Strong business confidence recorded in April
The strength of a local economy is a major hallmark of a desirable property market, providing people with investment opportunities and employment potential in the future.
In fact, the latest National Australia Bank (NAB) Monthly Business Survey has found Queensland at the top of Australia's states for confidence over April.
This could be extremely encouraging for buyers interested in purchasing real estate in Burpengary, as Treasurer Curtis Pitt said these figures were latest in a series of strong indicators for the state's economy.
"Queensland's trend rate for business confidence was 5 points in April, the highest confidence level for any of the states," said Mr Pitt in a 11 May statement.
"Confidence continues to grow under our economic policy settings and this is reflected by other measures including retail sales, building construction and merchandise exports."
Alongside this confidence rise, the Australian Bureau of Statistics recently highlighted that Queensland saw a 1.9 per cent increase in retail growth during the March quarter – the strongest across all Australia's states.
Now could be a great time to begin considering your own investment plans in the Burpengary region. Get in touch with a real estate agent in Burpengary and start looking into the community today.