Sunshine Coast, QLD
The Sunshine Coast is Queensland’s strongest real estate market, supported by a robust economy that has grown by 4% per year over the last 15 years, well above the national rate of economic growth.
Combined with the neighbouring Noosa and Gympie LGAs, this region is easily the stand-out market in the state, inspired by big investment in infrastructure.
In total, over $20 billion in major infrastructure projects and private investment is recent completed, under construction or in the planning pipeline.
This is a game-changer for the Sunshine Coast. Nothing supports property price growth like major new infrastructure spending, which generates jobs, economic activity and improved amenity for residents.
The big-ticket item is the $2 billion Sunshine Coast University Hospital which opened in April 2017. There is also the $150 million private hospital built in association with it, as well as the Oceanside Kawana Health Hub.
In the last five years, 20,000 new jobs have been created. This represents a major boost to economic activity, jobs and real estate demand.
This report covers the Sunshine Coast LGA including the suburbs / towns of Alexandra Headlands, Bli Bli, Buderim, Caloundra, Caloundra West, Coolum Beach, Currimundi, Doonan, Golden Beach, Kawana, Little Mountain, Marcoola, Maroochydore, Mooloolaba, Mount Coolum, Nambour, Noosa Heads, Noosaville, Palmwoods, Parrearra, Pelican Waters, Peregian Beach, Peregian Springs, Sippy Downs, Sunrise Beach, Sunshine Beach, Tewantin, Twin Waters, Woombye and Wurtulla.
The Sunshine Coast was Hotspot of the Week on 31st October 2018.