008. With work already started on a third coal loader this will increase to 180 million tonnes by 2013.

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The Hunter's coal mining industry sustains a range of support industries from manufacturing to research and education as well as being an important source of job growth. The Hunter Coal Industry has stated that there will be an additional 25,000 direct mining jobs in the Hunter mines in the next 4 years. Manufacturing is another growth industry in the Hunter. Drawing on the skills honed over the 80 years that the BHP steel works were in operation, manufacturing companies in the region have diversified and are gaining markets for their products in Australia and overseas. At the heavy end of the manufacturing spectrum, Newcastle has long been recognized as a leading ship building port. In recent years, this sector has seen the dawn of a new era. Hunter companies are utilizing the latest technologies to build and maintain large naval and cargo ships as well as world-class luxury mega yachts. The defence industry plays a significant part in the regional economy with two major military bases located at Singleton and Williamtown. Singleton Army Barracks is the main training facility for the Royal Australian Infantry Corp while the Royal Australian Air Force Base at Williamtown is the operational home for the F/A18 and BAE Hawk 127 Lead-in Fighter as well as other support units. Both facilities have been functioning in the region since World War II and have come to depend upon the region for support services. This has led to a Defence Supply culture, with many businesses and manufacturers developing high technology capabilities for the military as a whole. Education and research are critical in the Hunter's competitive outlook. Leading the way are the University of Newcastle; a dynamic, research intensive university ranked in Australia's top 10, and the Hunter Institute of Technology (TAFE), which has campuses throughout the region. Both institutions work closely with business to enhance the region's skill base. Newcastle University's research activities are highly respected throughout Australia and the world. At the forefront of these activities is the Hunter Medical Research Institute which is renowned for its ground breaking research. The Hunter Valley Research Foundation, Australia's oldest regional research organisation, also makes a vital contribution to the region's development, primarily dealing with local economic, social, demographic, environmental and quality of life issues. Not to be overlooked, the Hunter has a diverse portfolio of tourism assets. These extend from dolphin and whale watching in Port Stephens to bushwalking in the World Heritage listed Barrington Tops and exploring one of the oldest and most famous wine growing regions in Australia. National parks and extensive waterways add a further dimension to a tourism industry that sees 6.3 million people visiting the region each year. The region is also famous for its thriving viticulture industry based in the Hunter Valley. In 2003-04 almost 4,500 hectares of grapevines were planted producing 28,000 tonnes of grapes. Regional wine sales totalled almost $203 million in the same period, of which $38 million were from export. The wine industry and tourism industry that complements it are significant contributors to the regional economy. The area known as the Upper Hunter has attracted some of the world's richest horse breeders, bringing with them substantial capital investment. Centred on Scone, the Hunter's equine industry produces 70 per cent of Australia's thoroughbred foals, making it the nation's key equine region.

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The Hunter has a highly efficient transport network, incorporating Australia's fastest growing regional airport, Newcastle Airport at Williamtown. In December 2005, Newcastle Airport Limited completed an $8.25 million expansion of their passenger terminal and in 2006 expanded their car parking facilities to accommodate a fast growing market. As a result passenger numbers have soared from 214,000 in 2003 to over 1 million in 2010. Qantas, Virgin and Jetstar offer scheduled services from Newcastle to the major capitals and regional destinations. The airport precinct includes the Royal Australian Air Force Base Williamtown, Jetstar National Heavy Maintenance Base and BAE Systems Australia Military Support facility. An aerospace centre is also proposed. The continuing growth of the Hunter's diverse industry base has resulted in an expanding residential population. This has created new reasonably priced residential housing estates with the most notable growth areas being Maitland, Singleton and Muswellbrook.

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House Design

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An architect-designed investment home with a stunning range of inclusions on a generous block in a high growth location. This Stylish Four bedroom home is ideal for the whole family. Designed with formal lounge and flowing open plan living areas.

• Architect designed with pre-selected exterior finish and colours.

• Colorbond roof, fascia & gutters. • Wall and ceiling insulation. • 2 x split-system air conditioners. • Pre-selected front feature door with quality locks.

• Custom kitchen with extensive overhead cupboards & shelving.

• Stainless steel cooktop, under bench fan-forced oven, range hood & dishwasher; 1.5 bowl

stainless steel sink with quality flick mixer.

• Custom cabinetry throughout. • 2 x TV points plus aerial with booster if required. • Quality floor coverings, generous floor tiling and vertical blinds where applicable.

• Fully fenced with landscaping and turf to entire block.

• Automatic motorised panel lift garage door.

• Stencilled concrete driveway, patio and paths.

• Treated pine retaining walls (if applicable).

• Seven year structural guarantee. • Site works allowance. • Muswellbrook Shire Council Fees

Price $378,522 (full turnkey).

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Duplex Design

An architect-designed Duplex with a stunning range of inclusions in a high growth location. This Stylish Three bedroom home is ideal for the whole family. Designed with formal lounge and flowing open plan living areas.

Price $285,000 each.

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Rental Appraisal

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For any enquiries contact Property Sauce on 02 9571 7650 or at info@propertysauce.com.au