Australia’s infrastructure pipeline continues to bulge, with the federal government’s recent budget handing down an additional $16.5 billion over 10 years to new and existing road and rail projects.
It’s part of the nation’s big build, with state and federal governments pushing out a raft of new infrastructure projects, from railways and roads, schools, hospitals and energy projects throughout the country – all designed to meet the needs of a growing population.
Infrastructure development and its flow-on effects can have a major impact on property values. So it’s important to understand how it can impact your property investment decisions, for better or worse.