Access to employment is one of many features people look at before moving into Surfers Paradise property. Knowing there's a strong economy means there's likely to be increased job prospects, which can make an area seem all the more attractive to buyers and renters alike.
The latest national unemployment figures show that as of December last year, the Australian employment rate stood at 5.8 per cent. This could provide a good benchmark for when you're looking at specific parts of the country and deciding where to make your next property investment.
Relocating is a big decision to make, both emotionally and practically. While there are certain things you might be able to live without, such as easy access to a local store or open spaces, it's likely that employment opportunities won't feature on this list.
For many people, the decision to move is fuelled by a new job opportunity. This might require them to head to another part of the state, or perhaps elsewhere in the country to further their career.
However, if you've decided to relocate for another reason, then knowing there are some employment prospects can be a real advantage. Looking at the profile of the area will give you a better understanding are there many large businesses with headquarters there? Are there any major developments in the pipeline that will improve jobs for local workers?
A thriving economy such as the Gold Coast's means there are always new projects springing to the surface. As a result, this ensures a steady flow of jobs that can be beneficial if you're pondering a move into Main Beach real estate.
For example, the Queensland government recently announced that proposals had been put forward for a 700-room hotel and apartment tower at the Jupiters Integrated Resort. If given the go ahead, this would create more than 1,000 jobs during the construction phase, and many more once the building is up and running.
Another reason to look carefully at where you're moving to is to ensure your skills match what is currently in demand. The Gold Coast, for example, has a number of major industries ranging from tourism to hospitality. If you have experience in these sectors, then the likelihood of securing a job is increased.
However, some areas are not as prominent in this part of Queensland. The resources sector is centred around other parts of the state, as is large-scale manufacturing. This is why it pays to be in the know when you're relocating, as this can help increase your employment prospects when you eventually do arrive.
If you're new to an area, then it's not always easy to know where you should be looking for prime real estate and access to jobs. Enlisting the help of a real estate agent can help reduce the guesswork and ensure you find somewhere that will benefit you in the long run.
Here at Ray White Surfers Paradise, we have a sound knowledge of the local area and the sort of places you should consider if you want to be best-placed for up and coming job opportunities. We have 23 offices across the Gold Coast region, so there's sure to be somewhere that will fit your individual requirements.
In an area as diverse and up-and-coming as this, it can be difficult to narrow down your options. However, with our team on your side, this doesn't have to be a chore.