THE construction industry is celebrating after a major housing development at Palmview was announced.
The area opposite Aussie World will be home to another 16,000 residents and have three new schools.
“It’s fantastic news,” local builder Courtney Burns, of PJ Burns Builder, said.
“It’s busy already but this is only going to make things busier.”
She said the company currently built between 100 and 150 homes every year, employed 30 full-time staff and hired hundreds of tradespeople.
However, she said the business would likely hire a few extra full-time staff and support an extra 100 tradespeople as subcontractors.
Ms Burns said she believed the Coast was already on the way to another construction boom, with the new hospital in Kawana and other projects.
“It’s busy at the moment but it all starts with that building dollar and that development dollar,” she said.
“When building picks up, the Coast picks up because then we’re buying products, the trades are building our jobs, and it has a flow-on effect right throughout the Coast.”
SEQ Property Planners principal Wes Stephen said the master-planned community had come at a timely moment.
Mr Stephen’s business helps residential property investors find land suited to investment.
“I’m very excited about it because of its location,” he said.
“It’s going to be a great location for access to both the Sunshine Coast university and hospital, and easy access to the Bruce Hwy.”
Investa Land Queensland general manager Bruce Harper said the Palmview master-planned community would be one of the largest residential development projects to occur on the Sunshine Coast.
“It’s smaller than Caloundra South but together with that it will make up a significant proportion of residential development on the Sunshine Caost for the next two decades,” he said.
The total value of the completed Palmview community is expected to exceed $4 billion.
“We’re going to create a community that’s an authentic Sunshine Coast community,” Mr Harper said.
He said he was excited that the project, which had been in planning stages for several years, had the green light.
“We’re able to build on the community at Sippy Downs and create stronger linkages with the university,” he said.
He said the estate would have its own shopping centre, both private and public primary and secondary schools, and a “mixed-use” area to encourage employment activities.
“We’re also providing for much-needed sporting facilities,” he said.
“The current area surrounding Sippy Downs and Chancellor Park is poorly supplied with sporting facilities.
“We’ll be building sporting fields early on in the project.”
The project would take between 15 and 20 years to complete, he said, with construction starting next year.
Infrastructure such as sewerage and water pipes would be installed first, he said.
Sunshine Coast Council economic development portfolio spokesman Councillor Steve Robinson said there was “definitely a focus on affordable living” by Investa Land.
“There’s going to be a wide variety of housing choices, from quarter-acre blocks to small lots, to high density living,” he said.
“This will create a more certain future and an economic driver for the area and for the future.
“Builders are wanting to build, but there’s not enough land for them to meet the market.”
Investa Land had hired local consultants to assist with the planning and delivery phases, and intended to engage with local builders when the project was active, Mr Harper said.
Nicky Moffat | 12th May 2015 11:12 AM via sunshinecoastdaily.com.au
Palmview’s largest masterplanned community releases land and park ahead of schedule
A SUNSHINE COAST developer has fast-tracked the latest land release to meet demand from locals and interstate sea-changers.
AVID Property Group general manager Queensland Bruce Harper said their development Harmony was the largest masterplanned community in Palmview, which is about 85km north of Brisbane.
He said they released the latest neighbourhood Unity, which brought 34 more blocks of land, ranging in size from 250sq m to 505sq m, to meet the demand.
“Residential property demand is surging in the region and as prices continue to rise, buyers are increasingly looking for affordable land options in desirable locations,” Mr Harper said.
“Over the past year, demand in the region has grown exponentially as more people look to build their own homes in well-known property ‘hot spots’.”
Along with the early land release, AVID Property Group opened the community space Grand Linear Park three months ahead of schedule.
Mr Harper said the park was five times the size of other standard parks on the Sunshine Coast.
“The Grand Linear Park will serve as a catalyst for wellbeing and connectivity for residents and tourists alike,” he said.
The first $3.1 million phase consists of 2ha of community space and features three separate play areas for locals to explore.
A set of six swings, two table tennis tables and a 30.2m multi-play structure with a slide, spider’s web, swinging ropes and stepping stones was available for children of all ages and abilities.
According to Queensland Government’s Queensland Regional Profiles — Sunshine Coast Local Government Area, April 2017, Sunshine Coast’s population is projected to grow from about 311,550 to 453,000 by 2036.
Once complete, Mr Harper said Harmony would account for more than 4800 homes for about 12,000 of those future residents.
“Our new neighbourhood will encourage residents to stay active right on their doorstep with extensive walking and bike trails, a 5ha recreation park and a 1ha local park,” he said.
Sunshine Coast local Alyssa Jackson and her partner James Newcombe who recently moved up from Canberra, have just purchased a block of land in Harmony and hope to move into their new home in early 2019.
“It’s pretty competitive to purchase a block of land at Harmony; there were other buyers lining up for almost two hours before the Sales Centre even opened,” Ms Jackson said.
