Revive 8Pp Brochure Investment
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1, 2, 3 & 4 BEDROOM WATERFRONT RESIDENCES R E VIVE OCEANSI DE, BR IGHT P LACE BIR TINYA 7 hours of Sunshine 300 days a year! WHY INVEST IN THE SUNSHINE COAST? A survey conducted by Tourism and Events Population growth projected for the Sunshine Coast Local Government Area (LGA) is higher than that Queensland found that over 240,000 Sydney for the Brisbane LGA or QLD state total. In the 10 years to 2021, Sunshine Coast’s average annual locals visited the Sunshine Coast in 2016, population change is projected to be at 2.2%; 0.4% greater than Brisbane3 and 0.9% greater than 16,000 people more than their Melbournian QLD state4. counterparts1. Infrastructure With 96% of local residents unable to think of a Roads better place to live2, and increasing interest and The Bruce Highway upgrade will see $1.134 billion spent on improvements to the highway, expanding popularity amongst interstate and international to six lanes of trac with interchange improvements to be completed in 2020. visitors, the Sunshine Coast’s signature lifestyle is Rail one not to be missed out on. The proposed Sunshine Coast Light Rail Project would connect Maroochydore with Caloundra via Kawana. Following the proposed 20km route, a terminal for the service would require a short walk Further growth in the region will further cement along Eccles Boulevard, just minutes from Revive Oceanside. Delivery by 2025 subject to approval. the area as a nationally signicant destination. Sources: 1 Tourism and Events Queensland ‘Sunshine Coast Regional Snapshot Year Ending September 2017’ 3 Queensland Treasury ‘Queensland Government population projections to 2031: local government areas, 2011 edition’ 2 Sunshine Coast Council ‘Census Infographic’ 4 Queensland Treasury ‘Population growth highlights and trends, Queensland, 2017 edition’ SOCIAL INFRASTRUCTURE & EDUCATION Sunshine Coast Public University Hospital Retail The new public tertiary teaching hospital will Located within a 20-minute drive are Kawana provide 738 new beds by 2021. With facilities Shoppingworld (featuring the Coast’s rst Gold such as emergency medicine, intensive care, Class and VMAX cinema) and Maroochydore City specialist services, teaching and research Centre Priority Development Area (PDA). infrastructure, the Oceanside Health Precinct is the new hub for health and wellbeing services The Kawana Shoppingworld expansion and on the Sunshine Coast. refurbishment will increase the complex to 6000m² - bringing over 200 new retail jobs once complete and signicant employment during the Sunshine Coast University Private Hospital construction process7. New additions to the complex include a Multi Deck car park, with a Also located within the Health Precinct is the range of new dining, entertainment and specialty private hospital with an initial capacity of 200 beds. stores. As at June 2017, prior to the upgrade, the Operated by Ramsay Health Care, the private complex had 6.8 million annual customer visits8, hospital will increase the capacity of public and and will continue to rise with the growing private healthcare on the Coast with an expected Sunshine Coast economy. 12,000 patients/year6. The Maroochydore City Centre was approved as a Priority Development Area by the state government. Baringa State Primary School Declaring Maroochydore as a PDA will renew the Opening in 2018, the new school caters for region by supporting economic development students from Prep to Year 6. Located just 12 including the provision of new much needed minutes from Revive Oceanside, once fully infrastructure with the creation of a new central established the school will have capacity for business district for the Sunshine Coast. 1100 students. It will also be Queensland’s rst - Science, Technology, Engineering and Mathematics (STEM) School of Excellence. Sunshine Coast Airport Upgrade The expansion project is currently underway, with $450 million invested in a new runway, two runway and taxi loops, terminal expansion, and new Aviation Rescue & Fire Fighting station. This expansion will bring 2230 new jobs by 2040 and a $4.1 billion to Gross Regional Product9. Sources: 5Queensland Health ‘Sunshine Coast University Hospital’ 6Queensland Health ‘General FAQs Sunshine Coast University Private Hospital’ 7Kawana Shoppingworld ‘Development Plans for Kawana Shoppingworld’ 8Mirvac Group ‘Kawana Shoppingworld’ 9Sunshine Coast Regional Council ‘Sunshine Coast Airport Expansion Project’ WHY INVEST IN OCEANSIDE KAWANA? Population and Economic Growth Oceanside Health Precinct Featuring Australia’s rst new - not replacement - hospital development for more than 20 years, Oceanside’s Health Precinct is Australia’s single largest