The Queensland government recently announced plans to provide $200million worth of funding into regional projects across the state.
Not only will this help to further stimulate infrastructure growth over the next two years, but this boost will also help support over 600 jobs across the region. This could be great news for buyers looking into investing in Caboolture real estate.
State development minister Dr Anthony Lynham announced the programme earlier this week, stating the funding would focus on key infrastructure projects across regional communities.
This includes the development of airports, flood mitigation measures and sewerage projects.
"We have the most decentralised state in the nation and as a government with many regional members, we know that our strength lies in those regional towns and cities," said Dr Lynham in a 25 May statement.
"The new Building our Regions program will fund projects that tackle infrastructure constraints for local businesses in those communities."
Councils across the state will be able to apply for up to $5million in funding to help achieve their infrastructure goals, which could be a significant contribution to boosting the economic potential of a community.
If you're interested in purchasing Caboolture property, be sure to get in touch with a local real estate agent today.