You may have recently read that South-East Queensland (SEQ) is a potential front runner to be awarded 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 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.
Given the vast infrastructure spend, and as sentiment improves, there is no other national property market positioned as well as SEQ to capitalise.
So, what does the City Deal comprise?
All three levels of Government (Council, State and Federal) will be brought together to boost infrastructure, economic, development and sustainability priorities. In total there have been 35 opportunities identified, and six key ‘Game Changing’ proposals.
The 6 Game Changers
- Create a 45-minute region by delivering the next wave of public transport projects beyond Cross River Rail and Brisbane Metro to connect key activity and growth centres
- Establish SEQ as Australia’s leading Smart Digital Region by leveraging a new international broadband submarine cable to Sunshine Coast to deliver a digital trade hub and invest a region-wide digital infrastructure
- Connect Inland Rail to the Port of Brisbane and supercharge an SEQ Trade and Enterprise Spine between Toowoomba and Australia TradeCoast
- Set up a three-party Liveability Fund to invest in tailored projects to improve recreational, public and open space
- Ignite the region’s innovation precincts to boost high-value knowledge jobs and a culture of entrepreneurship
- Establish a three-party Regional Coordination Board to support strategic governance and lift cooperation and coordination between levels of government
Invest in Enduring Value & Quality
The Mosaic name is synonymous with enduring value and quality. Whether for lifestyle or investment, we consistently deliver architecturally iconic developments in prime investment locations.