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Property construction strength offers confidence for 2014/15

By James Brown

Building your own piece of Caboolture real estate is an achievable goal, especially if you're interested in making market moves in the coming months. In fact, the next 12 months are expected to be strong, with the latest Housing Industry Association (HIA) and RP Data Residential Land report highlighting the strength of the Australian land sale market. 

HIA chief economist Harley Dale said the quarterly growth across the nation has been strengthening, with the June quarter boosting the annual growth rate up to a huge 10 per cent increase across the country. 

"Both capital city and regional land markets experienced higher turnover during the June 2014 quarter. Growth was stronger in the aggregate regional land markets – up 13 per cent compared to a 5.5 per cent lift for Australia's six state capitals," said Mr Dale in a 23 October statement. 

Furthermore, RP Data research director Tim Lawless said this was the strongest result since the June quarter in 2013, offering some insight into the increasing strength of the national market. With Queensland's overarching economic strength rising, now could be a brilliant time to consider constructing your own Caboolture property in the near future.

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