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The
Propertybuyer

Podcast

Hear the latest weekly insights into the property market via podcast by Rich Harvey, CEO and founder of Propertybuyer.

 
Fri 29 Nov '24 with Rich Harvey How to Make Better Financial Decisions
 
 
Fri 15 Nov '24 with Rich Harvey How Will the Future of the Real Estate Industry Evolve?
 
 
Fri 1 Nov '24 with Rich Harvey Sydney’s Lower North Shore - Perspectives and Insights
 
 
Fri 20 Sep '24 with Rich Harvey How to Invest or Buy Commercial Property
 
 
Fri 6 Sep '24 with Rich Harvey Breaking Gender Barriers, Creating Empathy & Other Empowering Strategies
 
 
Fri 23 Aug '24 with Rich Harvey Where to invest for around $500k?
 

 

Listen to many more
podcasts on our
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Propertybuyer Blog
Property advice, market updates & more

 

More infrastructure development underway in Sydney

July 15, 2014 / Written by Rich Harvey

 

By Rich Harvey, CEO, propertybuyer.com.au

We've talked before about how important infrastructure can be to real estate values, and based on a recent report from Knight Frank, we're far from the only ones keeping a close eye on how development in Sydney is set to benefit those buying investment property.

Knight Frank's Asia-Pacific Residential Review Special Analysis: Transport Infrastructure and Residential Hotspots June 2014 highlighted the Harbour City's Inner West as a region to watch.

"The recently completed extension to Sydney's light rail network has added nine new stops between Lilyfield and Dulwich Hill; connecting train and bus routes in the Inner West as an alternate passage to the Sydney CBD," the report stated.

"In the three months leading to the maiden journey in March 2014, apartment prices in the suburbs of Leichhardt, Haberfield, Summer Hill and Dulwich Hill averaged capital growth of 3.6 per cent, trending above the 2.3 per cent experienced across Sydney."

Of course, the Inner West is far from the only area savvy investors may be interested in.

As Your Investment Property reported on July 1, construction on a $1.6 billion light rail network for the Sydney CBD and south east is on the horizon in early 2015. Meanwhile, $400 million is set to be poured into the development of a light rail system in Western Sydney.

This comes on the heels of infrastructure news surrounding the airports found in New South Wales' capital city. Not only was a brand new airport recently announced for Western Sydney - a development that is forecast to add thousands of jobs to the region - but the NSW government and Sydney Airport are joining together to fund a package for improved ground transport to make it easier to travel to the existing airport.

Now might be the time to find the right buyers agent in Sydney who can help you make the most of these developments.

The Propertybuyer
Podcast

 
Fri 29 Nov '24
with Rich Harvey
How to Make Better Financial Decisions
 
 
Fri 15 Nov '24
with Rich Harvey
How Will the Future of the Real Estate Industry Evolve?
 
 
Fri 1 Nov '24
with Rich Harvey
Sydney’s Lower North Shore - Perspectives and Insights
 
 
Fri 20 Sep '24
with Rich Harvey
How to Invest or Buy Commercial Property
 
 
Fri 6 Sep '24
with Rich Harvey
Breaking Gender Barriers, Creating Empathy & Other Empowering Strategies
 
 
Fri 23 Aug '24
with Rich Harvey
Where to invest for around $500k?
 

 

Listen to many more
podcasts on our
Podcasts page.