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Property News

Queensland residential property boosted by schools fund

January 06, 2012

Residential property owners and investors in parts of the sunshine state will be pleased to hear that a number of schools are set to receive additional funding.

The Queensland government is making more than $29,000 available for a range of works to begin on educational infrastructure on the Sunshine coast.

State minister for government services and building industry Simon Finn announced on January 5 that Glenview State School, Noosa District State High School and Bli Bli State School would all be able to undertake some much-needed improvements.

Finn asserted: "The Special Building Needs Program was developed in addition to existing maintenance programs to provide extra funding for projects that arise in the course of the year or are unable to be completed by the school because of the cost."

The minister described the funding as being great news for both the students and teachers at the schools- as well as their parents.

"This funding demonstrates the Bligh government's commitment to maintaining public infrastructure for the benefit of the community," said Finn.

For residential property owners, this could also help to improve their prospects - with the availability of quality schools being an important factor for many prospective buyers and renters.

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