[Video] Queensland Supply Steams Ahead

Welcome to Think Investment Realty news

While approval rates for apartments and houses continue to dovetail and change speeds each month, one thing is certain – Queensland is performing strongly when it comes to new homes. The Housing Industry Association was pleased to note that across the month of May, Queensland recorded a 3.6 per cent rise in new home approvals, in seasonally adjusted terms. Considering that some states saw more than 30 per cent reductions in dwelling approvals, this is a sterling result for the Sunshine State.

Across the nation, multi-unit homes increased the most in May, showing that apartment developments are very strong once more. Both houses and units are great investment options for those looking to create capital gains, but understanding the growth rates of these types of property is crucial for a good strategy.

That’s it from us at Think Investment Realty. See you next time.

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