Now Stage 7 of Bridgman Ridge, the most significant residential land release, is happening next Tuesday, November 30

In 2013 the Singleton Argus reported on the first residential land sales of the staged development of 450 building blocks in the Bridgman Ridge housing estate.

This land joining Hunterview in the east and The Retreat in the west has proven to be a popular housing estate for the Singleton community.

NEW RELEASE: Peter Dunn and Lorn aHickson, Peter Dunn Real Estate, Singleton are preparing for the next stage of the Bridgman Ridge

NEW RELEASE: Peter Dunn and Lorn aHickson, Peter Dunn Real Estate, Singleton are preparing for the next stage of the Bridgman Ridge

Now Stage 7 of Bridgman Ridge, the most significant residential land release, is happening next Tuesday, November 30, and in keeping with the evolving nature of real estate and technology the lots will be sold by online auction.

Selling Agent, Peter Dunn said "The interest here has been remarkable, from local buyers and from far and wide proving the quality of the release."

"They are in a quiet, no through road area, elevated in their position and on the edge of the development, actually all offer reserve views that will never be built on," he said.

"Add to this, the quality of the finish and size with most over 810 square metres, it presents a golden opportunity for the buyer to acquire residential land in a growing and prosperous regional town."

Singleton Council have reported a surge in development applications across their local government area in recent months for not only residential housing development but also for commercial, industrial and tourism projects.

It augurs well for the future of the region when it comes to economic development and a growing a diverse economy.

House prices continued to rise across the nation in September and have now grown by more than 20 per cent in the past year, the fastest pace since mid-1989.

With prices in the metropolitan areas reaching new record highs the attraction of regional and rural Australia becomes ever more enticing.

Real estate values across the Maitland, Port Stephens, Cessnock, Singleton, Dungog, Muswellbrook and Upper Hunter local government areas, are also continuing to rise sharply to record highs.

Even at these new price levels investing in Singleton and the Upper Hunter remains highly attractive given the region's proximity to Newcastle and Sydney.