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Queensland
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RBA holds cash rate at 4.35% The Reserve Bank of Australia (RBA) has opted to hold interest rates steady at 4.35%. This move reflects the RBA’s cautious approach, as it closely monitors key economic indicators such as inflation, unemployment, and consumer spending. Overseas, the Federal Open Market Committee (FOMC) has cut interest rates by a […]
First development approved for suburb that could ultimately have 6000 homes Development approval has been granted for a new $270 million precinct on the Sunshine Coast, paving the way for more than 900 homes to be built. A lakes precinct will be constructed in the new suburb of Gagalba, within Stockland’s rapidly-growing Aura community. It […]
‘Desperately-needed’ factory-built homes bound for beach town A slew of modular homes will be delivered for low-income earners at a Sunshine Coast beach community. The state government and Sunshine Coast Council have partnered for the initiative, with construction to start later this year for 22 homes at 11 sites within the same neighbourhood at Marcoola. […]
Gourmet Convenience Store/ Deli for Sale NOW ONLY $250,000 plus stock! Convenience store, fresh fruit and veg, gourmet food with rapidly growing freshly prepared food section “Deli”. ROOM FOR GROWTH. Busy location with ample and easy parking. Regular and loyal clientele. Stocks full range of regular supermarket food items as well as special and interesting […]
Fear and Shock. “Where do we go?” Residents on a quiet cul-de-sac in a central Sunshine Coast suburb are among those facing an uncertain future because of a proposed multibillion-dollar rail line. Homeowners at Causeway Court at Mountain Creek recently received letters informing them that the Department of Transport and Main Roads was looking to […]
Ultra-wealthy buyers prop up Australia’s hottest real estate market Demand for housing and skyrocketing prices have no signs of slowing in South-East Queensland as the region continues to grow eight years out from the Olympics. Queensland, and in particular the south-east, is booming. Some 268 suburbs across the state sit in the $1 million price […]
MP wants extra funds for Coast as more Australians squeezed out of cities A local MP wants the Sunshine Coast to get a fair go when it comes to delivering road and rail infrastructure, after recent data showed the region remains the top destination for Australians relocating. The June quarter Regional Movers Index, released this […]
As the cost-of-living crisis continues to bite, Aussies are spending less on holiday accommodation. Over the past year, demand for Airbnb and short-term rental (STR) accommodation has remained strong, but average prices have declined from 2023 rates. Seiko Ma, managing director of Bodhi Tree Group, stated that the cost-of-living crisis is likely causing Australian holiday-makers […]
Report stresses region’s housing predicament and offers potential solutions A new report from a Sunshine Coast-based property consultant has warned that housing supply must double within eight years to prevent long-term economic and social repercussions. According to the Sunshine Coast Property Market Update, compiled by Optiwise Property Group, the region has a severe undersupply of […]
New home sales rise 11 per cent year-on-year, driven by Queensland and South Australia New home sales in Australia have increased by 11.1 per cent in the three months to July 2024 compared to the same period last year, according to the latest HIA New Home Sales report. HIA Economist Maurice Tapang said the figures […]