Building applications down

AN application for subdivision to create 44 residential lots on Carlo Point, Rainbow Beach has been approved by Gympie Regional Council at this week's planning and development committee meeting.

The application is the residential component of a proposed marina development but chairman of Gympie Regional Council's planning and development committee Cr Ian Petersen, said the residential development was not dependent on the marina and was "a stand alone application."

"Gympie is very quiet in keeping with all other centres," Cr Petersen said about the number of building applications.

"January is always a quiet month traditionally for the number of applications and it's down considerably on previous years."

Cr Petersen puts the slump down to the economy and that applications were down "across the board".

"It's noticeable by the absence of reasonably large subdivisions and it's a reflection of the real estate industry and the economy generally," he said.

"Council has experienced a decline in application.

"The decline has come considerably later than many other councils and is probably less severe than others who have experienced 30-40% decline."

Gympie Times


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