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Projected Capital Growth in Morayfield = 10% pa for next 5 years !
Morayfield is one of South East Queensland’s fastest growth suburbs based on Location, Proximity to job nodes, the M1, public transport and affordability
Located within the Moreton Bay Shire around 40km north of Brisbane CBD, Morayfield has become the areas main retail and commercial hub where many established homes being around 10 – 15 years old have acreages lending strong value to this area of Caboolture
Made up of mostly detached housing in established suburbs close to retail hubs and other important infrastructure there is a small release of house and land opportunity for owners and investors looking for affordability and location to major transport hubs and the Bruce Highway. Affordability, easy access and schools, shopping and entertainment Moreton bay is attracting many families.
Caboolture is well established with both private and government services including schools, public + private hospital and health centre, retail and commercial facilities and easy access to either Brisbane or Sunshine Coast job nodes
Residents in the area comprise of mostly young families who have access to parks, outdoor leisure activities, golf courses and picnic areas which also encompasses part of the Queensland State Forrest
Transport around the region is good with local train station servicing Brisbane CBD and regular bus routes ferrying passengers to all major points around the area. The region also has its own aerodrome. The Bruce Highway to Brisbane is an easy 35 minute trip to the city centre
Retail shopping is well serviced by the popular Morayfield Shopping Centre which is anchored by the likes of major national brands including Target, Big W, Woolworths as well as a cinema complex with ongoing upgrades and growth to retail facilities to meet growing demand
Has a new University and a new town plan will continue to absorb population growth placing upward pressure on the supply of housing on the back of State Government turning the region into a Principal Activity Centre (PRAC)
Caboolture Library Learning Centre and Art Gallery is a $25m civic building within the existing town square. Focused on delivering a contemporary and modern facility with flexible and efficient spaces and general circulation areas offering openness and grandeur to Morayfield residences. The completed building will be over 3 floors with a roof top terrace
Northeast Business Park Ltd to develop a massive 326 hectare multi-use precinct on 760 hectares of privately owned land in Morayfield to include :
Extending north east to the banks of the Caboolture River the site has approximately 9 km of direct river frontage and also direct access to Bruce Highway via Buchanan Road. Located around 4.5km east of Caboolture town centre and planned to stimulate further jobs in the area
South East Queensland
McGrath forms sales team to lead Queensland expansion : Leading residential real estate group McGrath Estate Agents has announced the appointment of the first six sales agents who will spearhead its push into south-east Queensland.
In making his long anticipated foray into Queensland, McGrath Chief Executive and founder John McGrath is tipping South East Queensland to enter a new growth cycle backed by strong population growth.
“South East Queensland is a very exciting market to be in, offering enormous lifestyle and investment opportunities,” said Mr McGrath. “The anticipated growth in baby boomers relocating here over the next five to 10 years, make this a market we must be in.
“This region has had a tough time in past years but the recent economic upturn has also created some excellent buying opportunities. I think that Queensland, especially south-east Queensland, is at the beginning of a long growth cycle.”
Demographics of Moreton Bay
Moreton Bay now classified as the number 2 most livable city in Australia by Aussie Home Loans with affordable housing, quality road and rail links and new education facilities
Moreton Bay has been planned as a Principal Activity Centre by State Government, what this means to investors is wonderful potential of capital growth plus strong rental yields and low vacancy rates on the back of a $980 Million Dollar investment into new infrastructure plus a $140 Million Dollar investment into the expansion of Westfield shopping precinct and other local amenities
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