Moreton Bay, Sunshine Coast and Unitywater incentivise greater infill

Moreton Bay Regional Council, Sunshine Coast Council and Unitywater are offering incentives to developers who invest in infill development in targeted areas across the two regions.

The development incentives policies offer reductions in infrastructure charges for infill development in Strathpine, the Redcliffe Peninsula Corridor (i.e. along the Strathpine to Kippa Ring rail corridor), Caboolture, Nambour and Caloundra.

The incentives offered, including the lowering of infrastructure charges and application fees, are aimed at stimulating economic growth, increasing density and encouraging urban renewal.

MBRC’s incentives are open to any development that has been approved under the MBRC Planning scheme (post 1 February 2016) and will have been substantially commenced by 31 December 2019.

SCC’s incentive offer is available for any development, post-3 July, that doubles – at a minimum – the demand of the site.

Unitywater’s Development Incentives Policy will reduce infrastructure charges on a sliding scale from a % to 100% reduction depending on the density of development approved by the relevant council and on the development proceeding as approved. The policy will apply on a ‘first in, first served’ basis over the next two years up to a maximum total value of $20 million ($10 million in each local government area) in reduced infrastructure charges.

The Property Council has congratulated Moreton Bay Regional Council, Sunshine Coast Council and Unitywater on these positive initiatives.

More information on the new incentives are available here; Unitywater policy, Moreton Bay Regional Council policy and Sunshine Coast Council policy.