Investment in Victorian secondary school good for investment
Infrastructure has always been one of the most important factors to consider when searching for an investment property. Amenities such as supermarkets, public transport and schooling facilities all rank extremely high on the list of people's wants and needs.
Therefore, regions with increasing developments of these types could be worth keeping an eye on - especially if you're trying to build a strong property portfolio. Fortunately, for investors in Victoria, a new secondary school has been funded for Torquay as the Surf Coast community continues to grow rapidly.
Premier Denis Napthine said the $37.5 million Surf Coast Secondary College will officially open next month after construction is completed, following years of community calls to undertake the construction of a dedicated school in the region. The school will have a capacity to provide 900 students in the area with education and will be a great asset for the community in Torquay.
Some of the features of the school will include a gymnasium, as well as two vocational education training hospitality kitchens and a coastal environment science centre, which could be great for helping those interested in furthering a sustainable lifestyle by supply a hands-on learning experience in the area.
Minister for Education Martin Dixon said the hope for a world-class education for the young adults of the Surf Coast community was the inspiration behind the development.
"When the Coalition government was elected we understood that the Surf Coast's strong growth projections made a brand new, truly modern secondary college essential for the region's young people - and we have delivered it," said Mr Dixon in a February 26 statement.
"The Coalition government has also purchased land for a second primary school in Torquay, while the current Torquay Primary School continues to benefit from a significant $300,000 restoration grant."
These developments are great for the overall success of Victoria as a state, with an increase in the number of jobs in the area helping to strengthen the overall economy of the region. There are a number of similar developments occurring across the state, which is great news ahead of the impending population boom expected to hit the country in the coming years.
Furthermore, state government dedication to fund these projects highlights the government's dedication to aiding the progress of Victoria and the growing strength of the area as a whole. This could provide a great opportunity for property investment, as the area becomes an attractive place for people to move.