Attachment A - Advert package · 132006.1395.04

142 NOOSA DRIVE, NOOSA HEADS




             06 MARKET COMMENTARY
         SUNSHINE COAST MARKET OVERVIEW
         Queensland’s Sunshine Coast, comprising the former shires of Caloundra, Maroochydore and Noosa, is
         characterised by its pristine hinterland and internationally recognised coastal environment. The tourism base
         is well established and the retirement living sector is growing as international and interstate migrants seek
         the lifestyle through ‘tree’ and ‘sea’ changes. The emerging Oceanside Health Hub including the ‘state of the
         art’ Sunshine Coast University Hospital is expected to greatly improve the Sunshine Coasts credentials as a
         major health and education centre.

         HISTORICAL POPULATION GROWTH
         Over the past decade, the Sunshine Coast has experienced strong growth reaching a population in excess of
         330,000 residents. The Australian Bureau of Statistics have estimated that during this period the Sunshine Coast’s
         population has grown by approximately 34%, equating to an average annual growth rate of well above 3%.

         FUTURE POPULATION GROWTH
         Population forecasts from the Queensland Office of Economic and Statistical Research estimate that the Sunshine
         Coast region will be home to between 466,187 and 555,616 residents by 2031. Over this period, these projections
         represent an average annual growth rate of between 1.9% and 3.2% per annum, whereby empty nesters and
         retirees will form the largest growth segment of the local demographic.




         Source: ABS/OESR




         9    Colliers International                                                              Information Memorandum