invest in Googong

Why Invest in Googong (near Canberra): a community set to boom

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Excellent capital growth potential attracts investors to the award winning, master planned community of Googong.

 

Located 20 kilometres from the Canberra CBD, Googong is a self-contained township that’s experiencing rapid growth. Research from Residex shows that the predicted capital growth is 10% per annum for the next five years. DPN has identified that booming infrastructure and lifestyle perks make it an attractive choice for investors.

A masterplan for the future

Already an established community with thousands of residents, the future of Googong is mapped out to host approximately 18,000 people and 6,500 homes. Dubbed as a community with something for everyone, affordable housing is extending from blocks of land to large family homes, terraces and apartments.

Soaring infrastructure

The next big expansion is a $143 million town centre and shopping precinct in the new neighbourhood of Googong Central. With major supermarkets, a community centre, a library, a fire station and much more, it’s predicated to generate hundreds of jobs, including flow-on jobs in nearby Queanbeyan. The NSW Government has approved plans for public primary and secondary schools. Furthermore, a $31 million duplication of Old Cooma Road to the entrance of Googong is in progress.

Sustainable practices and lifestyle perks

Googong was awarded the Green Building Council of Australia’s first 5-Star Green Star Communities rating. An integrated water cycle management system reduces potable water use by about 60%. Every home has been built to exceed the required sustainability standards. With a chain of ponds, over 15 kilometres of bush trails, bike and walking paths, 23% of the town is dedicated to open space and offers ever-increasing lifestyle perks for residents.

Related:  5 Common Mistakes Property Investors Make When Buying Interstate

 

For more comprehensive information, see DPN’s article: Why invest in Googong: a community set to boom.

 


 

Disclaimer: Chan & Naylor takes no responsibility for the accuracy of any research material of contributors to our newsletter. Contributions to our newsletter such as this article, “How Property Investment Can Help You Retire in Comfort,” are meant to be educational only and Chan & Naylor does not endorse any promotional material promoted in their articles. Readers should do their own research to determine the accuracy of their material.

 
 
 
 

Warning

The material on this website has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained on this website is General Advice and does not take into account any person’s particular investment objectives, financial situation and particular needs. Before making an investment decision based on this advice you should consider, with or without the assistance of a securities adviser, whether it is appropriate to your particular investment needs, objectives and financial circumstances. In addition, the examples provided on this website are provided for illustrative purposes only.

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