Infrastructure Spotting

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9th February 2010, 12:00pm - Views: 887





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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 it’s

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.


“It’s 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 don’t want to be so close that you’ll 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.




# # # ENDS


FOR FURTHER INFORMATION, INTERVIEW CONTACTS OR PHOTO

OPPORTUNITIES:

Please contact Eynas Brodie

Editor, API

W: (07) 3720 9422  

E: editor@apimagazine.com.au






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