Blog
Investment Strategy – A Bridge Not Too Far Away
Investment Strategy – A Bridge Not Too Far Away
The outer established areas of Melbourne (regional Victoria) will benefit most from the Governments massive transport infrastructure program. It will connect the outer most points by improved rail transport.
The outer established areas of Melbourne (regional Victoria) will benefit most from the Governments massive transport infrastructure program. It will connect the outer most points by improved rail transport.
The big spend will have little impact on Melbourne’s Inner City property values which are not transport dependent and as a consequence will continue to be highly desirable for this reason.
The areas that have the most to gain or make up are those suburbs that have the lowest median price ( compared to the average ), and as the program reaches completion, the median prices of those outer areas should merge with the average. To that end Frankston continues to appeal because of it’s relatively low median.