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Richard Wakelin

How to buy property that cashes in on the ‘big build’

Being located within 1.6 kilometres of a hospital or major activity centre increases prices by an average of 1 per cent.

Australia’s infrastructure pipeline continues to bulge, with the federal government’s recent budget handing down an additional $16.5 billion over 10 years to new and existing road and rail projects.

It’s part of the nation’s big build, with state and federal governments pushing out a raft of new infrastructure projects, from railways and roads, schools, hospitals and energy projects throughout the country – all designed to meet the needs of a growing population.

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Richard Wakelin is a founder of buyers' agent Wakelin Property Advisory.

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    Original URL: https://www.afr.com/wealth/personal-finance/how-to-buy-property-that-cashes-in-on-the-big-build-20240523-p5jfxo