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I would agree with comments re ferry, there's a fair bit of development happening north of the river & people regularly commuting from Anna Bay / Port Stephens to town via Stockton & the ferry. There are some lovely homes over there. I do wonder if prices will stagnate in the short to medium...

I guess that's what building inspections are for. I would imagine dodgy jobs would be reasonably obvious, 15 years down the track. Everyone hunting in Newcastle should also consider flooding risk. Much of inner Newcastle is flood prone, and while it doesn't happen often, if you're in a flood...