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  • Writer's pictureCameron Bird Property Group

Coastal Rail Line Fully Funded Following Landmark Federal Government Announcement

  • In short: The Federal Government announced an additional $1.15 billion commitment (bringing the total to $2.75 billion) for the Sunshine Coast Direct Rail Line, aiming to ease congestion and provide faster, safer public transport.

  • Key Takeaways: This investment is anticipated to boost property values and stimulate growth, offering lucrative opportunities for property investors in the Sunshine Coast area.

The Federal Government has pledged an additional $1.15 billion for the Sunshine Coast heavy rail line. This funding, announced by Transport Minister Catherine King, ensures Stage 1 of the Direct Sunshine Coast Rail Line will proceed.

Both federal and state governments have now committed $2.75 billion each, fully funding the $5.5 billion project. Stage 1 includes a 19-kilometre dual track from Beerwah to Caloundra, the longest spur line in Queensland's southeast.

The rail line aims to ease road congestion in South-East Queensland and provide a faster, safer public transport option.

Future stages are planned to extend the line to Kawana and Maroochydore. Once completed, new stations at Caloundra and Nirimba will cut travel times to Brisbane's Roma Street by about 45 minutes during peak hours.

Minister King stressed the importance of the funding, announced just before the federal budget. “We’re investing $1.15 billion to ensure the Sunshine Coast has the infrastructure it needs for faster, more reliable connections,” she said.

Assistant Minister for Regional Development Anthony Chisholm higlighted the line's necessity for the growing area. “The Direct Sunshine Coast Rail Line will benefit locals and millions of tourists,” he said.

Federal Member for Fisher, Andrew Wallace, welcomed the investment but said it was overdue and insufficient for the region’s needs, especially with the upcoming 2032 Olympics.

State officials celebrated the funding as a catalyst for regional development and congestion relief. Sunshine Coast Mayor Rosanna Natoli praised the investment, emphasizing the need for an effective public transport network to support the region's growth and productivity. She hopes for future funding to extend the rail connection to Maroochydore.

Benefits for Property Investors

This enhanced infrastructure is expected to drive property values up and stimulate further growth, presenting lucrative opportunities for property investors in the Sunshine Coast area.

If you want to explore a range of property opportunities that meet your budget and investment preferences, book a call with our investment team today.


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