Quick Snips Feb 2018<< Back to Blog
This past month brought back memories of the movie Good Morning Vietnam with the daily weather report varying from Hot, Hot to Really Hot. Thankfully we seem to have busted through that cycle and finally seeing some relief with southeasterlies cooling things down and some well needed rains to see out February plus some overdue surf for the region. February is usually a pretty quiet month around here but it still seems like we have had quite a few people around particularly on the weekends. Any more quiet time should be short lived with a very short turnaround to the Easter holidays falling at the end of March and the we head straight in to the Commonwealth Games. The Sunny Coast is hosting teams from Wales, Scotland, Nuie Isle of Mann and St Helena as well as a number of sporting teams from Australia and New Zealand. Our regional Council is expecting a huge spinoff from the Games being held on the Gold Coast with an estimate of 10% of all athletes and officials visiting the Sunshine Coast whilst they are here in Australia.
On top of this we should start seeing some action on two of the major infrastructure projects on our doorstep very soon. We expect that an announcement is imminent for the successful contractor for the new Sunshine Coast Airport. Once that is announced we can expect to quickly start seeing more visible evidence of the project being undertaken. Also the groundwork for the new Maroochydore CBD is just about completed with earth and roadworks completed and the state of the art underground rubbish collection and removal system now ready to go. We should start seeing major plots of master planned and approved land start to be sold off for development commencing this year. Once again this major project is about to start becoming a lot more visible from now.
It’s not all smooth sailing though with a major public debate starting over a casino approval possibly for the new convention and entertainment centre to be built in the new CBD. Definitely not everyone is in favour but there have been some pretty impressive private jets seen parked regularly at the airport over the last few months indicating that there is some serious money looking around this town again.
Our local real estate market continues to show some very good signs with our last auction seeing 6 out of 8 properties sold which followed on from a great 7 out of 7 sold in our December In Room Auction. Prices are improving as well with demand strong across all markets so if you are considering buying or selling please let us know. See you next month