Medical infrastructure boom creating property investment hotspots
Property investors looking for the miracle cure should consider a trip to hospital.
Properties in the vicinity of new or developing hospital infrastructure have invariably enjoyed strong capital growth and rental demand. (Image source: Shutterstock.com)
In 2017 Adelaide completed the Royal Adelaide Hospital at a staggering construction cost of $3.53 billion, placing it firmly in the number one spot for most expensive single building in Australia at the time of completion, and by several reports the third most expensive building in the world.
Becoming home to more than 6,000, staff this has seen a massive boost to property values in the area. Rental demand shot up and investors have enjoyed stro…
