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Hunter Valley hasn't got a lot to do with Newcastles economy plenty of other drivers besides mining. Hundreds of millions are being spent on infrastructure from the lease of the port. Mining downturn has just moved to building part of the cycle...

Newcastle is going great guns I've had around 260k worth of growth with bank vals in the last 12 months between 3 properties. My uncle tried to buy a development site in lambton yesterday agent was hoping for low 800s ended up going for 920k 1000sqm corner block with a house and a church...