Strong growth confirms developer confidence
  • Monday 04 May 2015
Value of building approvals is increasing

Development on the Sunshine Coast continues to show strong and consistent growth with $252 million in building approvals recorded during the January to March 2015 quarter.

Mayor Mark Jamieson said Sunshine Coast Council’s latest quarterly Development Indicator Report reflected the growing trend across the first three quarters of this financial year, with Council giving the green light to $868 million in building approvals compared to $708 million for the same period last year.

“These figures highlight the degree to which confidence has rebounded on the back of our Regional Economic Development Strategy which is all about new investment to create prosperity for our residents,” Mayor Jamieson said.

“Steady and sustainable growth in development activity in the region is continuing, reversing the downturn during the global financial crisis between 2008 and 2012.

“Our focus, borne out in today’s report, is on providing new employment opportunities arising from the hospital development, the new Maroochydore CBD and the Sunshine Coast Airport expansion.

“The strong employment needs of these projects alone are helping to stimulate construction activity to provide more housing and commercial premises to support our economic growth.

“As confidence grows, we are continuing to see sustained interest and development across a range of industries throughout the Sunshine Coast as we work toward becoming Australia’s most sustainable region—vibrant, green, diverse."

Strategic Planning Portfolio Councillor Christian Dickson said the report confirmed the growing optimism of the development industry, evidenced by the 43% increase in development applications compared to applications lodged in the same quarter in 2014.

“Strong and consistent growth across a range of measures confirms this is real growth and not just speculation,” Cr Dickson said.

“Going forward, confidence in the economy will continue to flourish but we still have a way to go.”

During the quarter, residential developments were approved in Little Mountain, Twin Waters, Buderim, Maroochydore and Forest Glen, as well as commercial developments including a tourist attraction and resort complex at Glenview.

Higher order master plans for Kawana Health Precinct have been finalised and the broader Kawana area saw a number of developments progress, including a new display village on Birtinya Island, duplication of Lake Kawana Bridge and the start of construction of the Best Western Hotel opposite the Sunshine Coast Public University Hospital.

More than 1800 lots have been made available since July 1, 2014.  The January to March 2015 figure of 553 lots released is a significant 93% higher than the January to March 2014 figure of 286 lots.

Through the reconfiguration process, 517 lots were approved during the quarter, almost three times the number of those approved in the October to December 2014 quarter (176).

One hundred pre-lodgement meetings were held during the January to March 2015 quarter, representing the highest number of meetings delivered over any three month period.

Pre-lodgement meetings give customers an opportunity to ask questions and clarify requirements prior to lodging a development application and aim to improve the development application process.

The Development Indicator Reports are an important tool for measuring and comparing development activity on the Sunshine Coast.

HIA Branch Manager Stuart Collins said building and development activity had continued its resurgence in early 2015 on the back of a strong increase in detached housing and renovations.

“The latest building approval figures available to HIA are consistent with the performance indicators released by Sunshine Coast Council and suggest sustained positive growth for the Sunshine Coast region,” Mr Collins said.

“With housing demand remaining high, HIA is committed to working with council to achieve exceptional planning outcomes that benefit the local community and deliver projects on time.”

Current and previous reports are available on council’s website at www.sunshinecoast.qld.gov.au.

Information on development related inquires, including land uses, development activity, subdivisions, application lodgements and planning scheme queries can be made by emailing mail@sunshinecoast.qld.gov.au or phoning 5475 7526.

FAST FACTS:

Development indicators January to March 2015:

  • $252 million of total building approvals received in the third quarter of 2014/15, making a cumulative total of $868 million for this financial year so far compared to $708 million for the first three quarters of 2013/14.
  • 3230 development applications were lodged during the quarter, representing a 43% increase on the 2265 applications in the same quarter in 2013/14.
  • 553 lots were released by council, 93% more than the same quarter in 2014 (286)
  • More than1800 lots have been made available to the public since 1 July 2014.
  • 517 lots were approved thorough the council reconfiguration process almost three times those approved in the December 2014 quarter (176).  987 lots have now been approved for the financial year compared to 788 over the same period in 2013/14.
  • 19% increase in Building Searches—the highest figure since the December quarter.
  • 100 Pre-lodgment meetings held during the quarter

 

Significant development applications in January to March 2015 include:

  • 175 Multiple Dwelling Units & Community Centre at Parklands Blvd Little Mountain – MCU15/0042 – (L)
  • 133 Multiple Dwelling Units at Ocean Dr, Twin Waters – MCU15/0011 – (L)
  • 84 Rooming Accommodation Unit’s at Jorl Ct Buderim - MCU15/0055 – (L)
  • 123 Multiple Dwelling Units at Anzac Av & Baden Powell St, Maroochydore – MCU15/0056 – (L)
  • 70 lot Subdivision at Maroochy Bvd, Maroochydore - REC15/0015 – (L)
  • Extractive Industry (Sand Mining) at Maroochydore Rd, Forest Glen – MCU15/0030 – (L)
  • 226 site Retirement Village at Camp Flat Rd, Bli Bli – MCU14/0122 – (A)
  • 221 Multiple Dwelling Unit’s at Owen Creek Rd, Forest Glen – MCU14/0132 – (A)
  • Tourist Attraction & Resort Complex at Steve Irwin Way, Glenview – MCU14/0098 – (A)
  • 152 unit Retirement Village at Freshwater St, Mountain Creek – MCU14/0194 – (A)

(L) Lodged, (A) Approved