The Sunshine Coast’s economy has doubled in size in the last decade, with a Gross Regional Product of $13.8 billion and is continuing to grow notwithstanding the challenging global economic conditions. The Sunshine Coast economy is home to over 35,000 registered businesses across a range of industry sectors (AEC Group January 2013).
The Sunshine Coast has a well established foundation in the tourism, retail and construction sectors. With a strong focus on strengthening the region’s economy, the Sunshine Coast has experienced business growth in recent years in financial and insurance services; professional, scientific and technical services; health care and social assistance; and education and training – with these sectors now collectively comprising nearly 25% of all businesses in the region.
Growth in the Sunshine Coast is set to continue, making the region one of the most dynamic and innovative investment prospects in Australia. With a population of 316,858 people (2011 Census) and projected to increase to over 475,000 people in the next two decades (AEC Group January 2013), the Sunshine Coast has an ever growing local workforce to meet the needs of new business and industry.
Sunshine Coast Council is delivering ideal planning conditions for the core economic heart of the region. The Sunshine Coast Enterprise Corridor – stretching primarily along the coastal strip from north of the Sunshine Coast Airport to Caloundra South and bounded to the west by the Bruce Highway – will represent the key area for commercial and residential growth over the next 20 years and provide the location for many of the high-valued industries to establish, expand and mature.
|| 316,858 (Census 2011)
| Gross Regional Product (GRP)
|| $13.8 billion
|| 3,127 sq km / 1,207 sq miles
| Time Zone
|| UTC + 10 hours
| Major urban centres
|| Maroochydore, Caloundra, Nambour
Source: ABS 2011 Census; Queensland Regional Profiles, AEC 2013, Queensland Treasury (2011)
For snapshot of the 2011 Census data released for the Sunshine Coast, visit Australian Bureau of Statistics website .