Chris Childs

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3 projects set to make Queensland grow

When it comes to property, it's all about location, location, location. In fact, the phrase has become cliche in the real estate world, but that just proves how true it often is. Whether it's nearby schools, a new business sector or just a new bus stop, people want to live close to the things that are most valuable to them.

Community projects can make all the difference to the value of your portfolio.Community projects can make all the difference to the value of your portfolio.

That's why it's always important to keep an eye out for the next big community projects when you are trying to spy out the hottest property growth spots. Let's take a look at what's coming (or already here) for the state of Queensland:

1) The world's best convention centre

While many community announcements are all about the next large construction, people should also be celebrating the continued excellence of already-existing buildings. One such top performer is the Brisbane Convention and Exhibition Centre, which was recently awarded the trophy for Best Convention Centre in the World at the Annual General Assembly of the International Association of Congress Centres.

The world-class reputation of Queensland's infrastructure continues, and such clear strength is sure to bring more business to the city as well as your investment property.

2) $6 million for animal hospitals

This new public space intends to kick-start projects across Queensland as well as provide a number of jobs for locals.

We have some seriously unique wildlife here in Australia, and it's up to us to ensure that they continue to thrive alongside our own expansion. However, it isn't just a conservation obligation, but a great way to create jobs as well.

The Queensland government knows this as well as we do, which is why it has decided to invest $6 million into south-east Queensland wildlife hospitals. These health centres will provide employment to the veterinarians and animal carers of our community as well as keep the vibrant fauna of our state healthy – and a healthy Queensland means a healthy property market!

3) The birth of an Ideas Market

There are two things that are surefire ways to help attract more people to a region: good education, and solid job prospects. Combine those together and you've got a value-increasing powerhouse.

The Ideas Market at the James Cook University tries to do just that, with a helping hand from the government to the tune of $5 million. This new public space intends to kick-start projects across Queensland as well as provide a number of jobs for locals.

The property market isn't just about knowing where the hotspots currently are – they're about knowing where they're going to be! Keep an eye on these future projects or, better yet, get in touch with one of the real estate mentors at Think Money to discover how you can become a veritable property crystal ball.