Education opportunities and house prices grow in Queensland
Young couples who have grown out of their existing property may wish to upgrade to a new home if they're thinking about expanding their family.
With cheap home loans available thanks to the consistently low 2.5 per cent official cash rate, current homeowners may wish to finally investigate that second purchase.
However, there's always the question of where to buy. For young families, the Queensland capital or wider state may be the answer.
Strength in the Sunshine State
When taking out a home mortgage to buy a property, it's wise to buy in an area where strong capital growth has been projected.
According to the Australian Property Monitors' House Price Report for the December quarter, growth in Brisbane house prices "is set to accelerate as the local economy moves up a gear".
For a young family, it's not just the value of their home that's important. Access to quality facilities and schooling options also necessitates consideration.
The recent Aspiring Teacher Grants, Pearl Duncan Teaching Scholarships and TY Ryan Memorial Medal and Scholarships have recognised promising teachers in the Sunshine State, according to the Minister for Education, Training and Employment, John-Paul Langbroek.
"We've set ourselves some very high standards to improve the learning outcomes for Queensland students, and we know that one way to do this is to attract the very best graduates to teaching careers," Mr Langbroek said.
Forty-two awardees received financial incentives to assist with their studies, whether they showed promise as future teachers or had demonstrated strong leadership. The various awards were given to year 12 leavers, as well as Aboriginal and Torres Strait Island individuals as part of the Blueprint for the Bush and the Aboriginal and Torres Strait Island Employment Framework for Action.
Given the clear commitment to supporting the teachers of the future and predicted growth in house prices, Queensland may be an obvious choice for those looking to settle down and start a family.