The $7m stimulus to see continued property success

We are all now well aware the Sunshine Coast is in a huge growth phase, and it’s about to be fired up once again. It’s recently been released that there is a 7-million-dollar boost from a community stimulus program just added to our already stimulated economy, so the boom time is just beginning!

All across South East Queensland, Councils are sharing $100 million for shovel-ready infrastructure projects that could create up to 2,500 jobs as part of Queensland’s plan for economic recovery. The plan is to create jobs across SEQ by assisting councils to fast-track investment in new infrastructure.
Deputy Premier and Minister for Local Government Steven Miles said the Palaszczuk Government’s South East Queensland Community Stimulus Program (SEQCSP) was designed to make an immediate impact on communities.

What does this mean for the property market? Well, if the region creates more jobs to implement these infrastructure projects, then we will retain and attract people who will want to live here while they work, which will add to the pressure we’re seeing in the property market. This will impact both the rental and the sales markets with prices expected to stay strong and most likely increase.

Additionally, with more new infrastructure, the lifestyle and amenity here improve and once again we will retain and attract more people to live here thus adding to the market pressures.

If you are considering purchasing an investment home, partnering with your Investor Property Specialist you will experience a guided journey tailored specifically to your needs and circumstances.

You will be coached with useful information and expert insights to make decisions confidently, and investment opportunities will be researched to ensure they meet your personalised plan prior to presenting for your consideration.

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For more on the government incentives read this article from Sunshine Coast News: https://www.sunshinecoastnews.com.au/2021/03/24/7m-injection-for-community-infrastructure-projects/