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Coast, Noosa have among state's lowest rate of approved lots


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Sunshine Coast and Noosa councils are confident in future development plans despite projections showing the regions have less than two and a half years worth of approved lots.
New data shows the Sunshine Coast has 2.3 years worth of approved lots and Noosa 1.1 years - among the lowest rates in Queensland.
A Sunshine Coast Council spokesman said approved lot supply varied and followed market conditions.
They said during the past five years it had ranged from 3.4 to 2.3 years.
In times of heightened market activity, it is not uncommon for land to be sold at a rate quicker than it can be brought to market, they said. ....

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