investment The population growth for the Oceanside in health infrastructure. The 17 hectare health hub provides up to 32,000m2 of dedicated health and medical space. The Oceanside Kawana precinct catchment will exceed Brisbane and the encompasses around 100 hectares of land including Birtinya, the future town centre, and a dedicated transit and commercial precinct. Sunshine Coast at 2.8% per annum. The total economic benet during the Oceanside Town Centre development of Oceanside has been The Oceanside Town Centre precinct will be developed over the next 2 years and will include a sub-regional shopping centre with department store, supermarkets, forecast to top $5.3 billion over the next specialty stores, cafes, tavern, and an open air dining and entertainment precinct. Community and cultural facilities such as a library and learning centre, parks and 15 years and generate more than 3,000 open spaces have been planned as well as a service station and two drive-thru tenancies. Construction commenced at the end of 2017, and is due to be completed jobs per annum during the development late 2018. phase10. University of the Sunshine Coast With the University’s expected $54 million expansion noted as one of the region’s ve “game-changer projects”11 from 2013 to 2033, and an additional $5 million invested in the USC Sports Stadium development, the University of the Sunshine Coast expansion will give local students the ability to study at a university closer Sources: 10Locality Planning ‘Choose Sunshine Coast’ 11 University of the Sunshine Coast ‘University FOR the Sunshine Coast’ to home. There is also a plan to build a $4.2 million Sunshine Coast Aquatic Exercise Facility within the university precinct. POPULATION GROWTH 2.8% 2.2% 1.1% LOCATIONS 1 Maroochydore 2 Mooloolaba 3 Bokarina Beach 4 Future Bokarina Beach Village Centre 5 Oceanside Town Centre 6 Stockland Shopping Centre 7 Sunshine Coast University Hospitals EMPLOYMENT PROPORTION OF WORKFORCE The Urbis research has identied that there will be approximately 12,000 jobs at the completion of the Oceanside Kawana precinct. Nestled within the Mountain Creek Catchment, Birtinya represents a higher portion of white collar employees at 70 per cent, three per cent more than the Sunshine Coast LGA13. Managerial & Clerical Large-scale infrastructure projects for the region such as the Sunshine Coast University Hospitals, Operational Sunshine Coast Airport redevelopment and Oceanside Health Hub, have positioned the catchment Health Practitioners for strong long-term employment growth13. These projects have already, and will continue to signicantly boost the residential and retail demand within the catchment. Medical (Incl. VMOs) Trade & Artisans Sunshine Coast University Hospital is the major source of employment for the catchment! Nursing Professional & Technical Sources: 13 Urbis ‘Brightwater Market Outlook’ * Mountain Creek Catchment - Wurtulla, Bokarina, Birtinya, Warana, Parrearra, Mountain Creek, Minyama, Buddina, Mooloolaba, and Alexandra Headland INVESTMENT PROFILE AGE GROUPS LIVING IN BIRTINYA A great opportunity to invest in one of Queensland’s up and coming regional hubs on the Sunshine Coast. Located within the Kawana Waters Urban Centre, the area has seen favourable growth following the 14.6% 25 - 34 Years construction of the Sunshine Coast University Hospital and current Sunshine Coast Airport expansion project. Revive Oceanside oers waterside luxury with the convenience of city living with direct ights to and from 30.8% 35 - 54 Years Sydney, Melbourne, Adelaide and Auckland. 42.8% 55+ Years AVERAGE DEMAND MARKET 194 visits per property - Birtinya 55+ Years 327 visits per property - Average of Queensland 35 - 54 Years 25 - 34 Years Birtinya Average of QLD 5 - 14 Years Houses Apartments Median Price $630,000 Median Price $508,000 Annual Capital Growth -0.53% Annual Capital Growth 0.49% Weekly Median Advertised Rent $545 Weekly Median Advertised Rent $405 12 Month Growth 3.44% 12 Month Growth 9.25% Gross Rental Yield 4.72% Gross Rental Yield 4.15% Sources: Realestate.com.au ‘Birtinya Queensland 4574’ Your Investment Property Magazine ‘ Suburb Prole Report For Birtinya QLD (4574) W H Y C HOOSE REVI VE OC E ANSIDE? 60 intelligently designed 1, 2, 3 and 4 bedroom residences over 2 waterfront towers, all with luxury inclusions. Revive is Oceanside’s most iconic waterfront residential project. For further information contact Claire O’Hara 0438 581 394 Inclusions such as spacious waterfront balconies, European appliances, ducted cooling & heating providing perfect climate control, high ceilings for airow, full height glass doors for refreshing breezes, luxury imported tiles, stunning lake views, energy ecient lighting… the list continues!.