Smart Property Investment
Pinnacle Hervey Bay is located in the Dundowran - Nikenbah Growth Area of Hervey Bay. The estate is strategically positioned on the borders of three emerging growth suburbs - Nikenbah, Wondunna and Kawungan. (source forecast.id.com.au) Rental Vacancy Rates for Hervey Bay were 0.6% as at June 2022 (source SQM research). Median price growth, rental yield and rental market performance reveal very strong gains in the 12 months up until 1 August 2022 according to realestate.com.au.
The current population of the Fraser Coast is 112,078. (source profile.id.com.au). With its lifestyle, location and business opportunities as major draw cards, population growth is projected to increase by approximately 20,000 people in the decade to 2026 and reach 144,833 by 2036. (source Fraser Coast Regional Council) The population forecast specifically for the Dundowran - Nikenbah Growth Area is 2,695, and this is forecast to grow to 7,487 by 2041. This represents a population increase of 177.85% 2022-41. (source forecast.id.com.au)
The current population of the Fraser Coast is 112,078. (source profile.id.com.au). With its lifestyle, location and business opportunities as major draw cards, population growth is projected to increase by approximately 20,000 people in the decade to 2026 and reach 144,833 by 2036. (source Fraser Coast Regional Council) The population forecast specifically for the Dundowran - Nikenbah Growth Area is 2,695, and this is forecast to grow to 7,487 by 2041. This represents a population increase of 177.85% 2022-41. (source forecast.id.com.au)
Fraser Coast Multi Billion Dollar Boom
Industry on the Fraser Coast is set for a multi-billion dollar manufacturing boom. The Bundaberg–Hervey Bay region is set to benefit from the $260 million Hinkler Regional Deal. The State Government also budgeted a $950 million infrastructure spend for the Wide Bay Region in its 2020-21 Budget, supporting 3,400 jobs. In providing support to these manufacturing projects, the State Government has committed $98 million to upgrade Maryborough’s electricity grid. Sectors experiencing massive growth include Transport, Education, Resources & Energy, Commercial & Residential Construction. Some of the regional projects include:
๏ $7B Queensland Government New Generation Train Tender
๏ $2B Forest Wind Clean Energy Project
๏ $660M Mary Harbour Development (proposed)
๏ $385M EDI Train Maintenance Contract
๏ $300M Munna Creek Solar Farm
๏ $280M Aramara Solar PV Park
๏ $215M Teebar Solar Farm Tiaro
๏ $175M Susan River Solar Farm
๏ $130M Woolooga Solar Farm
๏ $130M Urangan High-Rise Project
๏ $110M Bruce Highway Saltwater Creek Upgrade
๏ $100M Advanced Energy Group / Maryborough Sugar Mill (proposed)
๏ $98M Maryborough Electricity Grid Upgrade
๏ $81M Rural Funds Group Macadamia & Cropping Project
๏ $78M Pinnacle Hervey Bay Masterplanned Development
๏ $70M ESI Battery Factory (to supply 20% of Australia’s needs)
๏ $60M Nioa-Rheinmetall Munitions Factory
๏ $60M Urangan Harbour Precinct
๏ $60M Retail Complex Boat Harbour Drive
๏ $60M Diamond Waters Hervey Bay Resort
๏ $55M Fraser Coast Sport & Recreation Precinct
๏ $40M Hervey Bay CBD Redevelopment
๏ $30M Flood Proofing of Torbanlea-Pialba Roads
๏ $30M Wide Bay Motor Complex (proposed)
๏ $28M SignatureCare 180 bed Aged Care facility
๏ $26M Hervey Bay Airport Redevelopment
๏ $21M+ Hervey Bay School Infrastructure
๏ $21M Boundary Road Extension
๏ $14.5M Hyne Timber Mill Expansion
๏ $13.8M Analytica High-Tech Medical Device Factory + Call Centre
๏ $12M AstroAero Aircraft Manufacturing Facility
๏ $6M Hornes Road & Craignish Road Projects
๏ $7B Queensland Government New Generation Train Tender
๏ $2B Forest Wind Clean Energy Project
๏ $660M Mary Harbour Development (proposed)
๏ $385M EDI Train Maintenance Contract
๏ $300M Munna Creek Solar Farm
๏ $280M Aramara Solar PV Park
๏ $215M Teebar Solar Farm Tiaro
๏ $175M Susan River Solar Farm
๏ $130M Woolooga Solar Farm
๏ $130M Urangan High-Rise Project
๏ $110M Bruce Highway Saltwater Creek Upgrade
๏ $100M Advanced Energy Group / Maryborough Sugar Mill (proposed)
๏ $98M Maryborough Electricity Grid Upgrade
๏ $81M Rural Funds Group Macadamia & Cropping Project
๏ $78M Pinnacle Hervey Bay Masterplanned Development
๏ $70M ESI Battery Factory (to supply 20% of Australia’s needs)
๏ $60M Nioa-Rheinmetall Munitions Factory
๏ $60M Urangan Harbour Precinct
๏ $60M Retail Complex Boat Harbour Drive
๏ $60M Diamond Waters Hervey Bay Resort
๏ $55M Fraser Coast Sport & Recreation Precinct
๏ $40M Hervey Bay CBD Redevelopment
๏ $30M Flood Proofing of Torbanlea-Pialba Roads
๏ $30M Wide Bay Motor Complex (proposed)
๏ $28M SignatureCare 180 bed Aged Care facility
๏ $26M Hervey Bay Airport Redevelopment
๏ $21M+ Hervey Bay School Infrastructure
๏ $21M Boundary Road Extension
๏ $14.5M Hyne Timber Mill Expansion
๏ $13.8M Analytica High-Tech Medical Device Factory + Call Centre
๏ $12M AstroAero Aircraft Manufacturing Facility
๏ $6M Hornes Road & Craignish Road Projects
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