The Sunshine Coast property market produced remarkable price growth from 2020 until early 2022, boosted by the strengthening of its economy and major spending on infrastructure.

Few factors stimulate property price growth like major new infrastructure spending, which generates jobs, economic activity and improved amenities for residents. In the past five years, 20,000 jobs have been created on the Sunshine Coast, bringing new residents to the area, and this process is set to continue.

Over $20 billion in major infrastructure projects and private investment is either completed, under construction or in the planning pipeline. Work on the new 53ha Maroochydore CBD is well underway and includes office, hotel and residential buildings.

With the Sunshine Coast International Broadband Network now in service and a new runway launching the local airport into international status, the region can expect to operate on a global business level. The 2032 Brisbane Olympics will include multiple events on the Sunshine Coast and inspire further investment in infrastructure.

With a robust economy that has averaged growth of 4% per year over the past 15 years – well above the national rate -opportunities to invest wisely on the Sunshine Coast continue to present themselves.

The region is made up of the Sunshine Coast LGA and the Noosa LGA. The Sunshine Coast LGA’s property market is on the recovery path with only 11 of its suburbs, particularly the more affordable ones, recording rising transaction numbers.

The Noosa LGA’s property market is already in recovery with transaction numbers recovering in three of its markets and rising in one.

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