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

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UPDATE: Council approves Mooloolaba's first 5-star hotel


Aria Property Group's application detailed its plans for the $250 million 14-story building which will include 139 hotel rooms and 66 residential apartments. 

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Maroochydore CBD Update: State Government approves changes to PDA's development scheme


Greater housing diversity and a new Maroochydore CBD will be accommodated in the Maroochydore City Centre Priority Development Area after the state government approved changes to the PDA’s development scheme.

Maximum building heights have been increased in some areas to accommodate additional growth.

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RBA to cut cash rate to 0.75% in October & to 0.50% in February: Bill Evans


Since we announced the 0.75% target terminal rate on May 24 a number of factors have strengthened the case for an even lower terminal rate.


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Sunshine Coast remains top market in the state


Analysis of sales activity confirms the status of the Sunshine Coast: 10 suburbs have rising buyer demand, while another 13 have consistent sales activity.


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Southeast Queensland housing markets deliver positive growth


“There are some great, affordable suburbs that are delivering outstanding growth, proving that as long as you do your homework you can achieve strong growth at any price point,”  REIQ CEO Antonia Mercorella said.


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Property Education Seminar a great success


Our recent Property Education evening at the Mantra Mooloolaba International was a great success! Attendees enjoyed free drinks, food and childminding, while gaining valuable insight into the Sunshine Coast property market and the changes affecting first home buyers, home owners and investors.

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Council to adopt changes to second dwelling regulations


The Sunshine Coast Council will be adopting proposed changes to the Planning Scheme that involve regulations around secondary dwellings, which are to be implemented at some stage this year.

 

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Cash Rate Predicted To Drop To 0.75%


Economists with the Commonwealth Bank of Australia (CBA) forecast the Reserve Bank of Australia (RBA) to slash the cash rate to 0.75% following an earlier cut this month to 1.25%.

The bank predicted cash rate to drop by 25 basis points in July rather than August, with another similar cut later in the year, most likely in November.
 

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RBA cuts rates to new record low to kickstart economy


At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.25 per cent. The Board took this decision to support employment growth and provide greater confidence that inflation will be consistent with the medium-term target.

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Fancy owning your own island?


One of 74 islands in the Whitsundays Victor Island is located two kilometres from the mainland, just south of Mackay, and has been extensively renovated by the current owners.


 

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