ResidentialPropertyInvestorsClub.com

Recently you may have noticed in the media, talk of High-rise developments in the suburbs. High density infill was once a pipe dream of our government and local councils but now is fast becoming a reality, so how can we as property investors profit from this changing environment?
In the past the best long term investments were found close to the major cities. As the demand for city life has grown over the years due to the lifestyle and infrastructure advantages, you will now pay a premium price, and also premium rents the closer you venture to these hubs. The past decade has seen cities such as Melbourne, Sydney and Brisbane spread further and further out to a point that both government and councils now see this urban sprawl as unsustainable due to the costs of delivering important services such as Schools, hospitals and transport to the more outlying developments.
So where to from here? If places like South East Queensland are receiving around 2000 new citizens each week it does not make financial sense to keep opening up new pockets of land in the far reaches of our boundaries and then supply the billions of dollars in infrastructure needed to make these areas appealing to residents.
The solution is to zone in on established hubs that already have these required services and rezone the land from single dwelling to high-rise residential, or even commercial zonings. Often these hubs are found between 10 and 30 km’s from the major cities. I am currently concentrating my investing one such hub that currently has a task force in place to rezone this area from houses on medium to large blocks currently with a median purchase price in the low $300k’s to become high density high-rise and therefore once this happens this land will become more and more valuable and become very desirable to developers.
If what my inside contact tells me is correct, by as early as the end of 2010 they plan on rezoning this area to high-rise development. As you can imagine I am very excited as this information is the closest thing that I have found to a crystal ball in all my years investing in property.