Economic growth and employment are two factors that people interested in buying property should investigate. After all, a neighbourhood with low economic prospects will often have a similarly stagnant real estate market. But the good news for anyone consider Caboolture real estate is this: Queensland has seen impressive employment growth figures over the last year, highlighting the state's rising economic prominence.
Treasurer Tim Nicholls said the state created more jobs than any region over the last 12 months, as Queensland's four pillar economy continues to move forward in strides.
"In August 26,500 jobs were created in Queensland, a growth record second only to New South Wales for the month," said Mr Nicholls in an 11 September statement.
"Unemployment in Queensland is sitting at 6.7 per cent, both on trend and seasonally adjusted measures. While our economy is growing strongly there is more work to be done to ensure all Queenslanders are sharing in that growth."
In the future, more job-creating infrastructure is expected to be announced as the final version of the Strong Choices plan is prepared to be released. This could make Queensland a wonderful location for future investment.