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$780 MILLION TO REDEVELOP JOHN HUNTER HOSPITAL

March 25, 2019

Government Infrastructure Hunter Valley Region New South Wales Newcastle Area Property and Investment News Strategy

Families across the Hunter region will benefit from the redevelopment of John Hunter Hospital in Newcastle. As the major teaching and referral hospital for our region, this $780 million investment in John Hunter Hospital will also ensure locals can receive essential healthcare closer to home. Patients and staff will have access to the latest in […]

Dahua strikes $140m deal to buy Point Cook site from land bankers

March 25, 2019

Government Infrastructure Melbourne Region Property and Investment News Strategy Victoria

Shanghai-based developer Dahua has beefed up its Melbourne housing pipeline after striking a $140 million deal to buy almost 100 hectares of land in Point Cook in the city’s south-west. Title deeds show Dahua Group Melbourne has placed a caveat over a 98.4-hectare site at 688 Aviation Road after agreeing to buy it from land […]

The leading regional economy in Australia:THE HUNTER REGION NSW

March 10, 2019

Government Infrastructure Hunter Valley Region New South Wales Newcastle Area Property and Investment News Uncategorized

The Hunter is the largest regional economy in Australia, ranking above Tasmania, the Northern Territory and the Australian Capital Territory in terms of economic output. It drives around 28 per cent of regional NSW’s total economic output and is the largest regional contributor to the State’s gross domestic product. The region has an estimated 322,000 jobs […]

$2.8 Billion Tuggerah Precinct Investment : Central Coast

March 4, 2019

Central Coast Region Government Infrastructure New South Wales Property and Investment News

Regional Development Australia Central Coast (RDACC) has applauded today’s $2.8 Billion joint announcements by the Scentre Group, Hunter and Central Coast Development Corporation and Darkinjung Local Aboriginal Land Council, to redevelop Westfield Tuggerah site and adjoining land into a major hub of employment, transport, leisure and education. RDACC Director of Regional Development and CEO, John […]

Warnervale new public school: Minister reassures parents

February 27, 2019

Central Coast Region Government Infrastructure New South Wales Property and Investment News

Mr Stokes was responding to concerns by Central Coast P and C president Sharryn Brownlee that the school plan might have been delayed after the project reference group guiding the project had failed to meet for more then six months. Mr Stokes said the project was progressing with design options for the new school currently […]

Coast’s water supply network gets $61million boost

February 16, 2019

Central Coast Region Government Infrastructure Property and Investment News

The $61million project will boost water supply to the Central Coast’s rapidly growing northern suburbs and improve water security for the entire region. Council Director Water and Sewer, Bileen Nel said the Mardi to Warnervale Pipeline project is the next major step to enhance the Central Coast’s water supply network. “The pipeline will run from […]

Big incentives for property investors under new housing package

January 1, 2019

ACT Region Government Infrastructure Property and Investment News Queensland Strategy Tasmania Victoria

On 16 December, Bill Shorten announced a $6.6 billion plan to address housing affordability, which directly involves incentives. Mr Shorten said that under the policy, if investors construct new properties and place them for rent at 20 per cent under market value, a subsidy of $8,500 a year for 15 years would be available for […]

 

A Fast Rail Future for NSW

December 6, 2018

Canberra Region Central Coast Region Government Infrastructure Greater Sydney Region Hunter Valley Region New South Wales Property and Investment News

Vision Many of our state’s regional areas have room to grow and are keen to draw in more investment, generate job opportunities and attract skilled workers. The government wants to make it easier and provide more choice for people to live and work in regional NSW. In July 2018, the government released A 20-Year Economic Vision […]

Wyong Hospital redevelopment: Pictures and video reveal plan

December 4, 2018

Central Coast Region Government Infrastructure New South Wales Property and Investment News

Designs have been unveiled for the $200 million Wyong Hospital Redevelopment. When complete, the redevelopment will increase the service capacity of the hospital with an additional building and a revamp of some existing areas. There will be a new and enhanced Emergency Department; enhanced intensive care services; improved medical imaging; and an enhanced paediatric outpatient […]

Kangy Angy Rail Maintenance Facility: design images revealed

November 29, 2018

Central Coast Region Government Infrastructure New South Wales Property and Investment News

The first images of the $300 million new Intercity Fleet maintenance facility at Kangy Angy have been released by the State Government. The controversial development has been the scene of protests by local residents who say their quiet area has been totally trashed by construction of the facility. The designs show the location and look […]

