Queensland welcomes $60m childhood education boost
Buying residential property is a large financial commitment that is likely to be dictated by several lifestyle factors.
The proximity and quality of childhood education may be one such element that would-be buyers will consider when deciding on a real estate purchase.
With this in mind, prospective homebuyers may be interested in snapping up property in Queensland after the state government announced a $60 million boost for the early childhood sector.
Announcing the multimillion-dollar initiative on January 3, education, training and employment minister John-Paul Langbroek said the state's youngest learners will benefit from the grants.
"These grants will go a long way towards improving facilities, resources and equipment so that more Queensland children can enjoy a quality early childhood education," Mr Langbroek explained.
"Nearly $40 million worth of grants have already been delivered, which means that many services will be able to provide children with an even better start to their education this year."
The minister went on to add that applications for essential maintenance and refurbishment grants will open over the coming weeks - enabling education facilities on government-owned land to carry out necessary improvements.
More than 750 day care centres have already received $5,000 for enhancement works.