The backbone of a strong community is infrastructure that provides for the local residents and enables them to go about their lives with as little interruption as possible.
The development of new infrastructure is a wonderful way to enrich the lives of those living in the region. The latest Australian Infrastructure Audit could reinvigorate the construction of new amenities throughout the nation, offering new investment opportunities for buyers looking into Caboolture real estate.
Property Council chief executive Ken Morrison said the audit outlined Australia's growing population, which is expected to reach 30.5 million people by 2031. Therefore, the report stands as a sobering reminder of the further need for new smarter planning and more streamlined infrastructure creation in the coming years.
"Population growth is a reality for Australia but our approach to planning and infrastructure too often ignore[s] this fact. Infrastructure Australia says the price-tag of inaction is $53 billion in congestion costs by 2031. It's a cost the country can't afford," said Mr Morrison in a 22 May statement.
Furthermore, the audit also projected an additional 5.4 million homes need to be built over the next 26 years. Now could be a great time to begin considering your own contribution to this figure and begin planning investment in new Caboolture property.