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Developers bypassing Sydney to spend their millions building in Amazing Newcastle – No. 1

Sydney is missing out on new high-quality apartments as developers increasingly head north to Newcastle to take advantage of strong population growth, huge infrastructure investment and more affordable living. The city, 160 kilometres away from Sydney, is experiencing a boom in high-quality apartment construction, with supply predicted to continue well into the future. “Newcastle is a smaller city and it’s probably a different level of financial commitment while the councils in Sydney are different,” said …