It costs a fortune to build and maintain infrastructure in cities. The good thing about new building from an investors point of view is that it takes some time to complete, is very easy to forecast what might happen and you can position yourself in a strategic location to benefit from the building work once it’s completed as the out performance in capital growth can last for some time after the building work has finished.
At Allen Real Estate we especially like key transport infrastructure such as trains and dedicated bus ways, the ability to walk to and travel conveniently on reliable public transport is worth a premium and that premium is only likely to increase in the future as South East Queensland continues to grow.
Tracking where the large infrastructure projects are going to be built is an easy task these days. Local and state governments do an excellent job of providing forecasts and updates about where your tax payer dollars are going to be invested, it’s a case of watching the money flow and being prepared to follow.