According to recent data released by the Australian Bureau of Statistics (‘ABS’) the seasonally adjusted estimate for total dwellings approved rose 8.3% in February and has risen for two months.
Queensland and New South Wales both recorded a significant increase over the month. Source: ABS - (for the February 2017 key figures and key points - click here)
CFMG’s Land and Opportunity Fund provides investors with the potential to invest in a pipeline of projects:
- Where approvals and subdivision add potential value and the potential for improved investment returns;
- Where the specific CFMG investment criteria for each investment opportunity are met;
- That provides the potential to diversify through investing in multiple projects.
View the below video to learn more on the CFMG Land and Opportunity Fund:
In recent months, CFMG has completed its offers with Solander Park Ridge and Oakland Pocket Morayfield which are considered to be well placed in South East Queensland growth corridors during a phase of the housing cycle where the median house price in Sydney could currently purchase 2.2 homes in Brisbane.