“Harmony’s location was what really encouraged us to purchase in the area — the proximity to the highway, University of the Sunshine Coast, hospital and the shops in the Maroochydore CBD make it a very convenient location to live.”
Ms Jackson said they wanted to enter the property market as soon as possible and decided to build a brand-new home so they could take advantage of the First Home Owners’ Grant.
“We wanted to get into the property market so that we could pay off a mortgage rather than continue to pay money renting,” she said.
Sunshine Coast Golf Course with Approval for 260 Lots Hits the Block
The 160-hectare Pelican Waters Golf Course site, which was acquired in 2004 by a Melbourne family that wishes to remain anonymous, has hit the market after receiving development approval for a new residential precinct in the area.
Approved by the Sunshine Coast Council in 2017, the “Lakes Edge” residential precinct is earmarked for 211 residential lots and three medium-density sites subdivided to create up to 259 lots over 20-hectares.
Designed to be delivered over four stages, with stage one approvals in place for 60 lots the development was subject to some controversy by local residents opposing the development.
The residential development was put forward by the owners of the site as a solution to lacklustre turnover at the golf course.
CBRE’s Brendan Robins and Rem Rafter are marketing the asset.
Robins said the property represented an outstanding opportunity to capitalise on the strong demand for quality land and housing in a sought-after area of the Sunshine Coast.
“Lakes Edge offers a diverse range of staged development options, including a large-scale retirement community, which take advantage of the area’s tranquil, picturesque and secure setting.”
Despite being named the top course on the Sunshine Coast by Golf Digest Magazine, documents submitted to council outlined concerns with the club’s profitability.
“Independent forecasts conclude that Pelican Waters Golf Club will not generate an acceptable level of commercial return for at least seven to 10 years,” the proposal said.
Located five minutes to Caloundra and 90 kilometres from Brisbane, population growth in the Pelican Waters area grew 24.5 per cent over the five years to 2016.
The property is being offered for sale via expressions of interest closing 8 August 2018.
Sunshine Coast Airport Expansion Program Kicks Off
The first sod has today been turned on the construction of the new runway as part of the Sunshine Coast Airport Expansion Project, the Sunshine Coast Council informs.
Sunshine Coast Mayor, Mark Jamieson, was joined by Federal Member for Fairfax, Ted O’Brien MP, State Member for Maroochydore, Fiona Simpson MP, and representatives of the John Holland Group and Sunshine Coast Airport Pty Ltd to mark the commencement of the construction program.
With work started, the new runway will be completed by Christmas 2020, the council said.
Sunshine Coast Mayor Mark Jamieson (left), Federal Member for Fairfax Ted O’Brien (center) and John Holland Project Manager Berry Freshney
Mayor Jamieson said that the $303 million airport expansion was the Sunshine Coast Council’s single largest construction project and would deliver a wealth of benefits to the region.
“Having this greater capability will unlock more tourism opportunities, new international trade prospects and will provide the springboard our export businesses need to get their products and services to markets faster and more efficiently,” Mayor Jamieson said.
“The new longer, wider runway will enable direct access to new markets in Asia, the Pacific and other locations in Australia which cannot currently be serviced with direct flights to and from the Sunshine Coast.
“The Airport Expansion Project is also forecast to contribute $4.1 billion to the Sunshine Coast economy through to 2040 and revolutionize access to and from one of Australia’s fastest growing regions.”
From mid-year, a vessel from contractors Dredging International will dredge one million cubic meters of sand from the Spitfire Realignment Channel in Moreton Bay.
After making its way north, the sand will then be pumped from the vessel moored off Marcoola, onto the project site via a pipeline that will run underneath David Low Way.
Ahead of the start of dredging, the project team’s focus has been on protecting the land and sea environment, and ensuring community safety during the dredging works.
According to the council’s announcement, the project team will be speaking directly with local residents and stakeholders in the coming weeks to keep them informed of the timeline.
The Sunshine Coast Airport Expansion Project is being supported by loans from the Australian Government and the Queensland Treasury Corporation, which will be repaid from the proceeds that Council receives from its commercial partner, Palisade Investment Partners, in 2022.
Image source: sunshinecoast.qld.gov.au
- Market Place2 years ago
REVEALED: The truth behind Old Woman Island
- Market Place1 year ago
Queensland’s property flipping hotspots rise as profits roll in
- Market Place1 year ago
Record-breaking $22 million trophy home sells on the Sunshine Coast
- Developments2 years ago
Aura To Build Retirement Development In Maroochydore
- Infrastructure1 year ago
Fast Rail from Brisbane to Sunshine Coast Could Become a Reality
- Developments1 year ago
Sunshine Coast’s Newest Town Centre Approved for Development
- Opinion7 months ago
Australia’s best place to invest is here in Queensland
- Market Place1 year ago
Seaside suburbs the star performers of southeast Queensland property market