South East Queensland Population of SEQ Australian International & Population growth in Queensland continues to be Interstate Migration 2017-18 largely concentrated in the South East with 87.7% of Queensland’s growth in 2017-18 occurring in the local government areas of Brisbane, Gold Coast, State International Interstate Net +/- Moreton Bay, Sunshine Coast, Ipswich, Logan Queensland +28,667 +24,698 +53,365 and Redland. New South Wales +89,813 -21,672 +68,141 The fastest growing LGAs in the year to 30 June Victoria +85,053 +14,316 +99,369 2018 were in SEQ: Ipswich 3.5%, Sunshine Coast South Australia +12,675 -5,151 +7,524 2.8%, Gold Coast 2.6% and Moreton Bay 2.3%. Western Australia +12,810 -11,300 +1,510 South East Queensland City Deal ACT +4,795 +558 +5,353 On 12 February 2019, the Australian Government Northern Territory +846 -3,831 -2,985 committed to develop a City Deal for South East Queensland in partnership with Queensland Tasmania +2,579 +2,382 +4,961 Government and the Council of Mayors for SEQ. Australia - - +237,238 The SEQ City Deal allows the Federal Government Source: ABS, Migration Summary 2017-18 to understand Local Council needs, having already invested $7.2B into major transport infrastructure projects, such as $200M for additional lanes on the Ipswich Motorway between Rocklea and Oxley. South East Queensland Population Growth LGA 2011 2012 2016 Brisbane 1,089,879 1,110,473 1,131,155 Gold Coast 515,202 526,173 555,721 Growth of SEQ Sunshine Coast 318,279 324,266 346,522 Redland 143,711 145,507 147,010 SEQ is a diverse region that will continue to Moreton Bay 390,051 400,036 425,302 grow and experience change over the next 25 years. It is important that the region is Logan 287,474 293,485 303, 386 well-positioned to respond positively to this Ipswich 172,200 177,485 193,733 growth, and change in a manner that meets Lockyer Valley 35,880 36,512 38,609 the expectations of the community. Somerset 22,200 22,584 24,597 Over the next 25 years, SEQ is expected Scenic Rim 37,437 37,826 40,072 to grow from about 3.5 million to 5.3 million people. This will require almost 800,000 new SEQ TOTAL 3,012,313 3,074,347 3,206,107 dwellings and around 950,000 new jobs. PAGE 1 Sunshine Coast The Sunshine Coast is one of the most popular holiday destinations for domestic and international visitors, known for the natural Population 2018 unspoiled beauty of its tropical rain forests, miles of white sandy beaches and the many holiday resorts and scenic tours. 319,922 (ABS ERP 2018) It is 3,130 square kilometres and stretches along approximately 65km of sandy beaches and headlands, from Caloundra in the south to Population 2026 Noosa which is located about 1.5 hour drive, 90km north of Brisbane. 386,692 (Sunshine Coast Council) Population The population of the Sunshine Coast is forecast to grow to over Population Growth 385,000 people by 2026. It is anticipated that a total of over 168,000 dwellings will be required by this time. 20.9% (2018-2026 Sunshine Coast Council) The population, dwelling statistics and demographics of the Sunshine Coast between 2016 and 2026 forecasted the majority of population growth will be provided through net migration, 97% of all population Gross Regional Product growth. The largest of population increases will be those aged 35-39 $15.74B years, 0-4 years and 5-9 years i.e. younger and more established (NIEIR 2018) families. There will be an increase of approximately 36,700 dwellings and 32,700 households which is over 3,670 dwellings and 3,270 Local Jobs households per year. 141,118 (NIEIR 2018) South East Queensland Employed Residents International & Interstate Migration 2017-18 151,933 (NIEIR 2018) LGA Natural Overseas Interstate Net +/- Logan +3,390 +1,640 +1,100 + 6,130 Brisbane +8,200 +11,920 +2,820 +22,940 Ipswich +2,440 +750 +3,960 +7,140 Lockyer Valley +260 +250 +290 +790 Somerset +110 +60 +200 +360 Moreton Bay +2,620 +1,700 +6,050 +10,370 Redland +560 +490 + 1,220 +2,270 Gold Coast +3,300 +4,890 + 7,440 +15,630 Scenic Rim +100 +100 +640 +830 Sunshine Coast +960 +1,450 +6,370 +8,780 SEQ - - - +75,240 PAGE 2 Growth Drivers Economy Commercial Development The Sunshine Coast has been ranked as the second Caloundra South PDA highest performing regional economy in Queensland The Caloundra South Priority Development Area for 2013-14 and 2014-15 based on average annual (PDA) is approximately 2,360 hectares of greenfeld growth rate in population, employment and productivity. land located to the south of the established Caloundra The economy is predicted to grow over the next 20 urban area and is intended to be developed over a years to reach $33B in 2033. 