REIQ Gold Coast zone chairman Andrew Henderson. Picture: Jerad WilliamsONE of the rules of buying property is to follow the infrastructure trail. In other words, you should buy properties close to where new infrastructure is being built. Infrastructure projects are proven to be a key factor driving up the value of houses. The Collective, Palm Beach. Photo by Richard GoslingWhat many people don’t realise is that venues like bars and restaurants can also add value to nearby properties, although generally not those homes located right next door. An English study found the opening of Michelin star restaurants in a suburb could lead to property prices rises of up to two per cent in one year. This is not surprising to me. Cafes, restaurants and hotels add to the lifestyle appeal of an area. Property owners and renters want to live close to the action. So, I would jokingly suggest you ask a friendly restaurateur to open a new venue near your home.-ANDREW HENDERSON An aerial general view of the Gold Coast skyline.The best documented impact on property prices relate to transport projects. For example, a Lloyds Bank study found that closeness to tram stops created premium property prices throughout England. Proximity to train and tram stops have long been identified as creating a price premium in Melbourne. Research into the Gold Coast property market has found that land within 400m of the stations increased in value by seven per cent more than the surrounding land, in the year after the light rail began operation here.More from news02:37International architect Desmond Brooks selling luxury beach villa18 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoBut it’s not just transport links that property buyers should be looking at. Social infrastructure, which includes schools, hospitals and community facilities; can also boost property values. For example, on the Gold Coast, closeness to The Southport School can add a significant premium on prices.Local attractions can also have a significant impact on prices.The most obvious one on the Gold Coast is the beach. The closer your property is to the beach, the more it is worth.