Property Snapshot
- Total Price: $1,568,938
- Property Type: Duplex—Double Contract
- Build Price: $804,938
- Unit 2: 143.8 m²
- Land Size: 764 m²
- Land Price: $764,000
- Rental Estimate: $1,320 per week combined
- Land Status: Registered and ready to build
Regional Economic Overview
The broader region is experiencing sustained economic and population growth, supported by targeted infrastructure development and public investment.
Population Growth: Expected to increase from approximately 360,000 in 2025 to over 412,000 by 2046, supported by housing demand and urban expansion.
Economic Output: Gross Regional Product (GRP) exceeds $20.8 billion, driven by health care, education, construction, and tourism.
Employment: Health care is the largest employment sector. Continued growth in construction and infrastructure is supporting a wide variety of job opportunities across the region.
Planning Goals: Regional planning aims to deliver 41,500+ new homes and create over 24,600 jobs by 2036 under the regional planning strategy.
Infrastructure Highlights
Motorway Expansion:
A 33 km continuous motorway linking western and south-western corridors with the city, airport, and port. The project includes major capacity upgrades and traffic relief for key growth areas.
Metro Rail Expansion:
Australia’s largest public transport initiative, delivering four metro lines, 46 stations and 113 km of new track by 2030. Train service capacity will rise from 120 to 200 services per hour, moving up to 40,000 passengers hourly.
City Centre Revitalisation ($52M):
A key urban centre is receiving funding for infrastructure and public space upgrades as part of the regional growth plan.
Transport Upgrade & High-Speed Rail ($2B):
High-speed rail will reduce commute times dramatically—travel times cut by more than half in some corridors. The project is backed by federal and state government funding and expected to generate nearly 3,900 jobs by 2036.
Highway Upgrade ($420M):
Duplication of the highway through the town centre with new road bridges over the river. Completion expected in 2027.
Town Centre Redevelopment ($2.8B):
A major transformation of the regional shopping and business precinct into a transport, retail, employment and education hub. Expected to create over 10,000 construction jobs and 2,700 ongoing roles across 35 years.
Highway Duplication ($387M):
Widening of a 3.8 km stretch of highway to two lanes each way, improving flow for over 26,500 daily commuters. Completion due in 2025.
Local Road Upgrades ($86.5M):
29 road projects scheduled for completion by 2026, increasing access and safety across the region.
Major Community Projects
Tertiary Education & Skills:
Local university and TAFE campus supports over 6,300 students. Expansion of academic facilities is ongoing.
Public Hospitals:
- Hospital Redevelopment – $200M total (ongoing, emergency & ICU opened in 2022)
- Final stage construction begins 2023, due 2025
- Private Healthcare Investment:
- New 11-storey private hospital ($172M), delivering 238 beds, 2,200+ construction jobs, and over 460 full-time positions once operational.
Smart Wealth Strategy
As a brand-new build, this duplex property offers significant depreciation benefits on both construction and fixtures—delivering potential annual tax deductions that can improve cash flow. The dual rental income also adds resilience and yield to an investor’s portfolio, making it a well-rounded, cash-efficient asset.
Interest rate easing and the ongoing national housing supply shortage continue to support strong investor activity in high-growth regional corridors like this one.
Secure Strong Returns
With registered land, a dual-income structure, and a location poised for sustained regional growth, this opportunity represents a smart move for forward-thinking investors. Backed by significant infrastructure investment and strong rental demand, this property is well positioned to deliver long-term value, strong returns, and solid tax advantages.
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