Infrastructure is a major driver of house prices. People want to live in nice areas, and so we can reasonably assume that more people will move to an area as it becomes more desirable. And infrastructure improvements and upgrades are one of the most impactful ways to improve the desirability of a suburb. The reason why we’ve done so many developments in Everton Park is because the suburb is undergoing an infrastructure renaissance—and with each upgrade finished, prices jump just a little bit higher. Here’s four of the major improvements that are currently underway in Everton Park:
Everton Park Link Road - $31 million road upgrade to reduce congestion
MONARC Health & Childcare Hub - $120 million mixed-use precinct
Everton Plaza Extension - Office, retail, and dining precinct, cost unknown.
Everton Park Library Upgrade - $11.6 million refurbishment
Ongoing upgrades like these ones are why we remain confident in Everton Park’s continuing growth.