The development of public transport infrastructure in sprawling metropolitan areas is an important aspect of continued growth that needs to be sustained in the long term.
Funding for the Melbourne Metro Rail Project has been introduced by the City of Melbourne, as premier Daniel Andrews and minister for public transport Jacinta Allan announced $1.5billion has been put forward to aid the planning and early development of the initiative.
"Melbourne Metro Rail is the biggest public transport infrastructure project in Australia , and the biggest overhaul of our public transport system since the City Loop," said Mr Andrews in a 28 April statement.
Ms Allan pointed out that the project would help 20,000 additional people travel during peak traffic, which could be a massive benefit to commuters living in real estate in Bentleigh.
Full construction on the project is anticipated to get underway in 2018, revamping the public transport system in Melbourne and helping boost the city's overarching infrastructure.
If you're interested in securing your own Bentleigh property, be sure to get in touch with Matt Hurlston at Ray White Carnegie. His insight and expertise in the local community can help you find the right home for your real estate goals.
Preparing your home for Christmas is about more than decorations—it’s about creating a warm, welcoming space where memories are made. With a little planning and thoughtful styling, you can transform your home into a festive retreat that feels both joyful and comfortable throughout the holiday season. 1. Start with a … Read more
Article Source : Click Here RBA holds cash rate steady as housing inflation proves stubborn. Rents and construction costs remain elevated despite tight policy, creating a paradox where higher rates slow demand but restrict housing supply growth. Nerida Conisbee Chief Economist More about Nerida Conisbee The Reserve Bank has held … Read more