CABOOLTURE - MORAYFIELD OUTLOOK

Situated in the fast-growing Moreton Bay region, also known as the economic heart of the Northern Growth Corridor of South-East Queensland, Caboolture and Morayfield are amid massive population and employment growth.

Caboolture and Morayfield residents currently have access to a plethora of facilities, including award-winning schools, top-performing universities, numerous childcare centres, a diverse range of medical centres, a public and private hospital, many shopping centres and neighbourhood centres with great access to public transport.

LOCATION: Positioned directly beside the Bruce Highway, north of the Brisbane CBD (48 minutes) and south of Sunshine Coast (42 minutes).

RAPID DEVELOPMENT: $20+ billion in major projects recently completed, underway, approved and proposed in the region.

$25 MILLION CABOOLTURE HUB: Caboolture Hub is an award-winning community and business venue at the heart of the Caboolture CBD. At the complex, you will find the Learning and Business Centre, Caboolture Library and Caboolture Regional Art Gallery

BELLMERE WOOLWORTHS AND SHOPPING PROJECT: Woolworths will open a new location in Bellmere as part of a multimillion-dollar shopping development to feature 15 specialty shops and attract more than 300 jobs. Scheduled to open mid-2023.

February 2023

Forecasts suggest an additional 232,200 will be living in the region by 2036, increasing the total population to 622,000 people. To support this, developments that commenced in 2009 up until 2031, aim to provide approximately 41,000 new residential dwellings with a predicted employment growth of more than 120%.

Ideally positioned as a fast growing, affordable, familyorientated area, Caboolture, and Morayfield are in high demand!

SUNSHINE COAST UNIVERSITY HOSPITAL: Located 40 mins from Morayfield. Developed as part of a 49-acre integrated health campus, the world class design delivers a new benchmark in integrated research and training facilities, patient-centred care and as a healthcare workplace for the Sunshine Coast community.

PROPERTY PRICE GROWTH: The median house price in Caboolture is $565,000 and the median house price in Morayfield is $595,000.

$80 MILLION BIG FISH BUSINESS PARK: Located next the Bruce Highway, includes a 13,000 sqm Bunnings Warehouse, Coles, Chemist Warehouse, Petstock and other specialty stores and eateries.

TIGHT VACANCY RATES: Caboolture recorded a vacancy rate of 0.3% in March 2022, which is well below Brisbane Metro’s 0.7% average. Vacancy rates in Caboolture have held steady over the past 12 months, within the 1.0% range for almost 2 years. This indicates stability in its rental demand.

The Queensland State Government identifies Caboolture- Morayfield as a Principle Activity Centre (PAC) in the South East Regional Plan 2009 –2031, with a visionary aim for urban and economic transformation.

Moreton Bay has been identified as the fifth fastest growing Council area in Australia with continued growth over the next 40 years for the MorayfieldCaboolture areas.*

An estimated $25 million will be spent on upgrading the Caboolture River Road (Grant to Morayfield), which includes four traffic lanes, traffic lights at key intersections, and cycle lanes and pathways on both sides of the road.