Newcastle is a coastal city in the Australian state of New South Wales.
Located about north-east of Sydney, at the mouth of the Hunter River, it is the most populous regional centre in the region.
The city's economy largely centres on its harbour and its industrial and manufacturing sectors. Newcastle has an estimated population of 230,000 (2011).
Newcastle was founded by coal miners from Great Britain in 1804 as a planned penal colony to replace Port Jackson as punishment for convicts who had escaped from Sydney Cove.
The whole settlement was abandoned less than five years later but by that time more than 8,000 convicts and their children had been born there.
In 1823 it became one of Australia's first free settlements until it was annexed to New South Wales six years later with mining continuing until 1968 when all mining ceased after much economic upheaval caused by world events.
Newcastle Property NSW 2300
To buy a property in Newcastle, first the buyer should find a real estate agent to help them find the right property.
The agent will show any properties that match their requirements and negotiate with the seller on behalf of the buyer.
Once they have found a place, they should make an offer to buy it as soon as possible.
The offer should be contingent on an inspection of the property and confirmation from a surveyor that it is structurally sound.
If these conditions are met and agreed upon by both parties then there will be an exchange of contracts for sale between buyer and seller, but there still needs to be work done by solicitors before ownership can change hands.
Buying a Property in Newcastle
Conveyancing is the legal process of transferring ownership from one party to another. It is a formal process of change in property ownership.
The legal term for this process is "conveyance," which means "to pass."
This can be done in various ways, for example by handing over the keys or through a mortgage. Our Newcastle conveyancing services are provided by experienced and qualified experts who will help you obtain your desired property at a low cost and hassle free, with no hidden fees.
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I cannot recommend Lorraine and her staff highly enough, I have used them twice now and the process was made so easy, always on hand to answer any questions, emails answered quickly.
Thank you again for your expertise.
Lorraine and her team have worked with me on several sales and purchases. They always kept me informed through the entire process and made it a stress free exercise, I would like to thank them for all their hard work