Steve Lane – Wrap on 2019

There has been no shortage of commentary on the property market throughout 2019 and it seems that everyone you talk to has a different opinion. The question I most frequently get asked is “ how’s the market Steve?” Here’s a quick overview of what I’ve seen over 2019.

There is a significant change taking place on the Sunshine Coast and our sleepy part of the coast is coming under continued development pressure. There’s been a noticeable increase in new builds and renovations as more people are discovering the beauty of Coolum Beach and surrounding suburbs. While this growing popularity does bring about more traffic on our roads and the constant noise of construction, it has also meant increased employment for our important trades sector and our local businesses have been benefitting with the solid growth of both residents and tourists (even outside of our peak holiday periods).

There has justifiably been concern within the local community about the proposed Sekisui Yaroomba development and uncertainty of the future plans for Palmer Resort. Luckily, we have an abundance of bushland and parks in our area and the majority of urban development is taking place south of the Maroochydore River including the transformation of the Maroochydore CBD, and the master planned developments of Aura and Harmony.

Closer to home, the Peregian Springs and Bli Bli areas has been the focus of most of our residential development and the Coolum industrial estate has been growing rapidly and will play an important role for future employment. The recent news of the proposed Kelly Slater Wave Pool nearby has many of the locals excited. Other key infrastructure projects include the airport upgrade, Bruce highway upgrade and high speed NBN hub.

Many of us are hopeful that the intrinsic nature of our special piece of the coast will be retained, however it will require a sensitive balance of planning and conservation to ensure the future of the area. Noosa has done a remarkable job retaining the natural beauty of the region and let’s hope the Sunshine Coast Council’s nomination for our region to be a biosphere recognised by UNESCO as an international site of excellence where responsible development and people living sustainably sit alongside active conservation will be successful.

The amount of protected green space and National Parks means we get to experience so much wildlife on a daily basis. It’s not uncommon to have flocks of black cockatoos, turtles swimming at second bay, sea eagles diving to catch fish, pods of dolphins and of course the whales swimming within 100 metres from the shore playing with their newborn calves as they head back south.

That same level of diversity can also be found in our property market ranging from great value beachside apartments under $300,000 to elevated homes with panoramic ocean and hinterland views. We love sharing our knowledge and insights to help other people discover just what our special piece of the Sunshine Coast lifestyle has to offer so I encourage you to make contact with one of our team.