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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 24 May '24 with Rich Harvey Granny Flats: Boost Your Yields & Faster Mortgage Repayments
 
 
Fri 3 May '24 with Rich Harvey Unpacking the Northern Beaches with Incredible Agents
 
 
Fri 29 Mar '24 with Rich Harvey How to build a $7 Million Property Portfolio from scratch
 
 
Sat 16 Mar '24 with Rich Harvey Why Invest in Melbourne?
 
 
Mon 26 Feb '24 with Rich Harvey Sydney’s Inner West – Hotspots and Outlook for 2024
 
 
Mon 12 Feb '24 with Rich Harvey Decoding Sydney’s North Shore Market – Outlook and Opportunities.
 

 

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Propertybuyer Blog
Property advice, market updates & more

 

What's ahead for Sydney infrastructure?

May 26, 2015 / Written by Rich Harvey

 

By Rich Harvey, CEO, propertybuyer.com.au

Growth areas are a fickle thing. One minute you're being told from one corner that somewhere in the north is the hot spot you have to buy in, the next you're urged to invest in the south because it's primed for a value explosion. There's so much hearsay and speculation in the market that sometimes a buyers' agent is the only way to cut through the nonsense.

But it can't hurt to do your own research once in a while, or at least pay attention to the hard data. When you're in the market for Sydney investment property over the long term, watching infrastructure projects on the rise is one way of gauging where you can put your hard-earned money.

Keeping your commute sane

With Sydney's median price tipped by the Real Estate Institute of New South Wales to break the million dollar mark, a lot of people will be looking further out of the CBD for the right Sydney investment property. Of course, without proper transport links back into the city proper they might not be easy to get capital gains from.

Infrastructure Australia says that without appropriate measures, the time it takes to travel by road in Sydney (and many other cities) will increase a full 20 per cent by 2031. However, a doubling in the Roads to Recovery funding outlined in the federal budget could be a way forward. This gives councils a much larger pool to play with when planning and updating roads - keeping commutes bearable and putting connectivity to the fore.

Making rail a reality

Infrastructure Australia also notes that public transport demand is set to double in the next 20 years - buying investment property for the long term in areas that have good road and rail infrastructure planned is a must.

One priority project underway from the New South Wales government is the North West Rail Link. There are new stations proposed for Cherrybrook, Castle Hill, Kellyville, Bella Vista and more - it's the biggest public infrastructure undertaking since the Sydney Harbour Bridge.

I'm not saying you should absolutely buy in these areas - there's more to an Australian property investment strategy than following the fresh paint. But if you're investing for the long term, projects like this shouldn't be ignored. It shows the areas that will have improved connections to the city, and that could become new community hubs.

For more details on how to get ahead with your property purchase, make sure to check out our free reports.

The Propertybuyer
Podcast

 
Fri 24 May '24
with Rich Harvey
Granny Flats: Boost Your Yields & Faster Mortgage Repayments
 
 
Fri 3 May '24
with Rich Harvey
Unpacking the Northern Beaches with Incredible Agents
 
 
Fri 29 Mar '24
with Rich Harvey
How to build a $7 Million Property Portfolio from scratch
 
 
Sat 16 Mar '24
with Rich Harvey
Why Invest in Melbourne?
 
 
Mon 26 Feb '24
with Rich Harvey
Sydney’s Inner West – Hotspots and Outlook for 2024
 
 
Mon 12 Feb '24
with Rich Harvey
Decoding Sydney’s North Shore Market – Outlook and Opportunities.
 

 

Listen to many more
podcasts on our
Podcasts page.