Welcome to our Sunshine Coast Community and Property Market News

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Twin Waters West proposal rejected by Sunshine Coast Council


On Thursday 23 July, the Sunshine Coast Council voted on Stockland's revised proposal for a masterplanned community neighbouring Twin Waters, aka "Twin Waters West".


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Sunshine Coast City Hall construction to commence


Located in the new Maroochydore City Centre, Sunshine Coast Council are due to develop a leading edge, visionary commercial tower as their new central administration facility.

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North Coast Rail Line Duplication Project Update


Tenders will be sought next month for the design and construction of Stage 1 of the Beerburrum to Nambour Rail Upgrade on the Sunshine Coast.
 

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$100 million powerline project for Sunshine Coast


The SunCoast powerline between Palmwoods and West Maroochydore, delivered by Energex, will power more than 275,000 homes, as well as jobs and business growth.

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A second record low 1.99% home loan has arrived


Lender loans.com.au has introduced a record low discounted variable rate of 1.99%, available for one year before it reverts to 2.57%.

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Should you add extra money to your mortgage or superannuation?


With plenty of noise around the importance of reducing debt, plus the equally loud championing of additional super contributions, confusion over which is best can easily lead to lack of action.

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Sunshine Coast remains a standout market during COVID-19


Most of the postcodes across the Sunshine Coast region, including Noosa (which is a separate local government area), have vacancy rates between 1% and 2%. While some of the capital city CBDs and tourism-dominated locations like Surfers Paradise have had big blowouts in their vacancies, the Sunshine Coast has resisted this trend.
 

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Can regional housing markets benefit from COVID-19?


In the June 2020 quarter, about 3 months into the engineered economic slowdown, CoreLogic data showed regional centres have seen higher capital growth than the capital city regions. The charts below show the rolling quarterly growth of Sydney, Melbourne and Brisbane, alongside quarterly growth of nearby major regional centres. 

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Extra 10,000 FHB loan guarantees released for First Home Deposit Scheme


Each state has seen successful applications with the top three being NSW, where 1397 certificates have been issued after settlement of a property, Queensland with 1119 and Victoria with 951, as of April 20. A further 3909 places are on hold waiting for the purchase of a property while only 1944 places are still available.

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Print is alive and well on the Sunshine Coast


With News Corp suspending printing of 60 community newspapers in New South Wales, Victoria, Queensland and South Australia from April 9, we welcome the news that My Weekly Preview is committed to quality print journalism and delivering content locals want.
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