If you're seeking a prime investment opportunity that combines an idyllic outdoor lifestyle with affordability and proximity to top tourist destinations, then Hervey Bay should be on your radar.
Hervey Bay offers the perfect blend of location, affordability, growth and profit potential – an ideal investment platform.
Located along Queensland's sought-after coastline, Hervey Bay boasts peaceful beaches, calm waters, and year-round warm weather. It serves as the gateway to renowned attractions such as Fraser Island and the Great Barrier Reef, ensuring a steady stream of visitors.
Beyond its setting, Hervey Bay stands out for its favourable cost of living, making it an attractive option for property investors seeking high returns without the hefty price tag often associated with coastal towns.
Invest in Hervey Bay
Why Hervey Bay is Unique
What sets Hervey Bay apart as an excellent choice for both living and investing is its unique blend of location, lifestyle, growth prospects, home affordability, and a tight rental market.
Compared to metropolitan areas, the region currently offers affordable housing options, making it a compelling prospect for property portfolio expansion. Additionally, with the rise of remote work opportunities across various industries in Australia, there's greater flexibility to reside outside of crowded urban centres.
High Yield and High Growth Potential
Vacancy Rate (February 2024): 0.7%
Hervey Bay has experienced an increase of more than 67% over the past 5 years in median house value to more than $615,000
Sources: Core Logic, SQM Research
Billion Dollar Boom
The Fraser Coast benefits from direct access to key transportation networks via major road and rail routes.
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.
The region is poised for a substantial manufacturing boom, with investments including:
$7B Queensland Government New Generation train tender
$2B Forest Wind clean energy project
$385M EDI train maintenance contract
$300M Munna Creek solar farm
$175M Susan River solar farm
$110M Bruce Highway Saltwater Creek upgrade
$81M Rural Funds group macadamia and cropping project
$70M ESI battery factory, set to supply 20% of Australia's needs
$60M Nioa-Rheinmetall munitions factory
$60M Urangan Harbour Precinct
$55M Fraser Coast Sport and Recreation Precinct
$40M Hervey Bay CBD redevelopment
$28M SignatureCare 180-bed Aged Care facility
$26M Hervey Bay Airport redevelopment
$21M Boundary Road extension
$14.5M Hyne Timber mill expansion
$13.8M Analytica high-tech medical device factory and call centre
$12M AstroAero aircraft manufacturing facility
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 centers and boasts a mild, inviting climate year-round, making it a perennial favorite among travelers.
Perfectly Located in Queensland
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. Located north of the Sunshine Coast and Brisbane, Hervey Bay is very accessible, becoming popular for tourists and long-term residents.
Hervey Bay presents an unparalleled opportunity for property investors. These world-renowned attractions ensure a constant influx of tourists, driving demand for accommodation and migrating providing a solid foundation for a lucrative investment venture.
Key Location Features
Coastline stretching over 40km
Excellent accessibility to good schools, hospitals and recreation facilities
Growth hub for restaurants and retail precincts
Access to an array of outdoor attractions and experiences
Billion-dollar investment into infrastructure including: Forest Wind Project ($2b), Urangan Harbour ($60m), ESI Asia Pacific Battery Factory ($70m), and the Astro Aero Aircraft Factory ($12m), to name a few
Hervey Bay Airport: 7-10 direct flights each day including to Brisbane, Sydney and Lady Elliot Island
Renowned for world-class fishing, whale watching, camping and hiking
Population
The Wide Bay Burnett Region Estimated Residents for 2023 is 324,178 (Profile ID, 2023) with the Local Government Areas (LGA) of the region being: Bundaberg, Cherbourg, Fraser Coast, Gympie, North Burnett and South Burnett. Fraser Coast, which houses Hervey Bay has an estimated population of 117,940 (Profile ID, 2023)
The Wide Bay Burnett Region Employment Rate: 77.4% with 13,882,100 residents employed (Labour Market Insights)
Hervey Bay is a region within the Wide Bay Burnett Region.
Local Infrastructure
Key employment sectors in the Fraser Coast encompass healthcare, education, retail trade, food services (tourism), accommodation, and manufacturing.
Healthcare
The Fraser Coast boasts two public hospitals (Hervey Bay Hospital and Maryborough Hospital) along with a private hospital (St Stephen’s Hospital in Hervey Bay), as well as day surgery clinics.
Retail
Major retail hubs include:
Hervey Bay CBD
Maryborough CBD
With additional significant centres such as:
Bay Plaza
Eli Waters Shopping Centre
Maryborough Central Plaza Shopping Centre
Pialba Place Shopping Centre
River Heads Shopping Village
Station Square Shopping Centre
Stockland Hervey Bay Shopping Centre
Urangan Central Shopping Centre
Education
Educational facilities range from the University of the Sunshine Coast (Fraser Coast Campus) to the Wide Bay Institute of TAFE (Hervey Bay Campus), alongside numerous private and public schools.
Transportation Networks
Bruce Highway
Fraser Coast Airport (Hervey Bay and Maryborough)
Tilt Train
Fraser Island Ferry and Barges
Major Industrial Precincts
Dundowran (north of Lower Mountain Road)
Eastern and western sections of Maryborough
Maryborough West
Southern sections of Urangan
Industrial activity primarily is concentrated in the southern regions of Hervey Bay and the eastern and western areas of Maryborough
Looking to Invest in Hervey Bay?
The current moment presents an opportune time for astute investors to capitalise on this emerging trend before the completion of infrastructure projects trigger a shift from affordable to prohibitively expensive property prices.
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.
Don't wait any longer to invest in the Hervey Bay region—register your interest now and secure your opportunity.