[Video] QLD contributes to new home building record

One key to being a great property investor is knowing where the construction growth is happening. By watching for an increase in the amount of housing going up, you can take advantage of the potential for value growth.

And when you take a look at the latest construction figures, it’s clear that Queensland is a strong driver of growth in Australia.

The Housing Industry Association says our state’s dwelling approvals went up by 5.7 per cent in November – that’s the third best growth in the country.

Right across the nation, there were just over 18,000 approvals for new homes during this month. That’s a new record, and a great indicator of a healthy property market in the near future.

The growth is spread across multi-unit and detached dwellings, which means that no matter where you look in Queensland, there’s likely to be the right type of investment property for you.

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