A recent report has highlighted that now is the right time for Canberra to invest in new light rail investment, which aims to alleviate stress on commuters in the near future. Minister for Capital Metro Simon Corbell said that the projected population growth for the region means adopting this transport method sooner rather than later is important to the continued growth of the city.
He pointed out that other cities across the world have all experienced significant benefits and increases in productivity since committing to a light rail system. This could be great news for owners of Belconnen real estate who are looking for an alternative way to commute to and from work every day.
“The report also identifies the impressive capacity benefits offered by light rail that moves between 4,000 and 20,000 people every hour, compared to the same road space that can move about 1,000 people in cars or between 2,000 and 8000 people in buses. This capacity is crucial for Canberra’s public transport as we head towards a population of 600,000 by 2051,” said Mr Corbell in a 5 March statement.
If you’re interested in buying real estate in Belconnen, now could be a great time to consider speaking with a local agent and finding the right home for your needs today.