Join Jason Dwyer from Dwyer Property Investments as he explores the incredible potential of Caboolture West, a rapidly growing development in Southeast Queensland. Situated in the northern growth corridor between Brisbane and the Sunshine Coast, Caboolture West is set to become one of Australia's most dynamic urban regions.
Transcript:
Hello, I'm Jason Dwyer from Dwyer Property Investments, and today I'd like to talk to you about the development at Caboolture West and why I believe it has such incredible potential for property investors. Caboolture West sits in the northern growth corridor between Brisbane and the Sunshine Coast and is a beacon of opportunity for property investors with a massive $9.5 billion expansion underway. This area is poised to become one of Australia's most dynamic urban regions. What makes Caboolture West the best place for property investment? Let's look at some key facts driving this unprecedented growth. Investing in any region comes down to three critical considerations: supply, demand, and the economy. Caboolture West offers a unique blend of all three. Master-planned communities are at the heart of this growth, offering a comprehensive ecosystem that integrates residential, commercial, retail, education, and transport amenities into one picturesque place. These communities provide far more than traditional fringe developments ever could because they bring extensive infrastructure, investment, jobs, schools, shopping centres, and lifestyle amenities to key growth areas.
Looking ahead, the Moreton Bay region, which includes Caboolture West, is set to experience a population boom. By 2041, the population is forecast to grow by over 40%, with more than 690,000 residents. This northern corridor is expanding at a rapid pace, with 50,000 new homes planned between Morayfield and Sippy Downs over the next decade. Caboolture West is at the epicentre of this growth. The Queensland State Government, in partnership with Moreton Bay Council, approved the structure plan in March 2023. This ambitious plan includes provisions for 68,000 new residents across 26,000 dwellings, 17,000 jobs, six local centres, 13 neighbourhood centres, nine primary schools, three secondary schools, a TAFE, a private hospital, and an array of sporting fields and local parks.
What's more, the Moreton Bay Council has given the green light to five new housing estates within the Caboolture West development. These initial projects are led by prominent developers such as Stockland, AVID, and many others. As this northern corridor evolves, it will become one of the fastest-growing urban regions in Australia. Caboolture West's strategic location places it right in the middle of this major growth and expansion. The momentum in the region is already well underway, with several major infrastructure projects in progress. These include a $400 million upgrade to the Caboolture Hospital, a $100 million upgrade to the Bruce Highway, and $2 billion for the Northeast Business Park in Caboolture. Also, the University of the Sunshine Coast's new campus in Petrie has opened its doors, serving 10,000 students with plans to expand to 35,000 in the coming years.
So, what more can I say? Caboolture West is more than just a development. It's a comprehensive, forward-thinking plan designed to support the region's explosive growth. With billions of dollars in infrastructure investment, thousands of new homes, and a massively growing population, this area is perfectly positioned to become a key player in Australia's property market. For investors looking for a high-growth, high-return opportunity, the future is being built here, and now is the time to invest.
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