There are a range of notable, large scale infrastructure currently in construction across Australia.
As the population of the country increases it is important to provide transportation upgrades that will ease congestion and also ensure supply chains can handle the increased demand.
National: Melbourne-to-Brisbane Inland Rail.
According to the Australian Government, the Inland Rail is the largest infrastructure project in the government’s $110 Billion pipeline under the National Freight and Supply Chain Strategy. The rail line is designed to keep up with an expected 35% increase in freight requirements by 2040.
The Inland Rail will connect Melbourne to Brisbane via a 1700km fast and high-capacity freight line. It will provide a connection for regional farmers and producers to major cities and other forms of transport, this will allow greater access to domestic and international markets.
The first section became operation in September 2020 between Parkes and Narromine in New South Wales. It is expected that the first trains to run from Melbourne to Brisbane will occur in 2027.
Queensland: Bruce Highway Upgrade
The Bruce Highway Upgrade program commenced on the 1st July 2013 and is scheduled for competition by June 2028.
The Bruce Highway runs from Brisbane to Cairns and covers a distance of over 1677 kilometres and currently services traffic levels of up to 145,000 vehicles a day.
The project involves many different upgrades that fall into 3 priority areas:
Safety Improvement: Improving wide centre treatments which put extra distance between opposing directions of traffic. Intersection Improvements and installation of new safety barriers to reduce the risk of fatal and serious motor vehicle crashes.
Flood Improvement: Which will include raising bridge levels and improving flood immunity to sections of highways that are prone to frequent flooding.
Capacity Improvement: This will be through designs to increase economic opportunity through increased levels of traffic flow. The upgrades include additional lanes, merged motorways and upgraded and improved intersections.
New South Wales: Western Sydney Airport
Construction of the Western Sydney International (Nancy Bird Walton) Airport is currently underway and is scheduled for completion in 2026.
The new airport will provide employment opportunities closer to home for the Western Sydney region and also assist in meeting Sydney’s growing aviation needs.
The airport will be curfew free and will provide domestic, international and freight services. It is expected to support 28,000 direct and indirect jobs by 2031.
Victoria: Melbourne Metro Tunnel
The Melbourne Metro Tunnel will provide a new tunnel under the city that will connect Sunbury in the west to Cranbourne/Pakenham in the south-east. This will ease congestion in the current city loop and provide additional train services across some of Melbourne’s biggest train lines.
Two 9km long tunnels have already been drilled and construction on 5 new train stations is currently underway.
The project will provide capacity for up to an additional 500,000 passengers per week during the peak periods.
Construction is scheduled to be completed by 2025.
Western Australia: Metronet
The Metronet project is the single largest investment in public transport that Perth has ever undertaken. The project is designed with a vision of a well-connected Perth, providing more transport, housing and employment opportunities.
It includes 72km of new passenger rail lines and also the addition of 22 new train stations.
The goal of the project is to make the areas surrounding the new train stations into desirable places to live with access to more employment opportunities and the greater Perth region.
The project will run for many years with new services being introduced in progressive stages.
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Tim Davis – Property Investment Consultant
P: (02) 9939 3249
Disclaimer: When considering purchasing a property, it's always prudent to seek the advice of an appropriately qualified professional to determine which strategy is most appropriate for your circumstance.