Buderim tops the most searched suburbs by home buyers
The COVID-19 pandemic put a damper on property search activity in Australia early in 2020, but since then the health crisis has proven to be a major conduit for homebuyer demand. Director of economic research at realestate.com.au Cameron Kusher said a number of COVID-led conditions have spiked people’s interest in purchasing property over the past year.“Since lockdowns eased and mortg...
Sunshine Coast renaissance a boon for business
It has been hard to miss the news of the Covid-induced exodus of city-dwellers to Australia’s regions.What may be lesser known though, is that just an hour’s drive north of Brisbane, the Sunshine Coast has been an emerging economic powerhouse for years.As a result of the exodus the region is now firmly in the spotlight as a destination for businesses to establish, relocate or expand to.In a Mar...
What does a bank valuer look for?
Property stakeholders often feel a little nervous about a bank valuer visiting.Valuers show up, poke around and then send a verdict to the lender about whether the price paid, or estimate made, ‘stacks up to market’. It can feel like there’s bad news pending, particularly in a softer property price cycle – but the discomfort is mostly fuelled by a fear of the unknown.What exactly are they ...
Considering a granny flat or duplex on your Sunshine Coast property?
Looking for information on building an additional residence on your property? What is a secondary dwelling? Under the Sunshine Coast Planning Scheme 2014, a “secondary dwelling” is included in the use definition of a dwelling house, and is defined in the planning scheme as: “A dwelling used in conjunction with, and subordinate to, a dwelling house on the same lot. A secondary dwelling may be ...
New Sunshine Coast Planning Scheme
On 28 January 2021, Council resolved to prepare a new planning scheme for the Sunshine Coast[140KB].A planning scheme is a legal document that is used to shape future land use and development within a local government area. The planning scheme applies to the whole of the Sunshine Coast local government area, except designated priority development areas (PDAs), such as Caloundra South (Aura...
House prices in Sunshine Coast, Gold Coast reach record heights: Domain House Price Report
An explosive year of growth has spurred property prices on the Sunshine Coast and Gold Coast to new record heights, with a wafer-thin slice of beachfront paradise now fetching millions.House prices surged in both cities in the December quarter, up 5.1 per cent on the Sunshine Coast and 4.4 per cent on the Gold Coast, the latest Domain House Price Report has revealed. Units rose 2.3 pe...
Why the banks will be more willing to lend you money this year
There has been a significant fall in deferred loan repayments according to APRA, yet another sign of economic recovery which boosts the ability of banks to extend lending.Last year many borrowers put their loan repayments in deep freeze because of the uncertainty fuelled by the 2020 coronavirus pandemic.Our banks offered homeowners and small businesses loan payment ‘holidays’, al...
SaleFunder aims to get Aussies best possible sales price
A specialist lender has created an offering to help property sellers maximise their sale price, providing funding towards renovations and vendor marketing costs so sellers don’t need to outlay their own money upfront while preparing for a sale.SaleFunder enables those planning to sell their home or investment property access to up to $60,000 for renovations, repairs, landscaping, property adver...
Strongest regional Queensland market in six years
This is the strongest Regional Queensland market in the six years that Hotspotting has been conducting its quarterly surveys of sales activity and prices. The number of rising markets is the highest recorded, by a considerable margin, and property values are growing.We have identified 72 locations with rising sales activity, a remarkable result in the year of the pandemic. Locations across the ...
