How the Victorian Government is helping you invest?

  • By Peter Gordon
  • •
  • 07 Aug, 2019
If you are interested in property investing in emerging property markets, please take 2 minutes to read below, it will benefit you greatly.

Melbourne has been Australia's fastest-growing capital city since the turn of the century. Astute investors should pay attention to what the Victorian government is doing.

The city grew by around 130,000 people in the last 12 months. To put that into context, at that rate of growth the Government needs to build a city the size of Adelaide every ten years. That is a phenomenal amount of infrastructure that needs to be built for Melbourne’s growing population.

The Victorian government has a plan for growth. Rather than just allowing urban sprawl to expand endlessly, it wants to shift some of this growth to its second and third largest cities, Geelong and Ballarat. Both of these cities have established infrastructure with room to grow.

The Government is encouraging Melbourne people and companies to relocate to these cities by -

1. Incentivising companies to relocate by reducing their payroll tax in regional cites
2. Creating business parks and employment hubs
3. Investing in the expansion of health care and education
4. Committing to build a fast rail network to ease congestion and travel time
5. Moving government departments

We have already seen the affect this has had on Geelong, where 700 government jobs were relocated from Melbourne late last year. Then, after the doubling of the FHOG to $20,000 in regional cities was announced, the rate of new home buyers in Geelong went through the roof. People could buy a good size house & land package from $430,000.

Property prices increased as the population grew and new businesses moved to the region. House & land prices have continued to increase at a strong rate with similar size house & land packages now selling closer to $600,000.

The same fundamentals are now playing out in Ballarat. 700 Government jobs will relocate to Ballarat with the completion of GovHub. The government is pouring tens of millions of dollars into building commercial business parks. Once completed the Ballarat West Employment Zone will create 10,000 new jobs. Then there is the $460M expansion of the Ballarat Base Hospital that will create around 1,000 new jobs.

These are some of the reason’s p why the Victorian Government is helping you to invest!

With the anticipated upgrade to the train line between Ballarat and Melbourne due for completion late 2019, it will reduce commuter travel time to 59 minutes. A fast train would take only 45 minutes, which would also connect people to Melbourne Airport. This is another game-changer for regional Victoria Click here to read the article.

The following video outlines more infrastructure projects worth hundreds of millions of dollars.
When we started researching and promoting Geelong house & land packages prices were around $450,000 and they are now around $600,000.

Similar fundamentals are now working in Ballarat. We have fantastic packages in Ballarat from $445,000 that are currently renting for $420 per week. These are fantastic investments!!

Contact the team at Investo for info on house & land packages available in Ballarat

Introducing The Palms Estate, Cairns - The Northern Beach's Premier Address

By Peter Gordon • April 26, 2023

Quiet simply, the Palms is the place to buy!

The northern beaches of Cairns is the Nation's best location for property investors right now, and The Palms is the premier development in this boom region.

It has the best location being elevated and backing onto the rainforest. It will have amazing facilities with a shopping village, a primary school, parks and green open space, a water park and an expanse of wildlife corridors.

It has taken the developers three years to get planning approval for this unique development to be able to hit the market. There are only 300 lots spread across 85 acres of the best land in The Northern Beaches.  Residents will have an abundance of open space right at their doorstep.  The Palms is also the only Certified Enviro Development project in Far North Queensland.

> Cairns Snapshot

In the rivalry between Sydney and Melbourne, the winner is ... Brisbane

By Peter Gordon • April 20, 2023

Sydneysiders and Melburnians, put aside your equally outstanding flat whites for a moment. Stop bickering about whether great beaches beat cool laneways (they do) and desist from debating whether all baristas require waxed moustaches (ideally).

Because Brisbane is closing in on the title of Australia’s best city, and we must join forces to keep this subtropical upstart in its place.

Time  magazine recently named Brisvegas on its “World’s Greatest Places” list, and omitted our cities. It’s a huge shock (and who knew they still published Time  magazine?). But they might be onto something.

Time  points to the 2032 Olympic and Paralympic Games, which will be hosted in the maroon metropolis. Brisbane will do a fine job, even though it’ll baffle the world when rugby league is added to the schedule and Queensland is allowed to field its own team.

Time’s  most radical claim is that Brisbane is worth visiting now, but tourism is surging. Not only did Lin-Manuel Miranda recently drop in to catch Hamilton , but hundreds of Hamilfans flew up to watch his interview with Leigh Sales (presumably unaware that it would subsequently arrive on iView for free).

Incredible Lifestyle At An Affordable Price  Equity of approx $390K on completion

By Peter Gordon • April 6, 2023
This small duplex development just a short drive from Hervey Bay on Queensland’s beautiful Fraser Coast, offers an incredible lifestyle at an affordable price. With unprecedented demand and very limited supply, prices look set to skyrocket.

A leading local agent has appraised each side of these duplex's to be worth $665k on completion and rent for $495 per week. So that is massive potentail instant equity of up to $390K on completion, which is incredibly hard to find.
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