State investment in Geelong High School good for local community growth
The importance of infrastructure development for those searching for real estate - investment and owner occupied alike - can't be overstated. Things like schooling options, public transport, open green spaces like parks and local amenities are all aspects of a neighbourhood that potential buyers investigate before making a commitment.
In order to help support this growth, the Victorian government has committed funding for the redevelopment of Geelong High School, with Premier Denis Napthine announcing a $20 million overhaul of the entire campus.
Geelong as a whole is undertaking a number of growth avenues, including residential property in the north, which could offer a great option for those investigating accommodation investment in the region.
The work will be conducted in three phases with the first part receiving $8.5 million in funding in the upcoming state budget. The remainder will be allocated in future budgets for the region.
Nearly 1,000 students will benefit from this upgrade. With a brand new, state-of-the-art learning space for them to utilise, the development will also work alongside new teaching methods in order to get the most out of the adolescent students in the area.
These include new technologies and personal development facilities, as well as new seminar and art spaces, a new library and revitalised physical education facilities.
Minister for Education Martin Dixon said the development would be beneficial for the future, with the Coalition government immediately providing more than $240,000 funding for maintenance work in the school.
"I am pleased to now announce a complete $20 million rebuild with $8.5 million in works to be included in May's state budget," said Mr Dixon in a March 28 statement.
"This work will complement the $16.3 million we have provided to Northern Bay P-12 College to upgrade and build new learning spaces and specialist facilities across the school's Goldsworthy Road, Peakcock Avenue, Hendy Street, and Wexford Court campuses."
The local government in Geelong supports his investment as well. Candidate for Geelong Paula Kontelj recently stated her excitement for the new development.
"This announcement will delight students, teachers and parents both past and present as the school is Geelong's first secondary state school and holds special memories for so many people in our community over so many years," said Ms Kontelj in a March 28 statement.
With the increased rate of infrastructure growth across the region, there could be fantastic opportunities to purchase residential property in the local area.