Developer Concessions to Increase Medium Density Housing in NSW

November 19, 2018

Dual Occupancy Government Infrastructure Multiple Income New South Wales Property and Investment News Strategy

Low-rise medium-density housing, widely considered “the missing part” of NSW housing stock, could be the way forward as new concessions for developers kick in. NSW is currently experiencing consistent growth in townhouse development and a surge in medium-density viewership over the last 12 months, according to Colliers International. Medium-density housing can range between 25 to […]

Sydney-to-Canberra 'very fast train' the focus for $4.2-billion Snowy Hydro Fund

October 25, 2018

ACT Region Canberra Region Central Coast Region Government Infrastructure New South Wales Property and Investment News

Part of the Snowy Hydro Legacy Fund is set to be spent on funding a new corridor for a “very fast train” between Canberra and Sydney. Key points: The NSW Government says the $4.2 billion fund will be used for rail and road connectivity, freight, aviation and digital connectivity The fund was set up after […]

Central Coast wave park: Council to investigate potential sites

October 11, 2018

Central Coast Region Government Infrastructure New South Wales Property and Investment News

FORCES are gathering for the Central Coast’s very own wave park. Millionaire properly developer Tony Denny would be willing to invest and Central Coast Council has committed to investigate potential sites. A wave park is a swimming pool with artificially generated, large waves similar to the ocean. They attract surfers from all over the world, […]

Snowy Hydro Scheme sale could deliver $400m to Central Coast

October 5, 2018

Central Coast Region Government Infrastructure New South Wales Property and Investment News

An estimated $400m in Snowy Hydro Scheme funding is expected to be made available to Central Coast Council from the NSW Government’s sale of its share of the Snowy Hydro Scheme to the Federal Government. The NSW Snowy Hydro Scheme Legacy Fund has a $4.1b commitment for projects in regional NSW. It is understood that […]

ACT investment up with light rail, but expected to slow next year

September 5, 2018

ACT Region Canberra Region Government Infrastructure Property and Investment News

ACT government investment in infrastructure projects has risen 10 per cent in the past year, largely due to the stage one light rail project, but it is expected to slow next year, as work on the project ends. The June quarterly Deloitte investment monitor shows the value of territory government investment has risen 10.2 per […]

 

$50b underground train network for Melbourne’s suburbs announced by Premier

August 30, 2018

Government Infrastructure Melbourne Region Property and Investment News Victoria

A PROPOSED underground train network for Melbourne would carry passengers from the southeast to Melbourne Airport in 45 minutes, government modelling shows. Premier Daniel Andrews today released “expert modelling” that predicts travel times from Cheltenham to the airport – 45 minutes – would be faster than the current car trip. Box Hill to the Melbourne […]

Tourism Central Coast encourages everyone to ‘have a little adventure'

August 15, 2018

Central Coast Region Government Infrastructure New South Wales Property and Investment News

Tourism Central Coast is spilling the beans on being “Sydney’s best-kept adventure secret” in its latest campaign.  “Our research identified very early on that there was a clear disconnect between perceptions of the Central Coast and the actual reality”, says Affinity CEO Luke Brown. The lack of marketing towards this region also meant people were […]

Central Coast Gateway to future growth

August 10, 2018

Central Coast Region Government Infrastructure New South Wales Property and Investment News Strategy

Woongarrah, Hamlyn Terrace, Wadalba, Warnervale, and Glenning Valley are the epicentre of residential development on the Central Coast, endorsed by the NSW Government’s Central Coast Regional Plan 2036. This special report looks at how hundreds of acres of greenfield land and bushland are being transformed into new residential communities. Index of Major developments:  27 to […]

Aerotropolis: Gigabit city to create 12,000 jobs and 3000 homes in western Sydney

August 6, 2018

Government Infrastructure Greater Sydney Region New South Wales Property and Investment News

THE Western Sydney Aerotropolis officially lifts off today with the turning of the first sod on a $5 billion Sydney Science Park that will deliver 12,000 jobs and 3000 homes. The futuristic science park on a 280ha site at Luddenham is the first major development off the back of Sydney’s planned second airport at Badgerys […]

Victorian Government Pledges $5 Billion for Airport Rail Link

July 25, 2018

Government Infrastructure Melbourne Region Property and Investment News Victoria

Construction of the long-awaited Melbourne airport rail link could start within four years after the Victorian Labor government promised to match a $5 billion funding pledge commitment from the federal government. Victorian Premier Daniel Andrews promised his government would invest if Labor was re-elected at the November state poll. The project will cost an estimated $8 […]