Caloundra South a growth hotspot

Article Category: Demographics

By Owen Jacques, Sunshine Coast Daily, 9 June 2010

CALOUNDRA South has pushed and shoved its way ahead of Sunshine Coast counterparts to become one of the fastest growing areas in the state.

The figures from the Housing Industry Association, based on ABS numbers, put the boom area in sixth on a list of property “hotspots” in Queensland, wedged between inner-city Brisbane and Southport on the Gold Coast.

A hotspot, according to the HIA, is an area eclipsing the national average in its growth rate and reaching beyond $100 million worth of projects.

Hotspots

1. Griffin-Mango Hill (annual growth rate: 12.8%)

2. Condon-Rasmussen Bohle Basin (7.9%)

3. Central Pine West (7.8%)

4. Ipswich East (7.3%)

5. City–Inner Brisbane (5.5%)

6. Caloundra South

Annual growth rate: 5.1