Sunshine Coast Property Market


State of our Region: 2017 a landmark year for Sunshine Coast

Mayor Mark Jamieson has described 2017 as a landmark year for the Sunshine Coast thanks to the significant progress that has been made delivering economic, environment and community initiatives.

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Peregian Springs community invited to comment on play space design

Council has developed a draft concept design for a multi-purpose play space to be located at Coolum Ridges Sports Complex at Ridgeview Drive.

The proposed design has incorporated the community’s priorities for the play space and includes multi-sports court, rebound wall, skate facilities, seating and shade trees.

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Sunshine Coast on top for dwelling approvals

​The region is outperforming all other regions with strong performance in both the residential and non-residential areas.

The Sunshine Coast had 574 dwellings approved during the month of September, an increase of 58.1 per cent from the 363 recorded the previous month.

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Sunshine Coast outperforms the Gold Coast

CoreLogic Australia has reported the Sunshine Coast as the top Queensland Regional performer for October 2017.

Watch the full report.

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Sunshine Coast remains top property market

Despite quarterly contractions, the Sunshine Coast remains one of the top performers in the Queensland market, according to the REIQ’s Queensland Market Monitor report for the June quarter.

Market trends show characteristics of a market favouring vendors, with falling supply and increasing demand and also seeing a shortening of days on market from 54 days in May last year to 46 days in May this year and the second-smallest vendor discount, at just 3.7 per cent. Read more

New Real Estate Industry Research Reveals Problem Resolution Most Valued by Consumers

New research from Canstar Blue into the real estate industry has revealed 31% of consumers value an agent’s ‘problem resolution skills’ as the number one contributor to their satisfaction.  The second most significant contributor to their satisfaction, according to 28% of customers, is ‘communication and advice’.

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RBA makes cash rate decision

The Reserve Bank of Australia has announced its official cash rate for October following its monthly board meeting.

Consistent with current industry predictions, the RBA has decided to keep the official cash rate at the record low of 1.50 per cent.

The last time the cash rate moved was in August 2016, where it ticked down 25 basis points. Read more

Sunshine Coast international visitors hit record high

Not only has the Sunshine Coast experienced its hottest winter on record, but it has broken another record and attracted the highest ever increase in international visitors with 296,000 arrivals visiting to the year ending June 2017, up 11.6% and contributing $249 million in visitor expenditure to the economy.

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National July 2017 Corelogic RP Data market update brought to you by First National

National July 2017 Corelogic RP Data market update brought to you by First National Read more

Mooloolaba foreshore moves to its next phase

The Mooloolaba foreshore area will move into its next phase with Sunshine Coast Council unveiling plans for a revitalised Mooloolaba foreshore and Esplanade precinct, part of the Place Making Mooloolaba Master Plan.

More than 6200sq m of Mooloolaba foreshore parkland will eventually return to community use with a kiosk, an outdoor gym, a new amenities building, shaded picnic and barbecue facilities, a modern adventure playground and spacious grassy areas just some of the features we have to look forward to.

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Will the 'Aldi Effect' impact Sunshine Cove ?

Sunshine Cove property owners who have homes or investments near German budget supermarket Aldi could have very valuable homes on their hands.

According to a study conducted by mover and conveyance service My Home Move, the opening of a new Aldi branch has almost always sparked an incredible surge in the prices of nearby properties in the UK. Read more

$71.5 million dollar Sunshine Coast housing boost

The Sunshine Coast is set to share in a $1.8 billion housing investment by the Queensland Government, which will deliver more than 5,000 extra homes and thousands of jobs across the state in the next 10 years.

Minister for Housing and Public Works Mick de Brenni said that under the Strategy, 243 social housing dwellings were scheduled to be built in the Sunshine Coast, at a cost of $71.5 million. Read more

Maroochydore CBD boosts regional jobs and economy

A 53 hectare greenfield site in the heart of Maroochydore, the capital of the Sunshine Coast, is being transformed into a city centre for the 21st century, offering unparalleled investment and development opportunities in Queensland’s thriving south-east corner.

The Maroochydore City centre is expected to service a wider catchment of over two million people by 2030.
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$18 million for Maroochydore Intersections Upgrade Project

More than $18 million will be invested in major intersection upgrades to provide greater access to the heart of the visionary Maroochydore City Centre community.

An agreement has been reached between the Palaszczuk Government to invest $12.6 million alongside $5.6 million from Sunshine Coast Council for vital intersection upgrades. Read more

Central Sunshine Coast tipped to BOOM !

According to a new report by Australia’s leading demographer Bernard Salt, The Activated City: Imagining the Sunshine Coast in 2040, 550,000 people will be living in the region by 2040, attracted by its entrepreneurial spirit, "hipster" culture and connectivity.

