Real Estate

Invest in ‘promised’ land

WE read an interesting article this week about how the election would impact on everyone.

The impacts are all dependent on where you live so whether it be rural or metropolitan.

For example, if you live on the rail line between Parramatta and the city, then the Liberal Government have promised a $6.4 billion upgrade to the metro lines.

More people will move further out of the city for the lower prices and the demand will grow in these areas meaning the prices will slowly creep up.

In regards to roads the Liberal Government is looking at 14,000 new weekly bus services to help with the congestion on the roads. These are just two examples of what the re-elected Liberal Government is working on changing so any smart investor would be looking at investing in any of these areas with massive upgrades.