{"id":21065,"date":"2018-05-23T01:00:16","date_gmt":"2018-05-22T15:00:16","guid":{"rendered":"https:\/\/realestatetalk.com.au\/?p=21065"},"modified":"2018-05-23T01:00:16","modified_gmt":"2018-05-22T15:00:16","slug":"dubbo-offers-pleasant-surprises-for-investors","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/dubbo-offers-pleasant-surprises-for-investors\/","title":{"rendered":"Dubbo Offers \u2018Pleasant Surprises\u2019 For Investors"},"content":{"rendered":"<p>In this ever-changing digital world, global demand for computers, iPhones and electronics is enormous, and with a focus on reducing air pollution and creating alternative energy sources, the demand for wind turbines, electric cars, and energy-storage batteries is set to go through the roof.<\/p>\n<p>What\u2019s common to all these is a range of very precious metals and minerals that are only found in a limited number of locations around the world. One such location is Dubbo.<\/p>\n<p>\u201cFrom rare earths and precious metals to some of the best-quality red meat in the world, this very lucrative region has already seen a spike in jobs at a rate that is three times higher than the national average,\u201d says Simon Pressley, Propertyology\u2019s head of property market research.<br \/>\nHe believes the biggest and most interesting future growth driver for Dubbo\u2019s property market will be the hundreds of direct and indirect jobs to be created from the development of a unique mining project and associated rare earths processing facility by Alkane Resources over the next two years.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"alignleft\" src=\"https:\/\/i0.wp.com\/au.res.keymedia.com\/files\/image\/a1%20%28300%20x%20437%29%281%29.jpg?w=1060&#038;ssl=1\" alt=\"\" \/>\u201cDubbo itself is not a mining or farming town,\u00a0but the region is rich with commodities, including gold, scandium, coal, gas, zirconia, beef, sheep, wheat, barley and canola,\u201d Pressley says.<\/p>\n<p>\u201cThere are many pleasant surprises about Dubbo.\u00a0 This strong regional city has maintained an unemployment rate well below the national average for several years and has produced an increase in jobs at a rate that is the envy of capital cities.\u201d (See graph.)<\/p>\n<p>Located just 300km northwest of Sydney, Dubbo performs the role of \u2018capital city\u2019 for the Orana region\u2019s population of 130,000 people. Dubbo is strategically located along major freight and rail hubs and is linked to national highways connecting Brisbane, Melbourne, Sydney,\u00a0<a href=\"https:\/\/www.yourinvestmentpropertymag.com.au\/top-suburbs\/nsw-2300-newcastle.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">Newcastle<\/a>,\u00a0<a href=\"https:\/\/www.yourinvestmentpropertymag.com.au\/top-suburbs\/nsw-2880-broken-hill.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">Broken Hill<\/a>and\u00a0<a href=\"https:\/\/www.yourinvestmentpropertymag.com.au\/top-suburbs\/sa-5000-adelaide.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">Adelaide<\/a>.<br \/>\nWith a major hospital (undergoing a $250m recent expansion), a university, one of Australia\u2019s largest regional airports, and significant recent investment in retail facilities, there\u2019s nothing lacking in Dubbo\u2019s essential infrastructure checklist.<\/p>\n<p>\u201cThe city has also invested heavily in quality social infrastructure.<\/p>\n<p>With its Regional Theatre and Convention Centre, good-quality hotels and excellent sporting facilities, the local economy frequently benefits from hosting major events,\u201d Pressley says.<br \/>\nThe federal government also recently committed\u00a0to building Australia\u2019s largest-ever non-capital-city infrastructure project, the\u00a0$8bn Inland Rail Project. Dubbo is one of several cities that stand to benefit from economic development as a result of being able to distribute more of its produce and products along the future Melbourne\u2013Brisbane rail freight connector.<\/p>\n<p>\u201cA change in localised economic conditions is generally a precursor to a change in property market activity, while a sustained improvement in employment conditions gives a community confidence to buy their first home, upsize, renovate or relocate,\u201d Pressley says.<\/p>\n<p>\u201cWe believe that there are numerous reasons to be extremely confident about the long-term prosperity of this grossly underestimated regional city.\u201d<\/p>\n<p><strong>Originally Published by :<a href=\"https:\/\/www.yourinvestmentpropertymag.com.au\/property-development\/dubbo-offers-pleasant-surprises-for-investors-247639.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.yourinvestmentpropertymag.com.au\/property-development\/dubbo-offers-pleasant-surprises-for-investors-247639.aspx<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this ever-changing digital world, global demand for computers, iPhones and electronics is enormous, and with a focus on reducing air pollution and creating alternative energy sources, the demand for wind turbines, electric cars, and energy-storage batteries is set to go through the roof. What\u2019s&#8230;<\/p>\n","protected":false},"author":176692473,"featured_media":21066,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13,25,31],"tags":[70],"class_list":["post-21065","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-story","category-sponsored-channels","category-your-investment-property","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dubbo Offers \u2018Pleasant Surprises\u2019 For Investors - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/dubbo-offers-pleasant-surprises-for-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dubbo Offers \u2018Pleasant Surprises\u2019 For Investors - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"In this ever-changing digital world, global demand for computers, iPhones and electronics is enormous, and with a focus on reducing air pollution and creating alternative energy sources, the demand for wind turbines, electric cars, and energy-storage batteries is set to go through the roof. 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