Relocation to the Sunshine Coast
New Migration Wave Emerges on the Sunshine Coast

Everyone has heard about the huge migration wave of baby boomers making their way to a more relaxed lifestyle on the Sunshine Coast, but according to high profile property advisor, Bernard Salt, a new wave of migrating single women has recently emerged.

Mr Salt, a renowned author, business analyst and cultural trends commentator was on the Sunshine Coast today to present his latest findings to leading Sunshine Coast property and construction identities.

Mr Salt said women in their late 30’s who were coming out of long-term relationships were packing their bags and heading to the Sunshine Coast to reinvent themselves – creating an important new market for property developers and ongoing demand for new housing.

“This is creating a “man drought” on the Sunshine Coast with cashed up women heading up households and making solo decisions on property,” he said.

“Developers need to factor these households in to their equation with safe, convenient and community oriented neighbourhoods becoming an attractive destination for these households.”

Mr Salt said when it came to the Sunshine Coast property market, the best was yet to come with Queensland’s resources boom as well as continued growth in the property and construction industries expected to help push up property values.

“Figures released by the ABS last month showed that Queensland created 107,000 new jobs in the 12 months ending June 2005.

“This is the largest absolute increase in jobs in Queensland in any year in over a quarter of a century.

“Anyone who understands property knows that there is a direct link between job growth and the capacity of the market to take on a mortgage.

“The booming Queensland economy, along with the continued migration to the Sunshine Coast means that when it comes to property investment in Queensland, the Sunshine Coast is one of the premier destinations,” he said.