We have just released our latest Secret Agent report!
The Melbourne Metro tunnel is an initiative launched by the Victorian Government in 2015, with construction already underway. The project includes the addition of five new stations connected underground, with an expected completion in 2026.
There are clear benefits to the project, including an increased capacity of 36,000 passengers during peak periods, as well as easing overcrowding of the current city loop and the inner-city tram network.
While the social benefits are clear, the impact this project will have on properties near the construction and eventual completed infrastructure is unknown.
In this report, Secret Agent will investigate; how the construction will affect businesses, prices and buyer sentiment; what the tunnel will mean for new developments such as townhouses and apartment blocks and how the Melbourne Metro compares to other city transport systems such as the Scania region in Sweden and Montreal.