Welcome to our Sunshine Coast Community and Property Market News

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Buyer demand outweighing new May listings


Home sales have risen, with home owners testing the market, and new listings are rising. In fact, buyer demand is outweighing the volume of new listings.

 

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COVID-19 Impact on Job Vacancies


Job vacancies decreased by 43.2%, or by 98,200 vacancies in the three months to May 2020 (seasonally adjusted). A fall of this scale is unprecedented in the history of the series, and reflect the impacts of the COVID-19 pandemic and the associated restrictions on people and businesses, most of which were still in effect on Friday 15 May 2020 (the survey reference date).
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UPDATE: Brisbane Road Car Park Redevelopment


The proposal from KPAT Asset Management Pty Ltd for the site includes a 4.5 star hotel development comprising of 160 hotel rooms, additional car parking and ground level retail space.

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How COVID-19 has impacted tourism hotspots


When it comes to areas slightly north of Brisbane, the REIQ noted that most areas have remained stable with little movement either way.

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First National Real Estate Announces State GEM Award Winners


On Friday 22 May, First National Real Estate Coastal was recognised for outstanding achievement at the General Excellence and Marketing Awards, in a ground-breaking Instagram Live event, bringing together award recipients from each office around the state to celebrate.

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Sunshine Coast landlord forced to discount rent after QCAT rules in favour of tenant


A Sunshine Coast landlord will be forced to discount the rent for his long-term tenants after the Queensland Civil and Administrative Tribunal ruled he could not prove reducing the rent would put him at a financial disadvantage.

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Property prices set to surge post-COVID-19


"Property has shown its resilience through economic shocks before and we have no reason to expect it won’t do so again.”

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Which rental markets have been impacted most by COVID-19?


The impact on different regions will vary, depending on how exposed markets are to tourism, migration and job losses.

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Mooloolaba to Maroochydore cycleway


Have your say on the Mooloolaba to Maroochydore (M2M) cycleway.

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Realestate.com.au Search Activity Increases


Despite COVID-19 shutdowns, Australians are maintaining a keen interest in property. New data shows search activity across the Buy and Rent sections of realestate.com.au has increased over the past week and is considerably higher than it was a year ago.

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