Mr Salt said direct flights from Maroochydore into Asia, expected from the expanded Sunshine Coast Airport from 2020, would see the region become as connected to Asian markets as it was to the rest of the country.

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Australia's first underground waste collection system - in Maroochydore !

The Sunshine Coast is again taking a nation leading position by unveiling Australia’s first, high-tech, automated waste collection system for a CBD, to be installed in the new Maroochydore City Centre.

Rather than using wheelie bins, waste will be transported from commercial buildings and apartments at up to 70kmh through a 6.5km system of underground vacuum pipes located beneath Australia’s newest city centre.
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New town square slated for Palmwoods

A new town square will soon create a green community space for people to gather in the heart of Palmwoods, adjacent to the Memorial Hall, with construction due to start later this month.

To allow construction to be undertaken safely, Main Street will be temporarily converted to one way (heading south) between Margaret Street and the IGA.

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Parklands Blvd set for rehabilitation

Parklands Blvd in Little Mountain is scheduled for around $400,000 of improvements, starting this week as part of council’s $23 million Road Reseal and Rehabilitation Program.

A section of road pavement between Little Mountain Dr and Ivadale Blvd will be rehabilitated.

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Sold in 5 days for $15,000 above list price - subject to inclusion of cat !

This fantastic Buderim property was sold in 5 days - for more than the listing price - with the contract conditional on Nelson the cat being included in the sale !

The sellers were very happy with the fast sale, and that Nelson the cat, who ironically they inherited when they bought the property, would be able to stay in his home.

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Coast secure during nationwide decline of new dwellings

Approvals for new dwellings remain steady on the Sunshine Coast despite a nationwide decline, according to council’s latest annual report.

The report documents local development activity that took place in 2016 and demonstrates that development on the Coast continues to remain stable.

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Palisade confirmed as Sunshine Coast Airport’s commercial partner in deal worth more than half a billion dollars

Palisade Investment Partners will be the Sunshine Coast Airport’s commercial operating partner in a deal worth more than half a billion dollars.

Under the deal, the airport will continue to be owned by Sunshine Coast Council, with Palisade operating the asset under a 99-year lease.

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$445 million worth of building boosted by Birtinya boom

Birtinya’s construction activity is significantly contributing to the region’s overall construction boom, according to council’s building data which has revealed the region recorded its highest dollar value of construction for a December quarter since 2009.

During the October to December 2016 quarter, the Sunshine Coast recorded a total building construction value of $455 million.

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REIQ Wants To Expand The First-Home Buyer Grant In Regional Queensland

The Real Estate Institute of Queensland (REIQ) is leading a state-wide push from regional local governments, urging State Treasurer Curtis Pitt to expand the first-home buyer grant in regional Queensland to include established homes.

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Sold in 11 days for $40,000 more than the list price !

We sold this fantastic Buderim property for $40,000 more than the vendor's asking price, prior to the property being marketed on the internet !

The price agreement was reached with the buyer just seven days after the agency’s appointment and the home was sold in 11 days.

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Sunshine Coast on track with smart city technology

Over the past 14 months, council has begun to implement its Smart City Framework in a bid to make it easier to live, work and do business in our region – and with a number of smart integrated technologies and initiatives already in place, it’s off to a great start. See what's next.

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Council's draft plan for 73km of scenic coastal pathway

Anyone who loves to walk, run or ride along the Sunshine Coast’s coastline should take a look at council’s Draft Coastal Pathway Master Plan and have their say on the proposed route.

Providing feedback on the draft master plan will also put you in the draw for prizes such as bike shop vouchers and restaurant vouchers for surf clubs along the Coastal Pathway route. Read more

Mooloolaba’s transformation gains clarity

Sunshine Coast Council’s vision to transform Mooloolaba into a world class beach destination has taken another step forward and the community is invited to have a say on future planning intentions for the popular tourist hub.

“The Place Making Mooloolaba Master Plan ... will deliver a world class beachfront destination at Mooloolaba,” Cr Dickson said

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New hotspots identified by Sunshine Coast council maps

Development and investment activity on the Sunshine Coast shows no signs of slowing down, according to the council's annual building approvals heat map.

Planning portfolio councillor Christian Dickson said the updated heat maps show building approvals are at the highest level they have been for seven years — and are a great gauge of ‘hotspots’ of activity. Read more

Canstar Blue announces First National Australia's leader for customer satisfaction

Customer satisfaction research and ratings agency, Canstar Blue, has announced First National Real Estate the winner of its 2016 ‘Most Satisfied Customers’ award, following customer research about the experience of homeowners, tenants and landlords with Australia’s largest real estate brands. Read more