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Growing confidence statewide could encourage Caboolture investment

By James Brown

Queensland has continued to record strong growth in home lending figures, providing investors interested in Caboolture real estate with the chance to put their plans into motion. 

Recent data released by the Australian Bureau of Statistics found the March quarter recorded the highest investment commitment for construction in Queensland since February 2008. 

As the current cash rate environment supports continued lending, now could be a great time to begin considering your own property options in the Sunshine State.

Queensland treasurer Curtis Pitt welcomed the results, which have further reinforced the state's position as a great place to invest in real estate in Australia. 

"Lending Finance data shows investor housing finance in Queensland for the purchase of existing dwellings for rent or resale totalled $4billion in March quarter 2015," said Mr Pitt in a 15 May statement. 

"Meanwhile, investor finance commitments for the construction of new dwellings rose to $625million in March quarter 2015." 

As confidence in the region grows, the possibility of future business and residential investment statewide could be encouraging for further increases. 

Be sure to get in touch with a real estate agent in Caboolture today to begin discussing the property investment options available in the local community. 

DT: New figures from the Australian Bureau of Statistics show more people are buying Queensland property for investment – a sign of confidence for Caboolture real estate owners. 

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