Homeowners in Hunter may benefit from transport proposals
A transport plan for the Hunter region was released on April 1 by New South Wales Minister for Transport and Acting Minister for Roads Gladys Berejiklian.
The proposal includes a range of actions that could make property values in the area increase, as the region becomes even more accessible.
The plan outlines short, medium and long term options to deliver infrastructure projects and transport solutions to the area, noted Ms Berejiklian.
"The plan demonstrates the government's commitment to public and community transport, roads infrastructure and services that support and encourage economic and social development," Ms Berejiklian said.
Work is required on a number of roads in the area, according to the plan.
This includes upgrades required for the M1 Pacific Motorway. The road requires widening and extension, while the Weakleys Drive intersection needs work, too.
An upgrade of the Gowrie Gates underpass has been identified as work required for the New England Highway. This work will "improve freight access through the Hunter Valley".
Improved transport options and a streamlining of major arterial routes will make residents of the area pleased, as local roads could potentially be less congested. For those with home mortgages in the area, this could see their property values increase.
Construction of the Newcastle Inner City Bypass was identified as a priority for the Pacific Highway.
In addition to these significant roadworks, a new light rail network has been proposed.
This will link Newcastle beach with a new Wickham-based transport interchange.
The new light rail network is a "transformational project that will open up and revitalise the region", according to Ms Berejiklian.
What happens now?
The state government plans to work with local councils in the Hunter region to identify priority actions.
Projects will be delivered in line with funding availability.
The planned actions could be a massive boost for the region and push up demand for property in this popular NSW locale.