The Sunshine Coast has a lot of exciting changes underway, including the completion just last week of the $932 million Bruce Highway upgrade. Providing greater access for locals and visitors, the highway upgrade is just one of the projects backing the growth of the region. Others include:
- Maroochydore: Australia’s only greenfield city centre is being built within an existing metropolitan area.
- Sunshine Coast Airport – to be expanded to provide direct flights to more Australian and international destinations
- A 17-hectare Health Precinct, which is adjacent to a new A$1.8 billion tertiary teaching hospital complex – one of Australia’s largest health infrastructure precincts.
- The Caloundra South Priority Development Area (Aura), which will accommodate roughly 50,000 people – one of the region’s main new residential and commercial developments and precincts.
- A corporate, technological, and retail precinct – adjacent to Australia’s top-ranked university, the University of the Sunshine Coast.
When it comes to the rising suburbs for residential living, the following have seen the biggest increase in value in the 12 months to August 2021:
- Sunrise Beach – 36.6% increase in property value
- Coolum Beach 21.7% increase
- Wurtulla 21.2% increase
- Mount Coolum 20.6% increase
- Noosaville 21.1% increase
- Tewantin 18.1% increase
- Woombye 20.3% increase
- Twin Waters 19.5% increase
- Buderim 16.9% increase
- Maleny 19.3% increase
These increases are predominantly attributed to interstate buyers moving in, with over 13,000 Victorians moving to the Sunshine Coast in 2020.
*Disclaimer: This article is for general information only and should not be relied on as advice. You should consider your personal situation and seek advice that is specific to your circumstances before making any decisions based on this information. If there are any issues you would like us to discuss with us arising from this article, please contact us*