Hospital Hotspots: Unlocking Investment Potential in Key Australian Regions

When major medical infrastructure is built, property investors tend to follow, reaping the rewards from increased demand and capital growth. This blog explores key Australian regions where new hospital developments are driving significant investment opportunities.

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Adelaide Leads the Way: New Wave of Investments

In 2017, Adelaide's skyline transformed with the completion of the Royal Adelaide Hospital, costing a staggering $3.53 billion, making it the most expensive single building in Australia at the time. Its completion marked a turning point for property values in the area. Rental demand surged, benefiting investors with strong capital growth returns.

But Adelaide’s hospital boom is far from over. The construction of the Women and Children’s Hospital, budgeted at $3.2 billion, is due for completion in 2030. This massive development promises another wave of investment opportunities, with local property values expected to soar once again.

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Queensland’s Expansion: Redcliffe Hospital’s Boost to Property Values

Queensland isn’t being left behind in the hospital-driven property surge. The $1.1 billion expansion of Redcliffe Hospital will bring 204 new beds, expanded care services, and create over 2,500 jobs during construction. Due for completion in 2028, the expansion is poised to inject new life into the area, making it a prime location for savvy property investors to consider.

Meanwhile, the Gold Coast University Hospital, ranked the seventh best hospital in Australia, continues to drive investment in its vicinity. Suburbs like Nerang, just 15 minutes away, offer attractive tree-change lifestyles with a median house price of $814,000 and rental yields of $740 per week—perfect for investors looking to tap into the growing demand.

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NSW’s Growing Market: John Hunter Hospital and Beyond

In New South Wales, Newcastle’s John Hunter Hospital ranks among the top 20 hospitals nationally, creating ripples in the surrounding property market. Just over 30 minutes away is Medowie, an affordable area offering proximity to major medical facilities and the beaches of Port Stephens. With a median price of $830,000, Medowie offers new housing stock perfect for investors looking for modern properties near burgeoning medical infrastructure.

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Invest in the Future

Hospital developments continue to drive property demand. For investors looking to tap into long-term growth, these areas offer prime opportunities for both rental income and capital appreciation.

Get in touch with the team at Supavest to discuss your options in these growing regions. 

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