With it's mix of economic and lifestyle factors, and affordability, it is easy to understand why property in the Fraser Coast region is being regularly sought out by investors.
This full-turnkey dual-income property in the heart of Hervey Bay is only 1.6km from the beach, within 350m of the local primary and high schools. 4km form the University and TAFE campuses and 3km from the airport.
The property offers a spacious 225m2 house on a 632m2 block with an expected yield of 6.1%. Priced at $837,812.
The Fraser Coast has been one of the fastest growing regions in Qld for population and employment as a result of business and infrastructure investment.
The population is expected to grow from 117,940 to 144,011 by 2041.
With 17,990 new homes required.
Major projects and investment include:
$7.1B contract to build and deliver 65 next generation trains supporting 800 local jobs.
- $90M Rheinmetall NIOA Munitions (RNM) 155mm artillery shell manufacturing facility in Maryborough supporting the Australian Defence Force.
- The $1 Billion Woondum to Curra project is a new 26km, 4-lane divided highway extension.
- $439 Million Bruce Highway Flood Proofing Upgrade
- $44.1 Million upgrade Maryborough-Hervey Bay Road and Pialba-Burrum Heads Road in Eli Waters.
- $44.66M Upgrade to the Fraser Coast Hospital
- $85.1M for Stanwell to build a 150 megawatt battery for Tarong Power Station.
- $197.2M Munna Creek 250ha Solar PV Park which will generate 250,000MWh to power 30,000 households offsetting 200,000 tonnes of CO2 emissions.
- A new $31 million recycling sorting centre opening in early 2025.
- $60 million Fraser Coast Water Grid to ensure secure, reliable, and affordable water future for the region.
- Planned $100M Hervey Bay CBD Redevelopment
- Completed $24M runway renewal at Hervey Bay Airport and expansion of departure lounge to cater for 180,000 passengers a year.
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