More infrastructure development heading to Sydney
July 3, 2014 / Written by Rich Harvey
Excited about the employment and infrastructure possibilities in Sydney thanks to the new airport announcement? News coming out of New South Wales might offer even more reason to consider buying investment property in Sydney.
The NSW government and Sydney Airport will be jointly funding a package intended to improve ground transport options and ease congestion, including the WestConnex Enabling Works.
That last development in particular includes widening different roadways, replacing rail level crossings and much more.
"With 74 million passengers a year forecast by 2033, we're building the road and public transport capacity now to support continued tourism and travel growth", said Sydney Airport Chief Executive Officer Kerrie Mather.
"We've listened to our passengers and are working to make it easier to travel to the airport, whether by car or public transport".
This is in addition to the recently announced airport in Western Sydney, which is set to add thousands of jobs and considerable infrastructure development to the region.
"This airport will be good for economic growth and good for jobs - both in Western Sydney and nationally," Prime Minister Tony Abbott said.
All of these developments have something to offer potential investors in the Sydney area. From high capital growth to a larger pool of potential renters thanks to increased employment, now might be the ideal time to consider purchase options in and around these parts of the city.
Of course, finding the ideal real estate for your specific objectives can be much easier said than done. That's why so many people use the services of Sydney buyers agents that have the experience and expert knowledge necessary to find the right property for a fair price.
Not only can buyers agents help you discover potential properties to buy, they can use their years of experience and local expertise to help you negotiate the purchase.