Darling Downs bucks falling building trend
PREDICTIONS were spot on when Master Builders' Paul Bidwell said business would pick up in the construction industry after a somewhat bleak couple of years.
The Darling Downs saw the third highest improvement of new residential approvals in the state from 2011 to 2012, with a 39.8% increase, despite a national trend of approvals falling by 4.4% for the same period.
Master Builders director of Housing Policy Mr Bidwell said he was thrilled to see Queensland bucking the national trend, with only three out of nine regions heading south into negative territory.
"Looking closely at the regional figures, is it clear that regional Queensland has fared much better than south-east Queensland and is currently driving the emerging resurgence in the housing sector," Mr Bidwell said.
"Brisbane and the Gold and Sunshine Coasts, the traditional powerhouses of housing in Queensland, were the only areas of the state not to post improvements in building approvals during 2012.
"Despite the poor performance of the south-east, the overall figures for Queensland reinforce our view that housing activity will improve across the state during 2013."
November's statistics, as reported in the January 23 edition of the Daily News, painted a different picture for the Darling Downs.
The Darling Downs had 137 new residential approvals in November 2011 alone and 124 in November last year, a decrease of 9.5%.
But, overall, the year's figures show a steady incline in the right direction.
The Southern Downs Regional Council currently has no development applications on file.