We talk a lot about the importance of research in determining where to invest in Australian property. Back in May 2014 in our article Understanding the value of property research we explained how we use macro indicators such as government and private infrastructure investment to help us pin point areas for us to consider.
One area that we have been watching and recommending for some time now is Toowoomba. Last July we shared with you the news that there was $11billion in planned development spending in our article Big infrastructure announcements for Toowoomba and what it means for property investing.
Last year we again see a further commitment to infrastructure spend in Toowoomba in this article from the Courier Mail Shopping in Queensland Grand Central to double in size with $500 million redevelopment.
Once completed the development will double the size of Grand Central and will include more fashion, new fresh food precinct and a new alfresco dining destination that will include restaurants, cafes and street food.
Continued infrastructure spend commitments such as this means we continue to look at Toowoomba as a potential investment opportunity.
If you have a question or would like to know more about how we use macro indicators to help determine where to invest I would love to talk to you firstname.lastname@example.org