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Brisbane’s Western Suburbs are part of the largest public infrastructure spending initiative in Australian history
 
After my visit to Brisbane last week, I would like to mention Indooroopilly as an area that "ticks all the boxes" from an investment viewpoint.

Brisbane’s western suburbs are on the verge of a boom, triggering massive upgrades which are part of the largest public infrastructure spending initiative in Australian history, propelling these already affluent areas to a whole new level of prosperity and lifestyle appeal.
 
 
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Significant and increasing demand for rental accommodation and attached dwelling styles
 
More than 36% of Indooroopilly residents are aged between 15 - 29 years, with 41% of them employed residents are professionals. That is nearly double the Greater Brisbane average of 22%.

This demographic is attracted by:
 
 
The proximity to the University of Queensland St Lucia campus
 
The concentration of urban lifestyle facilities and services including entertainment, retail and cafes/restaurants
 
Accessibility to public transport
 
Employment opportunities
 
 
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These already affluent areas are being propelled to a whole new level of prosperity and lifestyle appeal
 
The massive infrastructure spending is propelling these already affluent areas to a whole new level of prosperity and lifestyle appeal. Some examples of the infrastructure spending includes:
 
The Legacy Way Tunnel, a $1.5 billion 4.6km tunnel linking the Western Freeway to the Inner City Bypass which will open in 2015
 
The $450 million facelift of Indooroopilly Shopping Centre which is one of Brisbane’s largest retail redevelopment investments
 
The Indooroopilly Shopping Centre facelift is adding 30,000m² for over 100 new fashion stores, restaurants, cafés, salons and specialty shops and David Jones
 
 
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John McGrath’s five South East Queensland areas to consider
 
Many investors are looking towards Queensland for growth. Here are John McGrath’s five South East Queensland areas to consider.
 
 
 
 
The inner ring markets, that is five to six kilometres from the CBD, were noted as being in “strong demand” followed by the middle ring, 10 kilometres out.

We are starting to see that classic ripple effect as more people expand their search to the middle ring where they can get bigger blocks at slightly better prices yet still with easy access to the CBD.
 
— John McGrath
 
 
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Interested in finding out how you can take advantage of this investment opportunity?
 
Contact me at Aussie Property Guru to set up an obligation-free appointment to learn how you can take advantage of this excellent investment opportunity.

I hope you find this interesting reading and that it helps you make better informed decisions. Best regards,

Dr Andrew Unterweger
MB BS, CFP®, Dip FP, Dip FNS, MFAA, AFA, SPAA, REA