Why Invest in Maroochydore

1. A highly sought-after location

Locals actively make use of the walking paths and amenity that run all the way from Sunshine Plaza around to Cotton Tree and the Maroochydore surf lifesaving club, through to Alexandra Headland and right up to Mooloolaba. This 6km stretch of surf coast has an abundant array of bars, cafes, restaurants, boutique shopping and recreational facilities to take advantage of.

Parkland and natural greenspace dominate the foreshore with an additional 3,722ha of reserves and 2,000ha of national parkland spread throughout the nearby area. With natural surrounds, a vibrant activated community and significant existing and planned infrastructure, the Maroochydore region presents not only a highly desirable lifestyle option but also a strong and compelling investment opportunity.

2. Proximity to world-class infrastructure & transport

As the Sunshine Coast’s commercial centre, Maroochydore benefits from strong economic and employment advantages. The area is now set for a new phase of unprecedented growth associated with the development of the new 53ha Sunshine Coast CBD known as SunCentral.

With a central location halfway between Caloundra and Coolum, Maroochydore is also ideally positioned to benefit from the wider $20B pipeline of Sunshine Coast infrastructure.

3. Growing population driving demand

Maroochydore’s residential population currently stands at around 23,500. By 2041 this population is expected to grow by more than 16,000 additional persons or an astounding 70%. At an average current household size of 2.1 persons, the area will require more than 7,700 new dwellings to house this population.

4. Strong Employment

Local employment opportunities within Maroochydore have increased by 47% during the previous decade. The number of new jobs in the area has exceeded the number of new residents.

With the Maroochydore CBD projected to support more than 30,000 permanent jobs by 2041, local employment growth is expected to substantially outpace population growth for the foreseeable future.

5. Professional and prosperous demographic

Shifts in the area’s population age profile demonstrate a notable fall in the number of children, teenagers, and young adults. This has led to a reduction in the number of families with children and a rise in the proportion of single and couple households.

There has been a slight reduction in mature adults aged between 38 and 50 and a similar reduction in those aged between 66 and 74.

6. A desirable residential property market

Highlighting Maroochydore’s exceptional lifestyle appeal, the area’s median house price commands a 18.3% or $170,000 premium above that of the wider Sunshine Coast.

The sustained performance of the Maroochydore apartment market will be driven by substantial new housing demand generated by a rapidly swelling population drawn to the area’s lifestyle benefits and future economic and employment opportunities.

7. Vacancy Rate and High yields

Rental vacancy rates are one of the best lead indicators of the underlying demand/supply balance in residential property markets. In this regard, Maroochydore has been considered an undersupplied market for over a decade, given a vacancy rate that has not exceeded 2.5%.

As a result of consistently low vacancy rates, apartment rents have risen by over just over 70% throughout this time. In the previous two years alone, a time during which the vacancy rate has remained under 1%, rents have climbed by 26%.

Coinciding with the extended period of low vacancy, Maroochydore has been experiencing a sustained period of apartment price growth. The median apartment price has consistently risen for the previous 9 years and by a cumulative 80% over this time.

A 26% increase in the median Maroochydore apartment price has been recorded in alignment with sub 1% vacancy rates experienced during the previous two years.

Now is the time to invest in Maroochydore

We have an exciting new opportunity launching soon to Maroochydore. Click here to learn more and register for exclusive access before public release.

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