Property

Rural life in high demand as subdivisions skyrocket

CHANGING: Residential subdivisions are transforming the town of Palmwoods.
CHANGING: Residential subdivisions are transforming the town of Palmwoods. John McCutcheon

PALMWOODS Real Estate owner Byron Miller makes his living off selling property, but even he has "mixed feelings" about the growing list of new subdivisions in the area.

Mr Miller said the idea of a rural lifestyle drew him and his family to Palmwoods.

"We lived in Buderim for 10 years, but we came out here about four years ago, mostly to get more space for our kids," he said.

"It's a little bit quieter, a little bit slower paced.

"You can live on a residential property but still have a rural outlook."

He said Sunshine Coast Council's move to rezone former farmland had allowed owners to subdivide their properties, and Mr Miller said he'd noticed owners had started making applications over the last year.

"The new subdivisions that are coming on now is really something that's just been really recent," Mr Miller said.

Late last month a development application was approved for a 117-lot subdivision on Abbotts Rd, while a 71-lot subdivision on Teske Dr is awaiting approval.

"We're in the real estate industry, and we've got mixed feelings about it as well, because we moved here to get more land and to come to a town that's a little bit slower," Mr Miller said.

"The changes with the smaller blocks is bringing in more people, which means more business for everybody, and also these new subdivisions are helping stimulate the real estate market and pushing prices up."

He believes the trend will continue, and that in 10 years Palmwoods would resemble the Buderim of today.

"Buderim way back was a mixture of acreage and residential blocks," he said.

"Those acreage blocks are practically all gone now, and it's mostly residential."

Increasing interest in Palmwoods meant plenty of buyers were eager to snap up the increased supply.

"What's interesting is we're meeting a lot of people who already live on the Coast and saying the Coast's becoming too busy," he said.

He said others wanted to move to the Sunshine Coast, but found most properties closer to the coastline were too expensive.

"We're 20 minutes to Maroochydore, we're 30 minutes to Caloundra, we're 40 minutes to Noosa, so it's a really central location," Mr Miller said.

Topics:  community palmwoods population subdivisions your town



Sister's desperate plea: Give missing men 'fighting chance'

The men missing at sea.

Adam Bidner's sister Jodie asks for community's help.

National Geographic to feature local roo sanctuary

GLOBAL EXPOSURE: Renowned Italian photographer Stefano Unterthiner (left) with Horizons Kangaroo Sanctuary owner Garry McLean and an eastern grey kangaroo.

Agnes Water is hopping on to the world stage.

Agnes Water cut off from vital medication during floods

DANGEROUS SITUATION: Anyone who runs out of medication while Agnes Water is flooded could face a dangerous wait (file photo).

The town's vulnerability to flooding could put patients at risk.

Local Partners

Is this Australia’s most expensive house?

38B The Crescent, Vaucluse is shooting for Australia’s record price.

Phoenix Acres has six bedrooms, six bathrooms, a pool and tennis court

The four Coast suburbs you want to buy in now

The Sunshine Coast has been labelled the state's new property hot spot.

Sunshine Coast's market ready to skyrocket

Mackay real estate agent urges banks to move

Who's leading who when it comes to the housing market?

Willy-nilly lending burst a bubble, but agent urges banks to change

Church says no immediate plans to develop Alex Head site

Plans show the layout for 338 new units to be built by the Uniting Church at Alexandra Headland.

Church gives portion of land to the council for environmental park