[Video] More regional jobs to benefit queensland investors

Some parts of regional Queensland are known for being property hotspots, thanks to the strong resource sector. However, things are about to get better for Queensland’s real estate investors. A new plan announced by Premier Campbell Newman has outlined how the government will create thousands of jobs across the state in coming years.

Currently, Queensland’s mining sector employs more than 400,000 people, but over the next few years this could rise significantly. This will occur through the 30-year Resources Q plan, which will encourage investment in the state’s lucrative resources sector.

As a result of more business investment, rental property owners in places like Mackay and Rockhampton will benefit from a larger population.

Recent figures from the Real Estate Institute of Queensland have identified that vacancy rates are already tightening in Rockhampton, showing positive results for investors. Over the three months to September, vacancies dipped by 0.7 percentage points.

With more jobs on the way, savvy investors might want to keep an eye on regional Queensland markets.

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