Welcome to our Sunshine Coast Community and Property Market News

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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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Sunshine Coast property market remains more resilient than most


As Sydneysiders contend with unaffordable property prices and Melbournians hunker down with a resurgent wave of COVID-19 infections, the major redevelopments underway on the Sunshine Coast are adding to its interstate allure.

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Which property features are now in high demand?


Property search behaviour has changed during coronavirus crisis. Separate areas in which to work and unwind became increasingly front of mind for renters and buyers in recent months, new Domain data shows, with searches for home offices more than doubling across several states.

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Construction date announced for first CBD residential building


Construction of the $83 million Market Lane Residences within the new Maroochydore CBD project is to commence in late July this year. 

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UPDATE: North Coast Rail Line Duplication Project


The Queensland Government has extended an invitation for proposals for the first stage of works of the North Coast rail line duplication.

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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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Your Guide to the HomeBuilder HomeRenovator Grant

 

The Australian Federal Government is giving eligible owner-occupiers a $25k HomeBuilder grant to build a new home or substantially renovate an existing home, on top of any state-based schemes they qualify for. This includes the Queensland State Government’s $15k First Home Owners’ Grant and transfer duty concessions currently on offer.

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