Sunshine Coast: Queensland
The Sunshine Coast, the 9th largest LGA in Australia, has become the strongest property market in Queensland, thanks to the strengthening of its economy and more than $20 billion in infrastructure projects and private investment either completed, under construction or in the planning pipeline.
Michael Shekell, Director of Builder Brokers advises that Builder Brokers has successfully placed many projects right across the Sunshine Coast and have a great land subdivision now occurring at Buderim Forest. Noosa is a hotspot right now with projects occurring all around the city and the Maroochydore City Centre has never been busier. Contact Builder Brokers 1800 1 BUILD for Fee Free Build Advice from Australia’s No.1 Builder Broker.
The region's economy has typically been dominated by three sectors, tourism, retail and construction.
“This is why the area struggled as an economy and as a property market in the past – locations that are essentially based on tourism and speculative development often fail to produce consistent growth,” Ryder said.
“But the Sunshine Coast economy is diversifying and strengthening.”
The construction of a new $225 million runway at the Sunshine Coast airport will see direct flights to and from Asia, along with the development of Maroochydore's new $430 million CBDunder way.
Located 100 kilometres north of Brisbane, the Sunshine Coast spans 55 kilometres from Caloundra to Noosa, and includes Kawana, Mooloolaba, Maroochydore, Buderim and Coolum.
Hinterland towns also take in Beerwah, Landsborough and Nambour.