Sydney’s property market remains Australia’s most expensive, with the median house price reaching $1,601,645 in August 2024. Although the city has experienced an annual growth of 6.1%, the pace of growth is tapering off, leaving many buyers feeling the strain. With uncertainty surrounding interest rates, it’s becoming increasingly difficult for those wanting to enter the market or upgrade.
In contrast, the Upper Hunter, particularly Scone, offers exceptional value for money. According to CoreLogic data, the median house price in Scone is currently $635,000, well below both Sydney and the broader Hunter Valley’s averages. Scone has also seen steady growth in the past year, with a 16.5% increase in property prices, demonstrating its potential for both homeowners and investors alike. This affordability combined with rising capital gains makes Scone a standout in the region, providing a more accessible option for buyers seeking both lifestyle and investment opportunities.
The Lower Hunter Valley as a whole offers a median house price of $823,000, but Scone, with its lower entry point, delivers a rare combination of affordability and strong growth. The town’s position within the Upper Hunter allows residents to enjoy the benefits of a regional lifestyle while remaining within easy reach of essential services and infrastructure. The region saw a significant infrastructure boost in recent years, particularly in North Rothbury, Branxton, and Bellbird, but Scone’s ongoing improvements are equally exciting, especially with road upgrades improving access across the region.
Scone’s growing appeal is also driven by its expanding infrastructure. New developments in the area, including the upcoming Hunter Expressway extension, will provide even quicker travel times from Sydney, reducing the commute to just over two hours. Improvements in local amenities such as medical centres, schools, retail outlets, and entertainment venues are adding to the area’s liveability, making it a compelling option for both families and investors.
For families, the Upper Hunter offers a wide range of educational options, with Scone in particular providing access to some of the best schools in the region. St Philip’s Christian College, located nearby in Cessnock, is known for its all-encompassing K-12 education focused on personal development and academic achievement. St Patrick’s Primary School in Lochinvar is a well-regarded institution, offering a strong sense of community and holistic education. Scone Grammar School is a leading independent school right in town, providing a well-rounded curriculum and a nurturing environment for students from kindergarten to Year 12. St Joseph’s College in Aberdeen offers a quality Catholic education with a strong emphasis on moral and ethical values, ensuring students are well-prepared for the future. For those seeking a private education, Hunter Valley Grammar School in Ashtonfield offers a premier experience with an emphasis on both academics and extracurricular opportunities. The range of schools available makes the region particularly appealing to families seeking quality education without the high cost of living in Sydney.
A major appeal of relocating to Scone and the Upper Hunter is the ability to reduce or eliminate debt. With more affordable property prices and the potential for steady capital growth, buyers can secure a home while keeping their financial commitments under control. Whether you’re looking to pay off your mortgage faster or simply live with less financial pressure, moving to this region can provide that opportunity.
Moving to Scone doesn’t just provide financial benefits—it’s about enjoying a lifestyle that blends natural beauty with modern conveniences. Imagine being surrounded by renowned vineyards, picturesque landscapes, and wide-open spaces, yet only minutes away from local cafes, restaurants, and golf courses. Outdoor activities such as horse riding, hiking, and hot air ballooning are everyday experiences in the Upper Hunter. It’s the perfect mix of tranquility and activity, far removed from the traffic and congestion of Sydney, while still offering everything you need for comfortable living.
If you’re considering a location where affordability, lifestyle, and investment potential come together, Scone in the Upper Hunter should be at the top of your list. Whether you're looking to invest in property or seeking a better quality of life for your family, Scone delivers on all fronts.
For more information about available properties and the benefits of making the Upper Hunter your home, contact Dawson Estate Agents. We’re here to help you discover the region’s full potential. Whether you're buying, selling, renting, or seeking investment management, reach out to us at Dawson Estate Agents https://www.dawsonestateagents.com.au/contact-us
Powered by ReNet - Software designed by Real Estate Agents, for Real Estate Agents
