Over the next ten years Australia is going to be THE focus of world attention for anyone with an interest in sport.
Between now and 2032 Australia will be hosting a series of sporting events of global significance – and, while it may not be immediately apparent, this has very major consequences for real estate investment.
Let me explain what I mean.
Firstly, here’s the line-up of global sporting events that will happening in Australia over the next 10 years:-
2023 FIFA Women’s World Cup – Australia and NZ
2026 Commonwealth Games – Regional Victoria
2027 Rugby World Cup (men) – throughout Australia
2029 Rugby World Cup (women) – throughout Australia
2032 Olympic Games – Brisbane and Queensland
Think about that for a moment.
Three world cups, a Commonwealth Games and an Olympic Games.
In the space of ten years.
Now, think about what that means for investment in infrastructure, for tourism, for economic activity, for employment and, as a consequence, for demand for real estate.
I’ve often said to people interested in real estate:
If you want a simple philosophy to guide your investing decisions – one that has been shown to work for investors over time – buy property that lies in the path of progress.
Another way of putting it is: follow the infrastructure trail.
Infrastructure spending is a very powerful factor when it comes to investing in residential property.
Our new Top 10 Infrastructure Hostpots report features locations where existing infrastructure development and future development will drive property growth.