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Writer's pictureCameron Bird Property Group

The Queensland Location Set For A Multi-Billion Dollar Boom - Hervey Bay Region

Updated: May 22




The Hervey Bay Region located in sunny Queensland was once known as just an iconic tourist destination and is now an emerging infrastructure hub with multi-billion-dollar investments into leading infrastructure projects that are shaping the area, making it a very compelling option for astute investors to purchase property.


Hervey Bay proudly supports a range of traditional and emerging industries including manufacturing, construction, new housing developments, and commercial and retail projects.


Tourism and residential populations are growing creating economic opportunities such as housing development to commercial and retail, health services and tourism.


Infrastructure Investment = Population Growth = House Price Growth


To respond to this growing population and demand, there is a strong multi-billion dollar investment in new projects underway and on the horizon for the region including the $7B QLD Government Train Manufacturing Plant that is expected to employ over 800 people.


$7B QLD Government Train Manufacturing Plant



The Queensland Train Manufacturing Program was established to meet the increasing demand for rail transport in South East Queensland over the next 10 years. The 65 new six-car passenger trains will be manufactured at a purpose-built production facility at Torbanlea, in the Maryborough region. Construction of this facility will begin later this year.



Hervey Bay Region Overview

Hervey Bay sits within the Coral Sea on the Fraser Coast, with direct access to the iconic Fraser Island and the Southern Great Barrier Reef. With convenient access to road, rail and air, Hervey Bay enjoys strong growth in business, population, and industry.


Within an easy 3.5-hour drive or 45-minute flight from Brisbane and a 90-minute flight from Sydney, Hervey Bay is brimming with investment opportunities, with all levels of government collaborating to support the right investors to attract regional growth and investment.


Fraser Coast Infrastructure Map



Multi-Million Dollar Boom in the Hervey Bay Region

Manufacturing Boom

Positioned to lead in advanced manufacturing, the Fraser Coast boasts over 150 years of manufacturing expertise, alongside affordable land and site options. With emerging opportunities in defence, rail, and aviation supply chains.


Leading Infrastructure Projects

Completed


Left to Right:

  • $110M Bruce Highway Saltwater Creek Upgrade

  • $385M EDI Train Maintenance Contract


In Progress


Left to Right:

  • $7B Queensland Government New Generation Train Tender

  • $2B Forest Wind Clean Energy Project

  • $300M Munna Creek Solar Farm



Left to Right:

  • $175M Susan River Solar Farm

  • $81M Rural Funds Group Macadamia and Cropping Project

  • $70M ESI Battery Factory, set to supply 20% of Australia's needs



Left to Right:

  • $60M Nioa-Rheinmetall Munitions Factory

  • $55M Fraser Coast Sport and Recreation Precinct

  • $26M Hervey Bay Airport Redevelopment



Left to Right:

  • $21M Boundary Road Extension

  • $14.5M Hyne Timber Mill Expansion

  • $12M AstroAero Aircraft Manufacturing Facility


Approval Granted


Left to Right:

  • $60M Urangan Harbour Precinct

  • $40M Hervey Bay CBD Redevelopment


Healthcare and Aged Care

With a rapidly growing population, particularly in Hervey Bay, projected to become one of Australia's top 25 cities, there's a strong demand for healthcare and aged care services. The region's natural accessibility also makes it an attractive retirement destination.


Sustainability

The Fraser Coast is coming up as a sustainability pioneer, with projects like Forest Wind, one of the largest wind farms in the Southern Hemisphere, leading the way. Local industries demonstrate a strong energy demand, particularly in medium and heavy sectors.


Tourism

Renowned as a world-class tourist destination and home to the world's first Whale Heritage Site, Hervey Bay offers easy access to major population centres and boasts a mild, inviting climate year-round, making it a perennial favourite among travellers.


Looking to Invest in The Hervey Bay Region?

If you are ready to take the next step in securing an investment property, don't hesitate to get in touch. With over 40 years of experience helping property investors reach their goals, we are well-equipped to guide you through the process.


Sit back and relax while we take care of everything for you! Our team has already conducted thorough property research, due diligence and negotiations. We'll oversee the construction process and guide you every step of the way until tenancy.


We look after the entire investment process end-to-end:

  • Area Research

  • Growth Driver Assessment

  • Due Diligence

  • Land Identification for a Range of Dwelling Types

  • Builder Screening and Negotiation

  • Building Plan Checks

  • Cash Flow Assessment

  • Vetting Property Managers



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