The Housing Industry Association has welcomed the October interest rate cut by a quarter of a per cent, saying that it will help boost the sales of new homes.
The rural town of Richmond in Queensland has a population of just around 700 and the centre is attempting to bolster its modest number through the bargain of a lifetime with cheap real estate.
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.
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.
If you are interested in investing in a holiday property, you aren't going to find a better part of the world than Broadbeach in Queensland's Gold Coast.