The Sunshine Coast, about 100km north of Brisbane, is a diverse subtropical region with beautiful beaches, lush hinterland, and scenic mountains. It has a strong and growing economy, competitive business conditions, accessibility to major national and international markets and a quality lifestyle.

Economy

The Sunshine Coast’s growing economy is historically dominated by four main sectors – tourism, leisure, construction and retail. However, it continues diversifying, with a number of developing industry sectors including education, agribusiness, aviation and clean technologies.

Priority economic development sectors for the region include health and wellbeing, education and research, tourism and events, professional and knowledge services, agriculture and food, aviation and clean technology.

The health, research and education sectors feature prominently in the economy, with the Sunshine Coast University Hospital precinct including a Science Academic Research Centre. Education and research capabilities on the Sunshine Coast are also linked with the University of the Sunshine Coast.

The region nurtures high potential industry sectors towards global competitiveness by optimising major projects that will have far reaching benefits across the Sunshine Coast community.

Major projects

  • Sunshine Coast University Hospital and adjacent health and medical precinct at Kawana
  • A new city centre in Maroochydore – commercial, civic and entertainment opportunities
  • An expanded Sunshine Coast Airport providing a national and international gateway to the region
  • Expansion of the University of the Sunshine Coast (USC) facilities and course offerings

Regional strengths

The Sunshine Coast is one of the most exciting business destinations in Australia, delivering a natural advantage to business. The region offers a highly skilled and educated workforce, a focus on innovation, an increasingly diverse economy and well-planned areas for business growth.

These factors combine to allow business on the Sunshine Coast an outstanding opportunity to succeed.

The range of business opportunities in the region include:

  • aviation,
  • clean technology,
  • creative industries,
  • digital industries,
  • education services,
  • food and beverages,
  • health and well-being,
  • light industries,
  • professional services,
  • sport and leisure
  • and tourism and events.

On the research front, The USC Innovation Centre is home to more than 30 businesses that boost the local economy and provide a ‘living learning laboratory’ of experience across digital, cleantech, creative and health-related industries for students

Trade & Investment Queensland partners with the region’s leading industry, government and educational representatives to help support existing business and attract investment to the area.

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Market Profile Sunshine Coast

Market Profile Sunshine Coast

December 13, 2016

Located just over one hour’s drive from the state’s capital of Brisbane and with a current population of over 298,000, the Sunshine Coast has a clear vision to build a high-value economy of choice for business, investment and employment. The Sunshine Coast economy is one of the largest regional economies in Australia, with a current Gross Regional product of more than A$16 billion, double that of the previous decade.

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