Just three of the major infrastructure projects in the area include; the $347 million Sunshine Coast Airport Expansion that will connect the Sunshine Coast on an international scale. From 2020, the region will deliver Australia’s fastest telecommunications connection to Asia and the second fastest to the United States attracting global digital giants like Facebook, Google and Amazon. And the creation of a new $2.1 billion CBD in the heart of Maroochydore is expected to contribute more than $350 million to the region’s economy in the next five years and generate $5.9 billion in expenditure by 2040.
The scale and strength of the Sunshine Coast as a region is often underestimated. It is the 10th largest ‘significant urban area’ in the country, with economic and population growth that is outpacing other scale regions both as a percentage and in absolute terms.
The Sunshine Coast is the 10th largest significant urban area in Australia and in recent times has experienced percentage population growth equal to Melbourne and in excess of all other capital cities.
The region boasts an economy worth $17 billion, having grown by around 22% in the previous three years.
A strong infrastructure pipeline in excess of $20 billion including transport, new CBD and master planned communities
The Sunshine Coast has experienced solid, progressive employment growth of 14% increase in jobs during the past three years.
The Sydney median house price for September 2021 was 41% more expensive than that of the Sunshine Coast.
Exceptionally low vacancy rate of 0.6% as of October 2021, indicating an extremely tight and undersupplied rental market. Comparatively Sydney and Melbourne vacancy sit at 2.7% and 3.5% respectively.
Apartment rental yields were at 5.3% as of September 2021, significantly higher than those being achieved in Sydney and Melbourne, which have fallen record lows of 3.5% and 3.4% respectively.
An incredible 21% median apartment price growth has been experienced over the past five years.
The creation of a new $2.1 billion CBD in the heart of Maroochydore is expected to contribute more than $350 million to the region’s economy in the next five years and generate $5.9 billion in expenditure by 2040.
Renowned for some of the most pristine and beautiful beaches in the world, the region is approximately 3,130km² and stretches along 65km of sandy beaches and headlands
3,722ha of reserves and 2,000ha of national parkland spread throughout and hinterland areas provide off-road driving, walking trails, lookouts, waterfalls and swimming holes
An enviable coastal lifestyle with beach and waterway activities including fishing, swimming, water skiing and kayaking
A vibrant activated community and an impressive range of shopping, fine dining, entertainment and leisure offerings
One of Australia’s fastest growing Universities, The University of the Sunshine Coast currently hosts around 12,000 students with an additional 8,000 students expected by 2020
The new CBD is host to the most technologically advanced infrastructure foundations in Australia, ranging from high speed digital connections to Australia’s first underground pneumatic waste system
Maroochydore's new CBD is one of the largest greenfield developments in Australia and bringing with it a $4.4 billion boost to the local economy, it is driving steady growth into the already booming Sunshine Coast.
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Read moreThe scale and strength of the Sunshine Coast as a region is often underestimated. It is the 10th largest ‘significant urban area’ in the country, with economic and population growth that is outpacing other scale regions both as a percentage and in absolute terms.
Read moreMosaic Property Group's award-winning, $103m Avalon development on Duporth Avenue in Maroochydore has ended the year as the Sunshine Coast's best selling off-the-plan development, according to Place Projects latest report.
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Read moreThe Weekend Australian - Mosaic Property Group is soon to launch First Bay, which has attracted more than 500 expressions of interest from eager buyers ahead of its official launch.
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