MEDIA RELEASE FOR IMMEDIATE RELEASE
Infrastructure
spotting
9 February 2010
Major infrastructure projects are a proven driver of rental growth and values growth
for real estate in Australia, so investors and homebuyers wanting to get the best
return from their purchases could do well to follow the infrastructure.
Australian Property Investor deputy editor Matthew Liddy says new transport
infrastructure can create significant new demand in a capital city suburb because it
makes access to the CBD and all its attractions much easier.
Infrastructure projects such as new freeways, bridges and railway lines have an
ability to reshape property markets like nothing else, Liddy says.
On the other hand, infrastructure projects such as new or expanded hospitals or
universities can also drive demand for nearby property, as many staff and students
want to live in surrounding areas.
Investors who purchase property during the construction phase of major
infrastructure projects can realise significant returns on their investments, though its
vital to get the timing right. It can be risky to purchase when a project is first
announced, as there are plenty of projects that never get off the ground.
Its also important to keep in mind that you want to be close enough to the new
infrastructure to gain the benefit of, for instance, faster access to the CBD via a new
roadway, but you dont want to be so close that youll hear the traffic whizzing past
your front door.
Australian Property Investor has identified some of the major projects happening
around the country that have the potential to affect property markets. Contact API for
more details on important infrastructure projects in your capital city.
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FOR FURTHER INFORMATION, INTERVIEW CONTACTS OR PHOTO
OPPORTUNITIES:
Please contact Eynas Brodie
Editor, API
W: (07) 3720 9422
E: editor@apimagazine.com.au