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Construction opportunities anticipated for 2015

By Louise Morrin

The strength of Australia's construction home loan market in November 2014 has provided some significant incentive for people across the country to consider starting their own property project. If you're interested in building your own property in Carlton, now could be a great time to start looking into the options available to you. 

Figures released by the Australian Bureau of Statistics found lending rose by 7.6 per cent over the year leading up to November, with Housing Industry Association senior economist Shane Garrett stating these figures spelt good news for the coming months. 

"Last week saw building approvals reach an all-time high during November, and today's lending figures add further to the evidence that Australia's new home building industry will start 2015 on a strong footing," said Mr Garrett in a 12 January statement. 

With these figures occurring nationwide, the possibility of Australia's housing supply increasing in the near future could be just on the horizon. Now could be a great time to consider getting in touch with a local real estate agent to begin looking into the property options available to you and your family. 

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