Inside Property

Changes To Noosa Plan Have A Bearing On Property Values…

The Noosa Plan was at the core of concerns raised by locals at the recent council amalgamation, the objective to protect and preserve what makes Noosa such a special unique place. The council recently announced it’s intent to make changes to the plan, with calls for comment from the public and the changes available for viewing either online or at the planning office in Tewantin. The changes are intended to address the issues of housing affordability, usability, support for small businesses and enterprises, whilst preserving our environmental values. The proposals cover Granny Flats, Duplex blocks with the possibility of a higher site coverage, Heritage sites, Group Housing, Small dwelling units and mixed use development. Allowing more versatility for residents will create opportunities for businesses to flourish perhaps by easing budgetary stresses. Some of the leading demographers in the state are indicating a major shift to smaller households needing smaller living spaces, so the provision of small dwelling units is addressing a need. Increasing the legal availability of granny flats is also a long overdue move – my emphasis here is on the word legal because as a real estate agent I have seen my fair share of unapproved extensions which have caused headaches for prospective sellers. Obviously there is opportunity for value adding to existing properties, both approved zoned residential/ businesses and residential. Duplex sites over 800sqm are also under review – with the possibility of multiple dwellings being built. Whilst the risk of over density over stressing our environment is at the forefront of our concern, providing the housing to meet the needs of the residents is equally as crucial. We will keep a close watch on the proposed changes and keep you informed!

Till next week,

Olivier