Sunshine Coast Property Market News - Latest Updates for local Real Estate

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Strong demand for Sunshine Coast office space


The Sunshine Coast has recorded a significant drop in office market vacancy in what has been labelled a positive sign for the region’s economy.
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Council Adopts Changes to Special Entertainment Precincts


The Sunshine Coast Council adopted the proposed changes to the Special Entertainment Precincts, in particular, the Maroochydore City Centre SEP, the Ocean Street Food and Music Sub-Precincty, the proposed Nambour SEP, and proposed changes to the development assessment for the location of Micro-breweries.

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Responsible lending rules updated by ASIC


The Australian Securities & Investments Commission has updated its guidance surrounding responsible lending rules for the first time in five years.

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Sunshine Coast tops the list of Property Hotspots for 2020


Real estate forecasters at Hotspotting have revealed their top 10 places to consider  buying property around Australia in 2020, with long-term capital gains expected in each location.

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RBA holds rates at December meeting


The Reserve Bank of Australia have kept the official cash rate at a record low 0.75 per cent at its December meeting today.

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Queensland Government's Proposed Tenancy Law Reforms


The Queensland Government has announced plans to “ensure safety and fairness” in the state’s rental market, in response to community consultation.
 

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OPINION: RBA will cut cash rate to 0.25% by June 2020


Westpac now expects two rate cuts next year from the RBA with the cash rate cut to 0.25% in June 2020. Quantitative Easing is also expected to begin in the second half of 2020.

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2020 Real Estate Outlook: Expert Predictions For Mortgage Rates, Home Prices, Tech And More


The 2019 housing market has been one of low rates, high demand and limited supply—particularly on the lower-priced end of the market. 

Will 2020 be more of the same? According to experts, yes and no.

 

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Queensland markets head into summer with plenty of highs


In a quarterly update from the Real Estate Institute of Queensland (REIQ), each of South East Queensland's markets has proven positive for investors despite varying levels of confidence.

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Government mortgage guarantee scheme aims to help first home buyers enter the property market


A Federal Government scheme to allow first home buyers to purchase a property with a deposit as little as 5 per cent will operate on a "first-in, best-dressed" basis. The Government has today unveiled details of the scheme aimed at helping up to 10,000 first home buyers on low and middle incomes enter the market each year from January 2020.

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