1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar

Property News

Motorways in NSW starting to see investment results

February 13, 2012

It was announced Friday (February 10 2012) that the Glenugie Highway Project completed its final stages and has been opened for traffic.

The $60 million project was part of a larger $4.1 billion investment to upgrade the Pacific Highway.

As the motorway is an important transportation route between Sydney and Brisbane, the news may come as a relief to frequent travellers.

The previous highway was described in the original executive summary for the project as a "two-lane single carriageway with a poor safety record resulting from poor horizontal and vertical geometry, narrow shoulders and numerous traffic hazards in proximity to the highway."

As the population increases on the mid-north and north coasts of NSW, the new highway may relieve traffic congestion and make the area more attractive to potential residential property buyers.

State member for Clarence Chris Gulaptis commented on some of the unique features of the highway: "The project also developed a native re-vegetation model which makes the landscaping to be erosion resistant so soil won’t be washed onto the road or the environment around it."

All four lanes have yet to open, as finishing work on the expansive project wraps up.

Related Articles

New Sydney suburb fast tracked for completion

Now could be the perfect time to consider purchasing investment property in Sydney's new ...
read more

NSW mid-coast areas declared natural disaster zones

Residential property dwellers in flood ravaged parts of New South Wales have been given a helping ...
read more

Hospital redevelopment kicks off in Campbelltown

Residential property dwellers in Sydney's south-west region are set to benefit from a ...
read more

Latest Articles

How is Australian investment faring?

Looking at the investment property market, it appears that the industry is thriving. The Australian ...
read more

Council calls for property reform

Buying a property comes with a wide range of fees and taxes, depending on where you buy and the ...
read more

Home values just keep on rising

Despite an alleged peak in home building having passed and a cooling in growth, there is still a ...
read more