The Sunshine Coast has a clear vision, via their 20 year economic blueprint, to attract major investment and create a high value, but sustainable economy, which represents a new era for this region. The transition and diversification of the local economy away from a pure reliance on industries like tourism and construction will encourage more sustainable economic cycles.
Growth
One of the largest economies in Qld at around $13 billion GRP, doubled over the previous decade, forecast to reach $33 Billion by 2033
Resource: National Institute of Economic and Industry Research (NIEIR) & Sunshine Coast Regional Council
INFRASTRUCTURE
Over $18 Billion in large scale infrastructure including transport, health, education and new major city building projects currently approved or under construction
Resource: Specific Project Forecasting & End Value Information
Employment
A minimum 18,600 new jobs to be created during the next five-year period fuelled by unprecedented infrastructure investment
Resource: Australian Government Department of Employment
POPULATION
Currently around 290,000 persons, projected to reach 469,873 by 2036, represents annual growth of 2.3%
Resource: Australian Bureau of Statistics
AFFORDABILITY
Currently the detached housing market in Sydney is 112%, and Melbourne 68%, more expensive than the Sunshine Coast
Resource: CoreLogic RP Data, PriceFinder
OPPORTUNITY
Strong investment conditions including rental growth, extremely low vacancy rates reflecting full occupancy in some regions; coupled with limited new residential development
Resource: Residential Tenancies Authority, Real Estate Institute of Queensland
LIFESTYLE
Includes some of the best beaches in Australia, including Kings Beach, which was recently awarded the coveted title of Qld’s best beach voted by Surf Life Saving Qld
Resource: Surf Life Saving Queensland
Location
We have stringent criteria that must be met before choosing a location for our projects. The areas we carefully select have a high number of owner occupiers with high income demographics, coupled with limited supply of new and high end future development sites. Low rental supply and high rental demand is critical for securing a strong investment return. Close proximity to employment hubs, public transport, shops, services and amenities and other popular high capital value suburbs, ensures optimal lifestyle and convenience for discerning owners, committed tenants and satisfied investors.