QLD rail infrastructure is a big winner from this weeks Federal Budget 2022 announcement! An allocation of $1.6billion is going to the much anticipated 37km CAMCOS rail line connecting Beerwah to Caloundra and Maroochydore on the Sunshine Coast.
“With a focus on job creation, improving connectivity and strengthening supply chains… The Budget has a strong focus on rail infrastructure, including faster rail upgrades for Brisbane to Gold Coast and Sydney to Newcastle as well as rail intermodal terminals in Melbourne and the CAMCOS rail line on the Sunshine Coast” KPMG Budget Summary
Regional locations like the Sunshine Coast have shown consistent growth and flourishing opportunity. Lifestyle and affordability continue to be a drawcard in 2022 especially if such regional towns are within driving distance to a capital city.
Corelogic’s Q1 market review has identified that the fastest growth rates are found amongst coastal and lifestyle locations. It’s no wonder that places like the Sunshine Coast continue to grow thanks to lifestyle, new jobs and a diversifying economy.
To learn more about opportunities in this region and beyond, please feel free to contact your Property Consultant or call 1300 449 974.
