Queensland premier Campbell Newman has turned the first sod on a Brisbane project that will see the creation of over 300 units and house around 3,000 people.
Australian house prices have slowly risen for the last consecutive four months, adding further evidence to the argument that the Australian real estate sector is improving.
What's considered to be an early Christmas from the Reserve Bank of Australia, official interest rates have been cut by one quarter of a per cent to 3.25 per cent, the lowest in three years.
The confidence of prospective home buyers and mortgage holders is ever increasing due to falling house prices, increasing wages and a slew of interest rate cuts.
Gold Coast confident with new construction incentive campaign
The Housing Institute of Australia has welcomed the recently-opened Gold Coast City Council Kickstart Construction campaign where there is a 100 per cent discount on infrastructure charges.
