Investors lead charge in booming housing sector
INVESTORS are leading the charge in a booming Clarence Valley housing construction sector, says a local builder.
The franchise owner of GJ Gardner Homes Grafton, Micah Middelbosch, said he has about 18 buildings "on the go" now and inquiries are flooding in.
"I've had to put extra staff on in the office and extra teams of concretors, carpenters and even plumbers," he said.
He said his company was building homes right through the Valley.
"Yamba, Maclean, Woombah, Junction Hill, Grafton, Kungala. Just about anywhere in the region," he said.
"And I think you'll find everyone else will be in the same boat."
Mr Middelbosch said investors were driving the latest growth.
"They're seeing the highway construction, the bridge and the jail and they're pushing it forward," he said.
While everything is positive now, he can see some issues coming up.
"While there's enough land now, land availability could become a limiting factor," he said.
"Most of the vacant blocks in Yamba have been snapped up, there's only the high end stuff left.
"There's plenty of land in Grafton area for a couple of years."
Clarence Valley Mayor Richie Williamson said land availability was largely market driven, but the council had done its part by rezoning sizeable parcels of land for development in Clarenza, Junction Hill, James Creek and West Yamba.