Mildura redevelopment to boost economy
Rural property dwellers are faced with additional challenges that come from living in isolated areas, such as the proximity of amenities, education facilities and employment opportunities.
With this in mind, Victorians looking for residential property in the state's regional areas may be interested in the town of Mildura, which is earmarked for a multimillion-dollar redevelopment project.
State deputy premier Peter Ryan said the Mildura riverfront redevelopment is progressing, with planning underway on the second stage of the project.
"The main focus of the Mildura Riverfront Precinct Redevelopment is to build a stronger connection between the CBD and the riverfront," Mr Ryan explained.
"A stronger connection will allow improved access to the riverfront, attract investment in the local economy and create new riverfront opportunities for people to use and enjoy."
For those interested in purchasing Mildura real estate, the project is likely to be a major draw card, with it comprising a new pedestrian promenade connecting the CBD to the river, a new riverfront park, a tourist information hub and opportunities for mixed-use developments.
Member for Mildura Peter Crisp said the redevelopment is a major boon for the region, helping to grow the local economy as a by-product.
"The Mildura riverfront and marina project will boost the local economy promote tourism growth across the Sunraysia region," Mr Crisp explained.