30 to 40 year period accommodating up to 50,000 residents in 20,000 dwellings. The average annual economic growth of the Sunshine Coast from 2002-2015, 4.09% per annum compared International Broadband Submarine Cable with other major global economies (International From 2020, the Sunshine Coast will deliver Australia’s Monetary Fund, October 2015) demonstrates the fastest telecommunications connection to Asia and the region’s economic strength and resilience. Economic second fastest to the United States. The International growth on the Sunshine Coast surpassed the Broadband Submarine Cable Project will position the Australian average annual growth rate by 1.05% per region as Australia’s leading smart city. annum over this period. Independent modelling forecasts that this cable will The Sunshine Coast is the tenth largest ‘signifcant generate up to 864 new jobs and up to $927M in new urban area’ in Australia by population (.id, 2014). The investment for Queensland. Businesses in Queensland region experienced a 10.1% growth in population over will, for the frst time, be able to bypass Sydney and a fve-year period (2008-2013), which was higher than connect direct internationally. This will provide business the national growth rate of 8.7% over the same period with a range of new opportunities that come with (ABS, 2014). The region is forecast to have the second increased speed and diversity. highest growth rate of major Queensland sub-state regions between 2011 and 2036. This connectivity will give major data-intensive companies such as Facebook, Google, Amazon and For the nearly 30,000 businesses on the Sunshine Microsoft the opportunity to revisit the benefts of where Coast, commercial confdence is at its highest level in they locate their Australian investments. The project seven years. The region is experiencing the highest includes a 550km undersea fbre optic cable that will levels of business proftability and total sales and connect the Sunshine Coast to the 9,600km Japan- revenue of any region in Queensland. Guam-Australia-South (JGA-S) submarine cable. Sunshine Plaza Redevelopment Maroochydore CBD PDA Sunshine Plaza’s $440M redevelopment delivered the Declared a Priority Development Area the Maroochydore coast’s frst David Jones, H&M, Sephora, lululemon and City Centre is expected to service a wider catchment of Sheike stores, as well as a new Big W, Kathmandu, JB over 2 million people by 2030. The 53ha site planned Hi-f, MECCA, Seed Heritage, Endota Spa and Baku. for development over 20 years will offer business and investors 50,000sqm commercial foor area, 65,000sqm The new stores take Sunshine Plaza’s total retailer retail and 2,000 residential apartments. count to 345 over 107,000sqm and elevate the Centre to be the frst super-regional shopping centre north Hotel, Entertainment, Convention Exhibition Precinct of Brisbane. The redevelopment is estimated to have One of the early precincts to become available will be generated close to 2,900 jobs during construction, and the 3.2ha site for a 250 room hotel plus 100 residential a further 2,300 retail job after it opened. apartments and 15,000sqm of retail space. PAGE 3 Medical Sunshine Coast Health Precinct The Sunshine Coast Health Precinct is the largest health infrastructure asset currently being developed in Australia. The Sunshine Coast Health Campus Transport incorporates the Sunshine Coast University Hospital and the Sunshine Coast Health Institute co-located Bruce Highway Upgrade with the Ramsay-owned University Private Hospital. The Bruce Highway upgrade to six lanes between The health campus is adjacent to the Health Hub which Caloundra Road and the Sunshine Motorway will reduce offers specialist support and together will contribute an congestion and improve safety, and ensure the highway estimated $3.2B to the Sunshine Coast economy during can cater for future traffc growth. construction and a further $447M per year from operations. Construction is expected to be completed in late 2020. The $812.95M project is funded on an 80/20 basis Health Hub under the Infrastructure Investment Program with the The 17ha Health Hub provides up to 32,000sqm of Australian Government contributing $650.36M and the dedicated health and medical space in addition to Queensland Government contributing $162.59M. residential accommodation and mixed-use facilities. All land uses within the Health Hub are intended to support the functioning of the university hospitals. Proposed Sunshine Coast Light Rail The proposed light rail route between Maroochydore Sunshine Coast University Hospital and Caloundra will create almost 9,000 jobs during The Sunshine Coast University Hospital (SCUH) opened construction and operation, delivering an estimated in March 2017 to complement the new Oceanside Kawana $3.6B into the local economy.