City Growth
The Yatala Enterprise Area (YEA) is centrally located in the middle of the burgeoning southeast Queensland growth corridor between Brisbane and the Gold Coast, and is strategically positioned to benefit as the region continues to expand.
The Gold Coast City Council, of which the YEA is a part, has a population of almost 500,000 and an annual growth rate of 3.6 percent. This growth has created demand for 129 new homes per week, with the population expected to reach almost 750,00 by the year 2026.
The YEA is also set to benefit from the Gold Coast’s $66.1 billion worth of residential, commercial, retirement, refurbishment, tourism and infrastructure development projects proposed or under construction.
The area’s close proximity to ports, the two international airports on the Gold Coast and in Brisbane, national highway and rail links adds to the YEA’s viability as a central industrial and commercial hub.
The residential housing market is also benefitting from the areas growth. The greater Beenleigh area, which includes Yatala and Stapylton, has recorded a median price of $369,000 and a growth rate of 13.1 percent or a $42,625 price increase since the June 2007 half-year period.
As price rises are expected to continue in line with southeast Queensland’s popularity, investment in the area today points towards continued business and capital growth well into the future.
