Unlocking Development Potential in Mackay with Veris
In the past 6 to 12 months, Veris Mackay has experienced a noticeable increase in small and large projects coming back online from its archives as a result of a major confidence boost in the wider Queensland region’s economic prospects.
Backed by increasing coal prices benefitting the prolific coal producing Bowen Basin area, and an increase in major projects receiving State and Federal Government funding, economic confidence is soaring – and the sentiment continues to flow into regional economic uplift in Mackay and the Whitsundays.
A Mackay local, Veris Mackay Senior Planner Marcus Fossey said there had been an increase in enquiries for small and large projects, all pointing towards confidence in the region.
"A common theme as of late is approvals that were obtained during the mining boom are reaching their lapse date, which is generally 4 years,"
Mr Fossey said.
"Veris has been involved in reviewing, submitting, coordinating and extending numerous development permits to ensure they remain active."
Mr Fossey said Veris Mackay welcomed enquiries from anyone who may have held a development permit in recent years, looking to review their permit status. He said permit holders were increasingly looking to revisit their permits in light of the local market’s economic strength, and said there were noticeable changes in the sizes of lots being developed.
"Recently, advice from our clients, developers and real estate agents centres upon residential market demands shifting towards a larger product. As the market is changing, we have found ourselves reviewing historical approvals and redesigning lots and stages to reduce the residential supply in lieu of larger residential lots," he said.
"Our internal observations are that Lots ranging in the 200 – 400 square meters are being increased to 600 to 800 square metres. We have noticed a significant increase in pre-sales which has led to new stages coming to fruition."
Looking to develop in Mackay? Marcus and the Veris Mackay team can assist.
- Interpretation of planning language in relation to development permit currency period and lapsing dates.
- Professional advice regarding development project status under the Integrated Planning Act 1997 and the Sustainable Planning Act 2009.
- Interpretation of State and Local Government plans, policies, planning schemes and infrastructure requirements.
- Assistance identifying land constraints including vegetation, bushfire, flooding, steep land and tidal waterways.
- Timely advice on the status of a planning permit, being a RoL, MCU or Operational Works.
- Assistance obtaining subdivision or material change of use approval.
- Resolution of tenure issues and innovation in titling.
Contact Marcus Fossey at Veris Mackay
phone (07) 4951 2911 or email firstname.lastname@example.org