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Media

Building Boom on the Sunshine Coast

May 30, 2018 Ann Lindner Comments ((Disabled))

A new report by the Urbahn Development Institute of Australia shows how the development industry drives our economy.

Last year the development industry contributed;
13,405 direct jobs
16,863 indirect jobs
$3.9 billion to gross regional product

On the Sunshine Coast the industry accounts for 10.7% of direct regional employment and is the regions third largest industry of employment.

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Fun Fun Fun

Dec 08, 2017 Ann Lindner Comments ((Disabled))

More exciting tourism projects are on the drawing board for the Sunshine Coast. 

Sunshine Plaza have announced they had lodged a DA for high ropes course as part of the $400 million redevelopment already underway.
Tourism bosses are excited about the innovative mix of adventure entertainment and retail.
Keeping with the theme Aussie World has received council approval for five new rides as part of the expansion of the theme park from 6 hectares to 22 hectares.
Further down the road at Glenview, work is about to start on the $450 million water park along Steve Irwin Way.
Not to be outdone, the Big Pineapple is going to also incorporate a 'Tree Top Challenge' in its redevelopment.
Adding to the success of the Ocean St Entertainment Precinct, Funlab have announced a mega-entertainment precinct at the Big Top shopping centre incorporating a 10 lane bowling alley, an 18-hole mini golf course, cocktail bar and 'escape room'.

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Sunshine Coast Facts & Figures 2017

Feb 14, 2017 Ann Lindner Comments ((Disabled))

Current Population 341,054

Predicted Population 2036 536,000

No of working people 160,500

Average house price $515,000

Gross regional Product $16 billion

Five year change +17%

Visitors international and domestic

3,522,000 in 12 months to Sept 2016 (up 12.9%)

Biggest Current Industries

Construction $1.4 billion

Health care and social assistance $1.3 billion

Financial & insurance services $1.1 billion

Key Industries for Jobs Growth

Rental, hiring and real estate

Arts and recreation

Retail

Health care and social assistance

Accommodation & food

Education & Training

Personal services

Source: The Courier Mail

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Sunshine Coast Property Market

Dec 17, 2014 Ann Lindner Comments (0)

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Recent media is talking down the ‘hotness’ of the property market.

With the Sydney and Melbourne markets slow down affecting SE Qld, what we have seen on the Sunshine Coast is longer ‘days on the market’ overall, but this is yet to equate to lowering prices.

Quality properties at realistic prices are selling within the first two weeks and homes within the radius of the new hospitals site are still being snapped up fast; one 3 bed, 1 bath, double garage Wurtulla home under $400k sold in the first few days with the agent reporting unprecedented ‘backup buyer’ enquiry.
 
Historically November is a quiet time in property sales as people are organising holidays and spending on gifts.  There is usually a flurry of pre-Christmas sales then things really heat up in February.
 
Investors are still happy with the very low vacancy rate on the Coast, especially when combined with the stable interest rate which looks set to stay around till mid 2015.
 
While many are predicting ‘a burst bubble’ soon, the Sunshine Coast has the plans on the board with employment potential and investment spending to give confidence to Buyers.

Business Confidence

Sunshine Coast Business confidence speaks for itself with 1000sq meters of commercial space already leased in the new Kon-Tiki precinct being built in the Maroochydore CBD.  The two, six storey towers are set for completion in July 2016.  The developer Pratt Property is self-funding the project and managing the leasing. Plans for the 16,000 m2 space includes state of the art fibre optic broadband, 360 degree views, bike storage, lockers and showers on each floor along with a gym and a day spa.

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Spotlight on Cotton Tree 4558

Dec 05, 2014 Ann Lindner Comments ((Disabled))

Cotton Tree is the latest skyline to boast a tower  crane. The Verve development is an 8 story residential apartment building located on Sixth Avenue, 1 street back from Maroochydore Beach, a short walk to the village, Sunshine Plaza and the river mouth.  Price for a 2 Bedroom unit on the ground floors, start from $500,000.   ..

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6.764 Billion Dollars worth of Investments

Oct 14, 2014 Ann Lindner Comments (0)

A recent analysis of the Sunshine Coast property market identified $6.764 billion worth of projects are under construction, proposed or recently completed between Caloundra to Noosa.  This covers commercial, residential, industrial, resort-hotel, mixed use, retirement and infrastructure sectors.  ..

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