Australia’s Infrastructure Boom

Australia's population is set to reach 49 million by 2066. To meet the needs of the fast population growth and boost the economy, Australia is experiencing an "Infrastructure Boom" -

The 2022–23 federal budget commits A$17.9 billion over 10 years to major infrastructure projects, including billions on road and rail projects across the country. Total investment in major public infrastructure is expected to exceed A$218 billion between 2021 and 2025.

Infrastructure benefits local economies and property markets via job opportunities, connectivity, efficiency, liveability, and more. It isn’t directly correlated with value increases but it is a key player in economic prosperity. improvement in the economy is a stimulator of property markets by enhancing housing demand.

Australians' eyes are set on many short-term aspects of the market. We feel that many aren't aware of or are not paying attention to the rise of Australia over the medium to long term through the nation-building infrastructure and economic activity in play.

In this month's whitepaper, we review the major projects across sectors & states and point out the key benefits of how they influence local economies and property markets. Click the Download button below to get to know Australia's major infrastructure projects and their influences on their local economy!

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