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Sunshine Coast property market remains more resilient than most

If ever there was a place name that best self-promoted its post-COVID lifestyle credentials, it would be hard to go past Sunshine Coast. Even before the ravages of the pandemic struck the nation, the region 100km north of Brisbane was enjoying the highest interstate migration rates in the country. From its population growth, low vacancy rates, rising economy and infrastructure spending, the Sun...
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Extra 10,000 FHB loan guarantees released for First Home Deposit Scheme

From Wednesday, an additional 10,000 loan guarantees from the Morrison Government’s First Home Loan Deposit Scheme are now available for first home buyers over the next 12 months.The scheme has so far provided 10,000 guarantees to eligible first home buyers to allow them to purchase a modest home with a deposit of as little as five per cent.It can also be used in conjunction with the Morrison G...
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Which property features are now in high demand?

Property search behaviour has changed during coronavirus crisis.Demand for home offices, studios and granny flats have soared amid the coronavirus pandemic, as cooped-up house hunters seek out more space.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 dou...
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Construction date announced for first CBD residential building

Brisbane based Habitat Development Group has announced construction of their $83 million Market Lane Residences within the new Maroochydore CBD project will commence in late July this year. Located at the Mundoo Boulevard entrance, Market Lane Residences will comprise 146 spacious two and three bedroom apartments elevated across 14 levels over two towers along with six SOHO (Small Office Home O...
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Property Education Seminar a great success

Our recent Property Education evening at the Mantra Mooloolaba International was a great success!Everyone who attended enjoyed  free drinks, food and childminding, while gaining valuable insight into the Sunshine Coast property market and learning how to better approach property investment.   The seminar covered a wide variety of matters affecting first home buyers, home ...
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Your Guide to the HomeBuilder HomeRenovator Grant

The government’s new HomeBuilder program has received its fair share of backlash, with many industry experts blasting the “very restrictive” rule on needing to spend $150,000 more on a renovation to be entitled for the $25,000 grant.But despite the criticism, more than 12,000 Australians have flocked to the Treasury’s website to register interest in the scheme a week after it was announced. The...
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How To Apply For The $25,000 HomeBuilder Grant in Queensland

The government’s new HomeBuilder program has received its fair share of backlash, with many industry experts blasting the “very restrictive” rule on needing to spend $150,000 more on a renovation to be entitled for the $25,000 grant.But despite the criticism, more than 12,000 Australians have flocked to the Treasury’s website to register interest in the scheme a week after it was announced. The...
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Buyer demand outweighing new May listings

A 0.3% decline in March GDP confirmed a technical recession is underway in Australia, total wages paid fell 5.4% between mid-March and early May, and Australian dwelling market values saw the first month-on-month decline since June 2019.But one surprising sign of stabilising emerged in May. Home sales have risen, with home owners testing the market, and new listings are rising.  In fact, buyer ...
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First National Real Estate Announces State GEM Award Winners

The network’s inaugural Instagram Live awards event streamed video to members and engaged with them in real time as they opened their awards packs 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...
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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. The ruling by Maroochydore QCAT is believed to be the first of its kind in Queensland using the temporary tenancy laws introduced to help renters struggling financiall...

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