Investment

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A popular and rapidly expanding area

More and more people are being drawn to the Sunshine Coast for its relaxed lifestyle, world-class beaches, and employment opportunities.

  • The Maroochy region population — which includes Peregian Springs — grew by 17% between 2001 and 2006
  • Maroochy regional growth is expected to hit 3.1% annually over the next five years – above the Queensland annual average of 2.3%
  • Growth is fuelling a rapid expansion of amenities at locations such as the Peregian Springs Shopping Centre, Noosa Civic, Sunshine Plaza and Kawana Shoppingworld
  • The Sunshine Coast will receive an estimated investment of $19.4 billion in projects under the 2009 South East Queensland Infrastructure Plan and Program (SEQIPP) including significant works to roads, universities and health infrastructure including a new $1b Kawana tertiary hospital (10min from Peregian Springs)
  • Growth is fuelling a rapid expansion of amenities at locations such as the Peregian Springs Shopping Centre (Coles Supermarket, 15 specialty retailers and medical centre), Noosa Civic, Sunshine Plaza and Kawana Shoppingworld.
  • Since 2005, $2.9 billion has been spent on infrastructure in the Sunshine Coast including significant upgrades to the Bruce Highway and Sunshine Motorway.
  • As a designated “high growth area” Peregian Springs has directly benefited from the State Government’s Infrastructure investment with the recent announcement of a new state primary school scheduled to open next year (2010). It is one of only seven new primary schools in the State to be approved.
  • Future land releases at the northern Sunshine Coast will be limited, underpinned by recent events such as the introduction of an amalgamated Council, and general residential land supply drying up

*Source: State and Statistical Divisions: Queensland Government, Queensland Government Population Projections (2006 edition); LGA: Department of Local Government and Planning, Queensland's Future Population (2006 edition) (QRSIS database maintained by the Office of Economic and Statistical Research (OESR)); Midwood Report May 2008; Resolution Research Report March 2008; Munro Thompson State of the Region Report 6/11/08; PRD Why Invest On Sunshine Coast Report 2007