New property figures outlining growth in Queensland's housing sector have been welcomed by state treasurer Tim Nicholls.
Data from the Real Estate Institute of Queensland (REIQ) revealed the number of units and townhouses sold across the state jumped nine per cent in the final quarter of 2012, when compared with the previous corresponding period.
The news may be encouraging for those hoping to sell property in Rockhampton, with Mr Nicholls claiming government policies are helping the housing and construction industries prosper.
Commenting on the REIQ statistics, he said: "[The] results add to the ever-increasing list of industry reports that show the emergence of green shoots in the sector, and the economy more broadly."
He listed a number of schemes the Newman government is running to support homeowners, including the reintroduction of the Principal Place of Residence Concession, which enables buyers to save up to $7,000 when purchasing a property.
The Great Start Grant has also helped, Mr Nicholls said, with the initiative offering $15,000 to first home buyers who choose to build or purchase a new house.
"We're reforming state planning legislation to streamline processes by allowing developers to deal with one single office," he commented, adding that this will reduce red tape in the industry.
THE Queensland Government delivered on its promise to support manufacturing in Central Queensland, with the opening of a new Manufacturing Hub at Rockhampton’s CQUniversity campus on Tuesday. Minister for Manufacturing Cameron Dick (who was joined by CQUniversity senior deputy vice-chancellor Alastair Dawson, Member for Rockhampton Barry O’Rourke and Member for … Read more
Despite the 2020 market hitting the ground running, sales have started off low with only two sales breaking the $500k mark in the last week. Most sales, apart from a handful on the coast, failed to fetch prices higher than recent sales suggesting Rockhampton is still some way off former … Read more