100 Duporth Avenue, MaroochydoreView
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 higher percentage population growth than Sydney.
The region boasts an economy worth $15.74 billion, having grown by around 29% in seven years and 12% in the previous two.
A strong infrastructure pipeline in excess of $20 billion including transport, new CBD and master planned communities
The Sunshine Coast has experienced a solid, progressive employment growth of 13% increase in jobs during the past five years to 2019.
The median apartment price in Melbourne and Sydney was 28% and 80% respectively more expensive than the Sunshine Coast for 2018.
Consistently low vacancy averaging 1.4% over the past five years to 2019, which is essentially full occupancy. It is also substantially below that of Sydney which has consistently increased since May 2017, rising to 3.2% as at January 2019.
Apartment rental yields were at 5.1% as at January 2019, significantly higher than those being achieved in Sydney and Melbourne, which have fallen to record lows of 3.8% and 3.9% respectively.
An incredible 22% median apartment price growth has been experienced over the past three 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
Public and private spending into regions increases land values and creates a higher demand, with more residents relocating into a region due to better employment, education, transport or entertainment opportunities.Read more
Attracting a high volume of both interstate and international businesses, the increased speed will provide a range of new opportunities and give major data-intensive companies such as Facebook, Google, Amazon and Microsoft the opportunity to revisit the benefits of where they locate their Australian investments.Read more
This is a key factor as to why Brisbane and South-East Queensland represents an appealing market for property investment and development, given its strong vision for the future and commitment to invest in critical infrastructure that will continue to transform the city.Read more
The fundamentals for SEQ remain strong and it has been cyclically ready for some time now. However, regulatory measures to control Sydney and Melbourne, combined with media reporting that has been mostly negative, has created a level of sentiment that has hampered the SEQ market from reaching its full potential.Read more
The Sunshine Coast has beaten Brisbane and the Gold Coast to lead Queensland growth prospects, the latest Hotspotting report has found, thanks to a massive $20 billion infrastructure pipeline of projects either completed, in the process or in planning.Read more
For people interested in investing in property it’s encouraging to note that despite what you may read in the main stream media consistently, Australia contains multiple other property markets outside of Sydney and Melbourne, and these markets do not rise and fall on the same tide.Read more
I’m often asked what is the key to the success of Mosaic Property Management. The answer is a multitude of things – a culmination of quality service, always going above and beyond, and we’re leasing Mosaic product; because at the end of the day, the quality of the property for rent is also critical to the success.Read more