Unpacking the Sunshine Coast’s History Making Growth Spurt

As a group that researches, analyses and predicts with accuracy (with a 10-year track record to prove it), Direct Collective is receiving a growing number of requests to share our insight to make sense of the population growth, the property price increases and demand for particular property products. In response to that, we are preparing something pretty incredible, and we’ll reveal that in the coming weeks, you’ll be among the first to know.

One such request was of our Chief Operating Officer Mal Cayley who was sought out by media once again to help explain the incredible property phenomenon occurring on the Sunshine Coast right now and to share what’s coming.

Published today, and holding the home page spotlight on Sunshine Coast News is
the article “The unique circumstances that have put us in the firing line for a history-making growth spurt” incorporating a lot of insight from Mal.

In this article, Mal shares that the data being used to plan ahead for the development, housing and transport requirements for our region is out of date and that using the population prediction of 518,000 people by 2041 as a basis for effective planning would be a mistake.

The Sunshine Coast has grown in popularity, population and economy for a number of reasons that we outline in our previous articles (https://investorproperty.com.au/insights/news/the-factors-exacerbating-the-rental-crisis/) and with additional changes in behaviour due to the pandemic and the potential for an Olympic Games to be hosted in the region, the demand for the Sunshine Coast will continue in numbers many may not even be able to imagine. The pandemic didn’t create the demand or the ‘boom’ but it has shifted the predictions by bringing them all forward and this is precisely why the population growth forecasts need to be reviewed and increased.

Mal has warned that unless the Coast revised its growth data and fast-tracked planning, the region would face an unprecedented housing crisis.

“What we’re facing today is like nothing compared to what’s coming — and it’s already a crisis,” warned Mr Cayley.

“What’s happening on the Sunshine Coast cannot be found anywhere else in Australia’s history – there’s nothing historically equivalent; it’s a unique set of circumstances.”

What does this mean for people looking to buy, sell, rent or invest? It means this isn’t a quick boom and crash model, it’s the beginning of a protracted upswing and getting the right advice to ride the wave of success is paramount. Talk to our team today for an obligation, free consultation to understand how you can benefit from these history-making circumstances presenting right now on the Sunshine Coast.