The Sunshine Coast used to be known as just a hub for tourists, retirees and summer holiday getaway seekers. Now the coastal city is thriving as population growth is bringing opportunities in construction, as well as business and services.
According to the Sunshine Coast Daily a rising population is stimulating the construction industry with new developments boosting the region’s economy. There were 4576 total dwellings approved for construction on the Sunshine Coast in 2016-17 and Australian Bureau of Statistics data shows there were 2242 new dwellings approved for construction halfway through this financial year.
According to a Sunshine Coast Council spokesman, “there is an increase in migration from outside the region and reinvestment from people within the region into the property sector, contributing to increased building approvals and economic activity”.
It is a similar claim from 9News (2018). In an article called “Seachange demand: Sunshine and Gold Coast property markets grow more than Brisbane”, the topic refers to the Real Estate Institute of Queensland’s data that the Sunshine Coast property growth is at 6.7 per cent with demand outstripping supply and driving prices up.
Property research company Hotspotting also released their quarterly National Top 10 Best Buys report and named the Sunshine Coast as a real estate winner. (Realestate.com 2018)
What does the boom mean for business?
On the ground, the property boom is creating opportunities for business owners. John Brownsdon is a Franchisor with James’ Home Services who provide services such as High Pressure, Commercial and Home Cleaning as well as Lawn Mowing and Pet Grooming. “We are having a problem keeping up with the demand, we need more franchisees just to service the calls”, says John.
“When I started, at ‘James’ 23 years ago, we had to knock on doors to get the business going. Now, apart from the influx of population, we have Brand Recognition through TV, radio, trailers, vans and digital marketing, so the new Franchisee just hits the ground running.
According to John Brownsdon, a rise in demand for services is resulting from high and dual-income households who are just time poor. “What makes the Sunshine Coast special is that, people move here to enjoy the relaxed lifestyle such as the outdoors, the beaches and taking kids to sports. This means there is a demand for our type of services.”
For those looking to buy a business John has some personal advice. “The mistake most people make is they stay too long at a job because it’s “all they know”, I did!. I was a chef for 15 years before investing in a Window and Exterior business in 1995.
One of the advantages of the James Home Services Franchises is that they give you full personal training in your area in all aspects of business. From technical, administrative and marketing. So you can make the transition from employee to business owner.
They then monitor your business and assist you to achieve your personal and financial goals, understanding the fact that everyone wants something different out of their business and their life.
If you have been waiting for the perfect opportunity to buy the ideal business and relocate to sunnier heights now is your chance. In John Brownsdon’s own words… “dont die wondering, give me a call and we’ll grab a coffee. You can then decide if our businesses are for you or not”.
Click below to find out what opportunities are available and connect with John.