Queensland Building Boost – Super Boost Deals!

Boosted…

If the new Grant offered by the Queensland Government in its budget last week wasn’t enough, here’s a ‘Super Boost’ to really get you excited.

You don’t have to be a rocket scientist to see that whenever a Government grant is introduced to the housing market the benefits are soon absorbed by rising prices.

With the Sydney and Melbourne markets already peaked or in the downswing phase now is the time to focus on Queensland. After the shock of the floods and cyclones, Queensland is primed to recover strongly and sits in the upswing phase of the property cycle so now is the time to act more than ever.

Generally these types of grants (such as First Home Owners) create ‘demand clusters’ as they bring forward activity that was likely to happen anyway causing levels to drop below what they were previously once the grant period ends. In the case of the Building Boost, we expect to see this occur in the broader market which is why we are targeting areas such as the Sunshine Coast.

Several significant infrastructure projects will commence on the Sunshine Coast over the next two years amounting to billions of dollars and tens of thousands of jobs. The first, turning soil in October, is the $2Bn University Hospital project that will alone expand the local economy by an estimated 10-15% (the only non mining community in Australia to experience such dramatic growth). The reality though is the economic effect of that wouldn’t be felt until 2012 so without the Boost it would be more of the same for the Coast property market for a little while yet. The Building Boost will stimulate the construction industry now but would likely fall back to normal levels (or below) late next year if there was no further stimulus. Combined, we should see the effect of the Building Boost flow through the local economy in the last part of this year and the stimulus from the hospital and other projects kick in as the effects of the Boost wear off bringing forward the growth phase of the Coast… effectively, a double boost. Add to this the billions of other projects planned to commence within the next 5 years and the prospects for strong growth are exciting to say the least.

So before before developers and builders take advantage of the buyer demand as a result of the Boost we’ve managed to secure several house and land packages below what you could achieve for yourself!

Check these out!

Super Boost Property Deals – Brightwater & Birtinya Island

Super Boost Property Deals – Woodgrove