- Friday 30 December 2016
Development applications for 2016 are at an all-time high, showing the growing strength of the construction industry as the Sunshine Coast heads into 2017.
Council recorded more than 14,000 lodged development, building and plumbing applications for the year, a significant increase on the previous two years.
The $1.29 billion worth of building approvals recorded in 2016 are feeding directly into increased building activity.
Mayor Mark Jamieson said the growth created jobs and more options for residents.
“With building approvals in excess of $1 billion for the third consecutive year, the confidence in the Sunshine Coast’s building and construction industry is contributing to positive economic growth and investment opportunities,” Mayor Jamieson said.
“Last month, the total value of building approvals exceeded $200 million for the first time in three years, again illustrating the continued growth of building activity across the Sunshine Coast.
“This is a considerable increase which is a significant boost for the region, economy and construction industry.
“Development has increased significantly on the Sunshine Coast over recent years, with game-changing projects such as the Sunshine Coast University Hospital and development of the new Maroochydore CBD and Sippy Downs Town Centre setting the scene for increased local employment.
“While our focus is to provide new employment opportunities as they arise from these major projects, the employment needs of these projects alone are already helping to simulate construction activity.
“Steady and sustainable growth in development over the longer term has positive flow-on effects that contribute to increased economic activity across the region, including employment generation, business confidence and consumer spending.”
Master Builders Deputy CEO Paul Bidwell said residential construction costs had been growing at a steady rate throughout 2016.
“The cost of residential building work has risen by 4.5% over the year and this is expected to continue into 2017,” Mr Bidwell said.
“In terms of construction employment, the residential and commercial sectors have also experienced growth, with some trades even reporting shortages, which is an issue we’ll keep a close eye on as building activity increases.”
AVJennings State General Manager QLD Rodney Chadwick said new housing activity had been noticeably higher this year, with the demand for property in the fast-expanding Creekwood community remaining very strong.
“AVJennings remains committed to providing quality, affordable housing in areas where people want to live, and the Sunshine Coast is a great example of this,” Mr Chadwick said.
“Creekwood is located just 10 minutes from the beach, Caloundra CBD and the Sunshine Coast University Hospital, adjacent to Meridan State College and within close proximity to local shopping centres and restaurants.
“The community already boasts approximately 600 dwellings and is home to a diverse mix of residents including young professionals, families, empty nesters and retirees.
“This broad appeal of our community facilities and diverse range of new homes means demand for Creekwood is consistently strong.
“The strong demand for new homes on the Sunshine Coast is evident at our new Creekwood Central precinct with 70% of sales made during 2016 being to existing residents of the Sunshine Coast.”
“The popularity of Creekwood is demonstrated by the Sunshine Coast Council’s Building Approvals Heat Map report. Creekwood is located within the top performing precinct for value of building approvals, which reached $127.6m in the past 12months.”
“Working closely with Sunshine Coast Council has enabled us to deliver a first-class development that truly meet the needs of the community, whilst contributing to the region’s economic growth.”