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Winning Numbers for the Sunshine Coast Economy

Ann Lindner - Wednesday, January 21, 2015

1% Vacancy Rate on the Sunshine Coast

 

This is the lowest residential rental vacancy rate of any major centre in the state.

49% Increase

This is the increase in the number of single detached housing approvals on the Sunshine coast in the 12 months to October 2014

3134 Building Approvals
In the 12 months up to and including September 2014 this number of approvals equates to a 63.2% increase for the Sunshine Coast.
 

90 Days

The average days a property is on the market, down from 110 days in September 2013.
 

$473,500

This is the median house price in the Sunshine Coast local government area, up 1.2% from the previous three months to Sept 2014.  Noosa local government area median house price is $522,500.

 

31st January 2015

Campbell Newman has just announced this date for the next State Election.  Good news for Real Estate and Business as this means there will be only the limited 3 weeks disruption to the confidence of consumers spending money on houses or consumables or entering contracts.