Public and private spending into regions increases land values and creates a higher demand, with more residents relocating into a region due to better employment, education, transport or entertainment opportunities.
When it comes to investing into the property market, it’s important to ensure you are maximising the ‘effortless advantage‘ or value uplift from public investment into new or upgraded infrastructure and amenity. Public and private spending into regions increases land values and creates a higher demand, with more residents relocating into a region due to better employment, education, transport or entertainment opportunities.
South East Queensland is currently the front runner for the biggest City Deal in the nation. As one of the fastest growing regions in Australia, SEQ will be transformed by a $58 billion boost over the next 25 years.
The Sunshine Coast is Queensland’s strongest property performer at present spurned on from a massive $20 billion infrastructure pipeline of projects.
And one of those projects is about to be unveiled on March 28, with the Sunshine Plaza officially opening it’s $440 million redevelopment. The redevelopment will see Sunshine Plaza become the first super-regional shopping centre north of Brisbane and is expected to generate 2300 additional retail jobs for the region on completion.
“Sunshine Plaza now has some of the biggest national brands and most sought-after specialty stores, so locals no longer need to travel to Brisbane for their ideal shopping experience — everything they need, and more, is right here.” Gary Horwitz, Lendlease Managing Director of Retail.
Data and image source: Sunshine Plaza Redevelopment
For people interested in investing in property it’s encouraging to note that despite what you may read in the main stream media consistently, Australia contains multiple other property markets outside of Sydney and Melbourne, and these markets do not rise and fall on the same tide.
Read moreThe Sunshine Coast has beaten Brisbane and the Gold Coast to lead Queensland growth prospects, the latest Hotspotting report has found, thanks to a massive $20 billion infrastructure pipeline of projects either completed, in the process or in planning.
Read moreThe fundamentals for SEQ remain strong and it has been cyclically ready for some time now. However, regulatory measures to control Sydney and Melbourne, combined with media reporting that has been mostly negative, has created a level of sentiment that has hampered the SEQ market from reaching its full potential.
Read moreAttracting a high volume of both interstate and international businesses, the increased speed will provide a range of new opportunities and give major data-intensive companies such as Facebook, Google, Amazon and Microsoft the opportunity to revisit the benefits of where they locate their Australian investments.
Read moreA locational advantage is critical. People move to coastal regions to have a connection to the water, and they buy investment there for the same reason – the emotional connection. Prime locations are close to amenity; walking distance to water and public transport, nearby shopping, restaurants and entertainment.
Read moreI’m often asked what is the key to the success of Mosaic Property Management. The answer is a multitude of things – a culmination of quality service, always going above and beyond, and we’re leasing Mosaic product; because at the end of the day, the quality of the property for rent is also critical to the success.
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