Why invest in New South Wales? The First State…
NSW is located in the upper south-east corner of the Australian continent and is the most populous and heavily indusrialised State in Australia, with a highly urbanised population. NSW has over 6.5 million residents with 80% of the population concentrated in the metropolitan areas of Sydney and the neighboring cities of Newcastle and Wollongong. Sydney is the State capital and is Australia’s largest city with a population of over four million and one of the world’s great seaports. It is also an important international finance centre with over 550 global companies. The total area of the State is 802,000 km2 or 10.4% of Australia’s total area includes Lord Howe, a small island in the Pacific Ocean. 
Sydney is considered Australia’s most costly city with land prices consistently outpacing inflation. The house and unit prices have recorded continual growth in prices. The annual compounding growth rate over the five years ending September 2004 was 12.1% for houses and 9.1% for units. NSW lies in the temperature zone and the climate is generally free from extremes of heat and cold. The greatest heat is generally experienced in the north–west; the coldest region is the Snowy Mountains. Rainfall varies widely over the state. The basis of the State’s economy is the agricultural and pastoral industries, a broadly based manufacturing sector, ample stocks of coral and highly developed service industries. NSW generates more than 35% of Australia’s goods and services and sends more 60% of its exports to Asia - a larger amount than any other Australian State. NSW attracts more than a third of all foreign investment into the country. The main public transport services are owned and operated by the State Government and include 13906 km’s of railways, bus services, port and harbour facilities. For more information please Contact Us or request our Property List to access Researched Properties in New South Wales. |