Sunshine Coast development for 2015 reaches new high
Development records were smashed on the Sunshine Coast in November, with the busiest development period recorded by council since 2012.
Mayor Mark Jamieson said the surge in development was a clear reflection of confidence in the region.
“The large number of development applications being made each month is a clear indicator of confidence in the Sunshine Coast economy, and we can all look forward to a prosperous future for our region,” Mayor Jamieson said.
Each month’s number of development applications lodged has been higher this year than during the same months in 2014, with the November 2015 figure being 361% higher than November 2014. The November 2015 figures also represent an increase on the figures for October 2015.
Last month, council recorded the highest monthly figure of sealed lots released since 2012.
“In November, council sealed the plan for 429 lots to be sold in a variety of locations across the region, which is the highest monthly figure since 2012,” Mayor Jamieson said.
“The sealing of these lots, at locations across the region, indicates how far the benefits of the region’s development will reach, with residents as far apart as Peregian Springs, Mooloolaba, Brightwater and Pelican Waters benefitting from increased employment availability and investment opportunities.”