Investing In Hervey Bay
Discover the benefits of investing in Hervey Bay. From affordable property prices and high rental yields to a growing community.
Discover the benefits of Explore why Hervey Bay is a prime location for property investment and long-term growth.
Hervey Bay is Fraser Coast’s jewel in the crown and one of Queensland’s fastest growing regions. This beautiful city is ideally located, 250 km north of Brisbane, with convenient access to road, rail and air, and enjoys strong growth in business, population, and industry.
Key Area Strengths
60,000
Population
52
Median age
$1,286
Median household weekly income
15,342
Families
Key strengths and specialities of the region
Within an easy 3.5hour drive or 45-minute flight from Brisbane and 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.
The Queensland Government is committed to supporting the continual development of the region in a coordinated and sustainable manner. The draft Wide Bay Burnett Regional Plan sets a 25-year strategic vision, with strategic priorities, objectives, and regional responses to address challenges and capitalise on opportunities within the region. These strategic priorities are:
- growing our people and places
- taking charge of our economic future
- sustaining our environment and lifestyle.
Hervey Bay is well placed to support the delivery of these priorities and contribute significantly to the broader regional economy.
Queensland has a dynamic and diverse economy supported by a pro-business government, sophisticated infrastructure and a skilled workforce. The state’s economic environment and projected strong growth offers investors an ideal long-term investment climate. There has never been a better time to invest in Queensland.
Thriving business environment
Queensland is a place for innovation, enterprise and industry. Queensland has significant competitive advantages making it the best location to invest and grow your business.
Business confidence and taxation
- Over the past two years, business conditions in Queensland have been amongst the highest of any state economy (NAB Quarterly Business Survey).
- Queensland’s tax system can deliver a competitive advantage for your business, including offering the lowest standard payroll tax rate in Australia.
- Taxation in Queensland in 2021-22 is estimated to be $452 per person less than the average of other Australian states and territories.
Highly skilled workforce and world-class universities
- Our state’s workforce of more than 2.8 million is highly skilled, motivated and employment ready. Companies have a broad choice of skilled workers, due to world-class educational facilities.
- Queensland has consistently recorded high levels of interstate migration, having the highest net interstate migration levels in Australia in 2020-21, and in 35 of the past 40 years.
- Queensland is home to eleven universities, including some of the newest universities in the world.
Connectivity and infrastructure
- Queensland offers great connectivity, through six major international passenger airports and extensive road and rail networks that move people efficiently across cities and regions.
- Queensland will host the Brisbane 2032 Olympic and Paralympic Games, resulting in significant funding commitments by the Australian and Queensland Governments to upgrade and maintain the state’s highways, keeping the vital network running smoothly and reducing travel times.
Information and communications technology
- Many parts of Queensland have access to world-class digital infrastructure.
- As of December 2021, Queensland had more than 1.6 million premises connected to the national broadband network, the third largest of any state or territory in Australia.
- The Queensland Government is continuing to work with providers and the Australian Government to facilitate improvements to the state’s digital infrastructure to boost communication and data speeds.
Liveability
- Queensland is home to some of the most liveable cities and regions in the world and enjoys 300 days of sunshine per year.
- There is a diverse range of living choices on offer in Hervey Bay, from rural areas or a large lot park residential estate to residential urban and apartment complex living.
- The residents of Hervey Bay enjoy a relaxed outdoor lifestyle with world-class facilities, beautiful beaches and a perfect climate.
- With its beautiful sunsets, enviable climate and stunning beaches, Hervey Bay, one of Queensland’s best kept secrets, is fulfulling its potential.
Discover high-quality inclusions and customisable options to create your dream home today