Our research team has identified the Sunshine Coast as a hot spot for investment - and a recent report from Bernard Salt further cements the region’s viability. The renowned demographer and futurist believes the new Maroochydore CBD is rapidly morphing into a profitable business destination.
The follow-on effect is set to increase the Sunshine Coast’s potential for investors.
Maroochydore’s skyline is quickly transforming with new development.
Rapid new development
Tourists, residents, investors and business owners alike will benefit from exciting projects on the Sunshine Coast. The Sunshine Coast Airport Expansion Project encompasses a new runway to welcome direct flights from across Asia and the Western Pacific, which is forecast to open in 2020.
Transport links are improving with a proposed light rail line between the airport and Caloundra. In terms of the healthcare industry, a new public hospital is open in Kawana and education will receive a boost with the recent upgrades to the Sunshine Coast University.
The Maroochydore CBD Development is taking shape, creating a city to rival the country’s technology, commerce and entertainment hubs. Prime features include commercial office space, retail precincts, residential apartments, convention facilities, waterways, dining and entertainment venues. This is attracting new businesses and startups, along with employment and population growth.
Photo caption: Lifestyle opportunities abound in Maroochydore.
Lifestyle factors
What it has, that Brisbane doesn’t, is world-class beaches on the doorstep of lifestyle suburbs throughout the region.
It’s little wonder that strong capital growth is forecast for investors, as people converge on the city and surrounding areas of the Sunshine Coast. A popular ‘sea and tree change’ destination for years, the increased business potential of Maroochydore further enhances the lifestyle appeal. Though the city is within an easy two-hour drive of Brisbane, it’s fast becoming a self-contained destination in itself.
What it has, that Brisbane doesn’t, is world-class beaches on the doorstep of lifestyle suburbs throughout the region. The more famous stretches of Noosa, Mooloolaba and Coolum attract tourists from across the globe. However, a local vibe still reigns at quiet beaches like Mudjimba and Moffat.
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Then, there’s the Sunshine Coast Hinterland, home to the Glass House Mountains, lush rainforests and major tourist attractions, such as Australia Zoo and the European-style small town of Montville. Despite rapid growth, the Sunshine Coast maintains an easy-going atmosphere, with a focus on local produce and community spirit.
For property investors, the Sunshine Coast, offers all the key features to enjoy high occupancy rates and good rental returns. With the CBD’s makeover leading the way, the future is shining brightly indeed, for Maroochydore and the surrounding region.
Photo Credit: "Maroochydore seen across South Maroochy River, Queensland" by Kgbo is copyright ©2019 and made available under this license.
