In the heart of South East Queensland’s Scenic Rim region, Gleneagle beckons with its breathtaking landscapes and a wealth of engaging activities. Among the charming locales within this picturesque area lies The Outlook Estate, a hidden gem a mere 3 minutes from the town centre. This master-planned community offers a wonderful mix of generous building lots around beautiful natural parklands.
Residents and visitors alike are spoiled for choice with diverse local amenities. From convenient shopping and dining options to medical facilities and fresh produce markets, every necessity is well-catered for.
The vibrant city of Brisbane is an easy 35-minute drive, and the golden beaches of the Gold Coast are only 40 minutes away.
Key Investment Figures
With minimal new property supply and a tight rental market, Gleneagle is poised to capitalise on the significant price and rental growth in the coming years.
South-East Queensland’s booming population pressures the state’s affordability, with most investment options now coming in over $600,000. Gleneagle continues to have a median house price of under $600,000 and has experienced positive median house price growth in 2023, despite the aggressive rise in interest rates.
With investors and owner-occupiers searching for value when affordability pressure is at an all-time high, it is only a matter of time before we see demand for Gleneagle push pricing in line with the rest of South-East Queensland.
Employment opportunities in Gleneagle and neighbouring Beaudesert
Over the span of two and a half decades, from 2016 to 2041, the workforce is expected to experience substantial growth, surging from 4,125 workers to an impressive 7,435. While the healthcare and social assistance sector will continue to take the lead as the largest employer, other industries, namely education, training, and construction, are also anticipated to witness significant expansion.
Anticipating a flourishing economic landscape, the catchment area will see high growth in employment within the mining and electricity, gas, water, and waste services sectors during the same period.
One of the region’s key assets lies in its ample supply of vacant and underutilised employment-zoned sites. This treasure trove has the potential to yield an additional 4,153 jobs by 2041 on these designated lands alone, surpassing the projected employment growth and showcasing the area’s potential for prospective employees.
Adding to the momentum, the Beaudesert Enterprise Precinct expansion project, spearheaded by the local Council, reinforces the commitment to bolstering local job opportunities and fostering business growth. By designating 11 hectares of industrial land tailored for small to medium-sized industries, this project significantly contributes to the availability of job opportunities.
As employment prospects shine brightly, the catchment area emerges as an exciting hub for those seeking to be part of a growing and thriving community. With diverse industries poised for expansion and strategic initiatives in place, the stage is set for investors and job seekers alike to explore the boundless possibilities that await in this flourishing region.
Source: letstalk.scenicrim.qld.gov.au
ALC is proud to offer a premium selection of four-bedroom house and land packages in the Outlook estate, Gleneagle QLD starting from $585,000 (fixed price with turn-key inclusions). To learn more, reach out to the ALC team today.
