Sun shines on Coast property market - Core Logic's report card is in!
20 September 2018 | Source: My Weekly Preview | Author: Roxanne McCarty-O'KaneWhile southern city markets may be struggling, the Sunshine Coast property market is on fire. Sunshine Coast houses and units are making tens of thousands of dollars more for sellers now than this time last year, despite property markets in major cities entering tough times. Independent property valuer Core Logic ha...
New GST Laws for Vendors
Are you selling a property?Is your property selling for 750K or more?You could lose 12.5% of the price to the ATO at settlement if you don't have the new Certificate. As from 1 July 2017, there are changes to the GST laws for Sellers of property in Australia. Homeowners selling after July 1, selling a property in Australia for more than $750,000 will have to provide a clearance certificate t...
GST law changes that new residential property buyers need to know about
New residential property buyers will need to be aware of the change in GST rules in place from the 1st of July 2018 that sees them responsible for the GST payment. Buyers of new residential property will now be responsible for paying the GST amount to the Australian Tax Office themselves, on or before settlement, instead of by the developer. The change sees no additional cost to buyers but w...
Holiday letting your house will incur tourism fees
The Sunshine Coast Council has made provisions for a new annual fee to ensure residents letting out their homes to holiday makers contribute to the region’s tourism expenses. Residents who use websites like Airbnb and Stayz to provide short-term accommodation will start receiving information about an additional annual fee with their next rates notice. The fee will start at $387 and will incre...
Maroochydore CBD streets named by Council and Community
The Sunshine Coast’s rich and diverse history and its prospects for the future have helped to shape the first set of street names for the Maroochydore city centre, which were unveiled today. Mayor Mark Jamieson revealed the new street names onsite, with many of the names chosen likely to be easily recognisable to our residents. The full list of street names for Stage 1 of the Maroochydore cit...
Public consultation on proposed planning scheme amendment
Council is proposing an amendment to the Sunshine Coast Planning Scheme 2014 tochange the zones, overlays, and height provisions of sites across the Sunshine Coast. The proposal includes amendments to the Height of buildings and structures overlayfor a number of Educational establishments, Retirement facilities and Residential care facilities, in locations across the planning scheme area.Speci...
Highlights of the $864 million Sunshine Coast Council Budget
The Sunshine Coast Council budget helps to build a Healthy, Smart, Creative region, economically and environmentally.Mayor Mark Jamieson said this year’s budget built on council’s plan for the region and demonstrated a continuing commitment to protecting and enhancing our environment, building a strong community and growing the economy.“Each year for the past six years, we have delivered a budg...
The Real Estate changes in the QLD Budget that you need to know about
The 2018 Queensland Government Budget has been delivered, and if you’re buying, selling or a current owner, here’s what you need to know: Buyers: First Home Owner’s Grant ExtensionThe First Home Owner’s Grant has had a 12-month extension along with a $5,000 reduction, down to $15,000 from the 1st of July 2018. It’s important to note that contracts entered into before the 30th of June 2018 may ...
Snapshot of the Major Sunshine Coast Projects from the 2018-19 Budget
The Sunshine Coast Council is proving their commitment to investing in the services and facilities that communities need and improving the livability and vitality of the Sunshine Coast with the 2018/19 Budget.Below is a snapshot of the major projects supported in the budget to be delivered across the Sunshine Coast in 2018-19. Sunshine Coast Airport Expansion The budget also includes $151 mi...
