Blog

May 14, 2018

Sunshine Coast economy one of the strongest in the State

The Sunshine Coast has been continuing its excellent growth with major projects well underway and pushing the Coast’s economy to currently be recognised as one Queensland’s most flourishing.

Population growth and major infrastructure and development works throughout the coast are having a flow on effect, bringing jobs and money to the local economy. Among the major infrastructure works, the highly anticipated Sunshine Coast Airport Expansion began construction late last month. Due for completion in 2020, the upgrade is expected to inject $4.1billion into the Sunshine Coast region in the following 20 years, which is an encouraging figure for the Coast’s long-term outlook.

This is just one of many major projects in the region helping to lift the Sunshine Coast economy to one of the State’s top performing, encouraging news for businesses and investors both locally and interstate.

With the demand for coastal land in Noosa high and limited vacant space available, surrounding suburbs – such as Peregian Springs, Tewantin, Cooroy and Yandina – are providing excellent alternatives. Continuous upgrades to networks connecting the region, as well as an increased need for businesses to shadow the expanding population, these suburbs are becoming desirable alternatives for investors looking to purchase in the northern Sunshine Coast.