Spotlight on: Greater Springfield, Brisbane – part 2
Missed Part 1 of our Greater Springfield series? Read it here.
Greater Springfield in Brisbane has a vision to become a world-class regional city and services hub by 2030. By the time development is complete, an expected $85 billion will have been spent on infrastructure and commercial and residential construction.
Located just east of Ipswich, and within a half hour drive of Brisbane’s CBD, the area covers a total of 2,860 hectares – almost six times the size of Sydney’s Parramatta.
It’s been carefully designed around three key pillars – Education, Health and Technology – ensuring that sufficient infrastructure and employment opportunities are available to support the rapidly growing population – tipped to reach 138,000 by 2030.
In our latest Spotlight series, we take a look at each pillar, and provide some compelling reasons as to why you should consider this region as part of your investment portfolio.
Pillar 2: Health
With Health one of the three key pillars of Greater Springfield, the region has been designed to encourage a healthy community, with plenty of open, green space, and pedestrian and bike-friendly pathways.
Health City Springfield Central is a 52 hectare integrated health precinct providing health care facilities, medical research and aged care. The hub is home to the 80-bed, $85 million Mater Private Hospital which provides a range of medical and surgical services, as well as a cancer care centre.
And Australia’s largest dementia-friendly retirement village is currently under construction, with 2500 housing units planned. This will create 580 permanent jobs once the development is complete.
Health fast facts
- 52 hectare integrated health campus
- $85 million, 80 bed Mater Private Hospital Springfield, including cancer care centre now open
- Plans for a 1,200 bed Public and Private Hospital
- 2,500 new seniors’ housing units integrated with allied health facilities
- Specialist suites facility to be completed in mid-2018.
Greater Springfield investment opportunities
With apartment development at unprecedented levels in the Brisbane CBD, we’re looking to the west for its exciting investment potential.
Greater Springfield’s focus on the key pillars of Education, Health and Technology means that population growth is well supported by significant investment in infrastructure and employment.
Housing is currently affordable, with good capital growth prospects and no signs of slowing down in the near future.
We have a variety of off-market investment properties in Greater Springfield that are only available through CPS Property.
Please contact us today to learn more about Greater Springfield, or to arrange your free property investment consultation.
Information and images sourced from Greater Springfield.
