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Growth economy 

The Sunshine Coast is one of the fastest growing regions in the country, with the economy expected to grow to A$33 billion by 2033.

With a range of capital projects already in the pipeline including A$12 billion in private sector investment, the region has emerged as a world-class business destination.

Sunshine Coast’s Regional Economic Development Strategy is generating a suite of emerging opportunities for investors and opening new avenues for investment.

An exciting future for the Sunshine Coast is being developed on the back of strong economic foundations, valuable capital assets and a culture of innovation.

Economic snapshot:

  • One of the largest local government areas in Australia with a population of 319,922, expected to grow to more than 500,000 by 2041 (QGSO, 2018; ABS, 2018)
  • A large workforce catchment that includes 1.15 million workers (Department of Jobs and Small Business, 2017).
  • A new city centre – the only greenfield CBD in Australia at this time – is being established in Maroochydore with prime commercial office space.
  • A A$303 million expansion of the Sunshine Coast Airport including a new runway and related infrastructure to be delivered by 2020
  • A new A$5 billion health precinct and A$1.8 billion tertiary teaching hospital campus.
  • The International Broadband connection will deliver potential value of A$453 million to the region’s economy annually and A$927 million annually to the Queensland economy.
  • Major new residential and commercial developments and precincts including the Caloundra South Priority Development Area, known as Aura, which will house up to 50,000 people.