Newcastle is the third-largest city in KwaZulu-Natal South Africa , with a total population of 468 000 citizens. 56,144 of these citizens reside in Newcastle West, whilst the balance of the population resides in the townships of Madadeni and Osizweni, which form Newcastle East.
Newcastle is located in the North West corner of the province along the Ncandu River and is one of the country's main industrial centers, encompassing four industrial zones. Newcastle covers an area of approximately 222 km2 (86 sq. mi) and has a population growth rate of 0.87%, ranking the Newcastle area as South Africa's tenth-largest city.
This city serves the surrounding towns of Utrecht, Dannhauser, Glencoe and Dundee together with maize, livestock and dairy farmers and the country at large with an extensive amount of resources, products and goods some of which are also for export.
The Newcastle economy is strong being dominated by Karbochem, Mittal Steel South Africa(previously ISPAT/ISCOR), the clothing / textile, service and engineering industry. There is also considerable coal mining in the area. Arcelor Mittal produces over 1.5 million tons of long steel products annually.
Although the Arcelor Mittal steelworks, the Natal Portland Cement (NPC) slagment cement plant, the LANXESS Chrome Chemical Plant and the Karbochem synthetic rubber plant (which covers 500,000 square metres (5,381,955 square feet) of manufacturing space) dominate the Newcastle industrial portfolio, there is a wide range of manufacturing undertakings sharing in the success of the region. Heavy Engineering Works such as DCD Dorbyl (DHE) and Boschpick Engineering supply ancillary services to these large concerns and undertake work thoroughout the region and country as a whole. Newcastle has welcomed many Chinese and Taiwanese into the region with the addition of over a hundred textile factories located in Riverside Industrial and Madadeni Industrial Estate.
Current urban development in Newcastle include the new multi-story Civic Centre; the multi-story Newcastle Justice Complex; the newly completed expansion of the Victorian Mall; the Meadowlands Estate in Madadeni (residential estate with an open 30 000 sqm shopping mall); major extension and upgrade of the Madadeni Hospital (set to become a regional hospital), the Vulintaba Country Estate (old Dunblane) in the Drakensberg outside Newcastle. Proposed future projects include the Newcastle Technology Hub, the Amajuba Hydroponic Technopark next to the airport, the Heartlands Dry Port next to the train station and the possible expansion of the Newcastle Airport.
Having all the sporting and leisure amenities enjoyed by major cities, Newcastle also offers its visitors the chance to experience the wonders of the countryside, with the foothills of the Drakensberg Mountains being a short ten minutes’ drive away, in any direction.
The astute Property Investor will do well to invest in this vibrant economic hotspot timeously.